Restructuring Charges

2012 Plan

In May 2012, the company announced a plan ("The 2012 Plan") to consolidate the Nemschoff manufacturing operations in Sheboygan, Wisconsin with the closure of the Sioux City, Iowa seating plant. The 2012 plan also included the consolidation of the Sheboygan manufacturing sites into one location. This plan reduced fixed costs and operating expenses in order to improve operating performance, profitability and further enhance productivity. This Plan reduced our workforce in North America, by approximately 70 employees. No additional restructuring expenses are anticipated in future periods for the 2012 Plan.

2010 Plan

During the fourth quarter of fiscal 2010, the company executed a restructuring plan (“the 2010 Plan”) that reduced operating expenses in order to improve operating performance, profitability and further enhance productivity. This Plan reduced the salaried workforce, primarily in North America, by approximately 70 employees. The Plan was completed during fiscal 2012.

Manufacturing Consolidation Plan

In May and June 2009, the company announced a plan (“the Manufacturing Consolidation Plan”) to consolidate manufacturing operations with the closure of its Integrated Metal Technologies (IMT) subsidiary in Spring Lake, Michigan and Brandrud facility in Auburn, Washington. Under this plan for the IMT closure, the company retained existing West Michigan production capacity and enhanced operational efficiency, with the majority of work and equipment moved to other newer, larger facilities in the area. Relocation began during the first quarter of fiscal 2010, with final closure completed in the fourth quarter of fiscal 2010. For the Brandrud closure, the company further consolidated manufacturing operations with the transfer of substantially all of the manufacturing capabilities of Brandrud to its Nemschoff manufacturing plants. The Plan was completed during fiscal 2012.

The following is a summary of changes in restructuring accruals during fiscal 2013, 2012 and 2011 and for the 2012 Plan, the 2010 Plan and the Manufacturing Consolidation Plan.



2012 Action Plan
(In millions)	Total Plan Costs			Severance and Outplacement Costs			Building Impairment Costs
Balance as of May 28, 2011	$	—		$	—		$	—
Restructuring and impairment expenses	1.6			0.2			1.4
Cash payments	(0.1		)	—			(0.1		)
Adjustments	(1.3		)	—			(1.3		)
Balance as of June 2, 2012	0.2			0.2			—
Restructuring and impairment expenses	1.2			0.3			0.9
Cash payments	(1.0		)	(0.5		)	(0.5		)
Adjustments	(0.2		)	—			(0.2		)
Balance as of June 1, 2013	$	0.2		$	—		$	0.2



2010 Action Plan
(In millions)	Total Plan Costs			Severance and Outplacement Costs			Leased Building Exit Costs
Balance as of May 29, 2010	$	3.1		$	2.8		$	0.3
Restructuring expenses	2.1			1.5			0.6
Cash payments	(4.5		)	(4.1		)	(0.4		)
Adjustments	(0.2		)	0.1			(0.3		)
Balance as of May 28, 2011	0.5			0.3			0.2
Adjustments	(0.5		)	(0.3		)	(0.2		)
Balance as of June 2, 2012	—			—			—
Balance as of June 1, 2013	$	—		$	—		$	—



Manufacturing Consolidation Plan
(In millions)	Total Plan Costs			Severance and Outplacement Costs			Leased Building Exit Costs
Balance as of May 29, 2010	$	2.6		$	1.5		$	1.1
Restructuring expenses	0.9			0.2			0.7
Cash payments	(3.0		)	(1.7		)	(1.3		)
Balance as of May 28, 2011	0.5			—			0.5
Cash payments	(0.5		)	—			(0.5		)
Balance as of June 2, 2012	—			—			—
Balance as of June 1, 2013	$	—		$	—		$	—

In addition to the restructuring expenses noted above, the company recorded an impairment of certain assets for fiscal 2012 totaling $3.8 million. These assets were related to products and trade names that we determined had no future revenue stream to the company.

These charges have been reflected separately as "Restructuring and impairment expenses" in the Consolidated Statements of Comprehensive Income. Refer to Note 15 of the Consolidated Financial Statements for a discussion of the Plan's impact on the company's reportable operating segments.