XML 35 R29.htm IDEA: XBRL DOCUMENT v2.4.0.6
Restructuring Charges (Tables)
3 Months Ended
Jan. 31, 2013
Reconciliation of Beginning and Ending Restructuring Reserve Balances
 The following is a reconciliation of the beginning and ending restructuring reserve balances for the three month period ended January 31, 2013 (Dollars in millions):

 

                 Non-cash         
     Cash Charges     Charges         
     Employee                     
     Separation           Asset         
     Costs     Other Costs     Impairments      Total  

Balance at October 31, 2012

   $ 6.2      $ 1.8      $ —         $ 8.0   

Costs incurred and charged to expense

     0.7        0.5        0.1         1.3   

Costs paid or otherwise settled

     (1.7     (0.8     —           (2.5
  

 

 

   

 

 

   

 

 

    

 

 

 

Balance at January 31, 2013

   $ 5.2      $ 1.5      $ 0.1       $ 6.8   
  

 

 

   

 

 

   

 

 

    

 

 

 
Reconciliation of Total Amounts Expected to be Incurred from Open Restructuring Plans Anticipated to be Realized

The following is a reconciliation of the total amounts expected to be incurred from open restructuring plans which are anticipated to be realized in 2013 or plans that are being formulated and have not been announced as of the date of this Form 10-Q. Amounts expected to be incurred were $6.9 million and $12.3 million as of January 31, 2013 and October 31, 2012, respectively. The decrease was due to the implementation of no new plans during the period. (Dollars in millions):

 

            Amounts expensed during         
     Amounts Expected to be      the three month period      Amounts Remaining to be  
     Incurred      ended January 31, 2013      Incurred  

Rigid Industrial Packaging & Services

        

Employee separation costs

   $ 2.5       $ 0.7       $ 1.8   

Asset impairments

     0.1         0.1         —     

Other restructuring costs

     4.4         0.4         4.0   
  

 

 

    

 

 

    

 

 

 
     7.0         1.2         5.8   

Flexible Products & Services

        

Employee separation costs

     0.5         —           0.5   

Asset impairments

     —           —           —     

Other restructuring costs

     0.7         0.1         0.6   
  

 

 

    

 

 

    

 

 

 
     1.2         0.1         1.1   
  

 

 

    

 

 

    

 

 

 
   $ 8.2       $ 1.3       $ 6.9