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Restructuring | 9 Months Ended
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Apr. 30, 2015
Restructuring and Related Activities [Abstract] |
Restructuring | Restructuring In fiscal 2014, the Company announced a restructuring plan to consolidate facilities in the Americas, Europe and Asia to enhance customer service, improve efficiency of operations and reduce operating expenses. Facility consolidation activities extended into fiscal 2015. In connection with this plan, the Company incurred restructuring charges of $4,834 and $13,991 during the three and nine months ended April 30, 2015, respectively. The three month restructuring charges of $4,834 consisted of $446 of employee separation costs, $2,645 of fixed asset write-offs, $818 of facility closure related costs, and $925 of contract termination costs. Of the $4,834 of restructuring charges, $3,536 was incurred within IDS and $1,298 within WPS. The restructuring charges of $13,991 for the nine months ended April 30, 2015 consisted of $4,939 of employee separation costs, $3,545 of fixed asset write-offs, $3,844 of facility closure related costs, and $1,663 of contract termination costs. Of the $13,991 of restructuring charges, $9,845 was incurred within IDS and $4,146 within WPS. In fiscal 2013, the Company implemented a restructuring plan to reduce its global workforce to address its cost structure. The Company incurred restructuring charges of $3,039 and $14,202 during the three and nine months ended April 30, 2014. The three month restructuring charges related to the fiscal 2014 facility consolidation plan and consisted of $1,782 of employee separation costs, $170 of fixed asset write-offs, $771 of facility closure related costs, and $316 of contract termination costs. Of the $3,039 of restructuring charges, $1,161 was incurred within IDS and $1,878 within WPS. The restructuring charges of $14,202 for the nine months ended April 30, 2014 related to the fiscal 2013 and fiscal 2014 restructuring plans and consisted of $9,547 of employee separation costs, $267 of fixed asset write-offs, $3,454 of facility closure related costs, and $934 of contract termination costs. Of the $14,202 of restructuring charges, $7,595 was incurred within IDS and $6,607 within WPS. The charges for employee separation costs consisted of severance pay, outplacement services, medical and other benefits. The costs related to these restructuring activities were recorded on the Condensed Consolidated Statements of Earnings as restructuring charges. The Company expects the majority of the remaining cash payments to be made during the next twelve months. A reconciliation of the Company’s restructuring liability for the nine months ended April 30, 2015 is as follows:
| Employee Related |  | Asset Write-offs |  | Other |  | Total
Beginning balance, July 31, 2014 | $ | 3,389 |  |  | $ | — |  |  | $ | 1,606 |  |  | $ | 4,995 |
Restructuring charges in continuing operations | 4,939 |  |  | 3,545 |  |  | 5,507 |  |  | 13,991 |
Restructuring charges in discontinued operations | — |  |  | (4 | ) |  | 245 |  |  | 241 |
Non-cash write-offs | — |  |  | (3,541 | ) |  | — |  |  | (3,541 | )
Cash payments | (6,244 | ) |  | — |  |  | (5,274 | ) |  | (11,518 | )
Ending balance, April 30, 2015 | $ | 2,084 |  |  | $ | — |  |  | $ | 2,084 |  |  | $ | 4,168 |
A reconciliation of the Company’s restructuring liability for the nine months ended April 30, 2014 is as follows:
| Employee Related |  | Asset Write-offs |  | Other |  | Total
Beginning balance, July 31, 2013 | $ | 11,475 |  |  | $ | — |  |  | $ | 2,731 |  |  | $ | 14,206 |
Restructuring charges in continuing operations | 9,547 |  |  | 267 |  |  | 4,388 |  |  | 14,202 |
Restructuring charges in discontinued operations | 250 |  |  | — |  |  | — |  |  | 250 |
Non-cash write-offs | — |  |  | (267 | ) |  | — |  |  | (267 | )
Cash payments | (16,178 | ) |  | — |  |  | (5,136 | ) |  | (21,314 | )
Ending balance, April 30, 2014 | $ | 5,094 |  |  | $ | — |  |  | $ | 1,983 |  |  | $ | 7,077 |

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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 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 4: 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 + Details
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