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Restructuring (Tables) | 6 Months Ended
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Nov. 30, 2019
Restructuring And Related Activities [Abstract] |
Summary of Charges Recorded in Connection with Restructuring by Reportable Segment | Following is a summary of the charges recorded in connection with restructuring by reportable segment:
|  | Three Months Ended |  |  | Six Months Ended |  |  | Cumulative Costs |  |  | Total Expected |
(in thousands) |  | November 30, 2019 |  |  | November 30, 2019 |  |  | to Date |  |  | Costs |
Construction Products Group (“CPG”) Segment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Severance and benefit costs (a) |  | $ | 1,447 |  |  | $ | 1,607 |  |  | $ | 12,836 |  |  | $ | 22,146 |
Facility closure and other related costs |  |  | 110 |  |  |  | 798 |  |  |  | 3,767 |  |  |  | 4,597 |
Other asset write-offs |  |  | 39 |  |  |  | 39 |  |  |  | 1,629 |  |  |  | 2,151 |
Total Charges |  | $ | 1,596 |  |  | $ | 2,444 |  |  | $ | 18,232 |  |  | $ | 28,894 |
Performance Coatings Group (“PCG”) Segment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Severance and benefit costs (b) |  | $ | 431 |  |  | $ | 2,931 |  |  | $ | 9,344 |  |  | $ | 14,765 |
Facility closure and other related costs |  |  | 636 |  |  |  | 745 |  |  |  | 4,219 |  |  |  | 6,638 |
Other asset write-offs |  |  | 172 |  |  |  | 172 |  |  |  | 523 |  |  |  | 528 |
Total Charges |  | $ | 1,239 |  |  | $ | 3,848 |  |  | $ | 14,086 |  |  | $ | 21,931 |
Consumer Group (“Consumer”) Segment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Severance and benefit costs (c) |  | $ | 780 |  |  | $ | 1,547 |  |  | $ | 8,925 |  |  | $ | 12,424 |
Facility closure and other related costs |  |  | 344 |  |  |  | 860 |  |  |  | 7,552 |  |  |  | 9,352 |
Other asset write-offs |  |  | - |  |  |  | - |  |  |  | 25 |  |  |  | 25 |
Total Charges |  | $ | 1,124 |  |  | $ | 2,407 |  |  | $ | 16,502 |  |  | $ | 21,801 |
Specialty Products Group (“Specialty”) Segment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Severance and benefit costs (d) |  | $ | 48 |  |  | $ | 414 |  |  | $ | 5,750 |  |  | $ | 10,640 |
Facility closure and other related costs |  |  | 731 |  |  |  | 2,190 |  |  |  | 3,434 |  |  |  | 6,697 |
Other asset write-offs |  |  | 40 |  |  |  | 104 |  |  |  | 1,107 |  |  |  | 1,334 |
Total Charges |  | $ | 819 |  |  | $ | 2,708 |  |  | $ | 10,291 |  |  | $ | 18,671 |
Corporate/Other Segment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Severance and benefit costs |  | $ | 23 |  |  | $ | 16 |  |  | $ | 12,136 |  |  | $ | 12,136 |
Total Charges |  | $ | 23 |  |  | $ | 16 |  |  | $ | 12,136 |  |  | $ | 12,136 |
Consolidated: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Severance and benefit costs |  | $ | 2,729 |  |  | $ | 6,515 |  |  | $ | 48,991 |  |  | $ | 72,111 |
Facility closure and other related costs |  |  | 1,821 |  |  |  | 4,593 |  |  |  | 18,972 |  |  |  | 27,284 |
Other asset write-offs |  |  | 251 |  |  |  | 315 |  |  |  | 3,284 |  |  |  | 4,038 |
Total Charges |  | $ | 4,801 |  |  | $ | 11,423 |  |  | $ | 71,247 |  |  | $ | 103,433 |
(a) | Severance and benefit costs are associated with the elimination of 25 positions and 46 positions during the three and six months ended November 30, 2019, respectively.
(b) | Severance and benefit costs are associated with the elimination of 18 positions and 69 positions during the three and six months ended November 30, 2019, respectively.
(c) | Severance and benefit costs are associated with the elimination of 9 positions and 11 positions during the three and six months ended November 30, 2019, respectively.
(d) | Severance and benefit costs are associated with the elimination of 49 positions and 59 positions during the three and six months ended November 30, 2019, respectively.
|  | Three Months Ended |  |  | Six Months Ended |
(in thousands) |  | November 30, 2018 |  |  | November 30, 2018 |
Construction Products Group (“CPG”) Segment: |  |  |  |  |  |  |  |
Severance and benefit costs (e) |  | $ | 3,574 |  |  | $ | 5,993 |
Facility closure and other related costs |  |  | 384 |  |  |  | 397 |
Other asset write-offs |  |  | 3 |  |  |  | 368 |
Total Charges |  | $ | 3,961 |  |  | $ | 6,758 |
Performance Coatings Group (“PCG”) Segment: |  |  |  |  |  |  |  |
Severance and benefit costs (f) |  | $ | 364 |  |  | $ | 4,769 |
Facility closure and other related costs |  |  | 483 |  |  |  | 906 |
Other asset write-offs |  |  | 146 |  |  |  | 359 |
Total Charges |  | $ | 993 |  |  | $ | 6,034 |
Consumer Group (“Consumer”) Segment: |  |  |  |  |  |  |  |
Severance and benefit costs (g) |  | $ | 76 |  |  | $ | 1,095 |
Facility closure and other related costs |  |  | 105 |  |  |  | 105 |
Other asset write-offs |  |  | - |  |  |  | - |
Total Charges |  | $ | 181 |  |  | $ | 1,200 |
Specialty Products Group (“Specialty”) Segment: |  |  |  |  |  |  |  |
Severance and benefit costs (h) |  | $ | 1,458 |  |  | $ | 3,678 |
Facility closure and other related costs |  |  | 65 |  |  |  | 65 |
Other asset write-offs |  |  | 5 |  |  |  | 5 |
Total Charges |  | $ | 1,528 |  |  | $ | 3,748 |
Corporate/Other Segment: |  |  |  |  |  |  |  |
Severance and benefit costs (i) |  | $ | 1,061 |  |  | $ | 10,060 |
Total Charges |  | $ | 1,061 |  |  | $ | 10,060 |
Consolidated: |  |  |  |  |  |  |  |
Severance and benefit costs |  | $ | 6,533 |  |  | $ | 25,595 |
Facility closure and other related costs |  |  | 1,037 |  |  |  | 1,473 |
Other asset write-offs |  |  | 154 |  |  |  | 732 |
Total Charges |  | $ | 7,724 |  |  | $ | 27,800 |
(e) | Severance and benefit costs are associated with the elimination of 37 positions and 68 positions during the three and six months ended November 30, 2018, respectively. Additionally, $0.2 million included in the charges incurred during the six months ended November 30, 2018 are associated with the prior elimination of one position within the legal function during fiscal 2018.
(f) | Severance and benefit costs are associated with the elimination of 17 positions and 102 positions during the three and six months ended November 30, 2018, respectively.
(g) | Severance and benefit costs are associated with the elimination of 9 positions during the six months ended November 30, 2018.
(h) | Severance and benefit costs are associated with the elimination of 95 positions and 120 positions during the three and six months ended November 30, 2018, respectively.
(i) | Reflects charges related to the severance of two corporate executives, as well as accelerated vesting of equity awards for two corporate executives, four Specialty segment executives and three CPG segment executives in connection with the aforementioned restructuring activities.
Summary of Activity in Restructuring Reserves | A summary of the activity in the restructuring reserves related to our 2020 MAP to Growth is as follows:
(in thousands) |  | Severance and Benefits Costs |  |  | Facility Closure and Other Related Costs |  |  | Other Asset Write-Offs |  |  | Total |
Balance at August 31, 2019 |  | $ | 2,946 |  |  | $ | 9,430 |  |  | $ | - |  |  | $ | 12,376 |
Additions charged to expense |  |  | 2,729 |  |  |  | 1,821 |  |  |  | 251 |  |  |  | 4,801 |
Cash payments charged against reserve |  |  | (2,109 | ) |  |  | (5,016 | ) |  |  | - |  |  |  | (7,125 | )
Non-cash charges included above (j) |  |  | - |  |  |  | (155 | ) |  |  | (251 | ) |  |  | (406 | )
Balance at November 30, 2019 |  | $ | 3,566 |  |  | $ | 6,080 |  |  | $ | - |  |  | $ | 9,646 |
(in thousands) |  | Severance and Benefits Costs |  |  | Facility Closure and Other Related Costs |  |  | Other Asset Write-Offs |  |  | Total |
Balance at June 1, 2019 |  | $ | 4,837 |  |  | $ | 7,857 |  |  | $ | - |  |  |  | 12,694 |
Additions charged to expense |  |  | 6,515 |  |  |  | 4,593 |  |  |  | 315 |  |  |  | 11,423 |
Cash payments charged against reserve |  |  | (7,786 | ) |  |  | (5,350 | ) |  |  | - |  |  |  | (13,136 | )
Non-cash charges included above (j) |  |  | - |  |  |  | (1,020 | ) |  |  | (315 | ) |  |  | (1,335 | )
Balance at November 30, 2019 |  | $ | 3,566 |  |  | $ | 6,080 |  |  | $ | - |  |  | $ | 9,646 |
(in thousands) |  | Severance and Benefits Costs |  |  | Facility Closure and Other Related Costs |  |  | Other Asset Write-Offs |  |  | Total |
Balance at August 31, 2018 |  | $ | 10,960 |  |  | $ | 5,364 |  |  | $ | - |  |  | $ | 16,324 |
Additions charged to expense |  |  | 6,533 |  |  |  | 1,037 |  |  |  | 154 |  |  |  | 7,724 |
Cash payments charged against reserve |  |  | (6,013 | ) |  |  | (1,330 | ) |  |  | - |  |  |  | (7,343 | )
Non-cash charges included above (j) |  |  | (1,053 | ) |  |  | (2,536 | ) |  |  | (154 | ) |  |  | (3,743 | )
Balance at November 30, 2018 |  | $ | 10,427 |  |  | $ | 2,535 |  |  | $ | - |  |  | $ | 12,962 |
(in thousands) |  | Severance and Benefits Costs |  |  | Facility Closure and Other Related Costs |  |  | Other Asset Write-Offs |  |  | Total |
Balance at June 1, 2018 |  | $ | 9,957 |  |  | $ | 6,184 |  |  | $ | 1,373 |  |  | $ | 17,514 |
Additions charged to expense |  |  | 25,595 |  |  |  | 1,473 |  |  |  | 732 |  |  |  | 27,800 |
Cash payments charged against reserve |  |  | (18,588 | ) |  |  | (1,748 | ) |  |  | - |  |  |  | (20,336 | )
Non-cash charges included above (j) |  |  | (6,537 | ) |  |  | (3,374 | ) |  |  | (2,105 | ) |  |  | (12,016 | )
Balance at November 30, 2018 |  | $ | 10,427 |  |  | $ | 2,535 |  |  | $ | - |  |  | $ | 12,962 |
(j) | Non-cash charges primarily include accelerated vesting of equity awards and asset-write offs.

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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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