Hertz 2013 Annual Report Download - page 136

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Table of Contents


Restructuring charges in our consolidated statement of operations can be summarized as follows (in millions of dollars):





Termination benefits $41.6
$26.2
$14.4
Pension and post retirement expense 0.1
1.0
0.4
Consultant costs 0.5
1.2
1.3
Asset writedowns
23.2
Facility closure and lease obligation costs 15.5
8.9
16.5
Relocation costs and temporary labor costs 19.0
0.4
0.6
Other 0.3
0.3
Total $77.0
$38.0
$56.4





Direct operating $28.1
$22.6
$46.6
Selling, general and administrative 48.9
15.4
9.8
Total $77.0
$38.0
$56.4





U.S. car rental $22.8
$5.3
$0.9
International car rental 19.3
21.1
15.7
Worldwide equipment rental 8.4
8.8
40.5
Other reconciling items 26.5
2.8
(0.7)
Total $77.0
$38.0
$56.4
132
Source: HERTZ CORP, 10-K, March 31, 2014 Powered by Morningstar® Document Research
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