XML 87 R11.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Restructuring and Related Costs | 12 Months Ended
--- | ---
Oct. 31, 2019
Restructuring and Related Activities [Abstract] |
Restructuring and Related Costs | RESTRUCTURING AND RELATED COSTS
We may periodically engage in various restructuring activities intended to drive long-term profitable growth and increase operational efficiency, which can include streamlining and realigning our overall organizational structure and reallocating resources. These activities may result in restructuring costs related to employee severance, other project fees, external support fees, lease exit costs, and asset impairment charges. Recently, our significant restructuring activities have been primarily associated with integrating our acquisition of GCA and implementing our 2020 Vision initiative, as described below. GCA and Other Restructuring During the first quarter of 2018, we initiated a restructuring program to achieve cost synergies following the acquisition of GCA. We incurred the majority of our severance expense associated with this restructuring program in the first half of 2018. During 2019, our restructuring activities primarily related to the continued integration of GCA and other initiatives, including standardizing our financial systems and streamlining our operations by migrating and upgrading several key management platforms, such as our human resources information systems, enterprise resource planning system, and labor management system. We also continue consolidating our real estate leases. Severance and other expenses associated with our Healthcare reorganization during 2019 were immaterial. We expect to incur additional restructuring charges, primarily related to some of our technology initiatives and other project fees, as we continue to consolidate our operational and financial processes. 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 do not expect to incur significant 2020 Vision restructuring and related expenses in the future. Rollforward of Restructuring and Related Liabilities
(in millions) |  | External Support Fees |  | Employee Severance |  | Other Project Fees |  | Lease Exit Costs |  | Asset Impairment |  | Total
Balance, October 31, 2014 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Costs recognized(1) |  | 4.6 |  |  | 4.7 |  |  | 0.8 |  |  | — |  |  | 2.6 |  |  | 12.7 |
Payments |  | (2.5 | ) |  | (0.4 | ) |  | (0.4 | ) |  | — |  |  | — |  |  | (3.3 | )
Non-cash items |  | — |  |  | — |  |  | (0.2 | ) |  | — |  |  | (2.6 | ) |  | (2.8 | )
Balance, October 31, 2015 |  | $ | 2.1 |  |  | $ | 4.3 |  |  | $ | 0.2 |  |  | $ | — |  |  | $ | — |  |  | $ | 6.6 |
Costs recognized(1) |  | 11.3 |  |  | 8.6 |  |  | 3.9 |  |  | 3.2 |  |  | 2.1 |  |  | 29.0 |
Payments |  | (12.2 | ) |  | (9.1 | ) |  | (3.6 | ) |  | (0.3 | ) |  | — |  |  | (25.2 | )
Non-cash items |  | — |  |  | — |  |  | — |  |  | (0.4 | ) |  | (2.1 | ) |  | (2.5 | )
Balance, October 31, 2016 |  | $ | 1.2 |  |  | $ | 3.8 |  |  | $ | 0.5 |  |  | $ | 2.5 |  |  | $ | — |  |  | $ | 8.0 |
Costs recognized(1) |  | 12.1 |  |  | 2.2 |  |  | 5.7 |  |  | 2.6 |  |  | — |  |  | 22.6 |
Payments |  | (10.8 | ) |  | (3.3 | ) |  | (5.8 | ) |  | (3.1 | ) |  | — |  |  | (23.0 | )
Non-cash items |  | — |  |  | — |  |  | — |  |  | 0.9 |  |  | — |  |  | 0.9 |
Balance, October 31, 2017 |  | $ | 2.5 |  |  | $ | 2.7 |  |  | $ | 0.4 |  |  | $ | 2.8 |  |  | $ | — |  |  | $ | 8.4 |
Costs recognized(1) |  | 4.0 |  |  | 11.0 |  |  | 8.2 |  |  | 2.0 |  |  | 0.6 |  |  | 25.7 |
Payments |  | (6.5 | ) |  | (9.9 | ) |  | (6.7 | ) |  | (1.5 | ) |  | — |  |  | (24.7 | )
Non-cash items |  | — |  |  | — |  |  | — |  |  | (0.2 | ) |  | (0.6 | ) |  | (0.7 | )
Balance, October 31, 2018 |  | $ | — |  |  | $ | 3.8 |  |  | $ | 1.8 |  |  | $ | 3.1 |  |  | $ | — |  |  | $ | 8.6 |
Costs recognized(1) |  | 1.5 |  |  | 4.6 |  |  | 4.5 |  |  | 0.7 |  |  | — |  |  | 11.2 |
Payments |  | (1.0 | ) |  | (5.3 | ) |  | (5.6 | ) |  | (1.1 | ) |  | — |  |  | (12.9 | )
Balance, October 31, 2019 |  | $ | 0.5 |  |  | $ | 3.0 |  |  | $ | 0.7 |  |  | $ | 2.7 |  |  | $ | — |  |  | $ | 7.0 |
(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 and Other |  | $ | 3.5 |  |  | $ | 18.0 |  |  | $ | 12.3 |  |  | $ | 0.7 |  |  | $ | — |  |  | $ | 34.6 |
2020 Vision |  | 30.0 |  |  | 13.0 |  |  | 10.7 |  |  | 7.7 |  |  | 5.2 |  |  | 66.5 |
Total |  | $ | 33.5 |  |  | $ | 31.0 |  |  | $ | 23.0 |  |  | $ | 8.4 |  |  | $ | 5.2 |  |  | $ | 101.1 |

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://fasb.org/us-gaap/role/ref/legacyRef -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