Restructuring Activities

3 Months Ended

Jun. 30, 2017

Restructuring Activities [Abstract]

Restructuring Activities

Note 6: Restructuring Activities

The Company’s restructuring actions during the first quarter of fiscal 2018 and 2017 consisted primarily of targeted headcount reductions and plant consolidation activities in the Americas segment.

Restructuring and repositioning expenses were as follows:

	Three months ended June 30,
	2017		2016
Employee severance and related benefits	$	0.5	$	1.3
Other restructuring and repositioning expenses		1.2		1.0
Total	$	1.7	$	2.3

Other restructuring and repositioning expenses primarily consist of equipment transfer and plant consolidation costs.

The Company accrues severance in accordance with its written plans, procedures, and relevant statutory requirements. Changes in accrued severance were as follows:

	Three months ended June 30,
	2017			2016
Beginning balance	$	6.5		$	14.7
Additions		0.5			1.3
Payments		(3.3	)		(3.1	)
Effect of exchange rate changes		0.3			(0.2	)
Ending balance	$	4.0		$	12.7