XML 66 R47.htm IDEA: XBRL DOCUMENT v3.6.0.2
Other Charges, Net (Tables)
12 Months Ended
Dec. 31, 2016
Other Charges, Net  
Components of other charges, net

The components of other charges, net for the years ended December 31, 2016, 2015 and 2014, were as follows (in millions):

                                                                                                                                                                                    

 

 

2016

 

2015

 

2014

 

Acquisition-related expenses (income), net

 

$

9.0

 

$

(7.2

)

$

2.9

 

Professional fees incurred in connection with internal investigation

 

 

 

 

0.4

 

 

3.2

 

Pension settlement charge

 

 

 

 

10.2

 

 

 

Information technology transformation costs

 

 

6.2

 

 

8.9

 

 

4.0

 

Restructuring charges

 

 

9.8

 

 

8.1

 

 

11.1

 

Long-lived asset impairments

 

 

0.8

 

 

4.6

 

 

11.5

 

​  

​  

​  

​  

​  

​  

Other charges, net

 

$

25.8

 

$

25.0

 

$

32.7

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of changes in the restructuring reserves

The following table sets forth the changes in the restructuring reserves for the years ended December 31, 2016, 2015 and 2014 (in millions):

                                                                                                                                                                                    

 

 

Total

 

Severance

 

Exit Costs

 

Provisions for
Excess
Inventory

 

Balance at December 31, 2013

 

$

11.5

 

$

8.4

 

$

1.1

 

$

2.0

 

Restructuring charges

 

 

36.1

 

 

15.5

 

 

8.8

 

 

11.8

 

Cash payments

 

 

(22.9

)

 

(14.6

)

 

(8.2

)

 

(0.1

)

Non-cash adjustments

 

 

(7.5

)

 

(1.4

)

 

(0.3

)

 

(5.8

)

Foreign currency impact

 

 

(1.1

)

 

(0.8

)

 

(0.1

)

 

(0.2

)

​  

​  

​  

​  

​  

​  

​  

​  

Balance at December 31, 2014

 

$

16.1

 

$

7.1

 

$

1.3

 

$

7.7

 

Restructuring charges

 

 

29.3

 

 

15.9

 

 

6.4

 

 

7.0

 

Cash payments

 

 

(18.0

)

 

(11.9

)

 

(5.1

)

 

(1.0

)

Non-cash adjustments

 

 

(2.9

)

 

(0.2

)

 

(0.2

)

 

(2.5

)

Foreign currency impact

 

 

(1.4

)

 

(0.6

)

 

 

 

(0.8

)

​  

​  

​  

​  

​  

​  

​  

​  

Balance at December 31, 2015

 

$

23.1

 

$

10.3

 

$

2.4

 

$

10.4

 

Restructuring charges

 

 

20.8

 

 

10.6

 

 

7.2

 

 

3.0

 

Cash payments

 

 

(22.1

)

 

(15.6

)

 

(5.6

)

 

(0.9

)

Non-cash adjustments

 

 

(5.4

)

 

(0.4

)

 

(0.3

)

 

(4.7

)

Foreign currency impact

 

 

(0.2

)

 

 

 

 

 

(0.2

)

​  

​  

​  

​  

​  

​  

​  

​  

Balance at December 31, 2016

 

$

16.2

 

$

4.9

 

$

3.7

 

$

7.6

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Restructuring initiative within Bruker CALID and Bruker Nano Groups  
Restructuring charges  
Summary of restructuring expenses

The following is a summary of the restructuring expenses related to this initiative which are recorded in the accompanying consolidated statements of income and comprehensive income for the year ended December 31, 2016:

                                                                                                                                                                                    

 

 

2016

 

 

 

Severance
and Exit
Costs

 

Inventory
Writedown
and Asset
Impairment

 

Total

 

Cost of revenues

 

$

4.4 

 

$

2.4 

 

$

6.8 

 

Other charges, net

 

 

3.4 

 

 

0.2 

 

 

3.6 

 

​  

​  

​  

​  

​  

​  

 

 

$

7.8 

 

$

2.6 

 

$

10.4 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Restructuring initiative within Bruker BioSpin Group  
Restructuring charges  
Summary of restructuring expenses

The following is a summary of the restructuring expenses related to this initiative which are recorded in the accompanying consolidated statements of income and comprehensive income for years ended December 31, 2016 and 2015:

                                                                                                                                                                                    

 

 

2016

 

2015

 

 

 

Severance
and Exit
Costs

 

Inventory
Writedown
and Asset
Impairment

 

Total

 

Severance
and Exit
Costs

 

Inventory
Writedown
and Asset
Impairment

 

Total

 

Cost of revenues

 

$

2.2 

 

$

 

$

2.2 

 

$

10.2 

 

$

2.1 

 

$

12.3 

 

Other charges, net

 

 

1.1 

 

 

 

 

1.1 

 

 

1.8 

 

 

2.1 

 

 

3.9 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

 

$

3.3 

 

$

 

$

3.3 

 

$

12.0 

 

$

4.2 

 

$

16.2 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Various other programs  
Restructuring charges  
Summary of restructuring expenses

Restructuring charges for the years ended December 31, 2016, 2015 and 2014 included charges for various other programs which were recorded in the accompanying consolidated statements of income and comprehensive income as follows:

                                                                                                                                                                                    

 

 

2016

 

2015

 

2014

 

Cost of revenues

 

$

2.0 

 

$

8.9 

 

$

25.0 

 

Other charges, net

 

 

5.1 

 

 

4.2 

 

 

11.1 

 

​  

​  

​  

​  

​  

​  

 

 

$

7.1 

 

$

13.1 

 

$

36.1 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​