Annual report pursuant to Section 13 and 15(d)

Restructuring, Integration and Impairment Activities (Tables)

v3.6.0.2
Restructuring, Integration and Impairment Activities (Tables)
 12 Months Ended
Dec. 31, 2016
Restructuring Cost and Reserve [Line Items]  
Summary of the Expense Associated with Restructuring, Integration and Impairment Activities
The following table is a summary of the net expense associated with the restructuring, integration and impairment activities for 2016, 2015 and 2014. The 2016 charges related to actions initiated in 2016 and 2015. The 2015 charges related to actions initiated in 2015. The 2014 charges related to actions initiated in 2014 and prior years.
(in millions)
2016
 
2015
 
2014
Restructuring activities:
 
 
 
 
 
Employee termination and other benefits
$
1.0

 
$
1.4

 
$
2.9

Current asset write-downs
—

 
—

 
0.5

Transformation costs:
 
 
 
 
 
Consolidation of manufacturing footprint
—

 
—

 
1.0

Retention and relocation costs
—

 
0.3

 
0.3

Asset disposition and impairment actions:
 
 
 
 
 
Definite-lived and other asset impairments and (gains) on disposal
2.3

 
10.7

 
(0.5
)
Integration activities:
 
 
 
 
 
Employee termination and other benefits
4.0

 
—

 
—

Professional fees
5.9

 
—

 
—

Other
2.4

 
—

 
—

Total restructuring, integration and impairment charges
$
15.6

 
$
12.4

 
$
4.2

Actions Initiated in 2016 [Member]  
Restructuring Cost and Reserve [Line Items]  
Schedule of Restructuring, Integration and Impairment Charges by Type of Cost and Reportable Segment [Table Text Block]
The following table is a summary of the expense associated with the restructuring and integration activities for the year ended December 31, 2016 and related actions initiated in 2016:
(in millions)
Fitness
 
Boat
 
Corporate
 
Total
Restructuring activities:
 
 
 
 
 
 
 
Employee termination and other benefits
$
0.4

 
$
0.6

 
$
—

 
$
1.0

Asset disposition and impairment actions:
 
 
 
 
 
 
 
Definite-lived and other asset impairments and (gains) on disposal
—

 
—

 
1.4

 
1.4

Integration activities:
 
 
 
 
 
 
 
Employee termination and other benefits
4.0

 
—

 
—

 
4.0

Professional fees
5.9

 
—

 
—

 
5.9

Other
2.4

 
—

 
—

 
2.4

Total restructuring, integration and impairment charges
$
12.7

 
$
0.6

 
$
1.4

 
$
14.7

Actions Initiated in 2015 [Member]  
Restructuring Cost and Reserve [Line Items]  
Schedule of Restructuring, Integration and Impairment Charges by Type of Cost and Reportable Segment [Table Text Block]
The following table is a summary of the expense associated with the restructuring activities and impairment charges for the year ended December 31, 2016 and 2015 and related actions initiated in 2015:
 
2016
 
2015
(in millions)
Corporate
 
Total
 
Boat
 
Corporate
 
Total
Restructuring activities:
 
 
 
 
 
 
 
 
 
Employee termination and other benefits
$
—

 
$
—

 
$
0.8

 
$
0.6

 
$
1.4

Transformation costs:
 
 
 
 
 
 
 
 

Retention and relocation costs
—

 
—

 
0.3

 
—

 
0.3

Asset disposition and impairment actions:
 
 


 
 
 
 
 

Definite-lived and other asset impairments and (gains) on disposal
0.9

 
0.9

 
6.6

 
4.1

 
10.7

Total restructuring, integration and impairment charges
$
0.9

 
$
0.9

 
$
7.7

 
$
4.7

 
$
12.4