RESTRUCTURING CHARGES

9 Months Ended

Jul. 31, 2019

Restructuring and Related Activities [Abstract]

The following is a reconciliation of the beginning and ending restructuring reserve balances for the nine months ended July 31, 2019:



(in millions)	Employee Separation Costs			Other Costs			Total
Balance at October 31, 2018	$	4.2		$	0.2		$	4.4
Costs incurred and charged to expense	18.7			1.6			20.3
Costs paid or otherwise settled	(12.2		)	(1.1		)	(13.3		)
Balance at July 31, 2019	$	10.7		$	0.7		$	11.4

The focus for restructuring activities in 2019 is to optimize and integrate operations in the Paper Packaging & Services segment related to the Caraustar Acquisition and continue to rationalize operations and close underperforming assets in the Rigid Industrial Packaging & Services and the Flexible Products & Services segments.

During the three months ended July 31, 2019, the Company recorded restructuring charges of $9.1 million, as compared to $3.7 million of restructuring charges recorded during the three months ended July 31, 2018. The restructuring activity for the three months ended July 31, 2019 consisted of $8.2 million in employee separation costs and $0.9 million in other restructuring costs.

During the nine months ended July 31, 2019, the Company recorded restructuring charges of $20.3 million, as compared to $13.8 million of restructuring charges recorded during the nine months ended July 31, 2018. The restructuring activity for the nine months ended July 31, 2019 consisted of $18.7 million in employee separation costs and $1.6 million in other restructuring costs.

The following is a reconciliation of the total amounts expected to be incurred from approved restructuring plans or plans that are being formulated and have not been announced as of the date of this Form 10-Q. Remaining amounts expected to be incurred are $18.1 million as of July 31, 2019 compared to $12.0 million as of October 31, 2018. The change was due to the costs incurred or otherwise settled, offset by the formulations of new plans during the period.



(in millions)	Total Amounts Expected to be Incurred		Amounts Incurred During the nine months ended July 31, 2019		Amounts Remaining to be Incurred
Rigid Industrial Packaging & Services
Employee separation costs	$	25.8	$	13.6	$	12.2
Other restructuring costs	6.5		1.4		5.1
	32.3		15.0		17.3
Flexible Products & Services
Employee separation costs	0.7		—		0.7
Other restructuring costs	0.1		—		0.1
	0.8		—		0.8
Paper Packaging & Services
Employee separation costs	5.0		5.0		—
Other restructuring costs	0.2		0.2		—
	5.2		5.2		—
Land Management
Employee separation costs	0.1		0.1		—
	0.1		0.1		—
	$	38.4	$	20.3	$	18.1