Restructuring Charges

6 Months Ended

Apr. 30, 2015

Restructuring and Related Activities [Abstract]

In connection with the globalization of its organizational structure and core processes, as well as its cost reduction efforts, the Company developed and approved a multi-year profit improvement plan in 2013 ("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 new 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 condensed 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, October 31, 2013	$	12,159		$	6,939		$	19,098
Charged to expense	19,350			15,295			34,645
Cash payments	(19,999		)	(9,943		)	(29,942		)
Balance, October 31, 2014	$	11,510		$	12,291		$	23,801
Charged to expense	6,435			5,057			11,492
Cash payments	(7,507		)	(4,076		)	(11,583		)
Adjustments	—			(1,986		)	(1,986		)
Balance, April 30, 2015	$	10,438		$	11,286		$	21,724

Amounts charged to expense during the six months ended April 30, 2015 were primarily composed of severance charges for employees, as well as early lease exit costs. The majority of these charges were within the Americas, EMEA and Corporate Operations segments. In the first quarter of fiscal 2015, the Company recorded an adjustment to its facility and other restructuring liabilities upon completion of a sub-lease agreement within the Americas segment at more favorable terms than originally expected.

In addition to the restructuring charges noted above, the Company also recorded $2 million of additional expenses within SG&A during the first six months of fiscal 2014, related to certain non-core brands and peripheral product categories that have been discontinued, which are not reflected in the table above.

- 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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