RESTRUCTURING AND RELATED CHARGES

The Company reports restructuring and related charges associated with manufacturing and related initiatives in Cost of goods sold. Restructuring and related charges reflected in Cost of goods sold include, but are not limited to, termination, compensation and related costs associated with manufacturing employees, asset impairments relating to manufacturing initiatives, and other costs directly related to the restructuring or integration initiatives implemented.

The Company reports restructuring and related charges relating to administrative functions in Operating expenses, such as initiatives impacting sales, marketing, distribution, or other non-manufacturing functions. Restructuring and related charges reflected in Operating expenses include, but are not limited to, termination and related costs, any asset impairments relating to the functional areas described above, and other costs directly related to the initiatives.

The following table summarizes restructuring and related charges incurred by segment for Fiscal 2013, Fiscal 2012 and Fiscal 2011:



	2013		2012		2011
Cost of goods sold:
Global Batteries & Appliances	$	1,143	$	5,094	$	756
Hardware & Home Improvement	6,246		—		—
Global Pet Supplies	2,595		4,741		7,085
Total restructuring and related charges in cost of goods sold	$	9,984	$	9,835	$	7,841
Operating expenses:
Global Batteries & Appliances	$	13,627	$	2,487	$	5,338
Global Pet Supplies	8,556		5,395		9,567
Home and Garden Business	598		912		2,704
Corporate	1,247		962		3,194
Total restructuring and related charges in operating expenses	$	24,028	$	9,756	$	20,803
Total restructuring and related charges	$	34,012	$	19,591	$	28,644

The following table summarizes restructuring and related charges incurred by type of charge:



	2013			2012		2011
Costs included in cost of goods sold:
Global Expense Rationalization initiatives:
Termination benefits	$	2		$	—	$	—
Other associated costs	—			—		—
Global Cost Reduction initiatives:
Termination benefits	228			2,941		1,679
Other associated costs	3,330			6,894		5,889
HHI Business and other restructuring initiatives:
Termination benefits	146			—		—
Other associated costs	6,278			—		273
Total included in cost of goods sold	$	9,984		$	9,835	$	7,841
Costs included in operating expenses:
Global Expense Rationalization initiatives:
Termination benefits	$	10,259		$	—	$	—
Other associated costs	1,056			—		—
Global Cost Reduction initiatives:
Termination benefits	6,351			3,079		10,155
Other associated costs	6,443			5,776		7,761
HHI Business and other restructuring initiatives:
Termination benefits	—			—		956
Other associated costs	(81		)	901		1,931
Total included in operating expenses	$	24,028		$	9,756	$	20,803
Total restructuring and related charges	$	34,012		$	19,591	$	28,644

Global Expense Rationalization Initiatives Summary

During the third quarter of the fiscal year ended September 30, 2013, the Company implemented a series of initiatives throughout the Company to reduce operating costs (the “Global Expense Rationalization Initiatives”). These initiatives consist of headcount reductions in the Global Batteries & Appliances segment and Corporate. Costs associated with these initiatives, which are expected to be incurred through September 30, 2015, are currently projected to total approximately $15,500.

The Company recorded $11,317 of pretax restructuring and related charges during Fiscal 2013, and no pretax restructuring and related charges during Fiscal 2012 and Fiscal 2011, related to the Global Expense Rationalization Initiatives.

The following table summarizes the remaining accrual balance associated with the Global Expense Rationalization Initiatives and the activity during Fiscal 2013:



	Termination Benefits			Other Costs			Total
Accrual balance at September 30, 2012	$	—		$	—		$	—
Provisions	8,997			(12		)	8,985
Cash expenditures	(2,060		)	(25		)	(2,085		)
Non-cash items	383			2			385
Accrual balance at September 30, 2013	$	7,320		$	(35	)	$	7,285
Expensed as incurred (A)	$	1,264		$	1,068		$	2,332

______________________________


(A)	Consists of amounts not impacting the accrual for restructuring and related charges.

The following table summarizes the expenses incurred during Fiscal 2013, the cumulative amount incurred to date and the total future expected costs to be incurred associated with the Global Expense Rationalization Initiatives by operating segment:



	Global Batteries & Appliances		Corporate		Total
Restructuring and related charges during Fiscal 2013	$	10,070	$	1,247	$	11,317
Restructuring and related charges since initiative inception	$	10,070	$	1,247	$	11,317
Total future restructuring and related charges expected	$	3,939	$	151	$	4,090

Global Cost Reduction Initiatives Summary

During the fiscal year ended September 30, 2009, the Company implemented a series of initiatives within the Global Batteries & Appliances segment, the Global Pet Supplies segment and the Home and Garden Business segment to reduce operating costs, and to evaluate opportunities to improve the Company’s capital structure (the “Global Cost Reduction Initiatives”). These initiatives included headcount reductions and the exit of certain facilities within each of the Company’s segments. These initiatives also included consultation, legal and accounting fees related to the evaluation of the Company’s capital structure. Costs associated with these initiatives, which are expected to be incurred through January 31, 2015, are projected to total approximately $102,400.

The Company recorded $16,352, $18,690 and $25,484 of pretax restructuring and related charges during Fiscal 2013, Fiscal 2012 and Fiscal 2011, respectively, related to the Global Cost Reduction Initiatives.

The following table summarizes the remaining accrual balance associated with the Global Cost Reduction Initiatives and the activity during Fiscal 2013:



	Termination Benefits			Other Costs			Total
Accrual balance at September 30, 2012	$	3,252		$	1,095		$	4,347
Provisions	5,276			525			5,801
Cash expenditures	(3,576		)	(1,235		)	(4,811		)
Non-cash items	(25		)	39			14
Accrual balance at September 30, 2013	$	4,927		$	424		$	5,351
Expensed as incurred ^(A)	$	1,303		$	9,248		$	10,551

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(A)	Consists of amounts not impacting the accrual for restructuring and related charges.



	Global Batteries & Appliances		Global Pet Supplies		Home and Garden Business		Corporate		Total
Restructuring and related charges during Fiscal 2013	$	4,604	$	11,150	$	598	$	—	$	16,352
Restructuring and related charges since initiative inception	$	25,413	$	48,149	$	18,219	$	7,591	$	99,372
Total future restructuring and related charges expected	$	500	$	2,500	$	—	$	—	$	3,000

The Company recorded $6,228 of restructuring and related charges during Fiscal 2013,and no restructuring and related charges during Fiscal 2012 and Fiscal 2011, related to initiatives implemented by the HHI Business prior to the Company's acquisition on December 17, 2012.

In connection with other restructuring efforts, the Company recorded $115, $901 and $3,160 during Fiscal 2013, Fiscal 2012 and Fiscal 2011, respectively.