Note 3—Restructuring and Asset Impairments

We implement restructuring programs from time to time that are designed to improve operating effectiveness and lower costs. When we implement these programs, we incur various charges, including severance, asset impairments, and other employment related costs. During the first quarter of 2014, we implemented one such program, which involved the closure of two of our smaller plants, one located in North America and another one located in the United Kingdom (the “2014 Restructuring Plan”). The plant closures are expected to be completed by the end of our 2014 fiscal year and will result in cash charges associated with employee redundancy costs and relocation of assets, and non-cash charges related to asset impairments and accelerated depreciation on property, plant and equipment. In connection with the 2014 Restructuring Plan, we expect to incur total charges of approximately $4.5 million to $5.5 million. We also implemented a restructuring plan in June 2013, which consisted primarily of headcount reductions.

The following table summarizes restructuring charges for the three and nine months ended September 27, 2014 and September 28, 2013, respectively:


	For the Three Months Ended				For the Nine Months Ended
(in millions of U.S. dollars)	September 27, 2014		September 28, 2013		September 27, 2014		September 28, 2013
North America	$	0.1	$	—	$	2.3	$	1.0
United Kingdom		—		—		0.1		0.7
Mexico		—		—		—		0.3

Total	$	0.1	$	—	$	2.4	$	2.0

There were no asset impairment charges for the three and nine months ended September 28, 2013. The following table summarizes asset impairment charges for the three and nine months ended September 27, 2014:


(in millions of U.S. dollars)	For the Three Months Ended September 27, 2014			For the Nine Months Ended September 27, 2014
North America	$	—		$	0.9
United Kingdom		(0.2	)		0.8

Total	$	(0.2	)	$	1.7

The following tables summarize our restructuring liability as of September 27, 2014, along with charges to costs and expenses and cash payments:

2014 Restructuring Plan:


	North America
(in millions of U.S. dollars)	Balance at December 28, 2013		Charges to costs and expenses		Cash payments			Balance at September 27, 2014
Restructuring liability	$	—	$	2.3	$	(2.3	)	$	—

	$	—	$	2.3	$	(2.3	)	$	—


	United Kingdom
(in millions of U.S. dollars)	Balance at December 28, 2013		Charges to costs and expenses		Cash payments			Balance at September 27, 2014
Restructuring liability	$	—	$	0.1	$	(0.1	)	$	—

	$	—	$	0.1	$	(0.1	)	$	—