XML 44 R33.htm IDEA: XBRL DOCUMENT v3.24.3

Restructuring and Transformation Activities (Tables)

9 Months Ended

Sep. 29, 2024

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs

The restructuring and transformation costs included in SG&A are detailed below for September year-to-date 2024 (in millions of dollars):

									September Year-to-Date 2024
																					Severance Costs						Transformation Costs						Total
Professional & Industrial																					$	0.4					$	—					$	0.4
Science, Engineering & Technology																					0.3						—						0.3
Outsourcing & Consulting																					0.5						—						0.5
Corporate																					2.1						3.1						5.2
Total																					$	3.3					$	3.1					$	6.4

The restructuring and transformation costs included in SG&A are detailed below for the third quarter and September year-to-date 2023 (in millions of dollars):

			Third Quarter 2023																		September Year-to-Date 2023
			Severance Costs						Lease Termination Costs, Transformation and Other						Total						Severance Costs						Lease Termination Costs, Transformation and Other						Total
Professional & Industrial			$	3.6					$	0.4					$	4.0					$	6.6					$	0.7					$	7.3
Science, Engineering & Technology			0.6						0.1						0.7						1.0						0.2						1.2
Education			0.6						—						0.6						1.0						—						1.0
Outsourcing & Consulting			1.8						—						1.8						2.3						—						2.3
International			—						—						—						0.6						—						0.6
Corporate			3.8						4.5						8.3						4.6						10.6						15.2
Total			$	10.4					$	5.0					$	15.4					$	16.1					$	11.5					$	27.6

Schedule of Restructuring Balance Sheet Accrual

A summary of the global restructuring balance sheet accrual, included in accrued payroll and related taxes and accounts payable and accrued liabilities in the consolidated balance sheet, is detailed below (in millions of dollars):

Balance as of year-end 2023			$	15.1
Accruals			2.3
Reductions for cash payments			(11.0)
Disposition of EMEA staffing operations			(1.5)
Accrual adjustments			(0.2)
Balance as of first quarter-end 2024			4.7
Accruals			4.3
Reductions for cash payments			(4.4)
Balance as of second quarter-end 2024			4.6
Reductions for cash payments			(2.0)
Accrual adjustments			(0.2)
Balance as of third quarter-end 2024			$	2.4

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

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 5.P.3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479823/420-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482017/420-10-50-1

+ Details

Name:	us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4.b.2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482017/420-10-50-1

+ Details

Name:	us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration