XML 33 R10.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Restructuring and Related Costs | 3 Months Ended
--- | ---
Jan. 31, 2018
Restructuring and Related Activities [Abstract] |
Restructuring and Related Costs | RESTRUCTURING AND RELATED COSTS GCA Restructuring Following the acquisition of GCA, during the first quarter of 2018 we initiated a restructuring program to achieve cost synergies from our combined operations. We expect our GCA restructuring and related activities to be complete by the second half of 2018. 2020 Vision Restructuring During the fourth quarter of 2015, our Board of Directors approved a comprehensive strategy intended to have a positive transformative effect on ABM (the “2020 Vision”). As part of the 2020 Vision, we identified key priorities to differentiate ABM in the marketplace, accelerate revenue growth for certain industry groups, and improve our margin profile. We incurred additional expenses primarily related to external support fees during the first quarter of 2018 relating to this strategy. We do not expect to incur significant 2020 Vision restructuring and related expenses in the future, other than in connection with the continued consolidation of our real estate leases. Rollforward of Restructuring and Related Liabilities
(in millions) |  | Balance, October 31, 2017 |  | Costs Recognized(1) |  | Payments |  | Non-Cash Items |  | Balance, January 31, 2018
Employee severance |  | $ | 2.7 |  |  | $ | 8.7 |  |  | $ | (3.3 | ) |  | $ | — |  |  | $ | 8.1 |
External support fees |  | 2.5 |  |  | 4.0 |  |  | (2.5 | ) |  | — |  |  | 4.0 |
Lease exit |  | 2.8 |  |  | 0.5 |  |  | (0.3 | ) |  | 0.2 |  |  | 3.2 |
Other project fees |  | 0.4 |  |  | 1.0 |  |  | (0.6 | ) |  | — |  |  | 0.8 |
Total |  | $ | 8.4 |  |  | $ | 14.3 |  |  | $ | (6.7 | ) |  | $ | 0.2 |  |  | $ | 16.1 |
(1) We include these costs within corporate expenses. Cumulative Restructuring and Related Charges
(in millions) |  | External Support Fees |  | Employee Severance |  | Other Project Fees |  | Lease Exit Costs |  | Asset Impairment |  | Total
GCA |  | $ | 2.0 |  |  | $ | 10.5 |  |  | $ | 0.8 |  |  | $ | — |  |  | $ | — |  |  | $ | 13.3 |
2020 Vision |  | 30.0 |  |  | 13.7 |  |  | 10.6 |  |  | 6.3 |  |  | 4.7 |  |  | 65.1 |
Total |  | $ | 32.0 |  |  | $ | 24.2 |  |  | $ | 11.4 |  |  | $ | 6.3 |  |  | $ | 4.7 |  |  | $ | 78.4 |

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