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Restructuring and Other Charges, Net (Tables) | 9 Months Ended
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Oct. 02, 2016
Restructuring |
Summary of the pre-tax cost by restructuring program |
|  | Third Quarter Ended |  | Nine Months Ended |
|  | October 2, 2016 |  | September 27, 2015 |  | October 2, 2016 |  | September 27, 2015 |
|  | (in millions) |
Restructuring costs: |  |  |  |  |  |  |  |  |
2015 Actions |  | $ | 0.8 |  | $ | 5.0 |  | $ | 2.6 |  | $ | 10.3 |
2013 Actions |  | — |  | — |  | — |  | 0.5 |
Other Actions |  | 0.2 |  | 0.8 |  | 3.0 |  | 1.7 |
Total restructuring and other charges, net |  | $ | 1.0 |  | $ | 5.8 |  | $ | 5.6 |  | $ | 12.5 |
Summary of recorded pre-tax restructuring and other charges, net by business segment |
|  | Third Quarter Ended |  | Nine Months Ended |
|  | October 2, 2016 |  | September 27, 2015 |  | October 2, 2016 |  | September 27, 2015 |
|  | (in millions) |
Americas |  | $ | 0.8 |  | $ | 4.8 |  | $ | 2.4 |  | $ | 6.8 |
EMEA |  | 0.3 |  | 0.8 |  | 3.2 |  | 2.3 |
Asia-Pacific |  | — |  | 0.2 |  | 0.2 |  | 3.5 |
Corporate |  | (0.1 | ) | — |  | (0.2 | ) | (0.1 | )
Total |  | $ | 1.0 |  | $ | 5.8 |  | $ | 5.6 |  | $ | 12.5 |
Americas and Asia Pacific |
Restructuring |
Summary of total expected, incurred and remaining pre-tax restructuring costs |
|  | Severance |  | Legal and consultancy |  | Asset write-downs |  | Facility exit and other |  | Total |
|  | (in millions) |
Costs incurred—2015 |  | $ | 8.5 |  | $ | 0.7 |  | $ | 1.6 |  | $ | 2.8 |  | $ | 13.6 |
Costs incurred—first quarter 2016 |  | 0.2 |  | 0.2 |  | 0.2 |  | 0.4 |  | 1.0 |
Costs incurred—second quarter 2016 |  | 0.2 |  | — |  | 0.8 |  | (0.2 | ) | 0.8 |
Costs incurred—third quarter 2016 |  | (0.2 | ) | 0.1 |  | 0.8 |  | 0.1 |  | 0.8 |
Remaining costs to be incurred |  | 0.3 |  | 0.2 |  | 2.0 |  | 1.7 |  | 4.2 |
Total expected restructuring costs |  | $ | 9.0 |  | $ | 1.2 |  | $ | 5.4 |  | $ | 4.8 |  | $ | 20.4 |
2015 Actions | Americas and Asia Pacific |
Restructuring |
Summary of restructuring reserve activity | The following table summarizes total incurred, incurred to date and expected pre-tax restructuring costs by business segment for the Company’s Americas and Asia-Pacific 2015 transformation program:
|  | Third Quarter Ended |  | Nine Months Ended |  |  |  |  |  |  |
|  | October 2, 2016 |  | October 2, 2016 |  | Incurred to Date |  | Remaining costs |  | Total Expected Costs |
|  |  |  | (in millions) |  |  |  |  |  |  |
Asia-Pacific |  | $ | — |  | $ | 0.2 |  | $ | 4.4 |  | $ | — |  | $ | 4.4 |
Americas |  | 0.8 |  | 2.4 |  | 11.8 |  | 4.2 |  | 16.0 |
Total restructuring costs |  | $ | 0.8 |  | $ | 2.6 |  | $ | 16.2 |  | $ | 4.2 |  | $ | 20.4 |
Details of the restructuring reserve activity for the Company’s Americas and Asia-Pacific 2015 transformation program for the period ended October 2, 2016 are as follows:
|  | Severance |  | Legal and Consultancy |  | Asset write-downs |  | Facility exit and other |  | Total |
|  |  |  | (in millions) |
Balance at December 31, 2015 |  | $ | 5.0 |  | $ | 0.4 |  | $ | — |  | $ | 1.0 |  | $ | 6.4 |
Net pre-tax restructuring charges |  | 0.2 |  | 0.2 |  | 0.2 |  | 0.4 |  | 1.0 |
Utilization and foreign currency impact |  | (1.1 | ) | (0.6 | ) | (0.2 | ) | (0.4 | ) | (2.3 | )
Balance at April 3, 2016 |  | $ | 4.1 |  | $ | — |  | — |  | $ | 1.0 |  | $ | 5.1 |
Net pre-tax restructuring charges |  | 0.2 |  | — |  | 0.8 |  | (0.2 | ) | 0.8 |
Utilization and foreign currency impact |  | — |  | — |  | (0.8 | ) | (0.7 | ) | (1.5 | )
Balance at July 3, 2016 |  | $ | 4.3 |  | $ | — |  | — |  | $ | 0.1 |  | $ | 4.4 |
Net pre-tax restructuring charges |  | (0.2 | ) | 0.1 |  | 0.8 |  | 0.1 |  | 0.8 |
Utilization and foreign currency impact |  | — |  | (0.1 | ) | (0.8 | ) | (0.1 | ) | (1.0 | )
Balance at October 2, 2016 |  | $ | 4.1 |  | $ | — |  | $ | — |  | $ | 0.1 |  | $ | 4.2 |
2015 Actions | EMEA |
Restructuring |
Summary of total expected, incurred and remaining pre-tax restructuring costs |
|  | Severance |  | Legal and consultancy |  | Facility exit and other |  | Total |
|  | (in millions) |
Costs incurred—2015 |  | $ | 6.6 |  | $ | — |  | $ | 0.3 |  | $ | 6.9 |
Costs incurred—first quarter 2016 |  | 0.1 |  | — |  | — |  | 0.1 |
Costs incurred—second quarter 2016 |  | 1.3 |  | 0.2 |  | — |  | 1.5 |
Costs incurred—third quarter 2016 |  | 0.1 |  | 0.1 |  | — |  | 0.2 |
Remaining costs to be incurred |  | 0.4 |  | 0.9 |  | — |  | 1.3 |
Total expected restructuring costs |  | $ | 8.5 |  | $ | 1.2 |  | $ | 0.3 |  | $ | 10.0 |
Summary of restructuring reserve activity |
|  | Severance |  | Legal and consultancy |  | Asset write-downs |  | Facility exit and other |  | Total |
|  | (in millions) |
Balance at December 31, 2015 |  | $ | 6.4 |  | $ | — |  | $ | — |  | $ | — |  | $ | 6.4 |
Net pre-tax restructuring charges |  | 0.1 |  | — |  | — |  | — |  | 0.1 |
Utilization and foreign currency impact |  | (0.2 | ) | — |  | — |  | — |  | (0.2 | )
Balance at April 3, 2016 |  | $ | 6.3 |  | $ | — |  | $ | — |  | $ | — |  | $ | 6.3 |
Net pre-tax restructuring charges |  | 1.3 |  | 0.2 |  | — |  | — |  | 1.5 |
Utilization and foreign currency impact |  | (0.8 | ) | (0.2 | ) | — |  | — |  | (1.0 | )
Balance at July 3, 2016 |  | $ | 6.8 |  | $ | — |  | $ | — |  | $ | — |  | $ | 6.8 |
Net pre-tax restructuring charges |  | 0.1 |  | 0.1 |  | — |  | — |  | 0.2 |
Utilization and foreign currency impact |  | (0.8 | ) | (0.1 | ) | — |  | — |  | (0.9 | )
Balance at October 2, 2016 |  | $ | 6.1 |  | $ | — |  | $ | — |  | $ | — |  | $ | 6.1 |
2014 Actions | EMEA |
Restructuring |
Summary of total expected, incurred and remaining pre-tax restructuring costs |
|  | Severance |  | Legal and consultancy |  | Asset write-downs |  | Facility exit and other |  | Total |
|  | (in millions) |
Costs incurred—2014 |  | $ | 6.9 |  | $ | — |  | $ | — |  | $ | — |  | $ | 6.9 |
Costs incurred—2015 |  | (1.0 | ) | 0.2 |  | 0.3 |  | — |  | (0.5 | )
Costs incurred—first quarter 2016 |  | 0.2 |  | — |  | 0.1 |  | — |  | 0.3 |
Costs incurred—second quarter 2016 |  | — |  | — |  | 0.1 |  | — |  | 0.1 |
Costs incurred—third quarter 2016 |  | — |  | — |  | 0.1 |  | — |  | 0.1 |
Remaining costs to be incurred |  | 0.6 |  | — |  | 0.4 |  | 0.1 |  | 1.1 |
Total expected restructuring costs |  | $ | 6.7 |  | $ | 0.2 |  | $ | 1.0 |  | $ | 0.1 |  | $ | 8.0 |
Summary of restructuring reserve activity |
|  | Severance |  | Legal and consultancy |  | Asset write-downs |  | Total |
|  | (in millions) |
Balance at December 31, 2015 |  | $ | 2.6 |  | $ | — |  | $ | — |  | $ | 2.6 |
Net pre-tax restructuring charges |  | 0.2 |  |  |  | 0.1 |  | 0.3 |
Utilization and foreign currency impact |  | (0.9 | ) |  |  | (0.1 | ) | (1.0 | )
Balance at April 3, 2016 |  | $ | 1.9 |  | $ | — |  | $ | — |  | $ | 1.9 |
Net pre-tax restructuring charges |  | — |  | — |  | 0.1 |  | 0.1 |
Utilization and foreign currency impact |  | (0.7 | ) | — |  | (0.1 | ) | (0.8 | )
Balance at July 3, 2016 |  | $ | 1.2 |  | $ | — |  | $ | — |  | $ | 1.2 |
Net pre-tax restructuring charges |  | — |  | — |  | 0.1 |  | 0.1 |
Utilization and foreign currency impact |  | (0.1 | ) | — |  | (0.1 | ) | (0.2 | )
Balance at October 2, 2016 |  | $ | 1.1 |  | $ | — |  | $ | — |  | $ | 1.1 |

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