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Restructuring (Notes) | 12 Months Ended
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Dec. 28, 2019
Restructuring and Related Activities [Abstract] |
Restructuring and Related Activities Disclosure [Text Block] | Commercial Foodservice Equipment Group: During the fiscal years 2019 and 2018, the company undertook cost reduction initiatives related to the entire Commercial Foodservice Equipment Group. These actions resulted in a charge of $6.4 million and $3.5 million in the twelve months ended December 28, 2019 and December 29, 2018, respectively, primarily for severance related to headcount reductions and facility consolidations. These expenses are reflected in restructuring expenses in the Consolidated Statements of Earnings. The company estimates that these restructuring initiatives will result in future cost savings of approximately $10.0 million to $15.0 million annually, beginning in fiscal 2020. At December 28, 2019, the restructuring obligations accrued for these initiatives are immaterial and will be substantially complete by first quarter of fiscal year 2020. Residential Kitchen Equipment Group: Since the 2015 acquisition of the AGA Group, the company undertook various acquisition integration initiatives including organizational restructuring, headcount reductions and consolidation and disposition of certain facilities and business operations, including the impairment of equipment and facilities. Most recently during 2018, the company undertook additional restructuring efforts related to Grange, a non-core business within the AGA Group, and elected to cease its operations. This process was largely completed in the fourth quarter of 2018. During fiscal 2019, the initiatives within the AGA Group were primarily related to headcount reductions. The company recorded expense of $2.3 million, $15.1 million and $11.9 million, respectively in the years ended December 28, 2019, December 29, 2018 and December 30, 2017, respectively. Additionally within the Residential Kitchen Equipment Group, the company incurred restructuring costs, primarily for severance related to headcount reductions and facility consolidations. The company recorded expense of $1.7 million and $1.2 million, respectively in the years ended December 28, 2019 and December 30, 2017, respectively. These expenses are reflected in restructuring expenses in the Consolidated Statements of Earnings. The cumulative expenses incurred to date for these initiatives is approximately $59.7 million. The primary realization of the cost savings began in 2017 and 2018 related to compensation and facility costs of approximately $20.0 million annually. The company estimates the 2019 restructuring initiatives will result in future cost savings of approximately $3.0 million annually. The restructuring obligations accrued for these initiatives are immaterial and will be paid by the end of fiscal of 2020. The costs and corresponding reserve balances for the Residential Kitchen Equipment Group are summarized as follows (in thousands):
|  | Severance/Benefits |  | Facilities/Operations |  | Other |  | Total
Balance as of December 31, 2016 |  | $ | 5,145 |  |  | $ | 2,032 |  |  | $ | 69 |  |  | $ | 7,246 |
Expenses |  | 8,662 |  |  | 3,872 |  |  | 601 |  |  | 13,135 |
Exchange Effect |  | 533 |  |  | 358 |  |  | 11 |  |  | 902 |
Payments |  | (10,642 | ) |  | (4,795 | ) |  | (524 | ) |  | (15,961 | )
Balance as of December 30, 2017 |  | $ | 3,698 |  |  | $ | 1,467 |  |  | $ | 157 |  |  | $ | 5,322 |
Expenses |  | 6,367 |  |  | 3,771 |  |  | 5,001 |  |  | 15,139 |
Exchange Effect |  | (49 | ) |  | (11 | ) |  | 23 |  |  | (37 | )
Payments/Utilization |  | (9,150 | ) |  | (5,171 | ) |  | (4,394 | ) |  | (18,715 | )
Balance as of December 29, 2018 |  | $ | 866 |  |  | $ | 56 |  |  | $ | 787 |  |  | $ | 1,709 |
Expenses |  | 3,766 |  |  | 684 |  |  | (476 | ) |  | 3,974 |
Exchange Effect |  | 24 |  |  | (7 | ) |  | (55 | ) |  | (38 | )
Payments/Utilization |  | (3,990 | ) |  | (632 | ) |  | (256 | ) |  | (4,878 | )
Balance as of December 28, 2019 |  | $ | 666 |  |  | $ | 101 |  |  | $ | — |  |  | $ | 767 |

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- References No definition available. + Details
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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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