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RESTRUCTURING CHARGES (Tables)
6 Months Ended
Apr. 30, 2014
Restructuring And Related Activities [Abstract]  
Reconciliation of Beginning and Ending Restructuring Reserve Balances

The following is a reconciliation of the beginning and ending restructuring reserve balances for the six month period ended April 30, 2014 (Dollars in millions):

 

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

Balance at October 31, 2013

   $ 1.8      $ 1.2      $ —        $ 3.0   

Costs incurred and charged to expense

     5.1        1.2        0.2        6.5   

Costs paid or otherwise settled

     (2.2     (1.1     (0.2     (3.5
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at April 30, 2014

   $ 4.7      $ 1.3      $ —        $ 6.0   
  

 

 

   

 

 

   

 

 

   

 

 

 
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 or plans that are being formulated and have not been announced as of the date of this Form 10-Q. Remaining amounts expected to be incurred were $6.9 million and $6.6 million as of April 30, 2014 and October 31, 2013, respectively. The increase was due to the formulation of new plans during the period offset by the realization of expenses from plans formulated in prior periods. (Dollars in millions):

 

    Amounts
Expected to be
Incurred
    Amounts expensed
during
the six month

period
ended April 30,
2014
    Amounts
Remaining to be
Incurred
 

Rigid Industrial Packaging & Services

     

Employee separation costs

  $ 6.8      $ 3.0      $ 3.8   

Asset impairments

    0.2        0.2        —     

Other restructuring costs

    1.4        0.1        1.3   
 

 

 

   

 

 

   

 

 

 
    8.4        3.3        5.1   

Flexible Products & Services

     

Employee separation costs

    2.5        2.1        0.4   

Asset impairments

    —          —          —     

Other restructuring costs

    2.5        1.1        1.4   
 

 

 

   

 

 

   

 

 

 
    5.0        3.2        1.8   
 

 

 

   

 

 

   

 

 

 
  $ 13.4      $ 6.5      $ 6.9