Quarterly report pursuant to Section 13 or 15(d)

Restructuring, Exit and Integration Activities (Tables)

v3.8.0.1
Restructuring, Exit and Integration Activities (Tables)
 3 Months Ended
Mar. 31, 2018
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs [Table Text Block]
The following table is a summary of the expense associated with the restructuring, exit, integration and impairment activities for the three months ended March 31, 2018 and April 1, 2017, as discussed above:
 
March 31, 2018
 
April 1, 2017
(in millions)
Fitness
 
Total
 
Corporate
 
Fitness
 
Boat
 
Total
Restructuring and exit activities:
 
 
 
 
 
 
 
 
 
 
 
Employee termination and other benefits
$
0.8

 
$
0.8

 
$
2.4

 
$
—

 
$
1.1

 
$
3.5

Current asset write-downs (gains on disposal)
(0.4
)
 
(0.4
)
 
—

 
—

 
2.2

 
2.2

Professional fees
—

 
—

 
—

 
—

 
0.2

 
0.2

Integration activities:
 
 
 
 
 
 
 
 
 
 
 
Employee termination and other benefits
0.0

 
0.0

 
—

 
1.1

 
—

 
1.1

Professional fees
0.7

 
0.7

 
—

 
1.2

 
—

 
1.2

Other
0.1

 
0.1

 
—

 
0.1

 
—

 
0.1

Total restructuring, exit, integration and impairment charges
$
1.2

 
$
1.2

 
$
2.4

 
$
2.4

 
$
3.5

 
$
8.3

 
 
 
 
 
 
 
 
 
 
 
 
Total cash payments for restructuring, exit, integration and impairment charges (A)
$
2.0

 
$
2.3

 
$
0.6

 
$
3.5

 
$
0.6

 
$
4.7

Accrued charges at end of the period (B)
$
4.4

 
$
4.6

 
$
1.1

 
$
2.8

 
$
1.2

 
$
5.1



(A) Total cash payments for the three months ended March 31, 2018 also include $0.3 million of payments for Corporate restructuring, exit, integration and impairment charges. Cash payments may include payments related to prior period charges.
(B) Restructuring, exit, integration and impairment charges accrued as of March 31, 2018 also include $0.2 million of Corporate charges. All of the accrued charges are expected to be paid during 2018.