Restructuring

During the fourth quarter of 2012, the company committed to a restructuring plan to reduce the cost structure of primarily its French crane facilities and recorded restructuring expense of $6.9 million to establish a reserve for future involuntary employee terminations and related costs. The restructuring plan better aligns the company's resources due to the economic conditions in Europe.

The following is a rollforward of all restructuring activities relating to the Crane segment for the twelve-month period ended December 31, 2013 (in millions):



Restructuring Reserve Balance as of December 31, 2012		Restructuring Charges		Use of Reserve			Reserve Revisions		Restructuring Reserve Balance as of December 31, 2013
$	8.4	$	1.9	$	(6.0	)	$	—	$	4.3

In conjunction with the acquisition of Enodis in October 2008, certain restructuring activities were undertaken to recognize cost synergies and rationalize the new cost structure of the Foodservice segment. During the years ended December 31, 2013 and 2012, the company determined that certain restructuring actions originally contemplated in conjunction with the acquisition of Enodis in October 2008 were no longer necessary. Accordingly, the company adjusted the excess reserves of $0.7 million and $0.6 million to goodwill for the years ended December 31, 2013 and 2012, respectively.

The company recorded additional amounts in 2013 primarily related to employee termination benefits. These plans are expected to conclude in 2014.

The following is a rollforward of all restructuring activities relating to the Foodservice segment for the twelve-month period ended December 31, 2013 (in millions):



Restructuring Reserve Balance as of December 31, 2012		Restructuring Charges		Use of Reserve			Reserve Revisions			Restructuring Reserve Balance as of December 31, 2013
$	16.9	$	2.9	$	(2.8	)	$	(0.7	)	$	16.3