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Severance and Restructuring Costs | 9 Months Ended
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Jul. 31, 2016
Restructuring And Related Activities [Abstract] |
Severance and Restructuring Costs |
3. | Severance and restructuring costs
During the second half of 2015, we implemented initiatives across each of our segments to optimize operations and to enhance operational efficiency and customer service. During the three and nine-months ended July 31, 2016, costs of $1,714 and $4,364 were recognized related to these initiatives, respectively, which consisted primarily of severance costs. Within the Adhesives Dispensing Systems segment, restructuring initiatives to optimize operations in the U.S. and Belgium resulted in costs of $759 and $2,230 during the three and nine-months ended July 31, 2016, respectively. Payments of $7,565 related to these actions were paid during 2016. Within the Advanced Technology Systems segment, a restructuring initiative to enhance operational efficiency and customer service resulted in costs of $680 during the nine-months ended July 31, 2016. No costs were recorded during the three months ended July 31, 2016. Payments of $3,029 related to these actions were paid during 2016. Within the Industrial Coating Systems segment, a restructuring program to enhance operational efficiency and customer service resulted in severance costs of $955 and $1,454 during the three and nine-months ended July 31, 2016, respectively. Payments of $908 related to these actions were paid during 2016. Total costs for these actions to-date have been $15,775, which include $11,857 of severance costs, $759 of fixed asset impairment charges, $1,383 of lease termination costs and $1,776 of other one-time restructuring costs. Additional costs related to these initiatives are not expected to be material in future periods. The remainder of the cash payments related to these initiatives are expected to be paid during the fourth quarter of 2016. All severance and restructuring costs are included in selling and administrative expenses in the Consolidated Statements of Income. The following table summarizes severance and restructuring activity during 2016 related to actions initiated in 2015:
|  | Fixed asset |  |  | Employee |  |  | Lease |  |  | Other |  |  |  |  |
|  | impairment |  |  | severance |  |  | termination |  |  | one-time |  |  |  |  |
|  | charges |  |  | charges |  |  | charges |  |  | costs |  |  | Total |
Accrual Balance at October 31, 2015 |  | $ | — |  |  | $ | 7,908 |  |  | $ | 1,322 |  |  | $ | 244 |  |  | $ | 9,474 |
Charged to expense |  |  | 205 |  |  |  | 2,828 |  |  |  | 61 |  |  |  | 1,270 |  |  |  | 4,364 |
Cash payments |  |  | — |  |  |  | (9,090 | ) |  |  | (1,226 | ) |  |  | (1,186 | ) |  |  | (11,502 | )
Non cash utilization |  |  | (205 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (205 | )
Accrual Balance at July 31, 2016 |  | $ | — |  |  | $ | 1,646 |  |  | $ | 157 |  |  | $ | 328 |  |  | $ | 2,131 |

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- 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 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/presentationRef -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=27011515&loc=d3e140864-122747 Reference 3: http://www.xbrl.org/2003/role/presentationRef -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 + Details
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