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Other Charges (Tables)
9 Months Ended
Sep. 30, 2014
Other Charges  
Components of Other Charges

The components of Other Charges were as follows (in millions):

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

Professional fees incurred in connection with internal investigation

 

$

0.3 

 

$

0.7 

 

$

3.1 

 

$

5.3 

 

Acquisition-related charges

 

1.2 

 

1.1 

 

2.1 

 

1.6 

 

Information technology transformation costs

 

1.1 

 

 

2.4 

 

 

Restructuring charges

 

2.8 

 

8.6 

 

7.0 

 

13.6 

 

Long-lived asset impairments

 

6.9 

 

 

6.9 

 

 

Factory relocation costs

 

 

0.1 

 

 

0.6 

 

Other charges

 

$

12.3 

 

$

10.5 

 

$

21.5 

 

$

21.1 

 

 

Schedule of changes in the restructuring reserves

The following table sets forth the changes in the restructuring reserves for the nine months ended September 30, 2014 (in millions):

 

 

 

Total

 

Provisions
for Excess
Inventory

 

Severance

 

Exit Costs

 

Balance at December 31, 2013

 

$

11.5

 

$

2.0

 

$

8.4

 

$

1.1

 

Restructuring charges

 

29.3

 

12.1

 

11.3

 

5.9

 

Cash payments

 

(16.1

)

(0.1

)

(10.0

)

(6.0

)

Non-cash adjustments

 

(3.9

)

(2.2

)

(1.4

)

(0.3

)

Foreign currency effect

 

(0.8

)

(0.1

)

(0.6

)

(0.1

)

Balance at September 30, 2014

 

$

20.0

 

11.7

 

$

7.7

 

$

0.6