Restructuring, integration and other charges (Tables)

9 Months Ended

Mar. 31, 2012

Fiscal Year 2012 [Member]

Restructuring Cost and Reserve [Line Items]

During the third quarter and first nine months of fiscal 2012, the Company initiated actions to reduce costs in both operating groups in response to current market conditions and incurred acquisition and integration costs associated with recently acquired businesses. As a result, the Company incurred restructuring, integration and other charges as presented in the following table.



	Quarter Ended March 31, 2012			Nine Months Ended March 31, 2012
	(Thousands)
Restructuring charges	$	11,217		$	40,156
Integration costs	3,988			7,438
Acquisition transaction costs	4,196			7,262
Reversal of excess prior year restructuring reserves	(792		)	(1,742		)
Pre-tax restructuring, integration and other charges	$	18,609		$	53,114
After tax restructuring, integration and other charges	$	13,691		$	37,255
Restructuring, integration and other charges per share on a diluted basis	$	0.10		$	0.25

The activity related to the restructuring charges incurred during the first nine months of fiscal 2012 is presented in the following table:



	Severance Reserves			Facility Exit Costs			Other			Total
	(Thousands)
Fiscal 2012 pre-tax charges	$	26,523		$	10,525		$	3,108		$	40,156
Cash payments	(18,385		)	(1,460		)	(1,512		)	(21,357		)
Non-cash write-downs	—			(2,112		)	(537		)	(2,649		)
Other, principally foreign currency translation	(15		)	(106		)	9			(112		)
Balance at March 31, 2012	$	8,123		$	6,847		$	1,068		$	16,038

Fiscal Year 2011 [Member]

Restructuring Cost and Reserve [Line Items]

The following table presents the activity during the first nine months of fiscal 2012 related to the remaining restructuring reserves established during fiscal 2011.



	Severance Reserves			Facility Exit Costs			Other			Total
	(Thousands)
Balance at July 2, 2011	$	9,803		$	8,294		$	1,038		$	19,135
Cash payments	(7,884		)	(2,826		)	(440		)	(11,150		)
Adjustments	(576		)	(260		)	(297		)	(1,133		)
Other, principally foreign currency translation	(564		)	(281		)	(23		)	(868		)
Balance at March 31, 2012	$	779		$	4,927		$	278		$	5,984

Fiscal 2010 And Prior [Member]

Restructuring Cost and Reserve [Line Items]

The following table presents the activity during the first nine months of fiscal 2012 related to the remaining restructuring reserves that were established during fiscal 2010 and prior.



	Severance Reserves			Facility Exit Costs			Other			Total
	(Thousands)
Balance at July 2, 2011	$	316		$	6,632		$	1,966		$	8,914
Cash payments	(32		)	(3,606		)	(1,096		)	(4,734		)
Adjustments	(36		)	(383		)	(10		)	(429		)
Other, principally foreign currency translation	(20		)	(60		)	(119		)	(199		)
Balance at March 31, 2012	$	228		$	2,583		$	741		$	3,552

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

+ References+ Details

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References+ Details