XML 24 R13.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Restructuring Charges | 3 Months Ended
--- | ---
Mar. 31, 2018
Restructuring and Related Activities [Abstract] |
Restructuring Charges | Restructuring Charges During the three months ended March 31, 2018, we recorded restructuring charges, net of adjustments, of $5.3 million. International segment restructuring charges of $3.3 million during the three months ended March 31, 2018 were primarily related to severance costs for staff reductions associated with our ongoing initiatives to drive profitable growth in Europe. Corporate segment restructuring charges of $2.0 million during the three months ended March 31, 2018 related primarily to our ongoing review of the Company's legal structure to evaluate potential realignments to better facilitate the execution of our corporate strategy. During the three months ended March 31, 2017, we recorded restructuring charges, net of adjustments, of $12.7 million. Americas segment restructuring charges of $12.3 million during the three months ended March 31, 2017 related primarily to the voluntary retirement incentive package described below as well as severance from staff reductions in Brazil. International segment restructuring charges of $0.4 million during the three months ended March 31, 2017 were related to severance costs for staff reductions in Europe and Australia. In September 2016, certain employees in the Americas segment were offered a voluntary retirement incentive package (“VRIP”). The election window for participation closed on October 17, 2016. The employees were required to render service through January 31, 2017 to receive the VRIP and had until February 6, 2017 to revoke their election. None of the 83 employees who accepted the VRIP revoked their election to retire under the terms of the plan. Non-cash special termination benefit expense of $11.4 million as incurred in the first quarter of 2017 related to these elections. All benefits were paid from our over funded North America pension plan. Activity and reserve balances for restructuring charges by segment were as follows:
(In millions) | Americas |  | International |  | Corporate |  | Total
Reserve balances at December 31, 2016 | $ | 0.9 |  |  | $ | 2.8 |  |  | $ | 0.3 |  |  | $ | 4.0 |
Restructuring charges | 13.0 |  |  | 4.9 |  |  | — |  |  | 17.9 |
Adjustments to estimates on restructuring reserves | (0.2 | ) |  | (0.1 | ) |  | — |  |  | (0.3 | )
Cash payments / utilization | (13.2 | ) |  | (4.0 | ) |  | (0.3 | ) |  | (17.5 | )
Reserve balances at December 31, 2017 | $ | 0.5 |  |  | $ | 3.6 |  |  | $ | — |  |  | $ | 4.1 |
Restructuring charges | — |  |  | 3.3 |  |  | 2.0 |  |  | 5.3 |
Adjustments to estimates on restructuring reserves | — |  |  | — |  |  | — |  |  | — |
Cash payments | (0.1 | ) |  | (1.4 | ) |  | (2.0 | ) |  | (3.5 | )
Reserve balances at March 31, 2018 | $ | 0.4 |  |  | $ | 5.5 |  |  | $ | — |  |  | $ | 5.9 |

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 -URI http://asc.fasb.org/topic&trid=2175745 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration