Rayovac 2008 Annual Report Download - page 57

Table of Contents
Index to Financial Statements
The following table summarizes all restructuring and related charges we incurred in 2007 and 2006 (in millions):
2007 2006
Costs included in cost of goods sold:
Breitenbach, France facility closure:
Termination benefits $ — $ 0.3
Other associated costs 0.5 —
United & Tetra integration:
Termination benefits 0.2 5.4
Other associated costs 13.0 0.4
European initiatives:
Termination benefits 7.5 15.0
Other associated costs 0.3 —
Latin America initiatives:
Termination benefits 0.7 —
Other associated costs 9.8 —
Global Realignment initiatives:
Termination benefits (0.7) —
Total included in cost of goods sold $ 31.3 $ 21.1
Costs included in operating expenses:
United & Tetra integration:
Termination benefits $ 1.1 $ 23.9
Other associated costs 12.8 1.8
European initiatives:
Termination benefits (1.3) 7.9
Latin America initiatives:
Termination benefits 0.4 —
Other associated costs — —
Global Realignment:
Termination benefits 48.7 —
Other associated costs 5.0 —
Total included in operating expenses $ 66.7 $ 33.6
Total restructuring and related charges $ 98.0 $ 54.7
During Fiscal 2005, we announced the closure of a zinc carbon manufacturing facility in Breitenbach, France within Global Batteries and Personal Care.
We recorded $1 million of pretax restructuring and related charges during the Fiscal 2007, and de minimis pretax restructuring and related charges in Fiscal
2006, in connection with this closure. The costs associated with the initiative are complete and totaled approximately $11 million.
In connection with the acquisitions of United and Tetra in Fiscal 2005, we implemented a series of initiatives to optimize the global resources of the
combined companies. These initiatives included: integrating all of United’s home and garden administrative services, sales and customer service functions into
our operations in Madison, Wisconsin; converting all information systems to SAP; consolidating United’s home and garden manufacturing and distribution
locations in North America; rationalizing the North America supply chain; and consolidating administrative, manufacturing and distribution facilities at our
Global Pet Supplies business. In addition, certain corporate functions were shifted to our global headquarters in Atlanta, Georgia. Effective October 1, 2006, we
suspended initiatives to integrate the activities of the Home and Garden Business into our operations in Madison, Wisconsin. We recorded $5 million and $20
million of restructuring and related charges
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Source: Spectrum Brands, Inc, 10-K, December 10, 2008