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Restructuring (Tables) | 12 Months Ended
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May 31, 2022
Restructuring and Related Activities [Abstract] |
Summary of Charges Recorded in Connection with Restructuring by Reportable Segment | A summary of the charges recorded in connection with restructuring by reportable segment during is as follows:
|  | Year Ended |  | Year Ended |  | Year Ended |  | Cumulative Costs |  | Total Expected |
(In thousands) |  | May 31, 2022 |  | May 31, 2021 |  | May 31, 2020 |  | to Date |  | Costs |
CPG Segment: |  |  |  |  |  |  |  |  |  |  |
Severance and benefit costs (credits) (a) |  | $ | (163 | ) | $ | 3,194 |  | $ | 6,866 |  | $ | 21,125 |  | $ | 21,125 |
Facility closure and other related costs |  |  | 1,810 |  |  | 2,103 |  |  | 1,508 |  |  | 8,390 |  |  | 8,606 |
Other asset write-offs |  |  | 4 |  |  | 38 |  |  | 352 |  |  | 1,982 |  |  | 1,982 |
Total Charges |  | $ | 1,651 |  | $ | 5,335 |  | $ | 8,726 |  | $ | 31,497 |  | $ | 31,713 |
PCG Segment: |  |  |  |  |  |  |  |  |  |  |
Severance and benefit costs (b) |  | $ | 324 |  | $ | 2,974 |  | $ | 6,973 |  | $ | 16,683 |  | $ | 17,252 |
Facility closure and other related costs |  |  | 823 |  |  | 1,282 |  |  | 1,873 |  |  | 7,452 |  |  | 7,997 |
Other asset write-offs |  |  | - |  |  | 316 |  |  | 248 |  |  | 917 |  |  | 917 |
Total Charges |  | $ | 1,147 |  | $ | 4,572 |  | $ | 9,094 |  | $ | 25,052 |  | $ | 26,166 |
Consumer Segment: |  |  |  |  |  |  |  |  |  |  |
Severance and benefit costs (c) |  | $ | - |  | $ | 1,840 |  | $ | 3,089 |  | $ | 12,307 |  | $ | 12,307 |
Facility closure and other related costs |  |  | 1,038 |  |  | 3,147 |  |  | 2,245 |  |  | 13,119 |  |  | 13,119 |
Other asset write-offs |  |  | - |  |  | 301 |  |  | 4,094 |  |  | 4,420 |  |  | 4,420 |
Total Charges |  | $ | 1,038 |  | $ | 5,288 |  | $ | 9,428 |  | $ | 29,846 |  | $ | 29,846 |
SPG Segment: |  |  |  |  |  |  |  |  |  |  |
Severance and benefit costs (d) |  | $ | 249 |  | $ | 1,197 |  | $ | 1,592 |  | $ | 8,376 |  | $ | 9,289 |
Facility closure and other related costs |  |  | 679 |  |  | 1,424 |  |  | 2,922 |  |  | 6,269 |  |  | 6,487 |
Other asset write-offs |  |  | (1 | ) |  | 99 |  |  | 119 |  |  | 1,220 |  |  | 1,220 |
Total Charges |  | $ | 927 |  | $ | 2,720 |  | $ | 4,633 |  | $ | 15,865 |  | $ | 16,996 |
Corporate/Other Segment: |  |  |  |  |  |  |  |  |  |  |
Severance and benefit costs (e) |  | $ | 1,513 |  | $ | 191 |  | $ | 1,227 |  | $ | 15,051 |  | $ | 15,051 |
Total Charges |  | $ | 1,513 |  | $ | 191 |  | $ | 1,227 |  | $ | 15,051 |  | $ | 15,051 |
Consolidated: |  |  |  |  |  |  |  |  |  |  |
Severance and benefit costs |  | $ | 1,923 |  | $ | 9,396 |  | $ | 19,747 |  | $ | 73,542 |  | $ | 75,024 |
Facility closure and other related costs |  |  | 4,350 |  |  | 7,956 |  |  | 8,548 |  |  | 35,230 |  |  | 36,209 |
Other asset write-offs |  |  | 3 |  |  | 754 |  |  | 4,813 |  |  | 8,539 |  |  | 8,539 |
Total Charges |  | $ | 6,276 |  | $ | 18,106 |  | $ | 33,108 |  | $ | 117,311 |  | $ | 119,772 |
a) Severance and benefit recoveries are associated with the adjustment of previously estimated severance accruals partially offset by the elimination of 16 p ositions during fiscal 2022. Severance and benefit costs are associated with the elimination of 34 positions and 112 positions during fiscal 2021 and 2020, respectively. b) Severance and benefit costs are associated with the elimination of 7 positions, 71 positions and 161 positions during fiscal 2022, 2021 and 2020, respectively. c) Severance and benefit costs are associated with the elimination of 29 positions and 92 positions during fiscal 2021 and 2020, respectively. d) Severance and benefit costs are associated with the elimination of 18 positions and 35 positions and 94 positions during fiscal 2022, 2021 and 2020, respectively. e) Severance and benefit costs are associated with the elimination of one position and two positions during fiscal 2022 and 2020, respectively.
Summary of Activity in Restructuring Reserves | A summary of the activity in the restructuring reserves related to our 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 June 1, 2020 | $ | 7,357 |  | $ | 5,880 |  | $ | - |  | $ | 13,237 |
Additions charged to expense |  | 9,396 |  |  | 7,956 |  |  | 754 |  |  | 18,106 |
Cash payments charged against reserve |  | (12,413 | ) |  | (8,268 | ) |  | (335 | ) |  | (21,016 | )
Non-cash charges and other adjustments |  | 90 |  |  | (4,278 | ) |  | (419 | ) |  | (4,607 | )
Balance at May 31, 2021 | $ | 4,430 |  | $ | 1,290 |  | $ | - |  | $ | 5,720 |
Additions charged to expense |  | 1,923 |  |  | 4,350 |  |  | 3 |  |  | 6,276 |
Cash payments charged against reserve |  | (4,779 | ) |  | (4,013 | ) |  | - |  |  | (8,792 | )
Non-cash charges and other adjustments |  | (784 | ) |  | (625 | ) |  | (3 | ) |  | (1,412 | )
Balance at May 31, 2022 | $ | 790 |  | $ | 1,002 |  | $ | - |  | $ | 1,792 |

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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 https://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 https://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 https://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 https://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 https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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