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Restructuring Charges
 12 Months Ended
May 31, 2014
Restructuring and Related Activities [Abstract]  
Restructuring and Related Activities Disclosure
Restructuring and Impairment Activities

2014 Restructuring and Impairment Charges
The company recognized asset impairment expenses totaling $21.4 million associated with the Nemschoff and POSH trade name intangibles for the fiscal year 2014. The company also recognized restructuring expenses of $1.1 million during the third quarter of fiscal 2014. This restructuring charge was related to actions taken to improve the efficiency of the North American sales and distribution channel and Geiger manufacturing operations. These actions focused primarily on targeted workforce reductions.

Due to the acquisition of a manufacturing and distribution operation in Dongguan, China in the second quarter of 2014, the company has decided not to pursue the construction of a new manufacturing and distribution facility on property that it previously acquired in Ningbo, China. In connection with this decision, the company evaluated the fair value of this property and recorded an asset impairment of $4.0 million during the second quarter. This impairment charge was recorded to the "Restructuring and impairment expenses" line item within the Consolidated Statements of Comprehensive Income. The impairment charge is included within the "Corporate" category within the segment reporting.

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.
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

Cash payments
 
$
(0.2
)
 
$
—

 
$
(0.2
)
Balance as of May 31, 2014
 
$
—

 
$
—

 
$
—


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. The impairment and restructuring charges described above are recorded in the "Restructuring and impairment expenses" line in the Consolidated Statements of Comprehensive Income and are included in the "Corporate" category within the segment reporting within Note 14 .