Restructuring and Asset Impairment (Tables)

9 Months Ended

Oct. 02, 2016

Restructuring and Related Activities [Abstract]

Total Restructuring and Asset Impairment Charges Net

Following are the total restructuring and asset impairment charges/(credits), net of adjustments, and gains on dispositions recognized by the Company during the periods presented: 

	2016						2015
	Third Quarter			Nine Months			Third Quarter			Nine Months
Restructuring/Asset impairment:
2016 Actions	$	3,389		$	29,434		$	—		$	—
2015 Actions	2,852			9,127			7,125			15,033
2014 and Earlier Actions	89			275			361			2,539
Other asset impairments	2,617			2,617			12,065			12,065
Restructuring/Asset impairment charges	$	8,947		$	41,453		$	19,551		$	29,637
Income tax benefit	$	(2,097	)	(10,442		)	$	(1,574	)	(16,850		)
Costs attributable to noncontrolling interests, net of tax	(34		)	(78		)	(5		)	(75		)
Total impact of restructuring/asset impairment charges, net of tax	$	6,816		$	30,933		$	17,972		$	12,712

Actions and Related Expenses by Segment and by Type Incurred and Estimated for Given Years

Below is a summary of expenses/(income) incurred by segment for 2014 and Earlier Actions for the three- and nine- month periods ended October 2, 2016 and September 27, 2015. 

	2016				2015
2014 & Earlier Actions	Third Quarter		Nine Months		Third Quarter			Nine Months
Consumer Packaging	$	—	$	—	$	47		$	926
Display and Packaging	—		—		(9		)	(27		)
Paper and Industrial Converted Products	71		123		25			1,059
Protective Solutions	18		152		298			581
Total Charges and Adjustments	$	89	$	275	$	361		$	2,539

Below is a summary of 2015 Actions and related expenses by segment and by type incurred and estimated to be incurred through completion.

	2016						2015						Total Incurred to Date			Estimated Total Cost
2015 Actions	Third Quarter			Nine Months			Third Quarter			Nine Months
Severance and Termination Benefits
Consumer Packaging	$	642		$	3,476		$	2,997		$	7,465		$	18,523		$	18,673
Display and Packaging	34			126			576			780			1,241			1,241
Paper and Industrial Converted Products	49			209			2,300			7,362			8,688			8,688
Protective Solutions	—			—			39			39			39			39
Corporate	(13		)	(13		)	210			2,409			2,762			2,762
Asset Impairment / Disposal of Assets
Consumer Packaging	$	(268	)	1,506			(53		)	(4,883		)	(2,797		)	(2,797		)
Display and Packaging	—			335			194			211			809			809
Paper and Industrial Converted Products	587			587			230			451			10,785			10,785
Other Costs
Consumer Packaging	$	1,705		2,234			441			936			3,634			4,384
Display and Packaging	79			219			89			89			569			619
Paper and Industrial Converted Products	37			448			102			163			699			749
Corporate	—			—			—			11			11			11
Total Charges and Adjustments	$	2,852		$	9,127		$	7,125		$	15,033		$	44,963		$	45,963

Below is a summary of 2016 Actions and related expenses by segment and by type incurred and estimated to be incurred through completion. 

2016 Actions	Third Quarter 2016		Total Incurred to Date			Estimated Total Cost
Severance and Termination Benefits
Consumer Packaging	$	766	$	2,218		$	2,468
Display and Packaging	372		3,025			3,525
Paper and Industrial Converted Products	1,187		$	5,328		5,528
Protective Solutions	109		469			469
Corporate	3		1,442			1,442
Asset Impairment / Disposal of Assets
Consumer Packaging	—		(306		)	(306		)
Display and Packaging	475		2,712			2,712
Paper and Industrial Converted Products	—		13,279			13,279
Other Costs
Consumer Packaging	12		314			664
Display and Packaging	37		48			98
Paper and Industrial Converted Products	428		905			1,155
Total Charges and Adjustments	$	3,389	$	29,434		$	31,034

Restructuring Accrual Activity for Given Years

The following table sets forth the activity in the 2016 Actions restructuring accrual included in “Accrued expenses and other” on the Company’s Condensed Consolidated Balance Sheets: 

2016 Actions	Severance and Termination Benefits			Asset Impairment/ Disposal of Assets			Other Costs			Total
Accrual Activity 2016 Year to Date
Liability at December 31, 2015	$	—		$	—		$	—		$	—
2016 charges	12,482			15,685			1,267			29,434
Cash payments	(8,733		)	(7,322		)	(1,179		)	(17,234		)
Asset write downs/disposals	—			(8,363		)	—			(8,363		)
Foreign currency translation	(2		)	—			(2		)	(4		)
Liability at October 2, 2016	$	3,747		$	—		$	86		$	3,833

The following table sets forth the activity in the 2015 Actions restructuring accrual included in “Accrued expenses and other” on the Company’s Condensed Consolidated Balance Sheets:

2015 Actions	Severance and Termination Benefits			Asset Impairment/ Disposal of Assets			Other Costs			Total
Accrual Activity 2016 Year to Date
Liability at December 31, 2015	$	15,376		$	—		$	—		$	15,376
2016 charges	3,890			3,031			3,064			9,985
Adjustments	(92		)	(603		)	(163		)	(858		)
Cash receipts/(payments)	(13,848		)	603			(2,750		)	(15,995		)
Asset write downs/disposals	—			(3,031		)	—			(3,031		)
Foreign currency translation	(32		)	—			5			(27		)
Liability at October 2, 2016	$	5,294		$	—		$	156		$	5,450