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Special Charges | 6 Months Ended
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Feb. 28, 2021
Restructuring and Related Activities [Abstract] |
Special Charges | Special Charges During the first six months of fiscal 2021, we recognized pre-tax special charges of $1.0 million, which consisted of charges for relocation costs and adjustments related to severance costs associated with the previously announced transfer of activities from planned facility closures. We expect these actions to streamline our business activities, integrate recent acquisitions, and respond to reduced demand due to the COVID-19 pandemic, and that they will allow us to reduce spending in certain areas while permitting continued investment in future growth initiatives, such as new products, expanded market presence, and technology and innovation. Further details regarding our special charges are included within the Special Charges footnote of the Notes to Consolidated Financial Statements within our Form 10-K. The following table summarizes costs reflected within Special charges on the Consolidated Statements of Comprehensive Income for the periods presented (in millions):
| Three Months Ended |  | Six Months Ended
| February 28, 2021 |  | February 29, 2020 |  | February 28, 2021 |  | February 29, 2020
Severance and employee-related costs | $ | (0.4) |  |  | $ | 0.6 |  |  | $ | (0.1) |  |  | $ | 5.7 |
Relocation and other restructuring costs | 0.7 |  |  | 1.0 |  |  | 1.1 |  |  | 2.8 |
Total special charges | $ | 0.3 |  |  | $ | 1.6 |  |  | $ | 1.0 |  |  | $ | 8.5 |
As of February 28, 2021, remaining restructuring reserves were $1.2 million and are included in Accrued compensation on the Consolidated Balance Sheets. The changes in the reserves related to these programs during the period presented are summarized as follows (in millions):
| Fiscal 2020 Actions |  |  |  |  |  |
Balance at August 31, 2020 | $ | 3.0 |  |  |  |  |  |  |
Severance and employee-related costs | (0.1) |  |  |  |  |  |  |
Payments made during the period | (1.7) |  |  |  |  |  |  |
Balance at February 28, 2021 | $ | 1.2 |  |  |  |  |  |  |

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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