XML 51 R38.htm IDEA: XBRL DOCUMENT v3.10.0.1
Other Charges, Net (Tables)
6 Months Ended
Jun. 30, 2018
Other Charges, Net  
Components of other charges, net

 

The components of other charges, net were as follows (in millions):

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2018

 

2017

 

2018

 

2017

 

Information technology transformation costs

 

$

0.9

 

$

0.9

 

$

2.4

 

$

2.1

 

Restructuring charges

 

0.6

 

2.4

 

3.9

 

3.9

 

Acquisition-related charges

 

0.1

 

2.9

 

1.1

 

3.3

 

Other

 

0.6

 

0.2

 

2.6

 

0.2

 

 

 

 

 

 

 

 

 

 

 

Other charges, net

 

$

2.2

 

$

6.4

 

$

10.0

 

$

9.5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of restructuring expenses

 

The charges for the three and six month periods ended June 30, 2017 related primarily to the previously reported and completed 2016 and 2015 restructuring plans.

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2018

 

2017

 

2018

 

2017

 

Cost of revenues

 

$

0.1

 

$

1.4

 

$

0.3

 

$

 

Other charges, net

 

0.6

 

2.4

 

3.9

 

3.9

 

 

 

 

 

 

 

 

 

 

 

 

 

$

0.7

 

$

3.8

 

$

4.2

 

$

3.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of changes in the restructuring reserves

 

The following table sets forth the changes in restructuring reserves for the six months ended June 30, 2018 (in millions):

 

 

 

Total

 

Severance

 

Exit Costs

 

Provisions
for Excess
Inventory

 

Balance at December 31, 2017

 

$

10.8

 

$

2.0

 

$

2.1

 

$

6.7

 

Restructuring charges

 

4.2

 

2.1

 

2.1

 

 

Cash payments

 

(6.4

)

(3.7

)

(2.7

)

 

Other, non-cash adjustments and foreign currency effect

 

(2.4

)

0.3

 

(0.5

)

(2.2

)

 

 

 

 

 

 

 

 

 

 

Balance at June 30, 2018

 

$

6.2

 

$

0.7

 

$

1.0

 

$

4.5