Quarterly report pursuant to Section 13 or 15(d)

Restructuring and Integration Activities

v3.5.0.2
Restructuring and Integration Activities
6 Months Ended
Jul. 02, 2016
Restructuring and Related Activities [Abstract]  
Restructuring and Integration Activities [Text Block]
Restructuring and Integration Activities

The Company acquired Cybex International, Inc. (Cybex) in the first quarter of 2016 as discussed in Note 4 –Acquisitions, and executed certain restructuring and integration activities within the Fitness segment related to the acquisition, resulting in the recognition of restructuring and integration charges in the Condensed Consolidated Statements of Comprehensive Income during 2016.

The following table is a summary of the expense associated with the Fitness segment restructuring and integration activities for the three months and six months ended July 2, 2016, as discussed above:
(in millions)
Three Months Ended
 
Six Months Ended
Restructuring and integration activities:
 
 
 
Employee termination and other benefits
$
0.2

 
$
2.1

Professional fees
0.8

 
2.2

Other
1.6

 
2.1

Total restructuring and integration charges
$
2.6

 
$
6.4



During 2016, the Company made cash payments of $4.8 million relating to all restructuring and integration activities, including payments related to prior period restructuring activities. As of July 2, 2016, accruals remaining for all restructuring and integration activities totaled $3.1 million and are expected to be paid substantially during 2016.