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Note 3 - Restructuring Actions
 12 Months Ended
Dec. 01, 2018
Notes to Financial Statements  
Restructuring and Related Activities Disclosure [Text Block]
Note
3
:
Restructuring Actions
 
The Company has approved restructuring plans consisting of consolidation plans, organizational changes and other actions related to the integration of the operations of Royal Adhesives with the operations of the Company and other actions to optimize operations during the year ended
December 1, 2018
and
December 2, 2017.
The following table summarizes the pre-tax distribution of charges under these restructuring plans by income statement classification:
 
   
December 1, 2018
    
December 2, 2017
  
Cost of sales
  
$
5,699
     $
9,764
  
Selling, general and administrative
  
 
3,182
      
8,267
  
   
$
8,881
     $
18,031
  
 
The following table summarizes the pre-tax impact of restructuring charges by segment:
 
   
December 1, 2018
    
December 2, 2017
  
Americas Adhesives
  
$
1,601
     $
2,178
  
EIMEA
  
 
2,842
      
7,214
  
Asia Pacific
  
 
10
      
1,996
  
Construction Adhesives
  
 
3,706
      
5,895
  
Engineering Adhesives
  
 
722
      
748
  
   
$
8,881
     $
18,031
  
 
A summary of the restructuring liability 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
  
Expense incurred
  
 
6,223
      
2,353
      
305
      
8,881
  
Non-cash charges
  
 
-
      
(1,666
 )    
-
      
(1,666
 )
Cash payments
  
 
(3,395
)
    
(687
 )    
(325
 )    
(4,407
 )
Foreign currency translation
  
 
(58
)
    
-
      
-
      
(58
 )
Balance at end December 1, 2018
  
$
4,256
    
$
-
    
$
-
    
$
4,256
  
 
 
Non-cash charges for the year ended
December 1, 2018
and
December 2, 2017
include accelerated depreciation resulting from the cessation of use of certain long-lived assets and the recording of provisions 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.