XML 30 R18.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Restructuring and Related Charges | 9 Months Ended
--- | ---
May 31, 2018
Restructuring and Related Activities [Abstract] |
Restructuring and Related Charges | Restructuring and Related Charges Following is a summary of the Company’s restructuring and related charges (in thousands):
| Three months ended |  | Nine months ended
| May 31, 2018 |  | May 31, 2017 |  | May 31, 2018 |  | May 31, 2017
Employee severance and benefit costs | $ | 5,058 |  |  | $ | 18,171 |  |  | $ | 11,048 |  |  | $ | 46,654 |
Lease costs | 1,589 |  |  | 1,151 |  |  | 1,596 |  |  | 5,600 |
Asset write-off costs | 5,575 |  |  | 11,838 |  |  | 14,838 |  |  | 58,613 |
Other related costs | 425 |  |  | 1,540 |  |  | 1,980 |  |  | 2,662 |
Total restructuring and related charges(1)(2) | $ | 12,647 |  |  | $ | 32,700 |  |  | $ | 29,462 |  |  | $ | 113,529 |
(1) | Includes $4.6 million and $12.4 million recorded in the EMS segment, $5.8 million and $17.8 million recorded in the DMS segment and $2.2 million and $2.5 million of non-allocated charges for the three months ended May 31, 2018 and 2017, respectively. Includes $12.6 million and $23.8 million recorded in the EMS segment, $13.8 million and $65.8 million recorded to the DMS segment and $3.1 million and $23.9 million of non-allocated charges for the nine months ended May 31, 2018 and 2017, respectively. Except for asset write-off costs, all restructuring and related charges are cash costs.
(2) | Primarily relates to the 2017 Restructuring Plan.
2017 Restructuring Plan On September 15, 2016, the Company’s Board of Directors formally approved a restructuring plan to better align the Company’s global capacity and administrative support infrastructure to further optimize organizational effectiveness. This action includes headcount reductions across the Company’s selling, general and administrative cost base and capacity realignment in higher cost locations (the “2017 Restructuring Plan”). Upon completion of the 2017 Restructuring Plan, the Company expects to recognize approximately $195.0 million in restructuring and other related costs. The Company has incurred $180.2 million in costs-to-date as of May 31, 2018. The remaining costs for employee severance and benefit costs, asset write-off costs and other related costs are anticipated to be incurred through the first half of fiscal year 2019. The tables below summarize the Company’s liability activity, primarily associated with the 2017 Restructuring Plan (in thousands):
| Employee Severance and Benefit Costs |  | Lease Costs |  | Asset Write-off Costs |  | Other Related Costs |  | Total
Balance as of August 31, 2017 | $ | 33,580 |  |  | $ | 1,665 |  |  | $ | — |  |  | $ | 3,143 |  |  | $ | 38,388 |
Restructuring related charges | 11,048 |  |  | 1,596 |  |  | 14,838 |  |  | 1,980 |  |  | 29,462 |
Asset write-off charge and other non-cash activity | (56 | ) |  | 525 |  |  | (14,838 | ) |  | 18 |  |  | (14,351 | )
Cash payments | (25,512 | ) |  | (437 | ) |  | — |  |  | (3,272 | ) |  | (29,221 | )
Balance as of May 31, 2018 | $ | 19,060 |  |  | $ | 3,349 |  |  | $ | — |  |  | $ | 1,869 |  |  | $ | 24,278 |

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration