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Restructuring, integration and other expenses | 3 Months Ended
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Sep. 27, 2014
Restructuring and Related Activities [Abstract] |
Restructuring, integration and other expenses | Restructuring, integration and other expenses Fiscal 2015 During the first quarter of fiscal 2015, the Company took certain actions in an effort to reduce future operating costs including activities necessary to achieve planned synergies from recently acquired businesses. In addition, the Company incurred integration and other costs primarily associated with the integration of recent acquisitions and certain global and regional businesses. The following table presents the restructuring, integration and other expenses recorded during the first quarter of fiscal 2015:
| Quarter Ended September 27, 2014
| (Thousands, except per share data)
Restructuring expenses | $ | 10,773 |
Integration costs | 6,266 |
Other costs including acquisition costs | 1,649 |
Changes in estimates for prior restructuring liabilities | (368 | )
Restructuring, integration and other expenses before tax | $ | 18,320 |
Restructuring, integration and other expenses after tax | $ | 13,160 |
Restructuring, integration and other expenses per share on a diluted basis | $ | 0.09 |
The activity related to the restructuring liabilities established during fiscal 2015 is presented in the following table:
| Severance |  | Facility Exit Costs and Asset Impairments |  | Other |  | Total
| (Thousands)
Fiscal 2015 restructuring expenses | $ | 4,066 |  |  | $ | 6,079 |  |  | $ | 628 |  |  | $ | 10,773 |
Cash payments | (1,941 | ) |  | (810 | ) |  | — |  |  | (2,751 | )
Non-cash amounts | — |  |  | (1,794 | ) |  | (628 | ) |  | (2,422 | )
Other, principally foreign currency translation | (38 | ) |  | (20 | ) |  | — |  |  | (58 | )
Balance at September 27, 2014 | $ | 2,087 |  |  | $ | 3,455 |  |  | $ | — |  |  | $ | 5,542 |
Severance expense recorded in the first quarter of fiscal 2015 related to the reduction of over 100 employees, primarily in operations, sales and business support functions, in connection with cost reduction actions taken in both operating groups, including additional reductions in recently acquired businesses. Facility exit costs primarily consist of liabilities for remaining lease obligations and the impairment of long-lived assets for locations and information technology hardware and software the Company has divested of or has ceased using. Other restructuring costs related primarily to other miscellaneous restructuring and exit costs. Of the $10.8 million in restructuring expenses recorded during the first quarter of fiscal 2015, $6.8 million related to EM, $4.0 million related to TS. As of September 27, 2014, management expects the majority of the remaining severance, facility exit costs and other liabilities to be paid by the end of fiscal 2015. Integration costs are primarily related to the integration of acquired businesses, integration of global or regional businesses and specific and incremental costs incurred as part of the consolidation, relocation and closure of warehouse and office facilities. Integration costs also include consulting costs for information technology system and business operation integration assistance, legal fees, travel, meeting, marketing and communication costs that are incrementally incurred as a result of such integration activities. Also included in integration costs are incremental salary costs specific to integration, consolidation and closure activities. Other costs consist primarily of professional fees incurred for acquisitions, additional costs incurred for businesses divested or exited in current or prior periods, any ongoing facilities operating costs associated with the consolidation, relocation and closure of facilities once such facilities have been vacated or substantially vacated, and other miscellaneous costs that relate to restructuring, integration and other expenses. Integration and other costs in the first quarter of fiscal 2015 were comprised of many different costs, none of which were individually material. Fiscal 2014 During fiscal 2014, the Company incurred restructuring expenses related to various restructuring actions intended to achieve planned synergies from recently acquired businesses and to reduce future operating costs. The following table presents the activity during the first three months of fiscal 2015 related to the remaining restructuring liabilities established during fiscal 2014:
| Severance |  | Facility Exit Costs and Asset Impairments |  | Other |  | Total
| (Thousands)
Balance at June 28, 2014 | $ | 23,744 |  |  | $ | 3,697 |  |  | $ | 344 |  |  | $ | 27,785 |
Cash payments | (10,424 | ) |  | (599 | ) |  | (1 | ) |  | (11,024 | )
Changes in estimates, net | (508 | ) |  | 140 |  |  | — |  |  | (368 | )
Non-cash amounts | (92 | ) |  | (824 | ) |  | — |  |  | (916 | )
Other, principally foreign currency translation | (322 | ) |  | (110 | ) |  | — |  |  | (432 | )
Balance at September 27, 2014 | $ | 12,398 |  |  | $ | 2,304 |  |  | $ | 343 |  |  | $ | 15,045 |
As of September 27, 2014, management expects the majority of the remaining severance, facility exit costs and other liabilities to be paid by the end of fiscal 2015. Fiscal 2013 and prior As of June 29, 2014, there were $13.1 million of restructuring liabilities remaining related to restructuring actions taken in fiscal years 2013 and prior, the majority of which relates to facility exit costs. The remaining balance for such historical restructuring actions as of September 27, 2014 was $9.8 million, which is expected to be paid by the end of fiscal 2016.

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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 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section P -Subsection 3, 4 Reference 3: 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 4: 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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