Restructuring

November 2015 restructuring program

In the fourth quarter of 2015, the Company committed to a strategic roadmap focused on growth and optimization of the portfolio, developing leading cost and efficiency positions, growth through innovation and cultivation of a high-performance culture. In 2017, the Company approved additional expenditures to further expand, strengthen and accelerate the Company's program targeting operational effectiveness and efficiencies. As of March 30, 2018 the total remaining costs are not material and the remaining restructuring liability at March 30, 2018 is not material.

Total costs incurred to date by reportable segment are below (in millions):



	North America		Europe		Latin America		Total
Costs incurred 2017 - Cost of sales	$	1.8	$	0.4	$	0.3	$	2.5
Costs incurred 2017 - SG&A	10.1		1.2		—		11.3
Total costs incurred, March 31, 2017	$	11.9	$	1.6	$	0.3	$	13.8
Costs incurred 2018 - Cost of sales	$	0.4	$	—	$	—	$	0.4
Costs incurred 2018 - SG&A	—		—		—		—
Total costs incurred, March 30, 2018	$	0.4	$	—	$	—	$	0.4
Total aggregate costs to date	$	80.7	$	21.6	$	5.5	$	107.8

Employee Separation Costs

The Company did not record employee separation costs for the three fiscal months ended March 30, 2018. The Company recorded employee separation costs of $2.5 million for the three fiscal months ended March 31, 2017. The employee separation charges for the three fiscal months ended March 31, 2017 were $0.9 million in North America and $1.6 million in Europe.

Employee separation costs include severance and retention bonuses. As of March 30, 2018, cumulative employee separation costs included severance charges for approximately 480 employees; approximately 360 of these employees were classified as manufacturing employees and approximately 120 of these employees were classified as non-manufacturing employees. The charges relate to involuntary separations based on current salary levels and past service periods and are either considered one-time employee termination benefits in accordance with ASC 420 - Exit or Disposal Cost Obligations ("ASC 420") or charges for contractual termination benefits under ASC 712 - Compensation - Nonretirement Postemployment Benefits ("ASC 712").

Other Costs

The Company recorded other restructuring-type charges of $0.4 million in North America for the three fiscal months ended March 30, 2018. The Company recorded other restructuring-type charges of $11.3 million for the three fiscal months ended March 31, 2017. The other restructuring-type charges were $11.0 million in North America and $0.3 million in Latin America for the three fiscal months ended March 31, 2017.

Other restructuring-type charges are incurred as a direct result of the restructuring program. These restructuring-type charges primarily include project management costs, such as consulting fees related to the supply chain redesign and the cost to change internal systems and processes to support the underlying organizational changes, as well as working capital write-downs not associated with normal operations, equipment relocation, termination of contracts and other immaterial costs.

July 2014 restructuring program

In the third quarter of 2014, the Company announced a comprehensive restructuring program. As of March 30, 2018, this program is substantially complete and future estimated costs are expected to be immaterial. The restructuring program was focused on the closure of certain underperforming assets as well as the consolidation and realignment of other facilities. The Company also implemented initiatives to reduce SG&A expenses globally. Total aggregate costs incurred as part of the program were approximately $220 million and the remaining restructuring liability at March 30, 2018 is not material. Total costs incurred were immaterial for the three fiscal months ended March 30, 2018 and March 31, 2017.