Sunbeam 2014 Annual Report Download - page 69

Download and view the complete annual report

Please find page 69 of the 2014 Sunbeam annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 84

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84

Jarden Corporation Annual Report 2014 67
16. Restructuring Costs
Restructuring costs for 2014, 2013 and 2012 are as follows:
2014
(In millions)
Employee
Terminations
Other
Charges  Total
Branded Consumables  $3.5  $0.1 $3.6
Consumer Solutions  0.7  1.1 1.8
Outdoor Solutions  2.1  0.2 2.3
  
Total  $6.3  $1.4 $7.7
  
2013
(In millions)
Employee
Terminations
Other
Charges Total
Branded Consumables  $4.8  $2.2 $7.0
Consumer Solutions  2.9  0.4 3.3
Outdoor Solutions  7.7  4.0  11.7
  
Total  $15.4  $6.6 $22.0
  
2012
(In millions)
Employee
Terminations
Other
Charges Total
Branded Consumables  $0.4  $— $0.4
Consumer Solutions  12.0  2.1 14.1
Outdoor Solutions  2.4  10.2 12.6
Total  $14.8  $12.3 $27.1
  
Branded Consumables Segment Restructuring Costs
During 2013, the Company initiated a plan to rationalize the operating processes of certain international operations. The plan primarily
consists of headcount reductions. Restructuring costs for 2013 primarily relate to this plan. For 2013, other charges are primarily
comprised of lease terminations.
Consumer Solutions Segment Restructuring Costs
During 2012, the Company initiated a plan to rationalize the operating processes of certain international operations. This plan primarily
consists of headcount reductions and facility consolidation and relocation. Restructuring costs for 2013 and 2012 primarily relate to this
plan. For 2012, other charges are primarily comprised of lease terminations.
Outdoor Solutions Segment Restructuring Costs
During 2013, the Company initiated a plan to rationalize the operating processes of certain international operations. The plan primarily
consists of headcount reductions. Restructuring costs for 2013 primarily relate to this plan.
During 2012, the Company initiated a plan to reorganize certain manufacturing facilities in the Far East within the winter sports
business. Restructuring costs for 2012 primarily relate to this plan.
For 2013 and 2012, other charges are primarily comprised of lease and contract termination fees.
Notes to Consolidated Financial Statements
Jarden Corporation Annual Report 2014 (Dollars in millions, except per share data and unless otherwise indicated)