Note

Restructuring Actions

2017

Restructuring Plan

During the

first

quarter of

2017,

we approved a restructuring plan (the “

2017

Restructuring Plan”) related to organizational changes and other actions to optimize operations. During the year ended

December 2, 2017,

we recorded a pre-tax charge of

$18,031

related to the implementation of the

2017

Restructuring Plan.

The following table summarizes

the pre-tax distribution of restructuring charges by income statement classification:

	December 2, 2017
Cost of sales	$	9,764
Selling, general and administrative		8,267
	$	18,031

The following table summarizes the pre-tax impact of restructuring charges by segment:

	December 2, 2017
Americas Adhesives	$	2,178
EIMEA		7,214
Asia Pacific		1,996
Construction Products		5,895
Engineering Adhesives		748
	$	18,031

A summary of the restructuring liability during the

twelve

months ended

December 2, 2017

is presented below:

	Employee-
	Related			Asset-Related			Other			Total
Balance at December 3, 2016	$	-		$	-		$	-		$	-
Expense incurred		10,266			5,394			2,371			18,031
Non-cash charges		-			(4,291	)		-			(4,291	)
Cash payments		(9,210	)		(1,103	)		(2,351	)		(12,664	)
Foreign currency translation		430			-			-			430
Balance at end December 2,2017	$	1,486		$	-		$	20		$	1,506

Non-cash charges include accelerated depreciation resulting from the cessation of use of certain long-lived assets and the recording of a provision related to the discontinuance of certain retail and wholesale products. Restructuring liabilities have been classified as a component of other

accrued expenses on the Consolidated Balance Sheets.

Business Integration Project

The integration of the industrial adhesives business we acquired in

March 2012

involved a significant amount of restructuring and capital investment to optimize the new combined entity. In addition, we took a series of actions in our existing EIMEA operating segment to improve the profitability and future growth prospects of this operating segment. We combined these

two

initiatives into a single project which we refer to as the “Business Integration Project.”

During the years ended

December 3, 2016

and

November 28, 2015,

we incurred special charges, net of $(

0.2

) million and

$4.7

million, respectively, r

elated to transformation, workforce reduction, facility exit and other related costs for the Business Integration Project, which are included in special charges, net in the Consolidated Statements of Income. The Business Integration Project was substantially complete at the end of

2016.