RESTRUCTURING AND RELATED CHARGES

The Company reports restructuring and related charges associated with manufacturing and related initiatives in Cost of goods sold. Restructuring and related charges reflected in Cost of goods sold include, but are not limited to, termination, compensation and related costs associated with manufacturing employees, asset impairments relating to manufacturing initiatives, and other costs directly related to the restructuring or integration initiatives implemented.

The Company reports restructuring and related charges relating to administrative functions in Operating expenses, such as initiatives impacting sales, marketing, distribution, or other non-manufacturing functions. Restructuring and related charges reflected in Operating expenses include, but are not limited to, termination and related costs, any asset impairments relating to the functional areas described above, and other costs directly related to the initiatives.

The following table summarizes restructuring and related charges incurred by segment for the three and nine month periods ended June 30, 2013 and July 1, 2012:



	Three Months Ended				Nine Months Ended
	2013		2012		2013		2012
Cost of goods sold:
Global Batteries & Appliances	$	93	$	1,205	$	907	$	4,679
Hardware & Home Improvement	644		—		1,772		—
Global Pet Supplies	276		833		2,019		3,624
Total restructuring and related charges in cost of goods sold	1,013		2,038		4,698		8,303
Operating expenses:
Global Batteries & Appliances	8,201		640		10,556		2,283
Hardware & Home Improvement	1,698		—		3,251		—
Global Pet Supplies	1,165		883		7,501		3,276
Home and Garden Business	151		192		518		1,163
Corporate	1,017		143		1,212		865
Total restructuring and related charges in operating expenses	12,232		1,858		23,038		7,587
Total restructuring and related charges	$	13,245	$	3,896	$	27,736	$	15,890

Global Expense Rationalization Initiatives Summary

During the third quarter of the fiscal year ending September 30, 2013, the Company implemented a series of initiatives throughout the Company to reduce operating costs (the “Global Expense Rationalization Initiatives”). These initiatives consist of headcount reductions in the Global Batteries & Appliances segment and Corporate. Costs associated with these initiatives, which are expected to be incurred through December 31, 2014, are currently projected to total approximately $10,500.

The Company recorded $7,876 of pretax restructuring and related charges during the three and nine month periods ended June 30, 2013, and no pretax restructuring and related charges during the three and nine month periods ended July 1, 2012, related to the Global Cost Reduction Initiatives.

The following table summarizes the remaining accrual balance associated with the Global Expense Rationalization Initiatives and the activity during the nine month period ended June 30, 2013:



	Termination Benefits			Other Costs		Total
Accrual balance at September 30, 2012	$	—		$	—	$	—
Provisions	6,751			—		6,751
Cash expenditures	(99		)	—		(99		)
Non-cash items	(14		)	—		(14		)
Accrual balance at June 30, 2013	$	6,638		$	—	$	6,638
Expensed as incurred ^(A)	$	798		$	327	$	1,125

______________________________


(A)	Consists of amounts not impacting the accrual for restructuring and related charges.

The following table summarizes the expenses incurred during the nine month period ended June 30, 2013, the cumulative amount incurred to date and the total future expected costs to be incurred associated with the Global Expense Rationalization Initiatives by operating segment:



	Global Batteries & Appliances		Corporate		Total
Restructuring and related charges during the nine month period ended June 30, 2013	$	6,922	$	954	$	7,876
Restructuring and related charges since initiative inception	$	6,922	$	954	$	7,876
Total future restructuring and related charges expected	$	2,297	$	250	$	2,547

Global Cost Reduction Initiatives Summary

During the fiscal year ended September 30, 2009, the Company implemented a series of initiatives within the Global Batteries & Appliances segment, the Global Pet Supplies segment and the Home and Garden Business segment to reduce operating costs, and to evaluate opportunities to improve the Company’s capital structure (the “Global Cost Reduction Initiatives”). These initiatives included headcount reductions and the exit of certain facilities within each of the Company’s segments. These initiatives also included consultation, legal and accounting fees related to the evaluation of the Company’s capital structure. Costs associated with these initiatives, which are expected to be incurred through January 31, 2015, are projected to total approximately $104,500.

The Company recorded $2,981 and $14,627 of pretax restructuring and related charges during the three and nine month periods ended June 30, 2013, respectively, and $3,768 and $15,070 of pretax restructuring and related charges during the three and nine month periods ended July 1, 2012, respectively, related to the Global Cost Reduction Initiatives.

The following table summarizes the remaining accrual balance associated with the Global Cost Reduction Initiatives and the activity during the nine month period ended June 30, 2013:



	Termination Benefits			Other Costs			Total
Accrual balance at September 30, 2012	$	3,252		$	1,095		$	4,347
Provisions	5,418			226			5,644
Cash expenditures	(3,103		)	(1,055		)	(4,158		)
Non-cash items	(5		)	40			35
Accrual balance at June 30, 2013	$	5,562		$	306		$	5,868
Expensed as incurred ^(A)	$	1,183		$	7,800		$	8,983

______________________________


(A)	Consists of amounts not impacting the accrual for restructuring and related charges.



	Global Batteries & Appliances		Global Pet Supplies		Home and Garden Business		Corporate		Total
Restructuring and related charges during the nine month period ended June 30, 2013	$	4,589	$	9,520	$	518	$	—	$	14,627
Restructuring and related charges since initiative inception	$	25,398	$	46,519	$	18,138	$	7,591	$	97,646
Total future restructuring and related charges expected	$	693	$	5,085	$	1,009	$	—	$	6,787

The Company recorded $2,342 and $5,023 of restructuring and related charges during the three and nine month periods ended June 30, 2013, respectively, related to initiatives implemented by the HHI Business prior to the Company's acquisition on December 17, 2012.

In connection with other restructuring efforts, the Company recorded $46 and $210 of pretax restructuring and related charges during the three and nine month periods ended June 30, 2013, respectively, and $128 and $820 of pretax restructuring and related charges during the three and nine month periods ended July 1, 2012, respectively.