RESTRUCTURING ACTIVITIES

Subsequent to Q1 2015, we announced additional restructuring actions in EMEA intended to safeguard our global competitiveness through changes in our EMEA manufacturing footprint. These actions relate to the exit of a manufacturing facility in France and the transfer of its activities to other existing facilities in the EMEA region. This project may involve the transfer of the operations of the facility to a third party or result in a closure. In connection with this project, we expect to incur approximately $30 to $50 of net cash costs, including costs associated with manufacturing inefficiencies, consolidation and production moves. The remaining costs may include payments to a third party or costs related to workforce reductions. We are unable to estimate a range for each of the categories of these costs at this time, as they will depend on whether we transfer the facility to a third party and the terms of such transfer, as well as the outcome of the works council procedures.

In Q1 2015, we recognized a $12.0 gain related to the sale of a idle manufacturing facility in the Americas segment that was closed as part of previously announced restructuring actions.

In Q1 2015, we announced restructuring actions to close a manufacturing facility in High Point, North Carolina. In connection with this project, we expect to incur approximately $8 of cash restructuring costs, with approximately $4 relating to workforce reductions and approximately $4 relating to manufacturing consolidation and production moves. We did not incur any costs in the Americas segment in connection with these actions during Q1 2015.

In Q3 2014, we announced restructuring actions in EMEA to safeguard our global competitiveness through changes in our EMEA manufacturing footprint. These actions consist of the closure of a manufacturing facility in Durlangen, Germany and the establishment of a new manufacturing location in Stribro, Czech Republic. In Q1 2015, we completed negotiations with the works councils related to these actions. In connection with this project, we expect to incur approximately $26 of cash restructuring costs, with approximately $19 related to employee termination costs and approximately $7 related to business exit and other related costs. We incurred $0.6 of employee termination costs and $0.5 of business exit and other related costs in the EMEA segment in connection with these actions during the three months ended May 30, 2014. During 2014 we incurred $0.7 of business exit and other related costs in the EMEA segment in connection with these actions.

In Q1 2014, we announced restructuring actions in EMEA to reorganize the sales, marketing and support functions in France. We currently estimate the cash restructuring costs associated with these actions will be approximately $9, with approximately $8 related to employee termination costs and approximately $1 of business exit and other related costs. We incurred $0.6 and $1.8 of employee termination costs in the EMEA segment in connection with these actions during the three months ended May 30, 2014 and May 24, 2013, respectively. We incurred $0.3 of business exit and other related costs in the EMEA segment in connection with these actions during the three months ended May 24, 2013. During 2014 we incurred $6.3 related to employee termination costs and $0.9 of business exit and other related costs in the EMEA segment in connection with these actions.

Restructuring costs (benefits) are summarized in the following table:



	Three Months Ended
Restructuring Costs (Benefits)	May 30, 2014			May 24, 2013
Cost of sales
Americas	$	(11.6	)	$	0.2
EMEA	1.1			—
	(10.5		)	0.2
Operating expenses
Americas	—			1.0
EMEA	0.8			3.2
	0.8			4.2
Total	$	(9.7	)	$	4.4

Below is a summary of the net additions, payments and adjustments to the restructuring reserve balance for the three months ended May 30, 2014:



Restructuring Reserve	Employee Termination Costs			Business Exits and Related Costs			Total
Reserve balance as of February 28, 2014	$	7.7		$	2.0		$	9.7
Additions	1.6			0.7			2.3
Payments	(2.0		)	(0.6		)	(2.6		)
Reserve balance as of May 30, 2014	$	7.3		$	2.1		$	9.4

The employee termination costs reserve balance as of May 30, 2014 primarily relates to restructuring actions in EMEA.