Restructuring Charges

3 Months Ended

Jan. 31, 2014

Restructuring And Related Activities [Abstract]

9.	Restructuring Charges

In connection with the globalization of its organizational structure and core processes, as well as its overall cost reduction efforts, the Company formulated the Fiscal 2013 Profit Improvement Plan (the “2013 Plan”). The 2013 Plan covers the global operations of the Company, and as the Company continues to evaluate its structure, processes and costs, additional charges may be incurred in the future under the 2013 Plan that are not yet determined. The 2013 Plan is, in many respects, a continuation and acceleration of the Company’s Fiscal 2011 Cost Reduction Plan (the “2011 Plan”). The Company will no longer incur any charges under the 2011 Plan, but will continue to make cash payments on amounts previously accrued under the 2011 Plan. Amounts charged to expense under the 2013 Plan and 2011 Plan were primarily recorded in SG&A with a small portion recorded in cost of goods sold (“COGS”), in the Company’s consolidated statements of operations.

Activity and liability balances recorded as part of the 2013 Plan and 2011 Plan were as follows:


In thousands	Workforce			Facility & Other			Total
Balance, November 1, 2012	$	5,335		$	6,856		$	12,191
Charged to expense		22,671			5,838			28,509
Cash payments		(15,847	)		(5,163	)		(21,010	)
Adjustments		—			(592	)		(592	)

Balance, October 31, 2013	$	12,159		$	6,939		$	19,098
Charged to expense		2,553			570			3,123
Cash payments		(5,925	)		(514	)		(6,439	)

Balance, January 31, 2014	$	8,787		$	6,995		$	15,782

Of the amounts charged to expense during the first quarter of fiscal 2014, the majority related to severance charges within the Americas segment.

In addition to the restructuring charges noted above, the Company also recorded approximately $2 million of additional expenses within SG&A during the first quarter of fiscal 2014 related to certain non-core brands that have been discontinued, which are not reflected in the table above. Additionally, the Company recorded severance charges of approximately $3 million within SG&A during the first quarter of fiscal 2013 which were unrelated to the 2013 Plan or the 2011 Plan.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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