Avery Dennison (AVY)

Company ID: 110 | CIK: 0000008818
10-Q view:
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Segments are charted by their disclosed metrics (revenue, segment profit, etc.). Each line is a single segment. Reconciliation/corporate items are excluded. Major customers are shown as a percentage of revenue. Operational KPIs are grouped by metric concept; sub-metrics appear as separate lines.

Geographic Segments

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Business Unit / Product Segments

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Major Customers (% of Revenue)

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Operational KPIs

Purchases of software and other deferred charges (capital_expenditures)

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Shareholders of record (customers)

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GHG Emissions Reduction (emissions_co2)

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Females in manager and above roles (headcount)

Finished goods inventory (inventory_units)

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ADPP liabilities settled (other)

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ADPP non-cash charges (other)

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ADPP pretax charges (other)

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ADPP remaining liabilities settled (other)

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ADPP tax benefits (other)

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Accounts Payable Days (other)

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Accounts Receivable Days (other)

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Accounts payable (other)

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Accounts receivable (other)

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Accounts receivable, net (other)

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Accrued payroll and employee benefits (other)

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Accumulated depreciation (other)

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Accumulated impairment losses on goodwill (other)

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Accumulated other comprehensive loss (other)

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Accumulated other comprehensive loss beginning (other)

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Accumulated other comprehensive loss ending (other)

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Acquisition consideration (other)

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Acquisition sales contribution (other)

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Acquisition sales impact (other)

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Adjusted free cash flow (other)

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Allowance for credit losses (other)

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Allowance for credit losses beginning (other)

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Allowance for credit losses ending (other)

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Amortization (other)

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Amortization of prior service credit (other)

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Annualized cost savings (other)

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Annualized current quarter net sales (other)

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Annualized pretax savings from cost reduction (other)

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Annualized restructuring savings (other)

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Annualized restructuring savings target (other)

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Annualized savings target (other)

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Antidilutive shares excluded (other)

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Asset impairment charges and lease cancellation costs (other)

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Authorized share repurchases (other)

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Authorized share repurchases remaining (other)

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Authorized shares (other)

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Available for sale securities (other)

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Average days payable outstanding (other)

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Average days sales outstanding (other)

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Average inventory turnover (other)

Average shares outstanding (other)

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Average working capital (other)

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Bank drafts (other)

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Bank drafts (Level 1) (other)

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Benefit from income taxes (other)

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Capital expenditure guidance (other)

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Capital expenditures (other)

Capital in excess of par value (other)

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Capital in excess of par value beginning (other)

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Capital in excess of par value ending (other)

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Capital spending (other)

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Carrying value of HiMEDS units (other)

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Cash and cash equivalents (other)

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Cash and cash equivalents, beginning (other)

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Cash and cash equivalents, beginning of year (other)

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Cash and cash equivalents, end (other)

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Cash and cash equivalents, end of period (other)

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Cash contribution to ADPP (other)

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Cash flow hedges (other)

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Cash flow hedges beginning (other)

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Cash flow hedges ending (other)

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Cash flow hedges reclassification (other)

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Cash flow hedges tax (other)

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Cash from operations (other)

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Cash paid for operating lease liabilities (other)

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Cash restructuring charges target (other)

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Changes in assets and liabilities (other)

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China sales share (other)

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China share of net sales (other)

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Commercial paper outstanding (other)

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Common shares outstanding (other)

Common stock authorized (other)

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Common stock issued (other)

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Common stock outstanding (other)

Common stock shares outstanding (other)

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Common stock value (other)

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Comprehensive income (other)

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Contribution of shares to 401(k) Plan (other)

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Core unit volume growth (other)

Corporate expense (other)

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Cost of products sold (other)

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Cost of shares repurchased (other)

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Cost reduction positions (other)

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Cost savings realized (other)

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Cost synergy savings realized (other)

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Countries of Operation (other)

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Countries of operation (other)

Countries with company locations (other)

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Countries with operations (other)

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Cross-currency swap notional (other)

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Currency impact on net sales (other)

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Currency translation benefit (other)

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Currency translation benefit per share (other)

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Currency translation impact (other)

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Currency translation impact on sales (other)

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Days Payable Outstanding (other)

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Days Sales Outstanding (other)

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Days payable outstanding (other)

Days payables outstanding (other)

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Days sales outstanding (other)

Debt to EBITDA covenant ratio (other)

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Debt to EBITDA ratio (other)

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Debt to capital ratio (other)

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Debt to total capital (other)

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Debt to total capital ratio (other)

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Deferred income taxes and other non-cash taxes (other)

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Deferred revenue (other)

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Depreciation (other)

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Derivative assets (other)

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Derivative assets (Level 2) (other)

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Derivative liabilities (other)

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Derivative liabilities (Level 1) (other)

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Derivative liabilities (Level 2) (other)

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Discount rate for intangibles (other)

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Dividend per share (other)

Dividends (other)

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Dividends paid (other)

Dividends per common share (other)

Dividends per share (other)

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EBIT to interest covenant ratio (other)

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EPA PRP waste sites (other)

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EPA designated PRP sites (other)

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EPA designated waste sites (other)

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EPA potentially responsible party sites (other)

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EPA remediation sites (other)

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Earnings per share (other)

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Effect of foreign currency translation on cash balances (other)

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Effective tax rate (other)

Emerging markets sales (other)

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Emerging markets share of net sales (other)

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Employee Resource Groups (other)

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Employees above minimum wage (other)

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Employees pending departure (other)

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Employees separated under cost reduction program (other)

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Employees separated under restructuring (other)

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Environmental PRP sites (other)

Environmental cleanup sites (other)

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Environmental liabilities (other)

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Environmental liabilities beginning (other)

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Environmental liabilities ending (other)

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Environmental liability (other)

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Environmental potentially responsible party sites (other)

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Environmental remediation accrual (other)

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Environmental remediation liability (other)

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Environmental sites (other)

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Equity method investment (other)

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Estimated annual restructuring savings (other)

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Expected capital and software expenditures (other)

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Expected cost savings (other)

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Expected interest expense reduction (other)

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Expected pension contributions (other)

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Expected pension expense (other)

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Expected postretirement health contributions (other)

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Expected reclassification from AOCI (other)

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Expected restructuring charges (other)

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Expected restructuring savings (other)

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Expected return on plan assets (other)

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Extra week impact on sales (other)

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FX impact on sales (other)

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Fair value of cross-currency swaps (other)

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Fair value of total debt (other)

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Female managers (other)

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Finance lease accumulated amortization (other)

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Finance lease liability, current (other)

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Finance lease liability, non-current (other)

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Finance lease payments due (other)

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Finance lease right-of-use asset (other)

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Finished goods inventory (other)

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Finite-lived intangible assets (other)

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Foreign currency translation (other)

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Foreign currency translation adjustment (other)

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Foreign currency translation adjustment beginning (other)

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Foreign currency translation adjustment ending (other)

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Foreign currency translation impact (other)

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Foreign currency translation impact on net sales (other)

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Foreign currency translation impact on sales (other)

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Foreign currency translation tax (other)

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Free Cash Flow (other)

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Free cash flow (other)

Gains on cash flow hedges (other)

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Gains on net investment hedge (other)

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Goodwill (other)

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Goodwill by segment (other)

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Goodwill translation adjustments (other)

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Gross margin (other)

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Gross profit (other)

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Gross profit margin (other)

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Guarantees (other)

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Guarantees of subsidiary lines of credit (other)

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Headcount reduction (other)

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HiMEDS units outstanding (other)

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Imputed interest on finance leases (other)

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Imputed interest on operating leases (other)

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Income before taxes by segment (other)

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Income tax expense allocated to other comprehensive income (other)

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Increase in cash and cash equivalents (other)

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Incremental restructuring savings (other)

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Indefinite-lived intangible assets (other)

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Intelligent Labels growth (other)

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Interest cost (other)

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Interest coverage ratio (other)

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Interest expense (other)

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International Sales Percentage (other)

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International net sales mix (other)

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International net sales share (other)

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International operations revenue share (other)

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International pension contribution guidance (other)

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International sales mix (other)

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International sales percentage (other)

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International sales share (other)

International share of net sales (other)

International share of sales (other)

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Intersegment sales (other)

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Inventories (other)

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Inventories, net (other)

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Inventory Turnover (other)

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Inventory reserves (other)

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Inventory turnover (other)

Issuance of shares under stock-based compensation plans (other)

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Issued shares (other)

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Jackstadt sales contribution (other)

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Lease assets (other)

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Lease assets obtained for operating leases (other)

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Lease liabilities (other)

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Long-term debt (other)

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Long-term debt and finance leases (other)

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Long-term incentive units expense (other)

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Loss before taxes (other)

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Marketing, general and administrative expense (other)

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Marketing, general and administrative expense ratio (other)

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Minimum annual rental commitments on operating leases (other)

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Net actuarial loss (other)

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Net cash from operating activities (other)

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Net cash provided by operating activities (other)

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Net cash used in financing activities (other)

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Net cash used in investing activities (other)

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Net current-period other comprehensive income (other)

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Net debt to EBITDA (other)

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Net debt to EBITDA ratio (other)

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Net gains on other derivatives (other)

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Net gains on sale of assets (other)

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Net income (other)

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Net income margin (other)

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Net income per common share (other)

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Net income per common share, assuming dilution (other)

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Net increase in borrowings (other)

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Net investment hedge designation (other)

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Net loss (other)

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Net loss available to common shareholders (other)

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Net loss on derivative instruments (other)

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Net loss per common share (other)

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Net loss per common share, diluted (other)

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Net periodic benefit cost (other)

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Net periodic benefit credit (other)

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Net sales (other)

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Net sales by geography (other)

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Net sales by product group (other)

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Net sales change (other)

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Net sales mix by segment (other)

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Net tax charges related to GILTI (other)

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Net tax withholding proceeds related to stock-based compensation (other)

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Notional value of commodity contracts (other)

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Notional value of foreign currency contracts (other)

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Notional value of foreign exchange contracts (other)

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Number of Reportable Segments (other)

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Operating cash flow (other)

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Operating lease cost (other)

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Operating lease liability, current (other)

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Operating lease liability, non-current (other)

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Operating lease payments due (other)

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Operating lease right-of-use asset (other)

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Operating working capital ratio (other)

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Operational Working Capital Ratio (other)

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Operational working capital (other)

Operational working capital as % of annualized net sales (other)

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Operational working capital ratio (other)

Organic Sales Change (other)

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Organic sales change (other)

Organic sales decline (other)

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Organic sales growth (other)

Organic sales growth by segment (other)

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Other comprehensive income (other)

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Other comprehensive income before reclassifications (other)

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Other current liabilities (other)

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Other expense, net (other)

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Other expense, net by segment (other)

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Other intangibles (other)

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Other intangibles, net (other)

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Other non-cash expense and loss (other)

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Other non-operating expense (other)

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Paxar cost synergies (other)

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Paxar integration synergies (other)

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Payments for investments in businesses (other)

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Payments of contingent consideration (other)

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Pension and other postretirement benefits (other)

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Pension and other postretirement benefits beginning (other)

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Pension and other postretirement benefits ending (other)

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Pension and other postretirement benefits reclassification (other)

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Pension and other postretirement benefits tax (other)

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Pension contribution guidance (other)

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Pension discount rate assumption (other)

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Pension plan contributions (other)

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Pension plan settlement charges (other)

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Pension plan settlements and related charges (other)

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Pension return on plan assets assumption (other)

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Plant closures commenced (other)

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Plant closures completed (other)

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Plant closures initiated (other)

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Plant closures planned (other)

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Plants closed (other)

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Positions affected (other)

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Positions eliminated (other)

Positions eliminated in restructuring (other)

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Positions eliminated under cost reduction program (other)

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Positions reduced (other)

Positions under cost reduction program (other)

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Potential cash payments for uncertain tax positions (other)

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Potential decrease in uncertain tax positions (other)

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Potentially responsible party sites (other)

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Pre-tax income margin (other)

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Present value of finance lease liabilities (other)

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Present value of operating lease liabilities (other)

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Pricing and product mix (other)

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Pricing and product mix impact (other)

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Principal manufacturing facilities (other)

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Proceeds from insurance and sales of investments (other)

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Proceeds from sales of property, plant and equipment (other)

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Product warranty liabilities (other)

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Product warranty liability (other)

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Property, plant and equipment (other)

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Property, plant and equipment gross (other)

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Property, plant and equipment, gross (other)

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Property, plant and equipment, net (other)

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Provision for doubtful accounts and sales returns (other)

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Purchases of property, plant and equipment (other)

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Purchases of software and other deferred charges (other)

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RFID sales growth (other)

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Ratio of earnings to fixed charges (other)

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Raw materials inventory (other)

No 10-K data

Reasonably possible decrease in uncertain tax positions (other)

No 10-K data

Reclassifications from AOCI to net loss (other)

No 10-K data

Reclassifications to net loss (other)

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Recognized loss on settlements (other)

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Recognized net actuarial loss (other)

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Remaining repurchase authorization (other)

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Remaining share repurchase authorization (other)

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Repayments of long-term debt and finance leases (other)

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Reported net sales change (other)

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Reported sales change (other)

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Reported sales decline (other)

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Reported sales growth (other)

Repurchase of shares for treasury (other)

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Research and development expense (other)

Residual value guarantee (other)

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Restricted Stock Units outstanding (other)

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Restricted stock units outstanding (other)

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Restructuring accrual balance (other)

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Restructuring annualized savings (other)

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Restructuring charges (other)

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Restructuring charges by segment (other)

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Restructuring cost savings (other)

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Restructuring facility closures completed (other)

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Restructuring headcount reduction (other)

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Restructuring position eliminations planned (other)

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Restructuring positions eliminated (other)

Restructuring positions reduced (other)

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Restructuring reserve (other)

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Restructuring reversals (other)

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Restructuring run-rate savings achieved (other)

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Restructuring savings (other)

Restructuring savings realized (other)

Retained earnings (other)

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Retained earnings beginning (other)

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Retained earnings ending (other)

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Return on average equity (other)

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Return on average shareholders' equity (other)

Return on average total capital (other)

Revenue recognized from deferred revenue (other)

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Revolving credit facility (other)

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Revolving credit facility availability (other)

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Revolving credit facility utilization (other)

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Run-rate savings achieved (other)

No 10-K data

Sales Change ex. Currency (other)

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Sales change ex. currency (other)

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Sales from acquisitions (other)

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Sales growth (other)

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Sales growth by region (other)

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Sales offices and facilities (other)

No 10-Q data

Savings realized in 2009 (other)

No 10-K data

Segment operating income growth (other)

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Segment sales growth (other)

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Senior notes interest rate (other)

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Senior notes issued (other)

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Service cost (other)

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Severance accrual balance (other)

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Severance and related costs (other)

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Share of net sales (other)

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Share repurchase cost (other)

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Share repurchases (other)

Shareholders of record (other)

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Shareholders' equity (other)

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Shares Outstanding (other)

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Shares available for repurchase (other)

Shares outstanding (other)

Shares repurchased (other)

Short-term and current portion of long-term debt (other)

No 10-K data

Short-term borrowings (other)

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Short-term borrowings and current portion of long-term debt (other)

No 10-K data

Short-term environmental liabilities (other)

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Software and other deferred charges (other)

No 10-K data

Stock options exercisable (other)

No 10-K data

Stock options outstanding (other)

No 10-K data

Stock-based compensation expense (other)

No 10-K data

Supply chain finance obligations (other)

No 10-K data

Tax benefit from decreases in tax reserves (other)

No 10-K data

Tax benefit from pension plan settlement (other)

No 10-K data

Tax benefit from pension settlement (other)

No 10-K data

Tax benefit from stock-based payments (other)

No 10-K data

Term loan repaid (other)

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Total assets (other)

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Total current assets (other)

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Total current liabilities (other)

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Total debt (other)

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Total debt fair value (other)

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Total debt to total capital (other)

Total debt to total capital ratio (other)

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Total finance lease payments (other)

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Total lease liabilities (other)

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Total leased assets (other)

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Total liabilities (other)

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Total operating lease payments (other)

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Total pretax charges (other)

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Total restructuring charges (other)

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Total restructuring charges target (other)

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Total shareholders' equity (other)

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Trade accounts receivable (other)

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Trade accounts receivable, net (other)

No 10-K data

Trading securities (other)

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Trading securities (Level 1) (other)

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Trading securities (Level 2) (other)

No 10-K data

Trading securities in cash equivalents (other)

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Trading securities in other current assets (other)

No 10-K data

Treasury shares purchased (other)

No 10-K data

Treasury stock (other)

No 10-K data

Treasury stock at cost (other)

No 10-K data

Treasury stock beginning (other)

No 10-K data

Treasury stock ending (other)

No 10-K data

Treasury stock shares (other)

No 10-K data

Treasury stock value (other)

No 10-K data

Unrecognized compensation cost (other)

No 10-K data

Unrecognized compensation expense (other)

No 10-K data

Unused letters of credit (other)

No 10-K data

Unvested stock options (other)

No 10-K data

Useful life of customer relationships (other)

No 10-K data

Useful life of patents (other)

No 10-K data

Useful life of trade names (other)

No 10-K data

Waste disposal PRP sites (other)

No 10-K data

Waste disposal sites (other)

No 10-K data

Waste site designations (other)

No 10-K data

Weighted average discount rate (other)

No 10-K data

Weighted average remaining lease term (other)

No 10-K data

Weighted average shares outstanding (other)

No 10-K data

Weighted average shares outstanding, diluted (other)

No 10-K data

Women in management (other)

No 10-Q data

Women in manager and above roles (other)

No 10-Q data

Work-in-progress inventory (other)

No 10-K data

Working capital (other)

No 10-K data

Working capital % of sales (other)

No 10-Q data

Working capital as % of annualized net sales (other)

No 10-K data

Working capital as percent of sales (other)

No 10-Q data

Working capital deficit (other)

No 10-K data

Working capital deficit ratio (other)

No 10-K data

Working capital from continuing operations (other)

No 10-K data

Working capital from continuing operations as % of sales (other)

No 10-K data

Working capital from operations (other)

No 10-K data

Working capital from operations ratio (other)

No 10-K data

Working capital percent of sales (other)

No 10-Q data

Working capital ratio (other)

Working capital, GAAP (other)

No 10-K data

Working capital, GAAP ratio (other)

No 10-K data

Y2K projects completed (other)

No 10-K data

us-gaap:NumberOfReportableSegments (other)

No 10-Q data

Principal manufacturing facilities (properties)

Organic sales growth (same_store_sales)

No 10-K data

Principal facility square footage (square_footage)

No 10-Q data

Average inventory turnover (throughput)

No 10-K data

Recordable Incident Rate (trir)

No 10-Q data
Human capital disclosures. Workforce totals and demographics are point-in-time. Flow metrics use the year-to-date period for 10-Q and full year for 10-K. Workforce actions (RIFs, restructurings, acquisition-related changes) are listed in the table at the bottom.

Workforce Totals

No 10-Q data

Demographics

No 10-Q data

Workforce Breakdowns

No 10-Q data
No 10-Q data

HCM Metrics — Point-in-Time

No point-in-time HCM metrics found.

HCM Metrics — Flow (Annual / YTD)

No 10-Q data

Workforce Actions

Period EndTypeStatusAffected% WorkforceAnnouncedExpected CompletionGeographySegment / FunctionChargeSourceNote
2026-06-30restructuringin_progress600Various locations across the companyCompany-wide (charges: Materials Group $9.4M, Solutions Group $24.8M, Corporate $0.2M for six months)USD 35 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2026 actions recorded in the six months ended June 30, 2026: severance for reduction of approximately 600 positions plus asset impairment and lease cancellation charges; severance component was $31.0M of the $34.7M total. Announcement date not disclosed.
2026-06-30restructuringin_progress600Various locations across the companyMaterials Group, Solutions Group, CorporateUSD 35 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2026 actions: reduction of approximately 600 positions. Charges include severance, asset impairment, and lease cancellation costs to optimize operational footprint and workforce headcount.
2026-06-30restructuringin_progress600Restructuring 2026 Actions [Member]USD 34,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-30restructuringin_progressOperating Segments [Member] / Materials Group Segment [Member]USD 2,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-30restructuringin_progressOperating Segments [Member] / Solutions Group Segment [Member]USD 15,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-30restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-30restructuringin_progressUSD 18,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-30restructuringin_progressEmployee Severance [Member]USD 16,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-30restructuringin_progressAsset Impairment And Lease Cancellation Charges [Member]USD 2,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progress370Various locations across the companyCompany-wide (charges: Materials Group $6.6M, Solutions Group $9.0M, Corporate $0.2M)USD 16 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance and related costs for reduction of approximately 370 positions plus asset impairment and lease cancellation charges, to optimize operational footprint and workforce headcount; charges recorded in Other expense (income), net. Severance accrual at 2026-03-31 was $2.8M after $11.8M of cash payments during the quarter.
2026-03-31restructuringin_progressNot specifiedCompany-widerestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Prior-year restructuring program continuing; no employee count disclosed in this filing. Q1 2026 activity was a $0.1M net reversal with $2.5M of cash payments; severance accrual at 2026-03-31 was $11.6M.
2026-03-31restructuringin_progress3702026-03-31Various locations across the companyVariousUSD 16 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges consisted of severance and related costs for reduction of approximately 370 positions, as well as asset impairment charges, to optimize operational footprint and workforce headcount.
2026-03-31restructuringin_progress370Restructuring 2026 Actions [Member]USD 15,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progressOperating Segments [Member] / Materials Group Segment [Member]USD 6,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progressOperating Segments [Member] / Solutions Group Segment [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progressUSD 15,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progressEmployee Severance [Member]USD 14,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progressAsset Impairment And Lease Cancellation Charges [Member]USD 1,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-12-31restructuringin_progress1,200Numerous locations across the company (global)Company-wide (both Materials Group and Solutions Group segments)USD 49 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2025 charges, net of reversals, of $48.8M comprised ~$45.7M severance for ~1,200 position reductions plus $3.1M asset impairments. Program began with $13.1M of charges for ~90 positions recorded in Q4 2024 (Solutions Group); cumulative program charges ~$62M. Year-end 2025 severance accrual of $14.4M indicates actions were not fully settled at period end.
2025-12-31plant_closurecompleted2025Belgium (Europe)Materials Groupother
f5-10k / GLM-5.3-flash-HTML
Described as a European footprint optimization completed in 2025; filing gives no separate headcount or charge and it may be encompassed within the 2025 Actions restructuring program (Note 13).
2025-12-31restructuringcompleted20232025-12-31Numerous locations across the company (global)Company-wide (Materials Group and Solutions Group segments)USD -2 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Program completed in Q4 2025; FY2025 activity was limited to $1.6M of net reversals (credit). The program's ~1,280 position reductions were recorded in fiscal 2024 and are excluded here to avoid prior-year double-counting.
2025-12-31restructuringin_progress1,200Numerous locations globallyMaterials Group and Solutions GroupUSD 49 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2025 charges of $48.8M net of reversals cover severance for approximately 1,200 positions plus asset impairments; cumulative charges for the 2025 actions were approximately $62M including $13.1M recorded in Q4 2024 (prior year). A $14.4M severance accrual remained at year-end 2025. No announcement date or completion date disclosed.
2025-12-31restructuringcompleted2025-12-31Numerous locations globallyMaterials Group, Solutions Group and Corporaterestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2023 Actions completed in Q4 2025; FY2025 activity was $1.6M of reversals (no new charges). The approximately 1,280 position reductions were recorded in 2024 and are not counted here.
2025-12-31plant_closurecompleted2025-12-31BelgiumMaterials Groupother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
European footprint optimization completed in 2025; described as part of ongoing restructuring/cost-reduction actions. Sub-component of the 2025 actions with no separately disclosed headcount or charge — do not add to the 1,200-position total.
2025-12-31acquisition_additioncompleted2025-10-202025-10-20United States (Georgia)Materials GroupUSD 390 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of W.F. Taylor Holdings, Inc. (flooring adhesives) for approximately $390M purchase consideration; acquired headcount not disclosed.
2025-12-31restructuringcompleted1,2002025-01-012025-12-31GlobalMaterials Group and Solutions GroupUSD 49 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2025 actions: reduction of approximately 1,200 positions and asset impairment charges at numerous locations. Cumulative charges net of reversals approximately $62 million.
2025-12-31restructuringcompleted1,2802023-01-012025-12-31GlobalMaterials Group and Solutions GroupUSD -2 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2023 actions: reduction of approximately 1,280 positions. Completed in fourth quarter of 2025 with $1.6 million in reversals.
2025-12-31restructuringin_progress1,2002025-01-01GlobalMaterials Group and Solutions GroupUSD 49 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2025 Actions: Reduction of approximately 1,200 positions. Charges consisted of severance and related costs as well as asset impairment charges.
2025-12-31restructuringcompleted2023-01-012025-12-31GlobalGlobalUSD -2 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2023 Actions: Completed in fourth quarter of 2025. Recorded $1.6 million of reversals.
2025-12-31restructuringin_progress1,200Restructuring 2025 Actions [Member]USD 48,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-12-31restructuringin_progressRestructuring 2023 Actions [Member]USD -1,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-12-31restructuringin_progressOperating Segments [Member] / Materials Group Segment [Member]USD 22,900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-12-31restructuringin_progressOperating Segments [Member] / Solutions Group Segment [Member]USD 23,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-12-31restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-12-31restructuringin_progressUSD 47,200,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-12-31restructuringin_progressEmployee Severance [Member]USD 43,200,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-12-31restructuringin_progressAsset Impairment Charges And Lease Cancellation Charges [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-09-27restructuringin_progress770Global — various locations across the companyCompany-wide (charges reported for Materials Group, Solutions Group and Corporate; headcount not split by segment)USD 23 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2025 actions for the nine months ended September 27, 2025: severance and related costs for approximately 770 positions plus asset impairment and lease cancellation charges; charges of $22.8M total per accrual roll-forward ($22.7M per segment table). Program intended to optimize operational footprint; announcement and completion dates not disclosed. Also mentioned in MD&A Overview.
2025-09-27acquisition_additioncompletedUnited States (Georgia-based flooring adhesives business)Materials Groupsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of W.F. Taylor Holdings, Inc. completed 2025-10-20 for $390 million purchase price, funded with cash and September 2025 senior note proceeds; no headcount added disclosed.
2025-09-27restructuringin_progress770Various locations across the companyMaterials Group, Solutions Group, CorporateUSD 23 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2025 actions intended to optimize operational footprint; charges include severance and asset impairment.
2025-09-27restructuringin_progress770Various locations across the companyVariousUSD 23 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2025 Actions: Reduction of approximately 770 positions. Charges include severance and related costs, as well as asset impairment charges. Intended to optimize operational footprint.
2025-09-27restructuringin_progress770Restructuring 2025 Actions [Member]USD 22,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-27restructuringin_progressOperating Segments [Member] / Materials Group Segment [Member]USD 4,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-27restructuringin_progressOperating Segments [Member] / Solutions Group Segment [Member]USD 5,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-27restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-27restructuringin_progressUSD 9,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-27restructuringin_progressEmployee Severance [Member]USD 7,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-27restructuringin_progressAsset Impairment And Lease Cancellation Charges [Member]USD 2,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-28restructuringin_progress460Various locations across the companyMaterials Group; Solutions Group; CorporateUSD 13 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance and related costs for reduction of approximately 460 positions plus asset impairment charges, recorded net of reversals during the six months ended June 28, 2025; intended to optimize operational footprint. Charges by segment for the six months: Materials Group $5.0M, Solutions Group $7.2M, Corporate $0.7M. No announcement date or completion date disclosed.
2025-06-28restructuringin_progress460Various locations across the companyMaterials Group, Solutions Group, CorporateUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges recorded during the six months ended June 28, 2025. Consisted of severance and related costs for reduction of approximately 460 positions, as well as asset impairment charges. Actions primarily intended to optimize operational footprint.
2025-06-28restructuringin_progress460Various locations across the companyVariousUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2025 Actions: Reduction of approximately 460 positions. Charges consist of severance and related costs, as well as asset impairment charges. Intended to optimize operational footprint.
2025-06-28restructuringin_progress460Restructuring 2025 Actions [Member]USD 12,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-28restructuringin_progressOperating Segments [Member] / Materials Group Segment [Member]USD 2,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-28restructuringin_progressOperating Segments [Member] / Solutions Group Segment [Member]USD 5,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-28restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-28restructuringin_progressUSD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-28restructuringin_progressEmployee Severance [Member]USD 7,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-28restructuringin_progressAsset Impairment And Lease Cancellation Charges [Member]USD 100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-29restructuringin_progress130Various locations across the companyPrimarily Solutions Group; charges split Materials Group $2.5M, Solutions Group $2.0M, Corporate $0.4MUSD 5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2025 actions: severance for reduction of approximately 130 positions plus asset impairment charges; severance accrual $6.3M at quarter-end after $8.3M cash payments. Aimed at optimizing Solutions Group operational footprint.
2025-03-29restructuringin_progress1302025-01-01Various locations across the companySolutions GroupUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges consist of severance and related costs for reduction of approximately 130 positions, as well as asset impairment charges. Primarily intended to optimize operational footprint in Solutions Group.
2025-03-29restructuringin_progress1302025-01-01Various locationsSolutions GroupUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2025 Actions: reduction of approximately 130 positions, primarily intended to optimize operational footprint in Solutions Group. Charges include severance and asset impairment.
2025-03-29restructuringin_progress130Restructuring 2025 Actions [Member]USD 4,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-29restructuringin_progressOperating Segments [Member] / Materials Group Segment [Member]USD 2,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-29restructuringin_progressOperating Segments [Member] / Solutions Group Segment [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-29restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-29restructuringin_progressUSD 4,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-29restructuringin_progressEmployee Severance [Member]USD 4,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-29restructuringin_progressAsset Impairment and Lease Cancellation Charges [Member]USD 200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-12-28restructuringin_progress90Numerous locations across the companySolutions GroupUSD 13 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Charges recorded in the fourth quarter of fiscal 2024 for 2025 actions; comprised $10.0M severance and related costs for ~90 positions plus $3.1M asset impairment charges. $10.0M severance accrual remained at year-end 2024.
2024-12-28restructuringin_progress1,280Numerous locations across the companyCompany-wide; 2024 restructuring charges were primarily in Solutions Group per Item 1 narrativeUSD 29 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Current-year activity only: $28.8M of charges, net of reversals, recorded during fiscal 2024 under the multi-year 2023 Actions program, consisting of severance and related costs plus asset impairment charges. ~1,450 positions were reduced under this program in 2023 (prior-year activity not extracted). Item 1 also cites ~$63M of incremental savings from restructuring actions in 2024.
2024-12-28restructuringin_progress210BelgiumMaterials GroupUSD 30 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Plan approved in Q3 2023 to optimize the Materials Group European footprint by reducing operations at a manufacturing facility in Belgium. Positions figure is cumulative for the plan; the $30.4M of related charges was recorded in 2023. Activities expected to be substantially completed by mid-2025.
2024-12-28restructuringin_progress902024-12-28Multiple locations worldwideSolutions GroupUSD 13 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Recorded in Q4 2024; severance and related costs for approximately 90 positions plus asset impairment charges.
2024-12-28restructuringin_progress1,2802023-06-302025-06-30Multiple locations worldwidePrimarily Solutions Group; includes 2023 Plan optimizing European Materials Group footprint (Belgium facility)USD 29 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2024 activity only: charges recorded during 2024 for reduction of approximately 1,280 positions, net of reversals. Multi-year program; 2023 charges of $49.0M and 1,450 positions reported in prior filing. 2023 Plan (Belgium) expected substantially complete by mid-2025.
2024-12-28restructuringin_progress902024-Q4GlobalSolutions GroupUSD 13 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2025 Actions: Reduction of approximately 90 positions in Q4 2024, primarily in Solutions Group. Charges of $13.1 million recorded.
2024-12-28restructuringin_progress1,2802023-Q32025-06-30GlobalMaterials GroupUSD 29 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2023 Actions: Reduction of approximately 1,280 positions in 2024. Charges of $28.8 million recorded in 2024. Activities expected to be substantially completed by mid-2025.
2024-12-28restructuringin_progress902024-10-01GlobalSolutions GroupUSD 13 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2025 Actions: Reduction of approximately 90 positions in Q4 2024. Charges consisted of severance and related costs, as well as asset impairment charges.
2024-12-28restructuringin_progress1,2802023-01-012025-06-30GlobalMaterials Group and Solutions GroupUSD 29 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2023 Actions: Reduction of approximately 1,280 positions during 2024. Includes 2023 Plan (European footprint optimization, ~210 positions) and other 2023 actions. Activities expected to be substantially completed by mid-2025.
2024-12-28restructuringin_progress90Restructuring 2025 Actions [Member]USD 13,100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-12-28restructuringin_progress1,280Restructuring 2023 Actions [Member]USD 28,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-12-28restructuringin_progressOperating Segments [Member] / Materials Group Segment [Member]USD 5,700,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-12-28restructuringin_progressOperating Segments [Member] / Solutions Group Segment [Member]USD 35,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-12-28restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-12-28restructuringin_progressUSD 41,900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-12-28restructuringin_progressEmployee Severance [Member]USD 35,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-12-28restructuringin_progressAsset Impairment Charges And Lease Cancellation Charges [Member]USD 6,500,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-09-28restructuringin_progress1,100Various locations across the companyMaterials Group; Solutions Group; CorporateUSD 26 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 1,100 positions reduced during the nine months ended 2024-09-28; charges include severance, asset impairment and lease cancellation. Program labeled '2023 Actions'; no announcement date or completion date stated. Charges by segment for the nine months: Materials $5.6M, Solutions $19.7M, Corporate $0.3M.
2024-09-28plant_closurein_progress2102025-06-30BelgiumMaterials Grouprestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plan to optimize European footprint by reducing operations at a Belgium manufacturing facility; approved in Q3 2023 with all charges recorded in 2023 (prior year). Disclosed as ongoing, expected substantially complete by mid-2025; no additional charges anticipated.
2024-09-28restructuringin_progress1,100Various locations across the companyMaterials Group and Solutions GroupUSD 26 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges recorded during the nine months ended September 28, 2024. Includes severance, asset impairment, and lease cancellation costs.
2024-09-28restructuringin_progress2102023-07-012025-06-30BelgiumMaterials Grouprestructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Approved in Q3 2023 to optimize European footprint. Charges recorded in 2023; no additional charges anticipated. Expected substantially completed by mid-2025.
2024-09-28restructuringin_progress1,1002023-07-012025-06-30GlobalVarious locations across the companyUSD 26 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges recorded during the nine months ended Sept 28, 2024, consisted of severance and related costs for the reduction of approximately 1,100 positions, as well as asset impairment and lease cancellation charges. The 2023 Plan (approved Q3 2023) is expected to be substantially completed by mid-2025.
2024-09-28restructuringin_progressEmployee Severance [Member]USD 11,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-28restructuringin_progressAsset Impairment and Lease Cancellation Charges [Member]USD 1,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-28restructuringin_progress1,100Other 2023 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2024-06-29restructuringin_progress380Various locations across the companyMaterials Group; Solutions Group; CorporateUSD 13 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance for ~380 positions plus asset impairment and lease cancellation charges recorded in six months ended 2024-06-29; charges by segment: Materials $4.1M, Solutions $8.8M, Corporate $0.3M. Headcount not broken out by segment.
2024-06-29plant_closurein_progress2102025-06-30BelgiumMaterials Grouprestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2023 Plan optimizes European footprint by reducing operations at a Belgium manufacturing facility; severance for ~210 positions plus asset impairment recorded in 2023 (prior year), no additional charges expected; substantially complete by mid-2025.
2024-06-29restructuringin_progress380Various locations across the companyCompany-wideUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges recorded during the six months ended June 29, 2024. Includes severance, asset impairment, and lease cancellation.
2024-06-29restructuringin_progress2102023-07-012025-06-30BelgiumMaterials Grouprestructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2023 Plan approved in Q3 2023 to optimize European footprint. No additional charges anticipated; completion expected by mid-2025.
2024-06-29restructuringin_progress380Various locations across the companyVariousUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges recorded during the six months ended June 29, 2024, consisted of severance and related costs for the reduction of approximately 380 positions, as well as asset impairment and lease cancellation charges.
2024-06-29restructuringin_progress2102023-07-012025-06-30BelgiumMaterials Grouprestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2023 Plan approved in Q3 2023 to optimize European footprint by reducing operations in a manufacturing facility in Belgium. Cumulative charges recorded in 2023. No additional charges anticipated; expected substantially completed by mid-2025.
2024-06-29restructuringin_progress380Other 2023 Actions [Member]USD 13,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-29restructuringin_progressEmployee Severance [Member]USD 6,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-29restructuringin_progressAsset Impairment and Lease Cancellation Charges [Member]USD 900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-30restructuringin_progress100Various locations across the companyMaterials Group; Solutions Group; CorporateUSD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 100 positions reduced in Q1 2024; charges comprise severance, asset impairment and lease cancellation. Segment charge split: Materials $2.5M, Solutions $3.4M, Corporate $0.1M. Severance accrual at quarter-end was $19.3M.
2024-03-30plant_closurein_progress21020232025-06-30BelgiumMaterials Grouprestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2023 Plan to reduce operations at a European manufacturing facility; severance for ~210 positions plus asset impairment, all charged in 2023. No additional charges expected; substantially complete by mid-2025.
2024-03-30restructuringin_progress100Various locations across the companyVariousUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges recorded in Q1 2024 for severance and related costs associated with the reduction of approximately 100 positions.
2024-03-30restructuringin_progress2102023-07-012025-06-30BelgiumMaterials Grouprestructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2023 Plan approved in Q3 2023 to optimize European footprint by reducing operations in a Belgium manufacturing facility. Cumulative charges recorded in 2023. No additional charges anticipated in Q1 2024.
2024-03-30restructuringin_progress100Various locations across the companyVariousUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges consisted of severance and related costs for the reduction of approximately 100 positions.
2024-03-30restructuringin_progress2102023-09-302025-06-30BelgiumMaterials Grouprestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2023 Plan to optimize European footprint by reducing operations in a manufacturing facility in Belgium. Cumulative charges recorded in 2023. No additional charges anticipated.
2024-03-30restructuringin_progress100Other 2023 Actions [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-30restructuringin_progressEmployee Severance [Member]USD 4,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-30restructuringin_progressAsset Impairment and Lease Cancellation Costs [Member]USD 1,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-30restructuringin_progress21020232025-06Belgium (Europe)Materials GroupUSD 30 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Plan approved in Q3 2023 to optimize the European footprint by reducing operations at a Belgian manufacturing facility; 2023 charge comprises severance for roughly 210 positions plus asset impairment charges; expected substantially complete by mid-2025; one component of combined 2023 Actions totaling $79.4 million with approximately $69 million of net savings realized in 2023.
2023-12-30restructuringin_progress1,4502023Global — numerous locations across the companyCompany-wide (Materials Group, Solutions Group and Corporate)USD 49 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
2023 charges (net of reversals) for severance covering roughly 1,450 positions plus asset impairments at numerous locations; severance cash payments of $45.1 million made in 2023 with $27.7 million accrued at fiscal year-end (combined 2023 Actions); no completion timeline disclosed for this component.
2023-12-30acquisition_additioncompletedUnited States (New York; Maryland) and CanadaSolutions GroupUSD 231 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Three completed acquisitions expanding the Solutions Group portfolio: Thermopatch (closed 2023-03-06, New York), Lion Brothers (closed 2023-05-22, Maryland) and Silver Crystal (closed 2023-11-23, Canada); aggregate purchase consideration approximately $231 million including earn-out fair value; no employee headcount disclosed for the acquired businesses.
2023-12-30restructuringin_progress2102023-09-302025-06-30BelgiumMaterials GroupUSD 30 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Approved in the third quarter of 2023 (exact date not disclosed) to optimize the European footprint by reducing operations at a Belgium manufacturing facility; charges include severance and asset impairments; activities expected substantially complete by mid-2025.
2023-12-30restructuringin_progress1,4502023-01-01Multiple locations worldwideCompany-wide (both reportable segments and Corporate)USD 49 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Charges net of reversals for severance and related costs covering approximately 1,450 positions plus asset impairment charges at numerous locations; no single announcement date disclosed, actions taken during fiscal 2023.
2023-12-30acquisition_additioncompleted2023-03-062023-11-23United States and CanadaSolutions GroupUSD 231 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Aggregate purchase consideration of approximately $231 million for Thermopatch (closed 2023-03-06), Lion Brothers (closed 2023-05-22) and Silver Crystal (closed 2023-11-23); headcount added through these acquisitions was not disclosed.
2023-12-30restructuringin_progress2102023-07-012025-06-30EuropeMaterials GroupUSD 30 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2023 Plan to optimize European footprint of Materials Group; reduction of approximately 210 positions.
2023-12-30restructuringin_progress1,4502023-01-01GlobalAll SegmentsUSD 49 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Other 2023 actions; reduction of approximately 1,450 positions across numerous locations.
2023-12-30acquisition_additioncompleted2023-11-23CanadaSolutions Groupbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Silver Crystal Group.
2023-12-30acquisition_additioncompleted2023-05-22United StatesSolutions Groupbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of LG Group, Inc. (Lion Brothers).
2023-12-30acquisition_additioncompleted2023-03-06United StatesSolutions Groupbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Thermopatch, Inc.
2023-12-30restructuringin_progress2102023-07-012025-06-30EuropeMaterials GroupUSD 30 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2023 Plan to optimize European footprint of Materials Group, specifically reducing operations in a manufacturing facility in Belgium. Charges include severance and asset impairment.
2023-12-30restructuringin_progress1,4502023-01-01GlobalVariousUSD 49 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Other 2023 actions. Charges net of reversals consisted of severance and asset impairment at numerous locations.
2023-12-30restructuringin_progress210Restructuring 2023 Actions [Member]USD 30,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progress1,450Other 2023 Actions [Member]USD 49,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progressOperating Segments [Member] / Materials Group Segment [Member]USD 52,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progressOperating Segments [Member] / Solutions Group Segment [Member]USD 23,200,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progressCorporate, Non-Segment [Member]USD 3,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progressUSD 79,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progressEmployee Severance [Member]USD 70,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progressAsset Impairment Charges And Lease Cancellation Costs [Member]USD 8,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-09-30restructuringin_progress2402025-06-30Belgium (Europe)Materials GroupUSD 30 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approved in Q3 2023; exact announcement date not disclosed. Plan targets ~240 positions via reduced operations at a Belgium manufacturing facility; ~210 positions reduced through 2023-09-30. Charge of $30.2M is the nine-month 2023 total (severance plus asset impairment). Activities expected substantially complete by mid-2025.
2023-09-30restructuringin_progress1,160Multiple (numerous locations company-wide)Company-wideUSD 42 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance and related costs for reduction of approximately 1,160 positions across the company during the nine months ended 2023-09-30; exact announcement date and completion date not disclosed. Excludes the separate 2023 Plan (Belgium).
2023-09-30acquisition_additionannounced2023-10-312023-12-31CanadaSolutions Groupsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire Silver Crystal Group (sports apparel customization) entered into October 2023, after quarter end; expected to close in Q4 2023. Headcount added not disclosed. Announcement date shown is the filing date; exact agreement date not specified.
2023-09-30restructuringin_progress2102023-07-012025-06-30BelgiumMaterials GroupUSD 30 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2023 Plan to optimize European footprint; charges include severance and asset impairment.
2023-09-30restructuringin_progress1,1602023-01-01GlobalVariousUSD 42 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Other 2023 actions; charges consist of severance and related costs at numerous locations.
2023-09-30restructuringin_progress2102023-09-302025-06-30BelgiumMaterials GroupUSD 30 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2023 Plan to optimize European footprint; reduction of operations in manufacturing facility. Charges include severance for ~210 positions and asset impairments. Total plan expected to decrease headcount by ~240.
2023-09-30restructuringin_progress1,1602023-09-30GlobalCompany-wideUSD 42 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Other 2023 actions; severance and related costs for reduction of ~1,160 positions at numerous locations.
2023-09-30restructuringin_progress210Restructuring 2023 Actions [Member]USD 30,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-30restructuringin_progress1,160Other 2023 Actions [Member]USD 42,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-30restructuringin_progressEmployee Severance [Member]USD 38,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-30restructuringin_progressAsset Impairment Charges [Member]USD 5,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-07-01restructuringin_progress700Numerous locations worldwidePrimarily Materials Group; headcount reductions across the companyUSD 29 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2023 actions: severance and related costs for reduction of approximately 700 positions; $28.6M charges recorded in six months ended July 1, 2023 (includes $1.7M asset impairment). Filer states 'approximately 700' positions; no announcement date or completion date disclosed. Charge excludes a $(1.0)M reversal on 2019/2020 actions.
2023-07-01restructuringin_progress700GlobalMaterials GroupUSD 29 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges consisted of severance and related costs for reduction of approximately 700 positions at numerous locations. Actions primarily taken in Materials Group, largely related to headcount reductions.
2023-07-01restructuringin_progress7002023-01-01GlobalMaterials GroupUSD 29 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2023 Actions: Reduction of approximately 700 positions at numerous locations. Primarily in Materials Group. Charges consisted of severance and related costs.
2023-07-01restructuringin_progress700Restructuring 2023 Actions [Member]USD 28,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-07-01restructuringin_progressEmployee Severance [Member]USD 8,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-07-01restructuringin_progressAsset Impairment Charges [Member]USD 1,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-04-01restructuringin_progress340Multiple locations worldwidePrimarily Materials Group; headcount reductions across numerous locationsUSD 19 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance and related costs for reduction of ~340 positions; charges comprise $18.1M severance and $0.5M asset impairment. Segment split of total restructuring charges net of reversals (incl. prior-program reversals): Materials Group $14.3M, Solutions Group $3.4M, Corporate $(0.1)M. Accrual at quarter-end $11.1M after $7.2M cash payments. No announcement date or completion date disclosed.
2023-04-01acquisition_additioncompleted2023-03-062023-03-06United States (New York)Solutions Group — Thermopatch, Inc. (labeling, embellishments and transfers)USD 44 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchase consideration ~$44M funded with cash and commercial paper; acquired ~$11M of finite-lived intangibles and $16.8M goodwill. Headcount added through the acquisition not disclosed.
2023-04-01acquisition_additionannounced2023-04-012023-06-30United States (Maryland)Solutions Group — LG Group, Inc. ("Lion Brothers"), apparel brand embellishmentsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement entered into April 2023, subsequent to quarter end; expected to complete in Q2 2023. Purchase consideration and headcount not disclosed. Announcement date approximated to quarter end as only the month (April 2023) is given.
2023-04-01restructuringin_progress3402023-01-01GlobalMaterials GroupUSD 19 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges consisted of severance and related costs for reduction of approximately 340 positions at numerous locations across the company, primarily in Materials Group.
2023-04-01restructuringin_progress3402023-04-01GlobalMaterials GroupUSD 19 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reduction of approximately 340 positions at numerous locations, primarily in Materials Group. Charges consisted of severance and related costs.
2023-04-01restructuringin_progress340Restructuring 2023 Actions [Member]USD 18,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-04-01restructuringin_progressEmployee Severance [Member]USD 17,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-04-01restructuringin_progressAsset Impairment Charges [Member]USD 500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-12-31restructuringin_progress8302019Numerous locations across the company; Materials Group actions in North America and Europe; Solutions Group globalMaterials Group and Solutions GroupUSD 7 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year program begun in Q4 FY2019; figures reflect fiscal 2022 activity only. Charges net of reversals comprised severance for roughly 830 position reductions plus minor asset impairments. Segment split of 2022 charges per segment table: Solutions Group $7.9M, Corporate $0.8M, Materials Group $(1.0)M net reversal; total $7.7M. Cash severance payments of $13.4M in 2022; severance accrual of $5.1M remained at year-end. Position count given only on a consolidated basis, so no segment sub-records emitted.
2022-12-31restructuringin_progress830Global (numerous locations, including North America and Europe)Materials Group and Solutions Group (both reportable segments) and CorporateUSD 7 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2019/2020 actions; $7.3M net of reversals recorded in FY2022 for severance and related costs for reduction of approximately 830 positions plus asset impairment charges. Program began Q4 fiscal 2019 and continued through fiscal 2022; $5.1M severance accrual remained at year-end. Materials Group actions tied to North America consolidations and European graphics consolidation; Solutions Group actions were global headcount and footprint reduction.
2022-12-31acquisition_additioncompleted2022-012022-01Switzerland and Netherlands (acquired entities)Solutions GroupUSD 35 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
TexTrace AG and Rietveld completed January 2022; aggregate purchase consideration approximately $35 million, funded with cash and commercial paper. Headcount added not disclosed; includes earn-out payments of up to $30 million.
2022-12-31acquisition_additionannounced2023-012023-03-31United States (New York)Solutions Groupsubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement entered January 2023 to acquire Thermopatch, Inc.; expected to complete in Q1 2023. Purchase price and headcount not disclosed.
2022-12-31restructuringcompleted8302019-10-012022-12-31GlobalMaterials Group and Solutions GroupUSD 7 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2019/2020 actions. Charges recorded in 2022 were $7.3 million, net of reversals, for reduction of approximately 830 positions. Activities continued through fiscal year 2022.
2022-12-31restructuringcompleted8302019-10-012022-12-31GlobalMaterials Group; Solutions GroupUSD 7 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2019/2020 Actions: Severance and related costs for reduction of approximately 830 positions and asset impairment charges. Activities continued through fiscal year 2022.
2022-12-31restructuringin_progress830Restructuring 2019 2020 Actions [Member]USD 7,300,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progressOperating Segments [Member] / Materials Group Segment [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progressOperating Segments [Member] / Solutions Group Segment [Member]USD 7,900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progressCorporate, Non-Segment [Member]USD 800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progressUSD 7,700,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progressEmployee Severance [Member]USD 7,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progressAsset Impairment Charges And Lease Cancellation Costs [Member]USD 100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-10-01restructuringin_progress430GlobalPrimarily Retail Branding and Information Solutions (RBIS); global headcount and footprint reductionsUSD 9 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative positions reduced during the nine months ended 2022-10-01 under the ongoing 2019/2020 program; charges comprise $8.7M severance and related costs plus $0.1M asset impairment and lease cancellation costs. Accruals for severance and lease cancellation were not material at period end. Program announcement date and completion date not disclosed in this filing.
2022-10-01restructuringin_progress430GlobalRetail Branding and Information SolutionsUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019/2020 actions; charges recorded in nine months ended Oct 1, 2022; primarily global headcount and footprint reductions.
2022-10-01restructuringin_progress430GlobalRetail Branding and Information SolutionsUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019/2020 Actions: Reduction of approximately 430 positions at numerous locations, primarily in RBIS segment, related to global headcount and footprint reductions.
2022-10-01restructuringin_progress430Restructuring 2019 2020 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2022-07-02restructuringin_progress220GlobalPrimarily Retail Branding and Information Solutions (RBIS); global headcount and footprint reductionsUSD 4 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Positions reduced at numerous locations during the six months ended July 2, 2022; severance and related costs accruals were not material at quarter-end. Program originated in 2019/2020; no announcement date or completion target stated in this filing.
2022-07-02restructuringin_progress220GlobalRetail Branding and Information SolutionsUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of 2019/2020 actions; charges recorded in six months ended July 2, 2022.
2022-07-02restructuringin_progress220GlobalRetail Branding and Information SolutionsUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019/2020 Actions: Reduction of approximately 220 positions at numerous locations, primarily in RBIS segment, related to global headcount and footprint reductions.
2022-07-02restructuringin_progress220Restructuring 2019 2020 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2022-04-02restructuringin_progress20GlobalPrimarily Retail Branding and Information Solutions (RBIS); global headcount and footprint reductionsUSD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance and related costs for roughly 20 positions at numerous locations recorded in Q1 2022 under the ongoing 2019/2020 action program; accruals for severance and lease cancellation costs were not material at quarter-end. Announcement date not disclosed.
2022-04-02acquisition_additioncompletedSwitzerland and NetherlandsRetail Branding and Information Solutions (RBIS)USD 35 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
TexTrace AG and Rietveld completed during January 2022; aggregate purchase consideration approximately $35 million, funded with cash and commercial paper. No headcount added disclosed; earn-out payments of up to $30 million may follow.
2022-04-02restructuringin_progress20GlobalRetail Branding and Information Solutions (RBIS)USD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of 2019/2020 actions. Charges consisted of severance and related costs for reduction of approximately 20 positions at numerous locations. Actions primarily taken in RBIS segment, largely related to global headcount and footprint reductions.
2022-04-02restructuringin_progress20GlobalRetail Branding and Information SolutionsUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reduction of approximately 20 positions at numerous locations, primarily in RBIS segment, related to global headcount and footprint reductions.
2022-04-02restructuringin_progress20Restructuring 2019 2020 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2022-01-01restructuringin_progress3602019North America and Europe (LGM); global (RBIS)Primarily LGM and RBIS reportable segmentsUSD 13 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2021 activity under the 2019/2020 program begun in Q4 fiscal 2019; roughly 360 positions reduced. Charges net of reversals comprised $10.3M severance, $2.4M asset impairments, $0.6M lease cancellations; segment split LGM $3.4M, RBIS $7.6M, IHM $1.6M, Corporate $1.0M. LGM actions tied to North America consolidations and European graphics business; RBIS to global headcount/footprint reduction, partly accelerated by COVID-19.
2022-01-01acquisition_additioncompleted2021-08-31United StatesRBISbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired CB Velocity Holdings (Vestcom), a shelf-edge pricing solutions provider, for $1.47 billion; headcount added not disclosed.
2022-01-01acquisition_additioncompleted2021-03-01United StatesIHMbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired JDC Solutions, a Tennessee-based pressure-sensitive specialty tapes maker; headcount not disclosed.
2022-01-01acquisition_additioncompleted2021-03-18United StatesRBISbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired ZippyYum, a California-based food-service software developer; headcount not disclosed. Combined with JDC, aggregate consideration approximately $43 million including ~$12M earn-out fair value.
2022-01-01restructuringin_progress360GlobalPrimarily LGM and RBISUSD 13 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2021 activity within multi-year 2019/2020 restructuring program; charges include severance and asset impairments. Program began Q4 2019 and continued through FY2021.
2022-01-01acquisition_additioncompleted2021-08-31United StatesRBISUSD 1,470 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of CB Velocity Holdings, LLC (Vestcom) for $1.47 billion purchase consideration; headcount added not disclosed.
2022-01-01acquisition_additioncompleted2021-03-18United StatesRBISbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of net assets of ZippyYum, LLC; part of aggregate $43 million consideration for Other 2021 Acquisitions; headcount added not disclosed.
2022-01-01acquisition_additioncompleted2021-03-01United StatesIHMbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of JDC Solutions, Inc.; part of aggregate $43 million consideration for Other 2021 Acquisitions; headcount added not disclosed.
2022-01-01restructuringcompleted3602019-10-012022-01-01GlobalLGM, RBISUSD 13 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2019/2020 actions. Charges consisted of severance and related costs for reduction of approximately 360 positions and asset impairment charges. Activities began in Q4 2019 and continued through FY 2021.
2022-01-01restructuringcompleted3602019-10-012022-01-01GlobalLGM, RBISUSD 13 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2019/2020 Actions: Severance and related costs for reduction of approx 360 positions and asset impairment charges. Activities continued through fiscal year 2021.
2022-01-01restructuringin_progress360Restructuring20192020 Actions [Member]restructuring_footnote
f5-10k / no-ai-xblr
2021-10-02restructuringin_progress235Multiple locations globallyPrimarily Retail Branding and Information Solutions (RBIS); global headcount and footprint reductionsUSD 7 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative positions reduced during the nine months ended 2021-10-02 under the ongoing 2019/2020 program; some actions accelerated or expanded in response to COVID-19. Severance accrual was $9.8M at period end. Not broken out by quarter.
2021-10-02acquisition_additioncompleted2021-07-272021-08-31United States (Arkansas-based)Retail Branding and Information Solutions (RBIS)USD 1,460 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of CB Velocity Holdings, LLC for $1.46B completed 2021-08-31; merger agreement entered 2021-07-27. Headcount added not disclosed; charge value shown is purchase price, not a workforce charge.
2021-10-02acquisition_additioncompleted2021-03-18United States (California and Tennessee)RBIS (ZippyYum) and Industrial and Healthcare Materials (JDC Solutions)USD 43 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Aggregate purchase consideration of ~$43M including ~$12M estimated earn-out fair value; includes contingent consideration liabilities of $10.4M at period end. Headcount added not disclosed.
2021-10-02restructuringin_progress235GlobalPrimarily Retail Branding and Information SolutionsUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges recorded during the nine months ended October 2, 2021 related to 2019/2020 actions. Includes severance and related costs for reduction of approximately 235 positions at numerous locations across the company, primarily in RBIS segment. Actions related to global headcount and footprint reductions, with some accelerated or expanded in response to COVID-19.
2021-10-02restructuringin_progress235GlobalRetail Branding and Information Solutions; CorporateUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019/2020 Actions: Reduction of approximately 235 positions primarily in RBIS segment. Charges consisted of severance and related costs. Actions related to global headcount and footprint reductions.
2021-10-02restructuringin_progress235Restructuring20192020 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2021-07-03restructuringin_progress160Multiple locations worldwidePrimarily Retail Branding and Information Solutions; global headcount and footprint reductionsUSD 5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Positions reduced during the six months ended July 3, 2021 under a program begun in 2019/2020; some actions accelerated or expanded in response to COVID-19. Severance accrual was $13.7M at July 3, 2021. Announcement date not disclosed in this filing.
2021-07-03acquisition_additioncompleted2021-03-18United States (California)Retail Branding and Information Solutionsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of net assets of ZippyYum, LLC completed 2021-03-18; headcount added not disclosed. Part of the 2021 Acquisitions with aggregate purchase consideration of approximately $43M.
2021-07-03acquisition_additioncompleted2021-03-01United States (Tennessee)Industrial and Healthcare Materialsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of stock of JDC Solutions, Inc. completed 2021-03-01; headcount added not disclosed. Part of the 2021 Acquisitions with aggregate purchase consideration of approximately $43M.
2021-07-03acquisition_additionannounced2021-07-272021-09-30United States (Arkansas)Retail Branding and Information Solutionssubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire Vestcom for $1.45 billion signed 2021-07-27, after quarter close; expected to close in Q3 2021 subject to regulatory approvals. Headcount added not disclosed; to be funded with cash and debt.
2021-07-03restructuringin_progress160GlobalRetail Branding and Information Solutions (primarily)USD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019/2020 Actions: Severance and related costs for reduction of approximately 160 positions. Actions primarily related to global headcount and footprint reductions, with some accelerated or expanded in response to COVID-19.
2021-07-03restructuringin_progress160GlobalRetail Branding and Information SolutionsUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019/2020 Actions: Reduction of approximately 160 positions at numerous locations, primarily in RBIS segment. Charges consisted of severance and related costs.
2021-07-03restructuringin_progress160Restructuring20192020 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2021-04-03restructuringin_progress100Numerous locations globallyPrimarily Retail Branding and Information Solutions (RBIS); actions across LGM, RBIS and CorporateUSD 3 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 100 positions reduced in Q1 2021 under the pre-existing 2019/2020 program; $2.7M charge comprises $2.4M severance and related costs plus $0.3M asset impairment. Severance accrual rolled from $28.3M at Jan 2, 2021 to $19.4M at Apr 3, 2021 after $11.0M cash payments. Segment split of net charges: LGM $0.7M, RBIS $1.6M, IHM $0.0M, Corporate $0.6M (total $2.9M net of reversals). Some actions accelerated in response to COVID-19.
2021-04-03acquisition_additioncompleted2021-03-012021-03-01United States (Tennessee)Industrial and Healthcare Materials (IHM) — pressure-sensitive specialty tapes manufacturingbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Stock acquisition completed March 1, 2021; part of the 2021 Acquisitions with aggregate purchase consideration of approximately $42 million. No employee headcount for the acquired business is disclosed.
2021-04-03acquisition_additioncompleted2021-03-182021-03-18United States (California)Retail Branding and Information Solutions (RBIS) — food service software productsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Net assets acquisition completed March 18, 2021; part of the 2021 Acquisitions with aggregate purchase consideration of approximately $42 million (including approximately $12 million accrued for earn-out payments of up to approximately $13 million). No employee headcount for the acquired business is disclosed.
2021-04-03restructuringin_progress100GlobalRetail Branding and Information Solutions (primarily)USD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges related to 2019/2020 actions; primarily global headcount and footprint reductions accelerated due to COVID-19.
2021-04-03restructuringin_progress100GlobalRetail Branding and Information SolutionsUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reduction of approximately 100 positions primarily in RBIS segment; charges consist of severance and related costs.
2021-04-03restructuringin_progress100Restructuring20192020 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2021-01-02restructuringin_progress2,160Numerous locations globally; LGM actions primarily North America and Europe (graphics business); RBIS actions globalPrimarily LGM and RBIS; also IHM and CorporateUSD 56 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Fiscal 2020 activity under the multi-year 2019/2020 program (fiscal 2019 component of ~370 positions / $25.2M is prior-year and not extracted). $56M of charges net of reversals comprised $49.8M severance and related costs for the ~2,160 position reduction plus $6.2M asset impairment charges; recorded in Other expense (income), net. Severance accrual of $28.3M for these actions remained at 2021-01-02, indicating payments still in progress. Segment split of total 2020 restructuring charges (including a small 2018/2019 reversal): LGM $27.9M, RBIS $18.7M, IHM $8.4M, Corporate $0.3M. LGM actions were consolidations of North America operations and of the European graphics business, partly in response to COVID-19; RBIS actions were global headcount and footprint reduction, some accelerated/expanded due to COVID-19.
2021-01-02acquisition_additioncompleted2020-02-28Retail Branding and Information Solutions (RFID inlays)USD 255 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquisition of Smartrac's Transponder (RFID Inlay) division, a manufacturer of RFID products, completed February 28, 2020 for approximately $255 million (EUR 232 million); initially funded via commercial paper. No employee headcount added was disclosed.
2021-01-02acquisition_additioncompleted2020-12-31United StatesLabel and Graphic Materials (North America)USD 88 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquisition of ACPO, Ltd., an Ohio-based manufacturer of self-wound (linerless) pressure-sensitive overlaminate products, completed December 31, 2020 for approximately $88 million. No employee headcount added was disclosed.
2021-01-02acquisition_additionannounced2021-02United StatesIndustrial and Healthcare MaterialsUSD 24 (millions)subsequent_events
f5-10k / GLM-5.3-flash-HTML
In February 2021 the company announced an agreement to acquire JDC Solutions, Inc., a Tennessee-based manufacturer of pressure-sensitive specialty tapes, for approximately $24 million, subject to customary adjustments; completion expected in the first quarter of 2021. No employee headcount disclosed.
2021-01-02restructuringin_progress2,160GlobalLGM and RBISUSD 56 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2020 activity within multi-year 2019/2020 program; severance for ~2,160 positions plus asset impairments; LGM actions tied to North America and European graphics consolidations, RBIS actions to global headcount and footprint reduction, some accelerated due to COVID-19
2021-01-02acquisition_additioncompleted2020-02-28GlobalRBISUSD 255 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition completed February 28, 2020 for ~$255M (€232M); headcount added not disclosed
2021-01-02acquisition_additioncompleted2020-12-31United StatesLGMUSD 88 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Ohio-based linerless overlaminate manufacturer acquired December 31, 2020 for ~$88M; headcount added not disclosed
2021-01-02acquisition_additionannounced2021-02-012021-03-31United StatesIHMUSD 24 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement announced February 2021 (post fiscal year-end) to acquire Tennessee-based specialty tapes manufacturer for ~$24M; expected completion Q1 2021; headcount not disclosed
2021-01-02restructuringcompleted2,1602019-01-012021-01-02GlobalLGM, RBISUSD 56 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2019/2020 actions. Charges recorded in FY2020. Includes consolidations in North America and Europe (LGM) and global headcount reduction (RBIS).
2021-01-02restructuringcompleted3702019-01-012020-01-01GlobalLGM, RBISUSD 25 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2019/2020 actions. Charges recorded in FY2019.
2021-01-02restructuringcompleted1502018-04-012019-06-30EuropeLGMrestructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2018 Plan. Net reduction of 150 positions. Substantially completed by Q2 2019.
2021-01-02restructuringcompleted4902018-01-012020-01-01GlobalVariousUSD 28 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Other 2018/2019 actions. Charges recorded in FY2019.
2021-01-02restructuringcompleted2,1602019-01-012021-01-02GlobalLGM, RBISUSD 56 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2019/2020 Actions: Reduction of approximately 2,160 positions. Charges of $56 million recorded in FY2020. Primarily LGM and RBIS segments.
2021-01-02restructuringcompleted3702019-01-012020-12-31GlobalLGM, RBISUSD 25 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2019/2020 Actions: Reduction of approximately 370 positions. Charges of $25.2 million recorded in FY2019.
2021-01-02restructuringcompleted1502018-04-012019-06-30EuropeLGMrestructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2018 Plan: Net reduction of approximately 150 positions (390 reduced, partially offset by additions). Substantially completed by Q2 2019. FY2020 reversals not material.
2021-01-02restructuringcompleted4902018-01-012019-12-31GlobalOtherUSD 28 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Other 2018/2019 Actions: Reduction of approximately 490 positions. Charges of $28.2 million recorded in FY2019.
2021-01-02restructuringin_progress2,160Restructuring20192020 Actions [Member]restructuring_footnote
f5-10k / no-ai-xblr
2020-09-26restructuringin_progress2,050Numerous locations globallyPrimarily Label and Graphic Materials and Retail Branding and Information Solutions; also Industrial and Healthcare MaterialsUSD 53 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 2,050 positions reduced during the nine months ended 2020-09-26; includes $6.2M asset impairment. Charges net of reversals by segment: LGM $27.6M, RBIS $16.6M, IHM $8.6M, Corporate $(0.2)M. Narrative states $52.7M; table total is $52.6M. LGM actions tied to European graphics consolidation; RBIS actions included COVID-19-driven headcount and footprint reductions.
2020-09-26acquisition_additioncompleted2020-02-282020-02-28Retail Branding and Information Solutions (RFID)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Smartrac's Transponder (RFID Inlay) division completed 2020-02-28 for approximately $255 million (€238 million); acquired headcount not disclosed.
2020-09-26restructuringin_progress2,050GlobalLabel and Graphic Materials; Retail Branding and Information SolutionsUSD 53 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019/2020 Actions. Charges consisted of severance and related costs for reduction of approximately 2,050 positions. Actions in LGM associated with consolidation of graphics business in Europe. Actions in RBIS related to global headcount and footprint reduction, accelerated in response to COVID-19.
2020-09-26restructuringin_progress2,050GlobalLabel and Graphic Materials; Retail Branding and Information SolutionsUSD 53 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019/2020 Actions: Reduction of approx. 2,050 positions. LGM actions associated with consolidation of graphics business in Europe; RBIS actions related to global headcount and footprint reduction. Some actions accelerated/expanded in response to COVID-19.
2020-09-26restructuringin_progress2,050Restructuring20192020 Actions [Member]USD 52,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-27restructuringin_progress1,750Global; numerous locationsPrimarily Label and Graphic Materials (European graphics consolidation) and Retail Branding and Information Solutions (global headcount and footprint reduction)USD 42 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 1,750 positions reduced during the six months ended June 27, 2020; some RBIS actions accelerated or expanded in response to COVID-19. Charge is for 2019/2020 actions only; total charges net of reversals across all programs were $41.7M YTD. No announcement date or completion date disclosed.
2020-06-27acquisition_additioncompleted2020-02-282020-02-28Retail Branding and Information Solutions (RFID inlay business)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Smartrac's Transponder (RFID Inlay) division for approximately $255 million completed February 28, 2020; no headcount added disclosed.
2020-06-27restructuringin_progress1,750GlobalLabel and Graphic Materials; Retail Branding and Information SolutionsUSD 42 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges recorded for six months ended June 27, 2020 related to 2019/2020 actions. Includes consolidation of graphics business in Europe and global headcount reduction in RBIS, partially accelerated due to COVID-19.
2020-06-27restructuringcompletedGlobalVariousUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Net restructuring reversals recorded for six months ended June 27, 2020 related to 2018/2019 actions.
2020-06-27restructuringin_progress1,750GlobalLabel and Graphic Materials; Retail Branding and Information SolutionsUSD 42 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019/2020 Actions: Reduction of approx. 1,750 positions. LGM actions primarily associated with consolidation of graphics business in Europe. RBIS actions related to global headcount and footprint reduction. Some actions accelerated/expanded in response to COVID-19.
2020-06-27otherin_progressGlobalAll SegmentsMD&A
f5-10q / Qwen3.6-27B-Q8_0
Temporary cost saving actions to offset COVID-19 impact, including hiring freezes, overtime/temporary labor reductions, shift reductions, furloughs, and temporary production shutdowns. Estimated aggregate net savings of approx. $150 million.
2020-06-27restructuringin_progress1,750Restructuring20192020 Actions [Member]USD 41,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-28restructuringin_progress60Consolidated (charges by segment: Label and Graphic Materials $0.4M; Retail Branding and Information Solutions $1.5M; Industrial and Healthcare Materials $0.5M)USD 3 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance and related costs recorded in Q1 2020 for reduction of approximately 60 positions; remaining accrual $20.0M at quarter-end
2020-03-28restructuringin_progressConsolidated (2018/2019 Actions)USD 0 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Net restructuring reversal of $0.2M in Q1 2020; remaining accrual $0.7M (severance $0.4M, lease cancellation $0.3M) at quarter-end
2020-03-28acquisition_additioncompleted2020-02-282020-02-28Label and Graphic Materials; Retail Branding and Information Solutions (RFID inlay business)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Smartrac's Transponder (RFID Inlay) division for approximately $253 million; no headcount added disclosed
2020-03-28otherin_progressGlobalAll segments; particularly Retail Branding and Information SolutionsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
COVID-19 response: furloughs, shift reductions, temporary production shutdowns, hiring freezes, salary continuation during closures; no employee counts quantified
2020-03-28restructuringin_progress60USD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019/2020 Actions: Reduction of approximately 60 positions with $2.6 million in severance charges recorded in Q1 2020.
2020-03-28acquisition_additioncompleted2020-02-28Label and Graphic Materials; Retail Branding and Information SolutionsUSD 253 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Smartrac Transponder division completed Feb 28, 2020 for approx $253 million. Headcount not explicitly disclosed.
2020-03-28restructuringin_progress60USD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019/2020 Actions: Severance and related costs for reduction of approximately 60 positions.
2020-03-28restructuringin_progressUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2018/2019 Actions: Net restructuring reversals recorded.
2020-03-28restructuringin_progress60Restructuring20192020 Actions [Member]USD 2,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-12-28restructuringin_progress370USD 25 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Charges recorded during fiscal 2019, consisting of severance for approximately 370 positions ($21.9 million accrued at year-end 2019) and $3.3 million of asset impairment charges. Labeled 2019/2020 actions, implying continuation into 2020; specific announcement and completion dates not disclosed.
2019-12-28restructuringcompleted3902018-04EuropeLabel and Graphic Materials (LGM)USD -2 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Board-approved plan (April 2018) to consolidate the European LGM footprint, including closure of a manufacturing facility; headcount reduction of approximately 390 positions including temporary labor, partially offset by additions in other locations for a net reduction of approximately 150. Fiscal 2019 activity was net restructuring reversals of $2.3 million; cumulative charges of $55.2 million were recorded in fiscal 2018. Activities substantially completed as of the end of Q2 2019.
2019-12-28restructuringin_progress490USD 28 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Fiscal 2019 charges of $28.2 million, consisting of severance for approximately 490 positions plus asset impairment charges. An initial $4.2 million for approximately 85 positions was recorded in Q4 2018 under the same action family (prior-year activity, not double-counted). Severance accrual of $6.5 million remained at year-end 2019; completion date not disclosed.
2019-12-28restructuringin_progress370USD 25 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fiscal 2019 charges under the 2019/2020 actions for severance and related costs covering roughly 370 position reductions, plus asset impairment charges; program spans fiscal 2019 and 2020.
2019-12-28restructuringin_progress490USD 28 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fiscal 2019 charges for other 2018/2019 actions (program approved in 2018) covering severance for approximately 490 position reductions plus asset impairment charges; fiscal 2019 activity only.
2019-12-28restructuringcompleted3902018-042019-06-30EuropeLabel and Graphic MaterialsUSD -2 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2018 Plan to consolidate the European LGM footprint, including closure of a manufacturing facility; headcount reduction of about 390 positions (net roughly 150 after additions elsewhere) was largely effected in fiscal 2018. Fiscal 2019 activity consisted of $2.3M net reversals; program substantially completed by end of Q2 2019.
2019-12-28acquisition_additionannounced2019-112020-03-31Retail Branding and Information Solutions (RFID)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement announced in November 2019 to acquire Smartrac's Transponder (RFID Inlay) division for approximately $250 million (€225 million), expected to close in Q1 2020; no headcount for the acquired business disclosed.
2019-12-28restructuringcompleted3702019-01-012019-12-28GlobalMultiple segmentsUSD 25 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2019/2020 Actions: Reduction of approximately 370 positions. Charges consisted of severance and related costs, as well as asset impairment charges.
2019-12-28restructuringcompleted4902018-01-012019-12-28GlobalMultiple segmentsUSD 28 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Other 2018/2019 Actions: Reduction of approximately 490 positions. Charges consisted of severance and related costs, as well as asset impairment charges.
2019-12-28restructuringcompleted1502018-04-012019-06-30EuropeLabel and Graphic MaterialsUSD -2 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2018 Plan: Net reduction of approximately 150 positions (gross reduction of 390 partially offset by additions). Net reversal of $2.3 million recorded in 2019. Activities substantially completed by end of Q2 2019.
2019-12-28restructuringcompleted3702019-01-012019-12-28GlobalVariousUSD 25 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Reduction of approximately 370 positions. Charges consisted of severance and related costs, as well as asset impairment charges.
2019-12-28restructuringcompleted4902018-01-012019-12-28GlobalVariousUSD 28 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Reduction of approximately 490 positions. Charges consisted of severance and related costs, as well as asset impairment charges. Part of 2018/2019 actions.
2019-12-28restructuringcompleted1502018-04-012019-06-30EuropeLabel and Graphic MaterialsUSD -2 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Net reduction of approximately 150 positions from the 2018 Plan. Recorded net $2.3 million in restructuring reversals in 2019. Activities substantially completed as of end of second quarter 2019.
2019-12-28restructuringin_progress370Restructuring20192020 Actions [Member]USD 25,200,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progress490Restructuring20182019 Actions [Member]USD 28,200,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2019-09-28plant_closurecompleted3452018-04-012019-06-29EuropeLabel and Graphic Materialsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2018 Plan: closure of one European manufacturing facility; gross reduction of about 400 positions, net about 150 after additions elsewhere. Cumulative severance for about 345 positions through Q3 2019; net $0.8M reversals recorded YTD 2019; activities substantially completed end of Q2 2019.
2019-09-28restructuringin_progress320USD 23 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Other 2018/2019 Actions: severance for about 320 positions plus asset impairment and lease cancellation costs recorded in the nine months ended September 28, 2019; no announcement date, geography, or segment breakdown disclosed.
2019-09-28restructuringcompleted2018-12-31restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2015/2016 Actions: only $0.7M of restructuring reversals recorded in the nine months ended September 28, 2019; activities substantially completed in 2018 and no employee count disclosed for the current period.
2019-09-28restructuringin_progress3452018-04-01EuropeLabel and Graphic Materialsrestructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2018 Plan to consolidate European footprint; activities substantially completed as of end of Q2 2019. Net restructuring reversals of $0.8 million recorded in nine months ended Sept 28, 2019.
2019-09-28restructuringin_progress320GlobalVariousUSD 23 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Other 2018/2019 Actions. Charges consisted of severance and related costs, asset impairment charges, and lease cancellation costs.
2019-09-28restructuringcompleted2015-07-01GlobalVariousrestructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2015/2016 Actions. Activities and related charges substantially completed in 2018. Net restructuring reversals of $0.7 million recorded in nine months ended Sept 28, 2019.
2019-09-28restructuringin_progress320USD 23 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges related to 'other 2018/2019 Actions' recorded during the nine months ended Sept 28, 2019. Consisted of severance for approx 320 positions, asset impairment, and lease cancellation costs.
2019-09-28restructuringcompleted2018-04-012019-06-30EuropeLabel and Graphic MaterialsUSD -1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2018 Plan to consolidate European footprint. Net restructuring reversals of $0.8M recorded in Q3 2019. Activities substantially completed as of end of Q2 2019.
2019-09-28restructuringcompleted2015-09-012018-12-31USD -1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2015/2016 Actions. Net restructuring reversals of $0.7M recorded in Q3 2019. Activities substantially completed in 2018.
2019-09-28restructuringin_progress320Restructuring20182019 Actions [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-28restructuringin_progress345Restructuring2018 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2019-06-29restructuringcompleted3452018-04-012019-06-29EuropeLabel and Graphic Materialsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2018 Plan: consolidation of European footprint including closure of one manufacturing facility; plan targeted ~400 gross position reductions (~150 net). Cumulative ~345 positions reduced through Q2 2019; activities substantially complete at quarter end. Six months 2019 recorded net $0.9M restructuring reversals under this plan; no separate period charge disclosed.
2019-06-29restructuringin_progress330USD 20 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Other 2018/2019 Actions: charges during six months ended June 29, 2019 for severance and related costs covering ~330 position reductions plus lease cancellation costs. No announcement date or completion date disclosed.
2019-06-29restructuringcompleted2018-12-31restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2015/2016 Actions: activities and related charges/payments substantially completed in 2018; only $0.7M of restructuring reversals recorded in the six months ended June 29, 2019. No employee count disclosed for this program.
2019-06-29restructuringin_progress3452018-04-01EuropeLabel and Graphic Materialsrestructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2018 Plan to consolidate European footprint; activities substantially complete as of end of Q2 2019. Net reduction expected to be 150 positions after offsetting additions.
2019-06-29restructuringin_progress330USD 20 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Other 2018/2019 Actions recorded during six months ended June 29, 2019. Charges consist of severance and lease cancellation costs.
2019-06-29restructuringin_progress3452018-04-01EuropeLabel and Graphic Materialsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2018 Plan to consolidate European footprint; cumulative charges through Q2 2019 for reduction of approx. 345 positions. Activities substantially complete as of end of Q2 2019.
2019-06-29restructuringin_progress330USD 20 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Other 2018/2019 Actions; charges recorded during six months ended June 29, 2019 for reduction of approx. 330 positions.
2019-06-29restructuringin_progress330Restructuring20182019 Actions [Member]USD 19,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-30plant_closurein_progress4002018-04-012019-12-31EuropeLabel and Graphic Materialsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2018 Plan consolidates LGM's European footprint via closure of one manufacturing facility: ~400 gross position reductions, partially offset by additions elsewhere for a net reduction of ~150. Cumulative severance through Q1 2019 covered ~345 positions; Q1 2019 recorded net $1.9M restructuring reversals under this plan. Announcement month stated as April 2018 (day not disclosed).
2019-03-30restructuringin_progress140USD 13 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Separate from the 2018 Plan: $12.9M of charges in Q1 2019 for severance covering ~140 positions plus lease cancellation costs. Announcement date and completion timing not disclosed.
2019-03-30restructuringcompletedUSD 0 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Legacy program initiated Q3 2015; Q1 2019 recorded $0.3M of restructuring reversals. Activities substantially completed in 2018; no employee count disclosed for the quarter.
2019-03-30restructuringin_progress140GlobalMultiple segmentsUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges related to 'other 2018/2019 Actions' consisting of severance and lease cancellation costs for approximately 140 positions.
2019-03-30restructuringin_progress2018-04-012019-12-31EuropeLabel and Graphic MaterialsUSD -2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2018 Plan to consolidate European footprint. Net restructuring reversals of $1.9M recorded in Q1 2019. Plan expected to be substantially complete by end of 2019.
2019-03-30restructuringin_progress140USD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges related to 'other 2018/2019 Actions' consisting of severance and related costs for reduction of approx. 140 positions, as well as lease cancellation costs.
2019-03-30restructuringin_progress2018-04-012019-12-31EuropeLabel and Graphic MaterialsUSD -2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2018 Plan to consolidate European footprint. Recorded net $1.9 million in restructuring reversals during Q1 2019. Plan expected to be substantially complete by end of 2019.
2019-03-30restructuringin_progress140Restructuring20182019 Actions [Member]USD 12,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-12-29restructuringin_progress4002018-042019-12-31EuropeLabel and Graphic Materials (LGM)USD 55 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Plan approved in April 2018 to consolidate the European footprint of the LGM segment, including closure of a manufacturing facility in Germany with operations consolidated into Luxembourg and Belgium. Expected gross headcount reduction of approximately 400 positions, partially offset by headcount additions in other locations for a net reduction of approximately 150. Fiscal 2018 charges (net of reversals) covered approximately 345 positions to date and comprise severance plus asset impairment charges. Annualized savings of approximately $25 million anticipated beginning in H2 2019; the vast majority of cash payments expected in 2019.
2018-12-29restructuringin_progress852018USD 4 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Distinct from the 2018 Plan; charges recorded in the fourth quarter of fiscal 2018 for severance and related costs covering approximately 85 positions plus asset impairment charges. Incremental savings of approximately $35 million (net of transition costs) and cash restructuring costs of at least $20 million anticipated in 2019, primarily related to these actions.
2018-12-29restructuringcompleted62520152018-12-29USD 14 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year program initiated in the third quarter of fiscal 2015. The approximately 625 positions are those described as covered by fiscal 2018 charges; fiscal 2018 charges of $14.3 million (net of reversals) comprised severance and related costs, lease cancellation costs, and asset impairment charges. Activities, charges, and payments were substantially completed in 2018; approximately $30 million of savings was realized in 2018 net of transition costs. Prior-year activity under the same program (fiscal 2017 charges covering approximately 920 positions and fiscal 2016 charges covering approximately 440 positions) is disclosed as comparative history and not extracted as current-year action data.
2018-12-29restructuringin_progress4002018-042019-12-31EuropeLabel and Graphic MaterialsUSD 55 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2018 Plan: consolidation of the European LGM footprint involving closure of one manufacturing facility. Headcount reduction of approximately 400 positions, partially offset by additions elsewhere for a net reduction of approximately 150. Approximately 345 positions had been reduced as of fiscal year-end; $55.2M in charges net of reversals recorded in FY2018, consisting of severance and asset impairments. Annualized savings of approximately $25 million expected beginning in 2H 2019. Announcement month only disclosed (April 2018).
2018-12-29restructuringin_progress852018-12USD 4 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Separate from the 2018 Plan: $4.2M of restructuring charges recorded in Q4 2018 for severance covering approximately 85 positions plus asset impairment charges. Filer does not disclose a specific announcement date or geography; quarter of recording used as announcement date.
2018-12-29restructuringcompleted6252015-092018-12-29USD 14 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Multi-year program initiated in Q3 2015. Only FY2018 activity captured: $14.3M of charges net of reversals covering approximately 625 positions, plus lease cancellation and asset impairment charges. Activities and related charges/payments substantially completed during 2018. Announcement date reflects program initiation quarter (month approximate).
2018-12-29restructuringin_progress3452018-04-012019-12-31EuropeLabel and Graphic MaterialsUSD 55 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2018 Plan associated with consolidation of European footprint of LGM segment. Charges net of reversals. Expected annualized savings of $25 million beginning in second half of 2019.
2018-12-29restructuringin_progress852018-10-01USD 4 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Additional 2018/2019 Actions recorded in fourth quarter 2018.
2018-12-29restructuringcompleted6252015-07-012018-12-29USD 14 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2015/2016 Actions. Charges recorded in fiscal year 2018 net of reversals. Activities and related charges substantially completed in 2018.
2018-12-29restructuringin_progress3452018-042019-12-31EuropeLabel and Graphic MaterialsUSD 55 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2018 Plan: Consolidation of European footprint. Charges include severance for 345 positions and asset impairments. Net reduction expected to be 150 positions due to offsetting additions.
2018-12-29restructuringin_progress852018-10GlobalOtherUSD 4 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2018/2019 Actions: Severance for 85 positions and asset impairments recorded in Q4 2018.
2018-12-29restructuringcompleted6252015-092018-12-29GlobalGlobalUSD 14 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2015/2016 Actions: Charges recorded in 2018 for severance of 625 positions, lease cancellations, and asset impairments. Activities substantially completed in 2018.
2018-12-29restructuringin_progress625Restructuring20152016 Actions [Member]restructuring_footnote
f5-10k / no-ai-xblr
2018-12-29restructuringin_progress345Restructuring2018 Actions [Member]restructuring_footnote
f5-10k / no-ai-xblr
2018-12-29restructuringin_progress85Restructuring20182019 Actions [Member]restructuring_footnote
f5-10k / no-ai-xblr
2018-09-29restructuringin_progress3502018-042019-12-31EuropeLabel and Graphic MaterialsUSD 55 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Filer discloses a planned reduction of 350 to 400 positions tied to closure of a manufacturing facility, partially offset by additions elsewhere for a net reduction of about 150; severance recorded for approximately 345 positions through Q3. Charge of $54.8M is nine-month total net of reversals (severance component $47.6M); Q3 recorded a reversal from a revised severance estimate. Expected annualized savings of about $25M beginning 2020.
2018-09-29restructuringin_progress5002015-07USD 11 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program initiated in the third quarter of 2015; nine-month 2018 charges net of reversals cover severance for approximately 500 positions, lease cancellation costs, and asset impairments. Geography and segment not separately disclosed for this program; no completion date stated.
2018-09-29restructuringin_progress3452018-04-012019-12-31EuropeLabel and Graphic MaterialsUSD 55 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2018 Plan associated with consolidation of European footprint; charges include severance and asset impairment.
2018-09-29restructuringin_progress5002015-07-01GlobalMultiple SegmentsUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2015/2016 Actions; charges include severance, lease cancellation, and asset impairment.
2018-09-29restructuringin_progress3452018-04-012019-12-31EuropeLabel and Graphic MaterialsUSD 55 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2018 Plan: Consolidation of European footprint, closure of manufacturing facility. Expected net reduction of ~150 positions after offsetting additions. Charges include severance and asset impairments.
2018-09-29restructuringin_progress5002015-07-01GlobalMultiple SegmentsUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2015/2016 Actions: Ongoing restructuring initiated in Q3 2015. Charges include severance, lease cancellations, and asset impairments.
2018-09-29restructuringin_progress500Restructuring20152016 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2018-09-29restructuringin_progress345Restructuring2018 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2018-06-30restructuringin_progress3452018-04-012019-12-31EuropeLabel and Graphic MaterialsUSD 64 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approved April 2018; consolidates European LGM footprint via closure of a manufacturing facility. Plan targets gross reduction of 350-400 positions, net reduction of about 150 after additions elsewhere. Charge of $64.4M recorded in six months ended 2018-06-30 covers severance for ~345 positions plus asset impairment; most cash payments expected in 2019. Annualized savings of about $25M beginning 2020.
2018-06-30restructuringin_progress3202015-07-01USD 8 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program initiated in Q3 2015; $7.7M of charges net of reversals recorded in six months ended 2018-06-30 for severance on approximately 320 positions, lease cancellation costs, and asset impairments. Announcement date is the fiscal quarter of initiation; exact date not disclosed.
2018-06-30restructuringin_progress3452018-04-012019-12-31EuropeLabel and Graphic MaterialsUSD 64 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2018 Plan: Consolidation of European footprint. Includes closure of manufacturing facility. Gross reduction 350-400 positions, net reduction ~150 after offsetting additions. Charges recorded in six months ended June 30, 2018 include severance for ~345 positions and asset impairments.
2018-06-30restructuringin_progress3202015-07-01GlobalMultiple SegmentsUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2015/2016 Actions: Charges recorded in six months ended June 30, 2018 include severance for reduction of ~320 positions, lease cancellations, and asset impairments. Net of reversals.
2018-06-30otherannounced2018-07-012019-06-30United StatesCorporate / Human ResourcesUSD 588 (millions)subsequent_events
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Termination of Avery Dennison Pension Plan (ADPP). Board approved in July 2018. Estimated total non-cash charge $575M-$600M. $200M contribution planned for August 2018. Settlement via lump-sum payments and group annuity contract.
2018-06-30restructuringin_progress3452018-04-012019-12-31EuropeLabel and Graphic MaterialsUSD 64 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2018 Plan: Consolidation of European footprint, closure of manufacturing facility. Charges include severance for ~345 positions and asset impairments. Net reduction expected to be ~150 positions due to offsetting additions.
2018-06-30restructuringin_progress3202015-09-01GlobalMultiple SegmentsUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2015/2016 Actions: Charges recorded in Q2 2018 relate to ongoing severance for ~320 positions, lease cancellations, and asset impairments from actions initiated in Q3 2015.
2018-06-30otherannounced2018-07-012019-06-30United StatesCorporatesubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Termination of Avery Dennison Pension Plan (ADPP) approved in July 2018, effective Sept 28, 2018. Estimated non-cash charge $575M-$600M. Settlement via lump-sum payments and annuity purchase.
2018-06-30restructuringin_progress345Restructuring2018 Actions [Member]USD 64,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-06-30restructuringin_progress320Restructuring20152016 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2018-03-31restructuringannounced4002018-04-192019-12-31EuropeLabel and Graphic MaterialsUSD 70 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approved 2018-04-19, after quarter end. Disclosed as a range of 350 to 400 positions gross, tied to closure of a manufacturing facility; net reduction of approximately 150 positions after offsetting additions elsewhere. $6.9M non-cash asset impairment recorded in Q1 2018; remaining charges primarily severance expected in Q2 2018, with most cash payments in 2019. Expected annualized savings of approximately $25M beginning 2020.
2018-03-31restructuringin_progress2002015USD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program initiated in Q3 2015; during Q1 2018 the company recorded $5.8M in charges net of reversals for severance covering a reduction of approximately 200 positions, plus lease cancellation and asset impairment costs. Q1 2018 restructuring charges by segment: LGM $7.5M, RBIS $5.2M, IHM $0. Total Q1 2018 restructuring charges $12.7M (includes 2018 Plan impairment).
2018-03-31restructuringannounced2018-04-192019-12-31EuropeLabel and Graphic MaterialsUSD 70 (millions)subsequent_events
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Announced April 19, 2018. Expected headcount reduction of 350-400 positions, partially offset by additions, resulting in net reduction of ~150. Total pretax charges estimated at $70 million. $6.9 million in non-cash asset impairment recorded in Q1 2018.
2018-03-31restructuringin_progress2015-07-01GlobalMultiple SegmentsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2015/2016 Actions. Q1 2018 charges of $5.8 million (net of reversals) for severance, lease cancellation, and asset impairment. Related to reduction of ~200 positions initiated in 2015.
2018-03-31restructuringin_progress2018-04-192019-12-31EuropeLabel and Graphic MaterialsUSD 70 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Announced April 19, 2018. Expected headcount reduction of 350-400 positions, partially offset by additions, resulting in net reduction of approx 150 positions. Includes $6.9M non-cash asset impairment recorded in Q1 2018.
2018-03-31restructuringin_progress2002015-09-01GlobalMultiple SegmentsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2015/2016 Actions. Charges recorded in Q1 2018 relate to reduction of approx 200 positions initiated in Q3 2015. Includes severance, lease cancellation, and asset impairment.
2018-03-31restructuringin_progressRestructuring2018 Actions [Member]USD 70,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-03-31restructuringin_progress200Restructuring20152016 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2017-12-30restructuringin_progress9202015All reportable segments — Label and Graphic Materials, Retail Branding and Information Solutions, Industrial and Healthcare MaterialsUSD 34 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year program initiated in the third quarter of 2015; figures shown are FY2017 activity only. FY2017 charge of $34.1M (net of reversals) comprised severance and related costs for approximately 920 position reductions, lease cancellation costs, and asset impairment charges. FY2017 restructuring charges by segment: LGM $14.8M, RBIS $18.4M, IHM $0.2M (total $33.4M including a $0.7M reversal of prior-action accruals). Company realized $59.5M of savings in 2017, anticipates incremental 2018 savings of roughly $30–35M, and estimates at least $15M of cash restructuring costs in 2018, indicating the program remained ongoing at fiscal year-end.
2017-12-30restructuringin_progress9202015-07-01GlobalAll segments (2015/2016 Actions); FY2017 charges by segment: LGM $14.8M, RBIS $18.4M, IHM $0.2MUSD 33 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2017 activity only within multi-year program initiated Q3 2015: severance for ~920 positions plus lease cancellation and asset impairment charges. Footnote charges net of reversals total $33.4M; MD&A states $34.1M. Company realized $59.5M net savings in 2017 and guided $30-35M incremental savings in 2018 with at least $15M cash restructuring costs.
2017-12-30acquisition_additioncompletedChina, Ireland, IsraelLGM (Hanita); IHM (Yongle Tape, Finesse Medical)USD 360 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Aggregate purchase consideration of approximately $360M for the three 2017 acquisitions (Yongle Tape closed 2017-06-23, Finesse Medical 2017-05-19, Hanita 2017-03-01), including ~$45M accrued earn-outs. Headcount added not disclosed. Yongle Tape excluded from ICFR assessment (3% of total assets, 2% of net sales).
2017-12-30restructuringin_progressGlobalRetail Branding and Information Solutions (RBIS)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Multi-year RBIS transformation to a regionally driven model involving facility closures, square footage reductions, headcount reductions and manufacturing consolidation; no employee counts or charges quantified for this specific program.
2017-12-30restructuringcompleted9202015-07-01GlobalAll SegmentsUSD 34 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2015/2016 Actions initiated in Q3 2015. In FY2017, recorded $34.1M in charges for reduction of approx 920 positions, lease cancellations, and asset impairments.
2017-12-30acquisition_additioncompleted2017-06-23ChinaIndustrial and Healthcare Materialsbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Yongle Tape Ltd. completed June 23, 2017. Headcount not explicitly disclosed.
2017-12-30acquisition_additioncompleted2017-05-19IrelandIndustrial and Healthcare Materialsbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Finesse Medical Ltd. completed May 19, 2017. Headcount not explicitly disclosed.
2017-12-30acquisition_additioncompleted2017-03-01IsraelLabel and Graphic Materialsbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Hanita Coatings Rural Cooperative Association Limited completed March 1, 2017. Headcount not explicitly disclosed.
2017-12-30restructuringin_progress9202015-09-01GlobalAll SegmentsUSD 34 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2015/2016 Actions: Reduction of approximately 920 positions in FY2017. Charges include severance, lease cancellation, and asset impairment.
2017-12-30acquisition_additioncompleted2017-06-23ChinaIndustrial and Healthcare Materialsbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Yongle Tape Ltd. Headcount not explicitly disclosed.
2017-12-30acquisition_additioncompleted2017-05-19IrelandIndustrial and Healthcare Materialsbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Finesse Medical Ltd. Headcount not explicitly disclosed.
2017-12-30acquisition_additioncompleted2017-03-01IsraelLabel and Graphic Materialsbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Hanita Coatings. Headcount not explicitly disclosed.
2017-12-30restructuringin_progress920Restructuring20152016 Actions [Member]restructuring_footnote
f5-10k / no-ai-xblr
2017-09-30restructuringin_progress670Not specified (global program)Label and Graphic Materials; Retail Branding and Information Solutions; Industrial and Healthcare Materials (charges by segment: $9.9M, $13.7M, $0.2M for nine months ended 2017-09-30)USD 24 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program labeled '2015/2016 Actions', initiated in Q3 2015; ~670 positions reduced during the nine months ended 2017-09-30. Charges of $24.4M net of reversals cover severance, lease cancellation and asset impairment; $4.2M accrual remained at quarter-end. Company anticipates ~$50-55M incremental savings net of transition costs in 2017 and ~$35M cash restructuring costs.
2017-09-30acquisition_additioncompletedChina; Ireland; IsraelLabel and Graphic Materials (Hanita); Industrial and Healthcare Materials (Finesse Medical, Yongle Tape)USD 344 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2017 Acquisitions (Yongle Tape closed 2017-06-23, Finesse Medical 2017-05-19, Hanita 2017-03-01) with aggregate purchase consideration of ~$344M; acquired headcount not disclosed in the filing.
2017-09-30restructuringin_progress6702015-07-01GlobalMultiple segmentsUSD 24 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2015/2016 Actions. Charges recorded in the nine months ended Sept 30, 2017 consisted of severance and related costs for the reduction of approximately 670 positions, lease cancellation costs, and asset impairment charges.
2017-09-30restructuringin_progress6702015-07-01GlobalVariousUSD 24 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2015/2016 Actions: Charges recorded during the nine months ended Sept 30, 2017 related to reduction of approx 670 positions, lease cancellations, and asset impairments.
2017-09-30restructuringin_progress670Restructuring20152016 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2017-07-01restructuringin_progress3802015Not specifiedConsolidated (charges by segment: Label and Graphic Materials, Retail Branding and Information Solutions, Industrial and Healthcare Materials)USD 14 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Positions reduced during the six months ended July 1, 2017; charges net of reversals. Program initiated in Q3 2015; company expects ~$45-50M incremental savings net of transition costs in 2017 and ~$35M cash restructuring costs in 2017. Severance accrual roll-forward: $4.8M at Dec 31, 2016 to $2.8M at July 1, 2017.
2017-07-01restructuringin_progress3802015-07-01GlobalMultiple segmentsUSD 14 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges recorded in six months ended July 1, 2017 related to actions initiated in Q3 2015. Includes severance, lease cancellation, and asset impairment.
2017-07-01acquisition_additioncompletedChina, Ireland, IsraelLabel and Graphic Materials; Industrial and Healthcare MaterialsUSD 320 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Completed acquisitions of Yongle Tape (China), Finesse Medical (Ireland), and Hanita (Israel) in 2017. Aggregate purchase consideration approx $320 million. Headcount not explicitly disclosed.
2017-07-01restructuringin_progress3802015-09-01GlobalVariousUSD 14 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2015/2016 Actions: Charges recorded for six months ended July 1, 2017 related to reduction of approximately 380 positions, lease cancellation costs, and asset impairment charges.
2017-07-01restructuringin_progress380Restructuring20152016 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2017-04-01restructuringin_progress1802015Not specifiedConsolidated (charges by segment: Label and Graphic Materials $2.0M, Retail Branding and Information Solutions $3.5M, Industrial and Healthcare Materials $0.2M)USD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2015/2016 Actions initiated in Q3 2015; Q1 2017 charges of $5.8M, net of reversals, for severance covering about 180 positions. Severance accrual fell from $3.3M to $1.7M after $7.4M of cash payments. Company expects $40-50M incremental savings in 2017 and about $35M cash restructuring costs.
2017-04-01acquisition_additioncompleted2017-03-01IsraelLabel and Graphic Materials (pressure-sensitive specialty films and laminates)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Hanita Coatings acquisition completed March 1, 2017 for approximately $75 million net of cash acquired; headcount added not disclosed.
2017-04-01acquisition_additionannounced2017-02-012017-06-30ChinaIndustrial (specialty tapes)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire Yongle Tape announced February 2017; purchase price $190 million plus earn-out of up to $55 million; expected close mid-2017. Headcount not disclosed; announcement month only (day approximated).
2017-04-01restructuringin_progress1802015-07-01GlobalMultiple segmentsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges related to 2015/2016 Actions initiated in Q3 2015. Consists of severance and related costs for reduction of approximately 180 positions.
2017-04-01acquisition_additioncompleted2017-03-01IsraelIndustrial and Healthcare Materialsbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Completed net asset acquisition of Hanita Coatings Rural Cooperative Association Limited. Headcount not explicitly disclosed.
2017-04-01restructuringin_progress1802015-09-01USD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges related to 2015/2016 Actions initiated in Q3 2015. Consisted of severance and related costs for reduction of approximately 180 positions.
2017-04-01restructuringin_progress180Restructuring20152016 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2016-12-31restructuringin_progress44020152017USD 21 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
2015/2016 Actions program initiated in the third quarter of fiscal 2015. Fiscal 2016 charges of $20.9 million comprised $15.7 million severance and related costs, $4.1 million asset impairment charges, and $1.1 million lease cancellation costs; severance related to reduction of approximately 440 positions (fiscal 2015 charges under the same program were associated with approximately 430 positions). Total fiscal 2016 restructuring charges, net of reversals across all programs, were $19.9 million (recorded across LGM, RBIS, and IHM segments). All employees impacted through December 31, 2016 had departed; program expected to continue through 2017 with estimated fiscal 2017 cash restructuring costs of approximately $25 million.
2016-12-31restructuringin_progress4402017-12-31USD 21 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2015/2016 Actions, initiated in Q3 2015 (exact announcement date not disclosed); FY2016 charges comprise severance for ~440 positions plus lease cancellation and asset impairment costs; program expected to continue through 2017; all employees affected by actions taken through 2016 had separated by year-end
2016-12-31acquisition_additioncompleted2016-08-01EuropeLabel and Graphic Materialsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Mactac European business acquired 2016-08-01 for ~$220M consideration; headcount added not disclosed
2016-12-31acquisition_additionannounced2016-12Industrial and Healthcare Materialsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Hanita Coatings agreement announced December 2016 for $75M; expected to close Q1 2017; headcount added not disclosed
2016-12-31acquisition_additionannounced2017-02Industrial and Healthcare Materialssubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Yongle Tape agreement announced February 2017 (after fiscal year-end) for $190M plus up to $55M earn-out; expected to close mid-2017; headcount added not disclosed
2016-12-31restructuringcompleted4402015-09-012017-12-31GlobalAll SegmentsUSD 21 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2015/2016 Actions initiated in Q3 2015. Charges recorded in 2016 were $20.9 million (net of reversals) for reduction of approx 440 positions. No employees impacted by these actions remained employed as of Dec 31, 2016.
2016-12-31restructuringcompleted6052014-01-012015-06-30GlobalAll SegmentsUSD 33 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2014/2015 Actions initiated in 2014. Charges recorded in 2015 were $33.4 million (net of reversals) for reduction of approx 605 positions. No employees impacted remained employed as of Dec 31, 2016.
2016-12-31restructuringcompleted4402015-09-012017-12-31GlobalAll segmentsUSD 21 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Initiated in Q3 2015. Charges in 2016 consisted of severance for ~440 positions, lease cancellation, and asset impairment. No employees impacted remained employed as of Dec 31, 2016.
2016-12-31restructuringcompleted6052014-01-012015-06-30GlobalAll segmentsUSD 33 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Initiated in 2014, continued through Q2 2015. Charges in 2015 consisted of severance for ~605 positions. No employees impacted remained employed as of Dec 31, 2016.
2016-12-31restructuringin_progress440Restructuring20152016 Actions [Member]restructuring_footnote
f5-10k / no-ai-xblr
2016-10-01restructuringin_progress31020152016GlobalMultiple segments (Pressure-sensitive Materials, Retail Branding and Information Solutions, Vancive Medical Technologies)USD 15 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program initiated in Q3 2015; 310 positions reduced during nine months ended 2016-10-01 (severance, lease cancellation, asset impairment). Charges of $15M net of reversals for the YTD period; no impacted employees remained employed as of quarter-end; expected substantially complete in 2016. Position count disclosed only as a consolidated program total, not by segment.
2016-10-01restructuringin_progress20142016GlobalMultiple segmentsUSD 0 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Legacy program initiated in 2014 (605 positions reduced in fiscal 2015 — prior-period figure, not extracted as current). No new position reductions quantified for the current YTD period; severance charges were a net reversal of $0.3M. Approximately 25 impacted employees still employed as of 2016-10-01; expected substantially complete in 2016.
2016-10-01acquisition_additioncompleted2016-08-01EuropePressure-sensitive Materialsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of the European business of MACtac completed 2016-08-01 for approximately $222M net of cash received; headcount added through the transaction was not disclosed. Final valuation of acquired assets and liabilities still pending.
2016-10-01restructuringin_progress3102015-07-012016-12-31GlobalAll SegmentsUSD 15 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2015/2016 Actions initiated in Q3 2015. Charges include severance, lease cancellation, and asset impairment. No impacted employees remained as of Oct 1, 2016.
2016-10-01restructuringin_progress252014-01-012016-12-31GlobalAll Segmentsrestructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014/2015 Actions. 25 employees remained employed as of Oct 1, 2016. Charges and payments expected to be substantially completed in 2016.
2016-10-01restructuringin_progress3102015-07-012016-12-31GlobalMultiple segmentsUSD 15 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2015/2016 Actions: Reduction of approx. 310 positions during the nine months ended Oct 1, 2016. Charges include severance, lease cancellation, and asset impairment. Expected to be substantially completed in 2016.
2016-10-01restructuringin_progress252014-01-012016-12-31GlobalMultiple segmentsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014/2015 Actions: Approx. 25 employees remained impacted as of Oct 1, 2016. Charges and payments expected to be substantially completed in 2016.
2016-10-01acquisition_additioncompleted2016-08-012016-08-01EuropePressure-sensitive MaterialsUSD 222 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of European business of MACtac. Headcount not explicitly disclosed.
2016-10-01restructuringin_progress310Restructuring20152016 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2016-07-02restructuringin_progress2302015-07-012016-12-31USD 12 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program initiated in fiscal Q3 2015 (month not specified; date shown is start of that fiscal quarter). Approximately 230 positions reduced during the six months ended July 2, 2016 via severance, plus lease cancellation and asset impairment charges; charges net of reversals for the period were $12.4M per narrative ($12.0M per roll-forward table, which includes prior-action reversals). Filer states no employees impacted by actions taken through July 2, 2016 remained employed as of that date, and expects charges/payments substantially complete in 2016. Segment charge detail for the period (not position counts): Pressure-sensitive Materials $6.8M, RBIS $5.1M, Vancive $0.1M for six months.
2016-07-02acquisition_additioncompleted2016-04-012016-08-01EuropePressure-sensitive Materialsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire the European business of Mactac from Platinum Equity for EUR 200 million including assumed debt; agreement entered April 2016 (day not disclosed), acquisition completed August 1, 2016 (subsequent to quarter end), funded with cash and existing credit facilities. No headcount added disclosed.
2016-07-02restructuringin_progress2302015-07-012016-12-31GlobalMultiple segmentsUSD 12 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2015/2016 Actions initiated in Q3 2015. Charges include severance, lease cancellation, and asset impairment. No employees impacted through July 2, 2016 remained employed.
2016-07-02restructuringin_progress552014-01-012016-12-31GlobalMultiple segmentsrestructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014/2015 Actions initiated in 2014. Approximately 55 employees remained employed as of July 2, 2016. Charges and payments expected to be substantially completed in 2016.
2016-07-02restructuringin_progress2302015-07-012016-12-31GlobalCorporate and SegmentsUSD 12 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2015/2016 Actions initiated in Q3 2015. Charges include severance, lease cancellation, and asset impairment. Expected to be substantially completed in 2016.
2016-07-02restructuringin_progress552014-01-012016-12-31GlobalCorporate and SegmentsUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014/2015 Actions initiated in 2014. 55 employees remained employed as of July 2, 2016. Net reversal of $0.3M recorded in YTD 2016. Expected to be substantially completed in 2016.
2016-07-02restructuringin_progress230Restructuring20152016 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2016-04-02restructuringin_progress652016-12-31USD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2015/2016 Actions initiated in Q3 2015; Q1 2016 charges of $5.7M cover severance for ~65 positions, lease cancellation and asset impairment. Charges by segment: Pressure-sensitive Materials $2.1M, RBIS $3.4M, Vancive $0.1M. No impacted employees remained employed at April 2, 2016; program expected substantially complete in 2016.
2016-04-02restructuringin_progress2016-12-31restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2014/2015 Actions: no new charges in Q1 2016; approximately 85 affected employees remained employed as of April 2, 2016, with cash payments continuing (severance payments of $1.6M in the quarter). Prior-year reduction of ~605 positions not counted in current period.
2016-04-02acquisition_additionannounced2016-04Europesubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire the European business of MACtac from Platinum Equity for €200 million including assumed debt; expected to close within three months. No headcount associated with the acquisition disclosed.
2016-04-02restructuringin_progress652015-07-012016-12-31GlobalMultiple segmentsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2015/2016 Actions initiated in Q3 2015. Charges include severance, lease cancellation, and asset impairment. No impacted employees remained as of April 2, 2016.
2016-04-02restructuringin_progress852014-01-012016-12-31GlobalMultiple segmentsUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014/2015 Actions initiated in 2014. 85 employees remained employed as of April 2, 2016. No new charges recorded in Q1 2016.
2016-04-02restructuringin_progress652015-09-012016-12-31GlobalCorporate and SegmentsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2015/2016 Actions initiated in Q3 2015. Charges include severance for ~65 positions, lease cancellations, and asset impairments. Expected to be substantially completed in 2016.
2016-04-02restructuringin_progress2014-01-012016-12-31GlobalCorporate and Segmentsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014/2015 Actions initiated in 2014. Approximately 85 employees remained employed as of April 2, 2016. Expected to be substantially completed in 2016.
2016-04-02restructuringin_progress65Restructuring20152016 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2016-01-02restructuringin_progress4302016USD 26 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Actions initiated in Q3 fiscal 2015 and expected to continue through 2016; announcement date given only as third quarter of 2015. 2015 charges net of reversals comprised severance ~$22.7M, asset impairments ~$2.9M, and lease cancellation ~$0.5M per the roll-forward table. No impacted employees remained employed as of January 2, 2016.
2016-01-02restructuringin_progress60520142016USD 33 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year program initiated in fiscal 2014; record reflects fiscal 2015 activity only (~605 positions; $33.4M net charges: severance ~$29.8M, impairments ~$3.3M, lease cancellation ~$0.3M). Fiscal 2014 charges were $66.5M for ~1,420 positions (cumulative ~2,025 positions program-wide). Approximately 125 impacted employees remained employed as of January 2, 2016; charges and payments expected substantially completed in 2016.
2016-01-02divestiture_reductioncompleted2015-05Retail Branding and Information Solutions (RBIS)USD 3 (millions)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Product-line assets and liabilities sold for $1.5 million in May 2015; pre-tax loss combined with exit costs totaled $8.5 million. Exit costs included $3.4 million of severance, of which $1.7 million was paid as of January 2, 2016. A ~$2 million Q1 2015 impairment of related long-lived assets was also recorded; total loss on sale and exit costs in Other expense, net was $10.5 million. Pension settlement losses in Germany and France resulted from this sale.
2016-01-02restructuringin_progress43020152016Not specified (global program)Not specified; 2015 restructuring charges by segment: Pressure-sensitive Materials $17.8M, RBIS $35.9M, Vancive $3.6M, Corporate $2.2M (covers both programs)USD 26 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program initiated in Q3 2015 ('2015/2016 Actions'); charges net of reversals include severance for ~430 positions, lease cancellation and asset impairment. No impacted employees remained employed as of 2016-01-02; charges and payments expected to be substantially complete in 2016.
2016-01-02restructuringin_progress60520142016Not specified (global program)Not specified; 2015 restructuring charges by segment: Pressure-sensitive Materials $17.8M, RBIS $35.9M, Vancive $3.6M, Corporate $2.2M (covers both programs)USD 33 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Multi-year '2014/2015 Actions' initiated in 2014; only fiscal 2015 activity captured (charges net of reversals, ~605 positions reduced through Q2 2015). Approximately 125 impacted employees remained employed as of 2016-01-02; 2014 activity (1,420 positions, $66.5M) excluded to avoid double-counting.
2016-01-02divestiture_reductioncompleted2015-052015-05Not specifiedRetail Branding and Information Solutions (RBIS)USD 11 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of an RBIS product line for $1.5M in May 2015; pre-tax loss combined with exit costs totaled $8.5M (including $3.4M severance, of which $1.7M paid by year-end); $10.5M total recorded in Other expense, net. Headcount affected not disclosed.
2016-01-02restructuringin_progress4302015-07-012016-12-31GlobalMultiple segmentsUSD 26 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Initiated Q3 2015 ('2015/2016 Actions'). Charges include severance, lease cancellation, and asset impairment. Expected to be substantially completed in 2016.
2016-01-02restructuringin_progress6052014-01-012016-12-31GlobalMultiple segmentsUSD 33 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Initiated 2014 ('2014/2015 Actions'). Charges recorded in 2015 include severance, lease cancellation, and asset impairment. Approximately 125 employees remained employed as of Jan 2, 2016. Expected to be substantially completed in 2016.
2016-01-02divestiture_reductioncompleted2015-05-012015-05-31GlobalRetail Branding and Information SolutionsUSD 3 (millions)Notes to Consolidated Financial Statements
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Sale of certain assets/liabilities associated with a product line in RBIS segment. Exit costs included $3.4M in severance. Total pre-tax loss on sale plus exit costs was $8.5M.
2016-01-02restructuringin_progress4302015-07-012016-12-31GlobalAll segmentsUSD 26 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Initiated in Q3 2015. Charges include severance, lease cancellation, and asset impairment. Expected to be substantially completed in 2016.
2016-01-02restructuringin_progress6052014-01-012016-12-31GlobalAll segmentsUSD 33 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Initiated in 2014, continued through Q2 2015. Charges recorded in 2015 include severance, lease cancellation, and asset impairment. Approximately 125 employees remained employed as of Jan 2, 2016.
2016-01-02divestiture_reductioncompleted2015-05-012015-05-01GlobalRetail Branding and Information SolutionsUSD 9 (millions)discontinued_operations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Sale of certain assets and liabilities in RBIS segment. Pre-tax loss of $8.5 million including $3.4 million in severance costs.
2016-01-02restructuringin_progress605Restructuring20142015 Action [Member]restructuring_footnote
f5-10k / no-ai-xblr
2016-01-02restructuringin_progress430Restructuring20152016 Actions [Member]restructuring_footnote
f5-10k / no-ai-xblr
2015-10-03restructuringin_progress852015-07-052016-12-31USD 7 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance and related costs for reduction of ~85 positions, plus lease cancellation and asset impairment charges; all affected employees separated as of quarter-end; charges expected substantially complete in 2016
2015-10-03restructuringin_progress60520142016-12-31USD 34 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Positions reduced during nine months ended October 3, 2015 under program initiated in 2014; charges net of reversals; ~180 affected employees still employed at quarter-end; expected substantially complete in 2016
2015-10-03divestiture_reductioncompleted2015-05Retail Branding and Information Solutions (RBIS)USD 9 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
May 2015 sale of an RBIS product line for $1.5M; pretax loss plus exit costs totaled $8.5M including $3.4M severance; no employee count disclosed
2015-10-03restructuringin_progress852015-07-052016-12-31GlobalMultiple segmentsUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2015/2016 Actions initiated in Q3 2015. Charges include severance, lease cancellation, and asset impairment. No impacted employees remained as of Oct 3, 2015.
2015-10-03restructuringin_progress6052014-01-012016-12-31GlobalMultiple segmentsUSD 34 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014/2015 Actions initiated in 2014, continued through Q2 2015. Charges recorded in first nine months of 2015. Approximately 180 employees remained employed as of Oct 3, 2015.
2015-10-03divestiture_reductioncompleted2015-05-012015-05-31GlobalRetail Branding and Information SolutionsUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Sale of certain assets and transfer of liabilities associated with a product line in May 2015. Pretax loss and exit costs totaled $8.5 million, including $3.4 million in severance.
2015-10-03restructuringin_progress852015-07-052016-12-31GlobalCorporate and SegmentsUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2015/2016 Actions initiated in Q3 2015. Charges include severance, lease cancellation, and asset impairment. Expected to be substantially completed in 2016.
2015-10-03restructuringin_progress6052014-01-012016-12-31GlobalCorporate and SegmentsUSD 34 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014/2015 Actions initiated in 2014. Charges recorded in first nine months of 2015 are net of reversals. Approximately 180 employees remained employed as of Oct 3, 2015. Expected to be substantially completed in 2016.
2015-10-03restructuringin_progress605 Restructuring2014 And2015 Actionrestructuring_footnote
f5-10q / no-ai-xblr
2015-10-03restructuringin_progress85 Restructuring20152016 Actionsrestructuring_footnote
f5-10q / no-ai-xblr
2015-07-04restructuringin_progress60520142015-12-31USD 34 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Positions reduced during the six months ended July 4, 2015 under the 2014/2015 Actions; charges comprise severance, lease cancellation and asset impairment, split by segment as PSM $14.4M, RBIS $15.7M, Vancive $1.7M, Corporate $2.1M. About 245 affected employees remained employed at quarter-end; charges and payments expected substantially complete in 2015, with at least $70M of net savings expected in 2015.
2015-07-04divestiture_reductioncompleted2015-05Retail Branding and Information Solutions (industrial printer product line)USD 3 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Product line sold in May 2015 for $1.5M; pretax loss plus exit costs totaled $7.7M in Q2 2015 (including the $3.4M of severance, of which $0.1M paid at quarter-end), plus a ~$2M Q1 2015 asset impairment and $0.6M other costs. Headcount affected not disclosed; related pension settlement losses recorded in Germany and France.
2015-07-04restructuringin_progress6052014-01-012015-12-31GlobalCorporate and SegmentsUSD 34 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014/2015 Actions initiated in 2014 continuing through 2015. Charges recorded in six months ended July 4, 2015 include severance, lease cancellation, and asset impairment. Approximately 245 employees impacted by these actions remained employed as of July 4, 2015.
2015-07-04divestiture_reductioncompleted2015-05-012015-05-31GlobalRetail Branding and Information SolutionsUSD 8 (millions)MD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Sale of certain assets and transfer of liabilities associated with a product line in RBIS segment in May 2015. Exit costs included $3.4 million of severance costs. Employee count not explicitly disclosed.
2015-07-04restructuringin_progress6052014-01-012015-12-31GlobalCorporate and SegmentsUSD 34 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014/2015 Actions: Charges recorded in first six months of 2015 for reduction of approx. 605 positions. Includes severance, lease cancellation, and asset impairment. Expected to be substantially completed in 2015.
2015-07-04divestiture_reductioncompleted2015-05-012015-05-31GlobalRetail Branding and Information SolutionsUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of certain assets/liabilities in RBIS segment. Pretax loss and exit costs totaled $7.7 million in Q2 2015, including $3.4 million severance. Employee count not explicitly disclosed.
2015-07-04restructuringin_progress605Restructuring2014 And2015 Action [Member]restructuring_footnote
f5-10q / no-ai-xblr
2015-04-04restructuringin_progress2452015-12-31GlobalMultiple segments and Corporate (restructuring charges by segment: Pressure-sensitive Materials $7.3M, Retail Branding and Information Solutions $3.4M, Vancive Medical Technologies $1.1M, Corporate $2.1M)USD 14 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program initiated in 2014 (no specific announcement date given); Q1 2015 charges of $13.9M net of reversals included $13.5M severance and $0.4M asset impairment for reduction of ~245 positions; ~130 impacted employees remained employed at April 4, 2015; charges and payments expected substantially complete in 2015; full program totaled ~1,420 positions in 2014
2015-04-04divestiture_reductionin_progress2015-02-282015-06-30Retail Branding and Information Solutions — product lineUSD 2 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement entered in February 2015 to sell certain assets and transfer certain liabilities of a product line; $2M impairment on long-lived assets recorded in Q1 2015; no headcount associated with the divestiture disclosed
2015-04-04restructuringin_progress2452014-01-012015-12-31GlobalMultiple segmentsUSD 14 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of '2014/2015 Actions'. Charges consisted of severance and related costs for reduction of approximately 245 positions and asset impairment charges. Expected to be substantially completed in 2015.
2015-04-04restructuringin_progress2452014-01-012015-12-31GlobalCorporate and all segmentsUSD 14 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of 2014/2015 Actions initiated in 2014. Charges include severance for ~245 positions and asset impairments. Expected to be substantially completed in 2015.
2015-04-04restructuringin_progress245Restructuring2014 And2015 Action [Member]restructuring_footnote
f5-10q / no-ai-xblr
2015-01-03restructuringin_progress1,42020142015GlobalMulti-segment: Pressure-sensitive Materials, Retail Branding and Information Solutions, Vancive Medical Technologies, Corporate; includes consolidation of certain European operations in the Pressure-sensitive Materials segmentUSD 67 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Charges, net of reversals, comprised severance and related costs of $55.1 million, asset impairment charges of $10.8 million, and lease cancellation costs of $0.6 million. Approximately 100 impacted employees remained employed at fiscal year-end; payments expected to be completed in 2015. About $49 million of annualized savings anticipated, roughly $14 million realized in 2014, with transition costs of about $12 million also incurred. Segment allocation of total 2014 restructuring costs: PSM $40.2M, RBIS $21.3M, Vancive $4.2M, Corporate $0.4M (total $66.1M across all programs).
2015-01-03restructuringcompleted2012USD 0 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year program initiated in 2012; its workforce reductions occurred in fiscal 2012 and fiscal 2013 and are excluded as prior-year activity. Fiscal 2014 reflected only residual liability run-off: a net severance reversal of $0.4 million and cash payments of $5.4 million ($5.2M severance, $0.2M lease and other contract cancellations), leaving $0.8 million accrued at year-end. The filer stated no employees impacted by this program remained employed as of December 28, 2013.
2015-01-03restructuringin_progress1,4202015-12-31Global, including consolidation of certain European operationsMultiple segments; charges allocated across Pressure-sensitive Materials ($40.2M), Retail Branding and Information Solutions ($21.3M), Vancive Medical Technologies ($4.2M) and Corporate ($0.4M)USD 67 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fiscal 2014 charges, net of reversals, for the '2014 Actions' program: severance and related costs for reduction of approximately 1,420 positions, plus lease cancellation and asset impairment charges. Approximately 100 impacted employees remained employed at 2015-01-03. Cash payments relating to the program expected to complete during 2015; approximately $49M of annualized savings targeted, with about $14M realized in 2014 and the remainder through 2016. Approximately $12M of transition costs also incurred in 2014. No specific announcement date disclosed; program initiated during fiscal 2014.
2015-01-03restructuringcompletedGlobalMultiple segments (residual activity of the 2012 Program)USD 0 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Only residual fiscal 2014 activity of the multi-year 2012 Program is shown: a $0.4M net reversal of severance accrual, with $5.2M of cash payments against the remaining accrual. No employees impacted by the 2012 Program remained employed as of 2013-12-28. Prior-year program charges ($40.3M in 2013, $56.4M in 2012) are not extracted.
2015-01-03restructuringin_progress1,4202014-01-042015-12-31Global, including EuropePressure-sensitive Materials, Retail Branding and Information Solutions, Vancive Medical Technologies, CorporateUSD 67 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Actions initiated in 2014. Charges include severance for ~1,420 positions, lease cancellation, and asset impairment. ~100 employees remained employed as of Jan 3, 2015. Payments expected to complete in 2015.
2015-01-03restructuringcompleted2012-01-012013-12-31GlobalVariousUSD 40 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Program. Charges recorded in 2013 related to prior year program. No employees impacted by 2012 Program remained employed as of Dec 28, 2013.
2015-01-03restructuringin_progress1,4202014-01-012016-12-31GlobalPressure-sensitive Materials; Retail Branding and Information Solutions; Vancive Medical TechnologiesUSD 67 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Initiated in 2014, including consolidation of European operations. Charges include severance, lease cancellation, and asset impairment. Approximately 100 employees remained employed as of Jan 3, 2015. Savings expected through 2016.
2015-01-03restructuringcompleted1,4002012-01-012013-12-31GlobalGlobalUSD 40 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2012 Program. Charges recorded in 2013. No employees impacted remained employed as of Dec 28, 2013.
2015-01-03restructuringin_progress1,420Restructuring2014 Actions [Member]restructuring_footnote
f5-10k / no-ai-xblr
2014-09-27restructuringin_progress1,1952015-12-31Primarily EuropePrimarily Pressure-sensitive Materials (consolidation of certain European operations)USD 53 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charges of $52.9M net of reversals recorded in the nine months ended 2014-09-27 for severance, lease cancellation and asset impairments; approximately 110 impacted employees remained employed at quarter-end. Severance accrual at 2014-09-27 was $29.8M. MD&A adds roughly $11M of transition costs and about $38M of expected annualized savings, with payments and savings complete by end of 2015.
2014-09-27restructuringin_progress1,4002014-12-31restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Positions were reduced during 2013 (prior-year action); the program remains open in 2014 with a $0.9M severance accrual and $0.2M of lease/contract accrual at 2014-09-27, and payments expected complete by end of 2014. Current-period charges were reversals of $0.4M.
2014-09-27restructuringin_progress1,1952014-01-012015-12-31EuropePressure-sensitive MaterialsUSD 53 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Actions primarily related to consolidation of certain European operations. Charges include severance, lease cancellation, and asset impairment. Approximately 110 employees remained employed as of Sept 27, 2014.
2014-09-27restructuringcompleted2012-01-012014-12-31GlobalGlobalUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Program. Net reversal of $0.4M recorded in Q3 2014. Payments expected to be completed by end of 2014.
2014-09-27restructuringin_progress1,1952014-01-012015-12-31EuropePressure-sensitive MaterialsUSD 53 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Initiated in 2014, primarily related to consolidation of certain European operations. Charges include severance, lease cancellation, and asset impairment. Approximately 110 employees remained employed as of Sept 27, 2014.
2014-09-27restructuringin_progress1,195Restructuring2014 Actions [Member]restructuring_footnote
f5-10q / no-ai-xblr
2014-06-28restructuringin_progress9702014-01-012015-12-31EuropePressure-sensitive MaterialsUSD 46 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance and related costs of $43.0M plus $2.9M asset impairment charges; approximately 240 impacted employees remained employed as of 2014-06-28. Announcement date approximate — charges recorded during the six months ended 2014-06-28; no specific announcement date disclosed.
2014-06-28restructuringin_progress1,4002012-01-012014-12-31USD 40 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Positions were reduced during 2013; program remains open with severance accrual of $1.2M and lease/contract cancellation accrual of $0.1M at 2014-06-28, payments expected complete by end of 2014. Charge shown is the 2013 charge disclosed in this filing. Announcement date approximate — program initiated in 2012.
2014-06-28restructuringin_progress9702014-01-012015-12-31EuropePressure-sensitive MaterialsUSD 46 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Actions primarily related to consolidation of certain European operations. Charges include severance and asset impairment. Approximately 240 employees remained employed as of June 28, 2014.
2014-06-28restructuringin_progress2012-01-012014-12-31GlobalMultiple SegmentsUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Program. Net reversal of $0.1 million recorded in Q2 2014. Program initiated in 2012 affecting approx 1,400 positions. Payments expected to be completed by end of 2014.
2014-06-28restructuringin_progress9702014-01-012015-12-31EuropePressure-sensitive MaterialsUSD 46 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014 Actions primarily related to consolidation of certain European operations. Charges include severance for ~970 positions and asset impairments. ~240 employees remained employed as of June 28, 2014.
2014-06-28restructuringin_progress2012-01-012014-12-31GlobalCorporateUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2012 Program. Net charges of $(0.1) million in the six months ended June 28, 2014 due to reversals. Payments expected to be completed by end of 2014.
2014-06-28restructuringin_progress970Restructuring activities during 2014.restructuring_footnote
f5-10q / no-ai-xblr
2014-03-29restructuringin_progress3402014-01-012015-12-31Consolidated (charges recorded in Pressure-sensitive Materials and Retail Branding and Information Solutions segments)USD 7 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance and related costs for reduction of approximately 340 positions plus asset impairment charges; about 60 affected employees still employed at quarter-end. Filer states actions initiated in 2014 without a specific announcement date; date shown is period start. Payments and savings expected complete by end of 2015. Annualized savings of about $8 million anticipated, roughly $6 million realized in 2014.
2014-03-29restructuringin_progress3402014-01-012015-12-31GlobalMultiple segmentsUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Actions initiated in Q1 2014; consists of severance and asset impairment charges. Approximately 60 employees remained employed as of March 29, 2014.
2014-03-29restructuringin_progress2012-01-012014-12-31GlobalMultiple segmentsUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Program; no new charges recorded in Q1 2014, but payments continued. Original program reduced approx 1,400 positions.
2014-03-29restructuringin_progress3402014-01-012015-12-31GlobalCorporate and SegmentsUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014 Actions: reduction of approximately 340 positions. Charges include severance and asset impairment. Savings expected by end of 2015.
2014-03-29restructuringin_progress340Restructuring activities during 2014.restructuring_footnote
f5-10q / no-ai-xblr
2013-12-28restructuringcompleted1,4002012Company-wide (all reportable segments and Corporate)USD 40 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year program initiated in 2012; this record captures fiscal 2013 activity only — approximately 1,400 position reductions, versus about 1,060 positions in 2012 (prior year, not extracted). Fiscal 2013 charges of $40.3M net of reversals comprise $27.2M severance and related costs plus $13.1M asset impairment and lease/contract cancellation costs; charges by segment: PSM $10.8M, RBIS $28.5M, other specialty converting $0.1M, Corporate $0.9M. No employees impacted by the program remained employed at fiscal year-end; severance accrual of $6.6M remained outstanding at December 28, 2013.
2013-12-28divestiture_reductioncompleted2013-01-292013-07-01Office and Consumer Products (former reportable segment) and Designed and Engineered Solutions (formerly in other specialty converting businesses)USD 16 (millions)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Sale of OCP and DES businesses to CCL Industries completed July 1, 2013 for a total purchase price of $500 million ($481.2M net of cash provided); loss on sale, net of tax, of $16 million. Specific headcount transferred with the divested businesses was not disclosed.
2013-12-28plant_closureannounced1102014-01Netherlands (operations to be consolidated with an existing facility in Germany)Pressure-sensitive Materialssubsequent_events
f5-10k / GLM-5.3-flash-HTML
Subsequent to fiscal 2013 year-end, in January 2014 the company announced intent to close an older Netherlands manufacturing facility and consolidate those operations with an existing German facility, anticipated to reduce approximately 110 positions in the Pressure-sensitive Materials segment.
2013-12-28restructuringcompleted1,4002012GlobalMultiple segments and corporate (2013 charges: Pressure-sensitive Materials $10.8M; Retail Branding and Information Solutions $28.5M; other specialty converting $0.1M; corporate $0.9M)USD 40 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Current-fiscal-year activity only within a multi-year program initiated in 2012. 2013 charges of $40.3M net of reversals comprise $27.2M severance and related costs plus $13.1M asset impairment and lease/other contract cancellation costs, covering approximately 1,400 positions. No employees impacted by the program remained employed as of 2013-12-28; a $6.8M accrual remained at year-end and incremental savings were expected in 2014.
2013-12-28divestiture_reductioncompleted2013-01-292013-07-01GlobalOffice and Consumer Products (OCP) and Designed and Engineered Solutions (DES)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of OCP and DES businesses to CCL Industries Inc. for $500 million ($481.2 million net of cash provided), completed 2013-07-01. Headcount removed through the disposition was not disclosed; a $16.0 million loss on sale, net of tax, was recorded.
2013-12-28plant_closureannounced1102014-01NetherlandsPressure-sensitive Materialssubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Announced after fiscal year-end 2013 and before the filing date: intent to close an older manufacturing facility in the Netherlands and consolidate operations into an existing facility in Germany, reducing approximately 110 positions. Associated charge and completion timeline not disclosed.
2013-12-28restructuringcompleted1,4002012-01-01GlobalCorporate and SegmentsUSD 40 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Program: In 2013, we recorded $40.3 million in restructuring charges related to the 2012 Program, consisting of severance for reduction of approximately 1,400 positions, lease cancellation costs, and asset impairment. No employees impacted by the 2012 Program remained employed as of Dec 28, 2013.
2013-12-28divestiture_reductioncompleted2013-01-292013-07-01GlobalOffice and Consumer Products (OCP) and Designed and Engineered Solutions (DES)Item 1. Business
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Sale of OCP and DES businesses to CCL Industries Inc. completed July 1, 2013. Specific headcount transferred not disclosed.
2013-12-28restructuringcompleted1,40020122013-12-28GlobalAll segmentsUSD 40 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2012 Program: Reduction of approximately 1,400 positions. Charges recorded in 2013 were $40.3 million (net of reversals). No employees impacted remained employed as of year-end.
2013-12-28plant_closureannounced1102014-01NetherlandsPressure-sensitive Materialssubsequent_events
f5-10k / Qwen3.6-27B-Q8_0
Announced in January 2014 to close an older manufacturing facility in the Netherlands and consolidate operations with a facility in Germany.
2013-12-28restructuringin_progress1,400Restructuring activities during 2012.restructuring_footnote
f5-10k / no-ai-xblr
2013-09-28restructuringin_progress1,12020122013USD 33 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2012 Program: approximately 1,120 positions reduced during the nine months ended September 28, 2013; about 25 of these employees remained employed at quarter end. Nine-month charges of $32.6M net of reversals (severance, lease/contract cancellation, asset impairment); $16.7M recorded in the third quarter from continuing operations. Program expected to be completed in 2013. Charges by segment for the nine months: Pressure-sensitive Materials $8.7M, Retail Branding and Information Solutions $22.9M, other specialty converting $0.1M, Corporate $0.9M. No total workforce denominator disclosed, so percent of workforce not calculable.
2013-09-28divestiture_reductioncompleted2013-01-292013-07-01Office and Consumer Products; Designed and Engineered Solutionsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of OCP and DES businesses to CCL Industries completed July 1, 2013 for $500 million ($484 million net of cash provided). Headcount removed through the divestiture is not disclosed in the filing.
2013-09-28restructuringin_progress1,1202012-01-012013-12-31GlobalMultiple segmentsUSD 33 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges recorded for the nine months ended Sept 28, 2013. Includes severance, lease cancellations, and asset impairments. Program expected to complete in 2013.
2013-09-28divestiture_reductioncompleted2013-01-292013-07-01GlobalOffice and Consumer Products (OCP) and Designed and Engineered Solutions (DES)discontinued_operations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Sale of OCP and DES businesses completed July 1, 2013. Specific headcount transferred not disclosed in this filing.
2013-09-28restructuringin_progress1,1202012-01-012013-12-31GlobalContinuing OperationsUSD 33 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2012 Program: reduction of approximately 1,120 positions. Charges include severance, lease cancellation, and asset impairment. Expected to complete in 2013.
2013-09-28divestiture_reductioncompleted2013-01-292013-07-01GlobalOffice and Consumer Products (OCP) and Designed and Engineered Solutions (DES)discontinued_operations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of OCP and DES businesses to CCL Industries Inc. completed July 1, 2013. Specific headcount removed not disclosed.
2013-09-28restructuringin_progress1,120Restructuring activities during 2012.restructuring_footnote
f5-10q / no-ai-xblr
2013-06-29restructuringin_progress6302013-12-31USD 16 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Positions reduced during the six months ended June 29, 2013 under the 2012 Program; approximately five of the 630 remained employed at quarter-end. Charge is net of reversals and covers severance, lease/contract cancellation and asset impairment; program expected to complete in 2013. Prior-year program reduced approximately 1,060 positions in 2012 (not a current-period action). Announcement date not stated in this filing.
2013-06-29divestiture_reductioncompleted2013-01-292013-07-01Office and Consumer Products (OCP) and Designed and Engineered Solutions (DES)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of OCP and DES businesses to CCL Industries completed July 1, 2013 for $500 million cash, after amendment of agreement terms; to be reflected in Q3 2013 statements. Headcount transferred not disclosed. Related pension curtailment and settlement losses of $10.4 million recognized in Q2 2013 within discontinued operations.
2013-06-29restructuringin_progress6302012-01-012013-12-31GlobalAll segmentsUSD 16 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges recorded for six months ended June 29, 2013. Program expected to complete in 2013.
2013-06-29restructuringin_progress6302012-01-012013-12-31GlobalAll segmentsUSD 16 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2012 Program: Reduction of approximately 630 positions during the six months ended June 29, 2013. Includes severance, lease cancellation, and asset impairment. Program expected to complete in 2013.
2013-06-29divestiture_reductioncompleted2013-01-292013-07-01GlobalOffice and Consumer Products (OCP) and Designed and Engineered Solutions (DES)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Sale of OCP and DES businesses to CCL Industries Inc. completed July 1, 2013. Specific headcount transferred not disclosed, but pension curtailment/settlement losses of $10.4 million recognized.
2013-06-29restructuringin_progress630 Restructuring2012 Actionsrestructuring_footnote
f5-10q / no-ai-xblr
2013-03-30restructuringin_progress2902013-12-31GlobalPressure-sensitive Materials; Retail Branding and Information Solutions; CorporateUSD 8 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2012 Program: severance for ~290 positions, lease cancellation and asset impairment charges recorded in Q1 2013; ~50 impacted employees still employed at 2013-03-30; company expects to complete program in 2013 and incur about $25M additional net restructuring costs in 2013, targeting over $100M annualized savings.
2013-03-30divestiture_reductionin_progress2013-01-292013-06-30Office and Consumer Products; Designed and Engineered Solutionsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to sell OCP and DES businesses to CCL Industries for $500M cash; all regulatory clearances received, closing expected mid-2013; headcount associated with the divestiture not disclosed.
2013-03-30restructuringin_progress2902013-12-31USD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Program: reduction of approximately 290 positions in Q1 2013. Includes severance, lease cancellation, and asset impairment. Program expected to complete in 2013.
2013-03-30restructuringin_progress2902012-01-012013-12-31GlobalCorporate and SegmentsUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2012 Program: reduction of approximately 290 positions in Q1 2013. Program expected to complete in 2013.
2013-03-30restructuringin_progress290 Restructuring2012 Actionsrestructuring_footnote
f5-10q / no-ai-xblr
2012-12-29restructuringin_progress1,0602013USD 58 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Program launched in fiscal 2012; no specific announcement date disclosed. Charges comprised severance and related costs for approximately 1,060 position eliminations, lease cancellation costs, and asset impairment charges; the 2012 rollforward shows $50.7M severance, $0.1M lease cancellation, and $6.9M non-cash asset impairment. Roughly 60 impacted employees remained employed at fiscal year-end. Management expected an additional ~$25 million of program costs and over $100 million of annualized savings, of which approximately $20 million (net of transition costs) was realized in 2012. Total 2012 restructuring costs in continuing operations, net of reversals of 2011 actions, were $56.4 million: Pressure-sensitive Materials $33.8M, Retail Branding and Information Solutions $17.6M, other specialty converting businesses $2.0M, Corporate $3.0M. Prior-year programs (2011 actions, 2010 actions, Q4 2008–Q2 2010 program) excluded as they relate to earlier fiscal years.
2012-12-29divestiture_reductionannounced2013-01-292013Office and Consumer Products (OCP) and Designed and Engineered Solutions (DES) businessessubsequent_events
f5-10k / GLM-5.3-flash-HTML
Subsequent event: agreement signed after fiscal year-end to sell the OCP and DES businesses to CCL Industries Inc. for $500 million in cash, subject to adjustment, with closing expected in mid-2013. OCP was already classified as discontinued operations in fiscal 2012 with assets and liabilities held for sale; DES results are expected to be reclassified as discontinued operations beginning Q1 2013. Employee headcount of the divested businesses was not disclosed; expected net proceeds of approximately $400 million are earmarked for share repurchases and an additional pension plan contribution. An earlier agreement to sell OCP to 3M (signed December 2011) was mutually terminated on October 3, 2012.
2012-12-29restructuringin_progress1,0602013Multiple reportable segments and corporate; charges allocated across Pressure-sensitive Materials, Retail Branding and Information Solutions, other specialty converting businesses and corporateUSD 58 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Severance and related costs for reduction of approximately 1,060 positions, plus lease cancellation and asset impairment charges. Approximately 60 impacted employees remained employed at year-end. Company expects an additional $25 million of costs to complete in 2013 and over $100 million of annualized savings, of which approximately $20 million (net of transition costs) was realized in 2012. Continuing-operations portion of charges was $56.4 million.
2012-12-29divestiture_reductionannounced2013-01-292013Office and Consumer Products; Designed and Engineered Solutionssubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement to sell OCP and DES businesses to CCL Industries Inc. for $500 million cash, subject to adjustment; expected to close mid-2013. Headcount associated with the divested businesses not disclosed. Includes a six-year supply agreement and up to 15 months of transition services.
2012-12-29othercompleted2012-10-032012-10-03Office and Consumer ProductsItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Mutual termination of the December 2011 agreement to sell the OCP business to 3M Company; OCP continued to be pursued for sale and remained classified as held for sale. No headcount impact quantified.
2012-12-29restructuringin_progress1,0602012-01-012013-12-31GlobalAll segmentsUSD 58 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Program: Reduction of approximately 1,060 positions. Charges include severance, lease cancellations, and asset impairments. Expected to complete in 2013.
2012-12-29restructuringcompleted9102011-01-012012-12-31GlobalAll segmentsUSD 45 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2011 Actions: Reduction of approximately 910 positions. Charges incurred in 2011.
2012-12-29restructuringcompleted7252010-07-012012-12-31GlobalAll segmentsUSD 10 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Q3 2010 - Q4 2010 Actions: Reduction of approximately 725 positions. Charges incurred in second half of 2010.
2012-12-29restructuringcompleted4,3502008-10-012011-12-31GlobalAll segmentsUSD 150 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2008 - Q2 2010 Program: Reduction of approximately 4,350 positions. Program completed by end of 2011.
2012-12-29restructuringin_progress1,0602012-01-012013-12-31GlobalVariousUSD 58 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2012 Program: Reduction of approx 1,060 positions. Includes severance, lease cancellation, and asset impairment. Expected to complete in 2013.
2012-12-29restructuringcompleted9102011-01-012011-12-31GlobalVariousUSD 45 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2011 Actions: Reduction of approx 910 positions. Includes severance, asset impairment, and lease cancellation. No employees impacted remained employed as of Dec 29, 2012.
2012-12-29restructuringin_progress1,060 Restructuring2012 ActionsUSD 57,700,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-09-29restructuringin_progress7702013USD 38 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charges recorded during the first nine months of 2012 cover severance and related costs plus asset impairment charges; approximately 30 impacted employees remained at September 29, 2012. MD&A adds expected 2012 costs of about $55 million and 2013 costs of about $25 million, with over $100 million of annualized savings anticipated.
2012-09-29restructuringcompleted910USD 45 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program initiated in 2011 covering severance, asset impairment and lease cancellation costs; no impacted employees remained at September 29, 2012. Charge figure is the approximate full-year 2011 total, not a current-period charge.
2012-09-29restructuringcompletedOther specialty converting businesses (retained portion of previously reported OCP segment)USD 2 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Product lines in the retained portion of the OCP segment were exited in the third quarter of 2012; exit costs of $2.1 million recorded in Other expense, net. No employee count disclosed for this action.
2012-09-29restructuringin_progress7702013-12-31GlobalCompany-wideUSD 38 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Program: reduction of approximately 770 positions. Charges include severance and asset impairment. Expected to complete in 2013.
2012-09-29restructuringcompleted910GlobalCompany-wideUSD 45 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2011 Actions: reduction of approximately 910 positions. No employees impacted by these actions remained with the Company as of September 29, 2012.
2012-09-29othercompletedGlobalOther specialty converting businessesUSD 2 (millions)MD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Exit of product lines in the retained portion of the previously reported OCP segment in Q3 2012. Operating results not significant.
2012-09-29restructuringin_progress7702012-01-012013-12-31GlobalAll segmentsUSD 38 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2012 Program: reduction of approx. 770 positions. Charges include severance and asset impairment. Expected completion in 2013.
2012-09-29restructuringcompleted9102011-01-012012-09-29GlobalAll segmentsUSD 45 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2011 Actions: reduction of approx. 910 positions. No employees impacted remained with the Company as of Sept 29, 2012.
2012-09-29othercompleted2012-09-292012-09-29GlobalOther specialty converting businessesUSD 2 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Exited product lines in retained portion of previously reported OCP segment. Operating results included in other specialty converting businesses.
2012-09-29restructuringin_progress770 Restructuring2012 Actionsrestructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progress4202013-06-30Not specifiedNot specifiedUSD 19 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charges recorded in the first six months of 2012 comprise severance for approximately 420 position reductions plus asset impairment charges; approximately 50 impacted employees remained at June 30, 2012. MD&A describes the program as recently announced (no exact announcement date given) and expects completion by mid-2013, with roughly $55M of restructuring costs in 2012 and roughly $25M in 2013, targeting over $100M of annualized savings.
2012-06-30divestiture_reductionannounced2011-12-312012-12-31Not specifiedOffice and Consumer Products (OCP) businessother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement signed in December 2011 to sell the OCP business to 3M for gross cash proceeds of $550 million; expected to close in the second half of 2012. No headcount associated with the divestiture is disclosed in this filing.
2012-06-30restructuringin_progress4202012-06-302013-06-30GlobalAll segmentsUSD 19 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Program recorded $18.9 million in charges for reduction of approx 420 positions. Expected completion mid-2013.
2012-06-30restructuringcompleted9102011-01-012012-12-31GlobalAll segmentsUSD 45 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2011 Actions recorded approx $45 million in charges for reduction of approx 910 positions. No employees impacted remained with company as of June 30, 2012.
2012-06-30restructuringin_progress4202012-01-012013-06-30GlobalAll segmentsUSD 19 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2012 Program: reduction of approx. 420 positions. Charges include severance and asset impairment. Expected completion mid-2013.
2012-06-30restructuringcompleted9102011-01-012012-12-31GlobalAll segmentsUSD 45 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2011 Actions: reduction of approx. 910 positions. No employees impacted remained with company as of June 30, 2012.
2012-06-30restructuringin_progressUSD 17,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressOther Specialty Converting Businesses Segment [Member]USD 3,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressPressure-Sensitive Materials Segment [Member]USD 9,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressRetail Branding and Information Solutions Segment [Member]USD 4,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressSegment, Continuing Operations [Member]USD 17,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressAsset Impairment [Member] / Two Thousand Twelve [Member]USD 2,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressLease Cancellation Costs [Member] / Two Thousand Eleven [Member]USD -200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressSeverance And Related Costs [Member] / Two Thousand Eleven [Member]USD -900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressSeverance And Related Costs [Member] / Two Thousand Twelve [Member]USD 16,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progress420Two Thousand Twelve [Member]restructuring_footnote
f5-10q / no-ai-xblr
2012-03-31restructuringin_progress210USD 8 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance and related costs for ~210 position reductions plus asset impairment charges recorded in Q1 2012; about 5 impacted employees remained at 2012-03-31. Charge comprises $5.9M severance and $1.7M asset impairment. Company expects ~$6M annualized savings, roughly three-quarters realized in 2012. Announcement date not disclosed.
2012-03-31restructuringin_progress910USD 45 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program originated in 2011 (severance for ~910 positions, asset impairments, lease cancellations); still open at 2012-03-31 with ~20 impacted employees remaining and $3.5M severance plus $0.4M lease accruals outstanding. Expected annualized savings ~$55M by end of 2012. Announcement date not disclosed.
2012-03-31divestiture_reductionannounced2011-122012-12-31Office and Consumer Products (OCP) businessother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement signed in December 2011 to sell OCP business to 3M for $550M gross proceeds; expected to close in second half of 2012. Headcount associated with the divestiture not disclosed. Company intends to use proceeds for short-term debt repayment, pension contributions, and share repurchases.
2012-03-31restructuringin_progress2102012-01-01GlobalContinuing OperationsUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Actions: reduction of approximately 210 positions. Charges consist of severance and related costs and asset impairment charges. Approximately 5 employees remain with the Company as of March 31, 2012.
2012-03-31restructuringin_progress9102011-01-012012-12-31GlobalContinuing OperationsUSD 45 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2011 Actions: reduction of approximately 910 positions. Charges include severance, asset impairment, and lease cancellation costs. Approximately 20 employees remain with the Company as of March 31, 2012. Annualized savings expected by end of 2012.
2012-03-31restructuringin_progress2102012-03-31USD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2012 Actions: reduction of approximately 210 positions. Charges include severance and asset impairment. Approximately 5 employees remain with the company.
2012-03-31restructuringin_progress2011-01-012012-12-31USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2011 Actions: originally reduced approx 910 positions. Q1 2012 charges of $0.3M recorded. Approx 20 employees remain. Annualized savings expected by end of 2012.
2012-03-31restructuringin_progress210Two Thousand Twelve [Member]restructuring_footnote
f5-10q / no-ai-xblr
2011-12-31restructuringin_progress91020112012-12-31USD 45 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
2011 Actions program: approximately 910 positions reduced via severance and related costs ($37.4 million), lease cancellation costs ($2.9 million), and asset impairment charges ($7.0 million). 2011 charges by segment: Pressure-sensitive Materials $16.4 million; Retail Branding and Information Solutions $19.9 million; other specialty converting businesses $8.2 million; discontinued operations $0.7 million. Approximately 80 affected employees remained with the Company at December 31, 2011, and a $14.7 million severance/lease accrual remained outstanding. Annualized savings of approximately $55 million anticipated, with the remaining benefit to be realized by the end of 2012.
2011-12-31divestiture_reductionannounced2011-12-302012Office and Consumer Products (discontinued operations)USD 8 (millions)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Definitive agreement signed in December 2011 to sell the Office and Consumer Products business to 3M Company for $550 million gross cash proceeds, subject to adjustment; closing expected in the second half of 2012. Affected headcount not disclosed. The $8.2 million represents 2011 pretax OCP divestiture-related costs recorded in Other expense, net.
2011-12-31restructuringin_progress9102012-12-31WorldwideCompany-wide (charges split: Pressure-sensitive Materials $16.4M, Retail Branding and Information Solutions $19.9M, other specialty converting $8.2M, discontinued operations $0.7M)USD 45 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Severance and related costs for reduction of approximately 910 positions plus asset impairment and lease cancellation costs; approximately 80 of the affected employees remained at year-end 2011. About one-fourth of the anticipated $55 million annualized savings realized in 2011, remainder expected by end of 2012. Employee counts not split by segment; only charges are.
2011-12-31divestiture_reductionannounced2011-12-30United States (business headquartered operations; global footprint)Office and Consumer Products businessdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement signed to sell the Office and Consumer Products business to 3M for gross cash proceeds of $550 million; expected to close in the second half of 2012. Headcount associated with the divested business not disclosed; $8.2 million of divestiture-related costs recorded in 2011.
2011-12-31restructuringcompleted9102011-01-012012-12-31GlobalVariousUSD 45 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2011 Actions: Reduction of approximately 910 positions. Charges of $45 million including severance, asset impairment, and lease cancellation. Savings expected by end of 2012.
2011-12-31restructuringcompleted7252010-07-012012-12-31GlobalVariousUSD 10 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Q3 2010 - Q4 2010 Actions: Reduction of approximately 725 positions. Charges of $10 million. Savings expected by end of 2012.
2011-12-31restructuringcompleted4,3502008-10-012011-12-31GlobalVariousUSD 150 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2008 - Q2 2010 Program: Reduction of approximately 4,350 positions. Total charges of $150 million ($105 million cash). Savings realized through 2011.
2011-12-31restructuringin_progress91020112012-12-31GlobalVariousUSD 45 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2011 Actions: Reduction of approximately 910 positions. Charges include severance, asset impairment, and lease cancellation. Expected annualized savings of $55 million, with remainder realized by end of 2012.
2011-12-31restructuringcompleted7252010-07-012012-12-31GlobalVariousUSD 10 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Q3 2010 - Q4 2010 Actions: Reduction of approximately 725 positions. Charges recorded in 2010. Expected annualized savings of $12 million to be realized by end of 2012.
2011-12-31restructuringcompleted4,3502008-10-012011-12-31GlobalVariousUSD 150 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Q4 2008 - Q2 2010 Program: Reduction of approximately 4,350 positions. Total charges approx $150 million. Remainder of savings realized in 2011.
2011-12-31restructuringin_progress910Two Thousand Eleven [Member]restructuring_footnote
f5-10k / no-ai-xblr
2011-10-01restructuringin_progress7002012-03-31All geographic regionsAll segmentsUSD 29 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 700 positions targeted for reduction across all segments and regions during the first nine months of 2011; charges of $28.5M comprise $24.3M severance and related costs plus $4.2M asset impairment and lease cancellation. About 350 of the positions were cut in Q3 alone (severance accrued in Q3: $14.7M). Roughly 65 affected employees remained at October 1, 2011 and were expected to depart by Q1 2012. Full-year 2011 charges expected at approximately $45M ($42M cash), with about $55M annualized savings targeted by early 2013. Position counts are disclosed only as a consolidated program total, not by segment; segment-level severance accruals are disclosed but not position counts.
2011-10-01restructuringin_progress1,0402011-12-31All geographic regionsAll segmentsUSD 19 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2010 cost-reduction program reducing approximately 1,040 positions with $19M of 2010 charges ($15.3M severance, $3.7M impairment/lease cancellation); charges recorded in fiscal 2010, not the current period. Approximately 10 affected employees remained at October 1, 2011 and were expected to leave during 2011. A subset of this program (approximately 725 positions, Q3–Q4 2010, ~$10M charges) is expected to deliver about $12M annualized savings by end of 2012. Q3 2010 alone involved roughly 620 positions.
2011-10-01divestiture_reductioncompleted2011-10-28Performance films businesssubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to sell certain performance-filings assets entered into after quarter end; sale closed October 28, 2011 for proceeds of $21 million. Assets held for sale carried at $15.2 million at October 1, 2011. No headcount associated with the divestiture was disclosed.
2011-10-01restructuringin_progress7002011-01-012013-03-31GlobalAll segmentsUSD 29 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
First nine months of 2011 actions. Includes $24.3M severance and $4.2M asset impairment/lease cancellation. Expected savings of $55M annualized by early 2013.
2011-10-01restructuringcompleted1,0402010-01-012012-12-31GlobalAll segmentsUSD 19 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2010 actions (Q3/Q4 2010). Includes $15.3M severance and $3.7M asset impairment/lease cancellation. Expected savings of $12M annualized by end of 2012.
2011-10-01restructuringin_progress7002011-01-012012-03-31GlobalAll segmentsUSD 29 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2011 restructuring actions resulted in reduction of approx. 700 positions. Charges of $28.5M ($24.3M severance, $4.2M asset impairment/lease cancellation). Approx. 65 employees expected to leave by Q1 2012.
2011-10-01restructuringcompleted1,0402008-10-012011-12-31GlobalAll segmentsUSD 19 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2010 restructuring actions (part of program initiated late 2008) reduced approx. 1,040 positions. Charges of $19M ($15.3M severance, $3.7M asset impairment/lease cancellation). Approx. 10 employees expected to leave in 2011.
2011-10-01restructuringin_progressUSD 24,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-10-01restructuringin_progress700Two Thousand Eleven [Member]restructuring_footnote
f5-10q / no-ai-xblr
2011-07-02restructuringin_progress3552011-12-31All segments and geographic regionsAll segmentsUSD 14 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charge comprises $9.6M severance and $3.9M asset impairment/lease cancellation. Approximately 85 of the 355 positions remained as of 2011-07-02, expected to leave during 2011. MD&A cites ~$27M annualized savings by end of 2012.
2011-07-02restructuringin_progress1,0402011-12-31All segments and geographic regionsAll segmentsUSD 19 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2010 program: 1,040 positions reduced during 2010 with $19M in charges ($15.3M severance, $3.7M impairment/lease). Approximately 235 employees remained as of 2011-07-02, expected to leave in 2011. MD&A separately describes Q3–Q4 2010 actions (725 positions, ~$10M) and the Q4 2008–Q2 2010 program (4,350 positions, ~$150M, no further charges expected).
2011-07-02restructuringin_progress3552011-01-012011-12-31GlobalAll segmentsUSD 14 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges recorded in first six months of 2011. Includes $9.6M severance and $3.9M asset impairment/lease cancellation. Approximately 85 employees expected to leave in 2011.
2011-07-02restructuringcompleted1,0402010-01-012011-12-31GlobalAll segmentsUSD 19 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Actions initiated in 2010. Approximately 235 employees remained with the Company as of July 2, 2011, and are expected to leave in 2011.
2011-07-02restructuringin_progress3552011-01-012011-12-31GlobalAll segmentsUSD 14 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2011 actions: reduction of approx 355 positions impacting all segments. Charges of $13.5M ($9.6M severance, $3.9M asset impairment/lease cancellation). Approx 85 employees expected to leave in 2011.
2011-07-02restructuringin_progress1,0402010-01-012011-12-31GlobalAll segmentsUSD 19 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2010 actions: reduction of approx 1,040 positions. Total charges $19M ($15.3M severance, $3.7M asset impairment/lease cancellation). Approx 235 employees expected to leave in 2011.
2011-07-02restructuringin_progress355USD 9,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-04-02restructuringin_progress1852011All geographic regionsAll segmentsUSD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Actions implemented during the first three months of 2011; charges comprise $2.5M severance and related costs, $3.1M asset impairments, and $0.6M lease cancellations. Approximately 60 of the 185 affected employees remained at quarter end and are expected to leave during 2011. MD&A cites approximately $6M in pretax charges for the same program (deduplicated to footnote).
2011-04-02restructuringin_progress1,0402011All geographic regionsAll segmentsUSD 19 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Continuing 2010 cost-reduction program (approximately 1,040 positions reduced during 2010; $19M pretax charges recorded in 2010, not the current quarter). As of April 2, 2011, approximately 420 affected employees remained with the company and are expected to leave in 2011.
2011-04-02restructuringin_progress1852011-01-022011-12-31GlobalAll segmentsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Approximately 60 employees expected to leave in 2011. Charges include $2.5M severance, $3.1M asset impairment, $0.6M lease cancellation.
2011-04-02restructuringin_progress4202010-07-012011-12-31GlobalAll segmentsrestructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Remainder of employees impacted by Q3/Q4 2010 actions expected to leave in 2011. Original program affected ~1,040 positions.
2011-04-02restructuringin_progress1852011-01-022011-12-31GlobalAll segmentsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges include $2.5M severance, $3.1M asset impairment, $0.6M lease cancellation. 60 employees expected to leave in 2011.
2011-04-02restructuringin_progress4202010-01-012011-12-31GlobalAll segmentsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remainder of 2010 restructuring program. 420 employees remained with company as of April 2, 2011, expected to leave in 2011.
2011-01-01restructuringin_progress1,04020102011Not specifiedNot specifiedUSD 19 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Fiscal 2010 activity comprises continuation of the program initiated in late 2008 (~$9 million of charges recorded in 2010; cumulative program totals ~$150 million pretax charges covering ~4,350 positions, completed by Q2 2010 with no further charges expected) and new second-half 2010 actions (~725 positions, ~$10 million of charges, ~$12 million annualized savings expected to be realized by end of 2012). Charge composition per Note 10: $15.3 million severance and related costs, $2.6 million asset impairments (machinery, buildings, land), $1.1 million lease cancellations. Approximately 500 affected employees remained employed at fiscal year-end and were expected to depart in 2011; severance accrual balance of $8.4 million remained at January 1, 2011.
2011-01-01restructuringin_progress1,040Multiple segments (Pressure-sensitive Materials, Retail Information Services, Office and Consumer Products, other specialty converting businesses)USD 19 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Cumulative 2010 activity of a program initiated in late 2008 plus additional 2010 actions; charges comprise $15.3M severance, $2.6M asset impairment and $1.1M lease cancellation. MD&A attributes approximately 725 of the positions and about $10M of charges to second-half-2010 actions, and about $9M of full-year 2010 charges to the Q4 2008–Q2 2010 program. Approximately 500 affected employees remained at year-end and were expected to leave during 2011; anticipated annualized savings of about $12M by end of 2012.
2011-01-01restructuringcompleted7252010-07-012012-12-31GlobalMultiple segmentsUSD 10 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Q3/Q4 2010 actions: reduction of approximately 725 positions. Pretax charges of approximately $10 million consisting of severance, asset impairment, and lease cancellation costs. Savings expected by end of 2012.
2011-01-01restructuringcompleted4,3502008-10-012011-12-31GlobalMultiple segmentsUSD 150 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2008 - Q2 2010 Program: Reduction of approximately 4,350 positions. Total pretax charges of approximately $150 million. No further charges expected.
2011-01-01restructuringcompleted7252010-07-012012-12-31GlobalVariousUSD 10 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Q3/Q4 2010 actions. Includes severance, asset impairment, and lease cancellation costs. Savings expected by end of 2012.
2011-01-01restructuringcompleted4,3502008-10-012011-12-31GlobalVariousUSD 150 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Program initiated Q4 2008. Total pretax charges $150M. $9M recorded in 2010. Severance related to 4,350 positions.
2010-10-02restructuringin_progress9002011-12-31All geographic regionsAll segments (severance accrued across Pressure-sensitive Materials, Retail Information Services, Office and Consumer Products, and other specialty converting)USD 16 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
First nine months of 2010 pretax charges: $12.4M severance, $2.1M asset impairment, $1M lease cancellation. About 685 of the affected employees still with the Company at quarter end, majority expected to leave in 2011. MD&A adds that Q3 2010 alone recorded about $7M of pretax charges for additional actions covering roughly 585 positions (severance for about 620 positions cited in the Q3 Other expense discussion); these Q3 figures are components of the nine-month total and are not counted separately. No announcement date stated; program continues actions initiated in late 2008.
2010-10-02restructuringin_progress3,3352010-12-31All geographic regionsAll segmentsUSD 129 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2009 program (continuation of cost reduction program initiated in late 2008): $86.8M severance, $39.9M asset impairments, $2.4M lease cancellations. About 295 of these employees remain as of 2010-10-02 and are expected to leave in 2010. Severance accrual balance at quarter end was $4.6M. Announcement date not specified in filing.
2010-10-02restructuringin_progress9002010-01-012011-12-31GlobalAll SegmentsUSD 16 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Initiated late 2008, continued in 2010. 685 employees remain as of Oct 2, 2010, majority expected to leave in 2011. Charges include $12.4M severance, $2.1M asset impairment, $1M lease cancellation.
2010-10-02restructuringin_progress5852010-07-012012-12-31GlobalOffice and Consumer Products; Retail Information ServicesUSD 7 (millions)MD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Additional restructuring actions in Q3 2010. Anticipated $6M annualized savings by end of 2012.
2010-10-02restructuringin_progress9002010-01-012011-12-31GlobalAll segmentsUSD 16 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Program initiated in late 2008 and continued in 2010. Charges include $12.4M severance, $2.1M asset impairment, $1M lease cancellation. Approx 685 employees remain with company, majority expected to leave in 2011.
2010-10-02restructuringin_progress3,3352008-12-312010-12-31GlobalAll segmentsUSD 129 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2009 program continued from late 2008. Total charges $129.1M ($86.8M severance, $39.9M asset impairment, $2.4M lease cancellation). Approx 295 employees remain with company, expected to leave in 2010.
2010-07-03restructuringin_progress2802010-01-012010-12-31All segments and geographic regionsAll segments (Pressure-sensitive Materials, Retail Information Services, Office and Consumer Products, Other specialty converting)USD 7 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Continuation of cost reduction efforts initiated in late 2008. First six months of 2010 charges comprised $6.6M severance and related costs plus $0.8M asset impairment. Approximately 130 of the 280 affected employees remained as of 2010-07-03, expected to depart during 2010. Severance accrual balance at quarter-end was $3.9M.
2010-07-03restructuringin_progress3,3352008-10-012010-12-31All segments and geographic regionsAll segments (Pressure-sensitive Materials, Retail Information Services, Office and Consumer Products, Other specialty converting)USD 129 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2009 actions under the program initiated in late 2008: $86.8M severance and related costs, $39.9M asset impairments, $2.4M lease cancellations. Approximately 420 of the 3,335 affected employees remained as of 2010-07-03, expected to depart during 2010. Severance accrual balance at quarter-end was $9.1M. Announcement date approximate (program initiated in Q4 2008).
2010-07-03restructuringin_progress502008-10-012010-12-31GlobalAll segmentsUSD 2 (millions)MD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Reduction in headcount of approximately 50 positions in all segments and geographic regions during Q2 2010. Part of ongoing cost reduction efforts initiated in late 2008.
2010-07-03restructuringin_progress2802008-10-012010-12-31GlobalAll segmentsUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Total reduction of approximately 280 positions initiated in late 2008. As of July 3, 2010, approximately 130 employees remain and are expected to leave in 2010. Charges include $6.6M severance and $0.8M asset impairment.
2010-07-03restructuringin_progress2802008-12-312010-12-31GlobalAll segmentsUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Initiated in late 2008. Q2 2010 charges of $7.4M ($6.6M severance, $0.8M asset impairment). 130 employees remain with company expected to leave in 2010.
2010-07-03restructuringin_progress3,3352008-12-312010-12-31GlobalAll segmentsUSD 129 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Initiated in late 2008. Total pretax charges $129.1M. 420 employees remain with company expected to leave in 2010.
2010-04-03restructuringin_progress2302010-12-31All geographic regionsAll segmentsUSD 5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charges recorded in Q1 2010 comprise $4.7M severance and other employee costs plus $0.2M asset impairment. Approximately 95 of the affected employees remained with the Company at April 3, 2010 and are expected to leave during 2010. Part of the broader Q4 2008–2010 program described in MD&A (~4,265 positions cumulative, ~$146M pretax charges through Q1 2010).
2010-04-03restructuringin_progress3,3352010-12-31All geographic regionsAll segmentsUSD 129 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative 2009 pretax charges of $129.1M include $86.8M severance and related costs, $39.9M asset impairments, and $2.4M lease cancellations. Approximately 580 of these employees remained at April 3, 2010 and are expected to leave during 2010. Includes impairment of fixed assets, buildings, land and patents plus lease cancellations.
2010-04-03restructuringin_progress2302008-Q42010-12-31GlobalAll segmentsUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Initiated in late 2008. Q1 2010 charges of $4.9M include $4.7M severance and $0.2M asset impairment. ~95 employees remain to leave in 2010.
2010-04-03restructuringin_progress3,3352008-Q42010-12-31GlobalAll segmentsrestructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2009 actions continued into 2010. ~580 employees remain to leave in 2010. Total pretax charges for 2009 actions were $129.1M.
2010-04-03restructuringin_progress2302008-10-012010-12-31GlobalAll segmentsUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q4 2008-2010 actions. 230 positions reduced in Q1 2010. $4.7M severance, $0.2M asset impairment. 95 employees remain to leave in 2010.
2010-04-03restructuringin_progress5802008-10-012010-12-31GlobalAll segmentsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remainder of 2009 actions (initiated late 2008). 580 employees remain with company expected to leave in 2010. No new charges recorded in Q1 2010 for this specific cohort, but settlements occurred.
2010-01-02restructuringin_progress3,335Global (all geographic regions)All segments (Pressure-sensitive Materials, Retail Information Services, Office and Consumer Products, other specialty converting businesses)USD 129 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Fiscal 2009 activity of cost reduction program initiated in Q4 2008. FY2009 pretax charges of $129.1M comprise severance and related costs of $86.8M (by segment: PSM $27.2M, RIS $37.7M, OCP $9.0M, other specialty converting $12.9M), asset impairments of $39.9M (machinery/equipment $28.0M, buildings $7.9M, land $0.1M, patents $3.9M), and lease cancellations of $2.4M. Approximately 1,020 affected employees remained employed at 2010-01-02 and were expected to leave in 2010, with remaining charges expected in H1 2010. MD&A provides cumulative program context: ~$141M pretax charges and severance costs covering ~4,035 positions from Q4 2008 through end of 2009; total expected program charges ~$160M (~$110M cash) targeting ~$180M annualized savings, with $75M net savings realized in 2009. No specific announcement or completion dates disclosed. Note: MD&A cumulative position count (4,035) does not equal sum of Note 10 annual reductions (1,475 in 2008 + 3,335 in 2009); both figures extracted as stated.
2010-01-02restructuringin_progress3,3352010-06-30Worldwide (all segments and geographic regions)All segments: Pressure-sensitive Materials, Retail Information Services, Office and Consumer Products, other specialty converting businessesUSD 129 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2009 activity only: 3,335 positions reduced during 2009 with $129.1M pretax charges (severance $86.8M, asset impairment $39.9M, lease cancellations $2.4M). Part of a multi-year program initiated in Q4 2008 expected to generate ~$180M annualized savings by mid-2010; cumulative program charges of ~$141M and ~4,035 positions through end of 2009 against a ~$160M total expected charge. Approximately 1,020 impacted employees remained at year-end and were expected to leave in 2010. Specific announcement date not disclosed.
2010-01-02restructuringin_progress4,0352008-10-012010-06-30GlobalAll segmentsUSD 141 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Initiated in Q4 2008. Includes severance, asset impairment, and lease cancellation costs. Expected to generate $180 million in annualized savings by mid-2010.
2010-01-02restructuringcompleted6452008-01-012008-09-30GlobalVariousUSD 23 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Actions implemented during Q1-Q3 2008. Includes severance, asset impairment, and lease cancellation costs.
2010-01-02restructuringcompleted5552006-10-012007-12-31GlobalVariousUSD 31 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Actions initiated from late 2006 through end of 2007. Includes severance, asset impairment, and lease cancellation costs.
2010-01-02restructuringin_progress3,3352008-10-012010-06-30GlobalAll segmentsUSD 129 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Initiated in Q4 2008. 2009 activity included reduction of approx 3,335 positions. Total pretax charges in 2009 were $129.1 million (severance $86.8M, asset impairment $39.9M, lease cancellation $2.4M). Approx 1,020 employees remain with company expected to leave in 2010.
2010-01-02restructuringcompleted6452008-01-012008-09-30GlobalAll segmentsUSD 23 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Q1 2008 - Q3 2008 actions. Severance and employee-related costs for approx 645 positions. Pretax charges of $22.8 million.
2010-01-02restructuringcompleted5552006-10-012007-12-31GlobalAll segmentsUSD 31 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Q4 2006 - 2007 actions. Severance and employee-related costs for approx 555 positions. Pretax charges of $31.4 million.
2009-10-03restructuringin_progress2,4202010Global — all segments and geographic regionsAll segmentsUSD 70 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program initiated in Q4 2008; 2009 charges totaled $102.2M ($69.9M severance, $29.9M asset impairment, $2.4M lease cancellation). About 420 affected employees remained at quarter-end, expected to leave by 2010. MD&A reports roughly 490 of the positions were eliminated in Q3 2009 alone; severance accrual balance at 2009-10-03 was $39.5M. Program expected to generate ~$160M annualized savings by mid-2010.
2009-10-03restructuringin_progress1,4752009Global — all segmentsAll segmentsUSD 30 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2008 cost reduction actions totaling $40.7M in charges (including $7.7M fixed asset/building impairment, $2.3M lease cancellations, $0.9M software impairment). Approximately 10 affected employees remained at 2009-10-03, expected to leave during 2009; severance accrual balance was $1.7M.
2009-10-03restructuringin_progress2,4202008-10-012010-12-31GlobalAll segmentsUSD 102 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Initiated in Q4 2008. Charges include $69.9M severance, $29.9M asset impairment, $2.4M lease cancellation. Approximately 420 employees remain with company expected to leave by 2010.
2009-10-03restructuringcompleted1,4752008-01-012008-12-31GlobalAll segmentsUSD 41 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Actions implemented in 2008. Charges include $29.8M severance, $7.7M asset impairment, $2.3M lease cancellation, $0.9M software impairment. Approximately 10 employees remain expected to leave in 2009.
2009-10-03restructuringin_progress4902008-10-012010-06-30GlobalAll segmentsUSD 27 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Q3 2009 reduction in headcount of approx 490 positions across all segments and geographic regions. Part of Q4 2008 initiated action.
2009-10-03restructuringin_progress2,4202008-10-012010-06-30GlobalAll segmentsUSD 70 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
YTD 2009 reduction in headcount of approx 2,420 positions across all segments and geographic regions. Part of Q4 2008 initiated action.
2009-07-04restructuringin_progress1,9302008-12-272009-12-31All geographic regionsAll segmentsUSD 43 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program initiated in Q4 2008 (filing gives no exact announcement date; date shown is fiscal year-end 2008). Severance and other employee costs of $42.9M for positions eliminated in the first six months of 2009; total 2009 charges were $68.7M including $25.2M asset impairment and $0.6M lease cancellation. Approximately 205 affected employees remained at July 4, 2009 and were expected to leave during 2009. MD&A reports cumulative program charges of $81M and about 2,600 positions since Q4 2008. Severance accruals were disclosed by segment (Pressure-sensitive Materials, Retail Information Services, Office and Consumer Products, other specialty converting) but position counts were not broken out by segment.
2009-07-04restructuringin_progress1,2052008-12-272009-12-31All geographic regionsAll segmentsUSD 26 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Second-quarter 2009 tranche of the same Q4 2008 cost reduction program: approximately 1,205 positions reduced during the three months ended July 4, 2009, with Q2 restructuring (severance) costs of $25.8M plus $3.3M asset impairment and $0.5M lease cancellation charges. Included here because the filer discloses the quarterly position count separately from the year-to-date total; the 1,205 Q2 positions are a subset of the 1,930 year-to-date figure.
2009-07-04restructuringin_progress1,9302008-10-01GlobalAll segmentsUSD 69 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Initiated in Q4 2008. Charges recorded in 2009 include $42.9M severance and $25.8M asset/lease costs. Approximately 205 employees remain to leave in 2009.
2009-07-04restructuringcompleted1,4752008-01-01GlobalAll segmentsUSD 41 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Actions implemented in 2008. Approximately 90 employees related to these charges remain with the Company and are expected to leave in 2009.
2009-07-04restructuringin_progress1,9302008-10-012010-06-30GlobalAll segmentsUSD 69 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Initiated in Q4 2008. YTD 2009 charges of $68.7M include $42.9M severance for ~1,930 positions. Expected to generate >$160M annualized savings by mid-2010.
2009-07-04restructuringin_progress1,4752008-01-01GlobalAll segmentsUSD 41 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q1-Q3 2008 actions. Total charges $40.7M including $29.8M severance for ~1,475 positions. ~90 employees remain with company as of July 4, 2009.
2009-04-04restructuringin_progress1,42510%2009-12-31Global (all segments and geographic regions)All segmentsUSD 51 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
New cost reduction program initiated in Q4 2008, targeting over $150 million annualized savings by mid-2010; approximately $160 million total restructuring charges expected ($130 million cash). Charges of $51.4 million recorded through Q1 2009, of which $39.1 million (725 positions eliminated) was recorded in Q1 2009; approximately 225 affected employees remain and are expected to leave during 2009. Program described as affecting approximately 10% of global workforce; no total headcount disclosed, so implied total cannot be validated.
2009-04-04restructuringin_progress6452009-12-31Global (all segments and geographic regions)All segmentsUSD 23 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cost reduction actions implemented during the first three quarters of 2008. Note 9 reports that across all 2008 actions (approximately 1,475 positions, $40.7 million charges) about 130 employees remained at April 4, 2009 and were expected to leave during 2009; the 130-employee residual covers all 2008 actions, not solely this sub-component.
2009-04-04restructuringin_progress7252008-10-012009-12-31GlobalAll segmentsUSD 39 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Initiated in Q4 2008. Q1 2009 charges include $17.1M severance for 725 positions and $21.9M asset impairment. Approximately 225 employees remain to leave in 2009.
2009-04-04restructuringin_progress1302008-01-012009-12-31GlobalAll segmentsrestructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2008 actions. Approximately 130 employees remain with the Company and are expected to leave in 2009.
2009-04-04restructuringin_progress7252008-10-012009-12-31GlobalAll segmentsUSD 39 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Initiated in Q4 2008. Q1 2009 charge includes $17.1M severance for 725 positions, $21.9M asset impairment, and $0.1M lease cancellations. 225 employees remain to leave in 2009.
2009-04-04restructuringin_progress1302008-01-012009-12-31GlobalAll segmentsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2008 actions (Q1-Q3). 130 employees remain with the Company and are expected to leave in 2009.
2008-12-27restructuringin_progress6452009All segments and corporate (Q1–Q3 severance accruals recorded across Pressure-sensitive Materials, Retail Information Services, Office and Consumer Products, other specialty converting businesses and corporate per Note 10)USD 23 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Cost reduction actions implemented during the first three quarters of fiscal 2008 (severance, asset impairment and lease cancellation charges). Component of 2008 cost reduction actions totaling ~1,475 positions and $40.7 million of pretax charges per Note 10 (restructuring footnote); ~640 impacted employees of the 2008 program remained employed at year end and were expected to leave in 2009. Annualized savings of ~$20 million expected from these actions, most benefiting 2009.
2008-12-27restructuringin_progress70010%2010GlobalAll segments and geographic regionsUSD 12 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
New program initiated in Q4 2008 in response to worsening market conditions. The ~10% expected impact on the global workforce (implying roughly 3,500+ positions vs. the 35,700 year-end total) and ~$120 million of expected restructuring charges (majority to be incurred in 2009) refer to the full program, targeting ~$150 million of annualized savings by 2010, of which ~$70 million net is expected to benefit 2009. The 700 positions and $12.3 million relate to severance and related charges recorded in Q4 2008, which are included within Note 10's consolidated 2008 total of ~1,475 positions and $40.7 million; ~$18 million of savings expected in 2009 from these Q4 charges.
2008-12-27restructuringcompleted130Retail Information ServicesUSD 6 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Paxar integration restructuring recorded in the Consolidated Statement of Income in 2008; charge includes severance, asset impairment and lease cancellation charges where applicable. Part of Paxar integration actions totaling ~1,695 positions across 2007–2008 in the Retail Information Services segment; this 2008 component is included within Note 10's consolidated 2008 cost reduction actions (~1,475 positions, $40.7 million). Company stated the Paxar integration was essentially complete at year-end 2008.
2008-12-27restructuringcompleted510Retail Information ServicesUSD 6 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Involuntary terminations of Paxar employees settled against the acquisition-date purchase price liability: $21.1 million was accrued at the June 2007 Paxar acquisition for ~1,365 Paxar employees, with $12.2 million settled in 2008 and $3.1 million remaining accrued at December 27, 2008. The $6.0 million shown for 2008 is a purchase price adjustment, not an income-statement charge. Combined with 2007 actions (855 positions), purchase-price actions cover ~1,365 positions; this 510-position component is separate from Note 10's 1,475-position consolidated 2008 total.
2008-12-27acquisition_additioncompletedRetail Information Servicesbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
DM Label Group acquired April 1, 2008; operations included in the Retail Information Services segment. The acquisition contributed approximately $36 million of revenue in 2008. The number of employees added through the acquisition was not disclosed.
2008-12-27restructuringin_progress6452009USD 23 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Pretax charges covering severance, asset impairment and lease cancellation costs. Note 10 reports approximately 640 employees across all 2008 actions still employed at year-end, expected to leave during 2009.
2008-12-27restructuringin_progress7002009WorldwideAll segments and geographic regionsUSD 12 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
New program begun in Q4 2008 targeting roughly 10% of the global workforce, about $150M annualized savings by 2010 and about $120M of restructuring charges, most in 2009; $18M of savings expected in 2009. Announcement date not specified beyond Q4 2008.
2008-12-27restructuringin_progress1302009Retail Information ServicesUSD 6 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Current-year portion of the multi-year Paxar integration program (cumulative 1,695 positions since the June 2007 acquisition). Included in Note 10's 2008 total of approximately 1,475 positions and $40.7M pretax charges.
2008-12-27restructuringin_progress510Retail Information ServicesUSD 6 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Headcount reductions recorded as purchase price allocation adjustments rather than in Other expense, net; therefore excluded from Note 10's 1,475-position / $40.7M 2008 cost-reduction total.
2008-12-27acquisition_additioncompleted2008-04-01Retail Information Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of DM Label Group completed April 1, 2008; added approximately $36 million of revenue since acquisition. Headcount acquired not disclosed.
2008-12-27restructuringin_progress7002008-10-01GlobalAll segmentsUSD 12 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2008 actions impacting approximately 10% of global workforce. Charges include severance, asset impairment, and lease cancellation.
2008-12-27restructuringcompleted6452008-01-01GlobalAll segmentsUSD 23 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Q1-Q3 2008 actions. Charges include severance, asset impairment, and lease cancellation.
2008-12-27acquisition_additioncompleted2008-04-01GlobalRetail Information ServicesMD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of DM Label Group. Headcount not explicitly disclosed in total, but included in segment operations.
2008-12-27restructuringcompleted1302008-01-01GlobalRetail Information ServicesUSD 6 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Part of ongoing Paxar integration actions in 2008.
2008-12-27restructuringcompleted5102008-01-01GlobalRetail Information ServicesUSD 6 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Purchase price adjustments related to Paxar acquisition headcount reductions.
2008-12-27restructuringcompleted1,6952007-06-152008-12-27WorldwideRetail Information ServicesUSD 126 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Integration actions resulting in headcount reductions. Includes 2007 and 2008 restructuring and purchase price adjustments. Integration essentially complete at year end.
2008-12-27restructuringin_progress7002008-10-01WorldwideAll segmentsUSD 12 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
New restructuring actions initiated in Q4 2008 impacting approximately 10% of global workforce. Charges include severance, asset impairment, and lease cancellation.
2008-12-27restructuringcompleted6452008-01-012008-09-30WorldwideAll segmentsUSD 23 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Cost reduction actions implemented during first three quarters of 2008.
2008-09-27restructuringin_progress310Global — all segments and geographic regionsAll segments (Pressure-sensitive Materials, Retail Information Services, Office and Consumer Products, other specialty converting, Corporate)USD 13 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pretax charge recorded in the quarter ended 2008-09-27; no separate announcement date disclosed. Charge comprises $8.7M severance and other employee costs, $2.9M asset impairment and $0.9M lease cancellation. About 175 of the 310 affected positions were still employed at quarter end, expected to depart by early 2009. Severance accrual balance at quarter end was $7.9M after $0.8M of 2008 settlements.
2008-09-27restructuringin_progress310Global — all segments and geographic regionsAll segments (Pressure-sensitive Materials, Retail Information Services, Office and Consumer Products, Corporate)USD 10 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pretax charge recorded in the quarter ended 2008-06-28; no separate announcement date disclosed. Charge comprises $7.2M severance and other employee costs, $1.7M asset impairment and $1.4M lease cancellation. About 110 of the 310 affected positions were still employed at 2008-09-27, expected to depart by early 2009. Severance accrual balance at quarter end was $4.2M.
2008-09-27restructuringin_progress155Global — all segments and geographic regionsAll segments (Pressure-sensitive Materials, Retail Information Services, Office and Consumer Products, other specialty converting, Corporate)USD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pretax charge recorded in the quarter ended 2008-03-29; no separate announcement date disclosed. Charge comprises $3.3M severance and other employee costs and $2.3M asset impairment. About 60 of the 155 affected positions were still employed at 2008-09-27, expected to depart by early 2009. Severance accrual balance at quarter end was $0.9M. Note 10 quarterly counts (155 + 310 + 310 = 775) reconcile to the MD&A narrative figure of approximately 775 positions reduced in the first nine months of 2008; the MD&A summary table shows a lower 'accrued expense' headcount of 645 because it excludes Paxar acquisition-related actions.
2008-09-27restructuringin_progress510GlobalRetail Information Services (Paxar integration)USD 6 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2008 portion of headcount reductions recorded as purchase price allocation adjustments (not in the income statement), covering severance, asset impairment and lease cancellation charges. Part of a total Paxar integration headcount reduction of approximately 1,,695 positions across 2007-2008; the 2008 restructuring component of 130 positions ($5.6M, recorded in the income statement) is already embedded in the Note 10 quarterly records above and is not emitted separately to avoid double-counting. No announcement or completion date disclosed.
2008-09-27restructuringin_progress3102008-07-012009-03-31GlobalAll segmentsUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q3 2008 actions. Includes $8.7M severance, $2.9M asset impairment, $0.9M lease cancellation. ~175 employees remain, expected to leave by early 2009.
2008-09-27restructuringin_progress3102008-04-012009-03-31GlobalAll segmentsUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q2 2008 actions. Includes $7.2M severance, $1.7M asset impairment, $1.4M lease cancellation. ~110 employees remain, expected to leave by early 2009.
2008-09-27restructuringin_progress1552008-01-012009-03-31GlobalAll segmentsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q1 2008 actions. Includes $3.3M severance, $2.3M asset impairment. ~60 employees remain, expected to leave by early 2009.
2008-09-27restructuringin_progress6152006-10-012009-03-31GlobalAll segmentsUSD 58 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2007 actions initiated late 2006. Includes $21.6M severance, $17.4M fixed asset impairment, $17.1M software impairment, $1.4M lease cancellation. ~70 employees remain, expected to leave by early 2009.
2008-09-27acquisition_additioncompleted2008-04-012008-04-01GlobalRetail Information Servicesbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of DM Label Group. Headcount not explicitly disclosed.
2008-09-27acquisition_additioncompleted2007-06-152007-06-15GlobalRetail Information Servicesbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Paxar Corporation. Headcount not explicitly disclosed in this filing, though integration actions reduced 1,695 positions.
2008-09-27restructuringcompleted1,3652007-06-152008-12-31GlobalRetail Information ServicesUSD 21 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Paxar integration actions. $21.1M severance for involuntary terminations. $6.5M balance remaining at Sept 27, 2008.
2008-09-27restructuringin_progress3102008-07-012009-03-31GlobalAll segmentsUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q3 2008 action. Includes $8.7M severance, $2.9M asset impairment, $0.9M lease cancellation. Approx 175 employees remain with company, expected to leave by early 2009.
2008-09-27restructuringin_progress3102008-04-012009-03-31GlobalAll segmentsUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q2 2008 action. Includes $7.2M severance, $1.7M asset impairment, $1.4M lease cancellation. Approx 110 employees remain with company, expected to leave by early 2009.
2008-09-27restructuringin_progress1552008-01-012009-03-31GlobalAll segmentsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q1 2008 action. Includes $3.3M severance, $2.3M asset impairment. Approx 60 employees remain with company, expected to leave by early 2009.
2008-09-27restructuringin_progress6152006-12-012009-03-31GlobalAll segmentsUSD 58 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2007 actions initiated late 2006. Includes $21.6M severance, $17.4M fixed asset impairment, $17.1M software impairment, $1.4M lease cancellation. Approx 70 employees remain with company, expected to leave by early 2009.
2008-09-27restructuringin_progress1,3652007-06-15GlobalRetail Information ServicesUSD 25 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Paxar acquisition integration actions. Includes $21.1M severance for involuntary terminations, $3.2M lease cancellation, $0.7M other costs. Recorded as part of purchase price allocation.
2008-06-28restructuringin_progress1552008-12-31GlobalAll segmentsUSD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pretax charge of $5.6M: $3.3M severance and other employee costs plus $2.3M asset impairment. About 60 affected employees remained as of 2008-06-28, expected to depart during 2008. Footnote count (155) exceeds the MD&A summary table count (105) because the footnote includes Paxar-related restructuring.
2008-06-28restructuringin_progress3102008-12-31GlobalAll segmentsUSD 10 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pretax charge of $10.3M: $7.2M severance and other employee costs, $1.7M asset impairment, $1.4M lease cancellation. About 115 affected employees remained as of 2008-06-28, expected to depart during 2008. Severance by segment: Pressure-sensitive Materials $0.1M, Retail Information Services $2.7M, Office and Consumer Products $4.2M, Corporate $0.2M.
2008-06-28restructuringin_progress5102008-12-31GlobalRetail Information ServicesUSD 6 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2008 portion of Paxar integration headcount reductions recorded as purchase price adjustments (severance, impairment and lease cancellation). Part of 1,695 total positions reduced through Paxar integration; separate from the Note 10 restructuring counts, which cover the 130-position Paxar 2008 restructuring line.
2008-06-28restructuringin_progress3102008-04-012008-12-31GlobalAll segmentsUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q2 2008 pretax charge of $10.3 million consisting of $7.2 million severance, $1.7 million asset impairment, and $1.4 million lease cancellation. Approximately 115 employees remain with the company and are expected to leave in 2008.
2008-06-28restructuringin_progress1552008-01-012008-12-31GlobalAll segmentsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q1 2008 pretax charge of $5.6 million consisting of $3.3 million severance and $2.3 million asset impairment. Approximately 60 employees remain with the company and are expected to leave in 2008.
2008-06-28restructuringin_progress6152006-10-012008-12-31GlobalAll segmentsUSD 58 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2007 cost reduction actions initiated in late 2006. Total pretax charges of $57.5 million including $21.6 million severance, $17.4 million fixed asset impairment, $17.1 million software impairment, and $1.4 million lease cancellation. Approximately 100 employees remain with the company and are expected to leave in 2008.
2008-06-28acquisition_additioncompleted2008-04-012008-04-01GlobalRetail Information Servicesbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of DM Label Group completed April 1, 2008. Impact on revenues and earnings not anticipated to be significant.
2008-06-28restructuringcompleted1,3652007-06-152008-06-28GlobalRetail Information ServicesUSD 21 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Paxar acquisition integration actions. Severance costs for involuntary terminations of approximately 1,365 Paxar employees. Balance of $11.4 million remained accrued at June 28, 2008.
2008-06-28restructuringin_progress3102008-04-012008-12-31GlobalAll segmentsUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q2 2008 action: $7.2M severance, $1.7M asset impairment, $1.4M lease cancellation. ~115 employees remain to leave in 2008.
2008-06-28restructuringin_progress1552008-01-012008-12-31GlobalAll segmentsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q1 2008 action: $3.3M severance, $2.3M asset impairment. ~60 employees remain to leave in 2008.
2008-06-28restructuringin_progress6152006-10-012008-12-31GlobalAll segmentsUSD 58 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2007 initiated actions: $21.6M severance, $17.4M fixed asset impairment, $17.1M software impairment, $1.4M lease cancellation. ~100 employees remain to leave in 2008.
2008-06-28acquisition_additioncompleted2008-04-012008-04-01GlobalRetail Information Servicesbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of DM Label completed April 1, 2008. Headcount not explicitly disclosed.
2008-06-28restructuringin_progress1,3652007-06-152008-12-31GlobalRetail Information ServicesUSD 25 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Paxar acquisition integration actions: $21.1M severance for 1,365 involuntary terminations, $3.2M lease cancellation, $0.7M other. Balance at June 28, 2008: $11.4M severance, $3.9M other.
2008-03-29restructuringin_progress1552008-12-31All geographic regionsAll segmentsUSD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pretax charge comprised $3.3M severance/employee costs and $2.3M asset impairment; about 60 affected employees remained at quarter end, expected to depart during 2008. MD&A restructuring table separately reports 105 positions and $4.3M accrued expense for Q1 2008.
2008-03-29restructuringin_progress6152008-12-31All geographic regionsAll segmentsUSD 58 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program initiated in late 2006 and expanded during 2007; charges include $21.6M severance, $17.4M fixed asset/building impairment, $17.1M software impairment, $1.4M lease cancellations. About 210 affected employees still with the company at 2008-03-29, expected to leave during 2008. MD&A presents a related 555-position, $31.4M accrued-expense view for Q4 2006–2007 actions.
2008-03-29restructuringin_progress1,2852007-06-15Global (Paxar operations)Retail Information ServicesUSD 19 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance for involuntary terminations of approximately 1,285 Paxar employees recorded in the preliminary purchase price allocation; $11.4M of the accrual remained at 2008-03-29 after 2007 and 2008 settlements. Also includes $2.5M lease cancellations and $0.7M other costs.
2008-03-29restructuringin_progress50Global (Paxar operations)Retail Information ServicesUSD 1 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Current-year portion of Paxar integration restructuring recorded in the income statement; a prior 2007 component of 200 positions ($31.2M) is also shown in the same table. Total Paxar integration actions across all periods: 1,535 positions.
2008-03-29acquisition_additionannounced2008-04-01Taipei, TaiwanRetail Information Servicessubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of privately held apparel interior label manufacturer completed 2008-04-01, after quarter end; no headcount figure disclosed and revenue/earnings impact described as not significant for 2008.
2008-03-29restructuringin_progress1552008-01-012008-12-31GlobalAll segmentsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Includes $3.3M severance and $2.3M asset impairment. Approximately 60 employees remain with the company and are expected to leave in 2008.
2008-03-29restructuringin_progress2007-06-15GlobalRetail Information Services (Paxar)USD 22 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Paxar acquisition integration actions recorded in purchase price allocation. Includes 1,285 involuntary terminations ($19.2M severance), lease cancellations ($2.5M), and other costs ($0.7M).
2008-03-29acquisition_additioncompleted2008-04-01TaiwanRetail Information Servicessubsequent_events
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of DM Label Group on April 1, 2008. Impact on revenues and earnings not anticipated to be significant.
2008-03-29restructuringin_progress1552008-01-012008-12-31GlobalAll segmentsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Includes $3.3M severance and $2.3M asset impairment. 60 employees remain with company expected to leave in 2008.
2008-03-29restructuringin_progress1,2852007-06-15GlobalRetail Information ServicesUSD 22 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Paxar acquisition integration actions. Includes $19.2M severance for involuntary terminations, $2.5M lease cancellations, and $0.7M other costs.
2008-03-29restructuringin_progress6152006-10-012008-12-31GlobalAll segmentsUSD 58 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Initiated late 2006 through end of 2007. Includes $21.6M severance, $17.4M fixed asset impairment, $17.1M software impairment, $1.4M lease cancellations. 210 employees remain expected to leave in 2008.
2007-12-29restructuringin_progress61520072008Global (all segments and geographic regions)All segments: Pressure-sensitive Materials, Retail Information Services, Office and Consumer Products, other specialty converting businesses, CorporateUSD 58 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
2007 cost reduction actions resulted in a headcount reduction of approximately 615 positions. Pretax charges of $57.5 million comprised severance and related costs of $21.6 million, fixed asset and building impairment of $17.4 million, software impairment of $17.1 million and lease cancellation charges of $1.4 million. Approximately 295 impacted employees remained at year-end and were expected to leave in 2008; the 2007 severance accrual balance at December 29, 2007 was $15.5 million. MD&A separately presents 415 positions ($26.3 million) for 2007 actions excluding Paxar integration-related actions and 140 positions ($5.1 million) for the Q4 2006 program initiated in the prior fiscal year.
2007-12-29restructuringin_progress8552007-06-15GlobalRetail Information Services (Paxar operations)USD 18 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Involuntary terminations of approximately 855 Paxar employees, recorded in the preliminary purchase price allocation as part of roughly $28 million of restructuring liabilities identified at the June 15, 2007 acquisition close. Integration-related purchase price adjustments totaled $27.7 million, also including $6.7 million asset impairment, $2.5 million lease cancellation and $0.5 million other. Severance accrual balance of $12.2 million remained at December 29, 2007. Together with a separate 200-position P&L restructuring component, total Paxar integration actions reduced headcount by approximately 1,055 positions in the Retail Information Services segment.
2007-12-29acquisition_additioncompleted2007-06-15GlobalRetail Information Servicesbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquisition of Paxar Corporation completed June 15, 2007 for a total purchase price of approximately $1.3 billion; Paxar operations were included in the Retail Information Services segment. The number of employees added through the acquisition is not disclosed in this filing; consolidated year-end headcount was 37,300 versus 22,700 at the end of fiscal 2006.
2007-12-29restructuringin_progress6152008-12-31WorldwideAll segmentsUSD 58 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program initiated in late 2006 and continued through 2007; charges comprise severance $21.6M, fixed asset/building impairment $17.4M, software impairment $17.1M and lease cancellations $1.4M. Approximately 295 impacted employees remained at year end and were expected to leave in 2008. MD&A presents a narrower cut of 555 positions and $31.4M accrued expense (Q4 2006: 140 positions/$5.1M; 2007 excluding Paxar: 415 positions/$26.3M).
2007-12-29restructuringin_progress2002007-06-15WorldwideRetail Information ServicesUSD 31 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
P&L restructuring component of the Paxar integration program; separate from 855 positions recorded as purchase price adjustments.
2007-12-29restructuringin_progress8552007-06-15WorldwideRetail Information ServicesUSD 18 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Involuntary terminations of approximately 855 former Paxar employees recorded within the preliminary purchase price allocation ($18M severance, plus $2.5M lease cancellation, $0.5M other, and $6.7M machinery/equipment fair value reduction = $27.7M total purchase price adjustments). Combined with the 200-position P&L component, the program totals approximately 1,055 positions.
2007-12-29acquisition_additioncompleted2007-06-152007-06-15WorldwideRetail Information ServicesUSD 129 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Paxar Corporation completed June 15, 2007 for approximately $1.3 billion ($30.50 per share cash). Paxar employee headcount added is not disclosed; total acquisition-related costs of $129.0M include $101.9M integration actions and $27.1M change-in-control payments. Paxar represented 9% of consolidated total assets and 8% of total revenues for the period.
2007-12-29restructuringin_progress5552006-10-012009-12-31WorldwideAll segmentsUSD 31 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Initiated late 2006 through end of 2007. Includes severance, asset impairment, and lease cancellation charges. Expected to yield annualized pretax savings of $45-$50 million.
2007-12-29restructuringcompleted1,1502005-10-012006-12-31WorldwideAll segmentsMD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Initiated in fourth quarter of 2005. Completed in 2006. Resulted in headcount reductions of approximately 1,150 positions.
2007-12-29restructuringin_progress1,0552007-06-152010-12-31WorldwideRetail Information ServicesUSD 102 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Related to Paxar acquisition integration. Includes severance, asset impairment, and lease cancellation charges. Expected to result in significant cost synergies.
2007-12-29acquisition_additioncompleted2007-06-152007-06-15WorldwideRetail Information ServicesItem 1. Business
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Paxar Corporation completed June 15, 2007. Specific headcount added not explicitly disclosed, but integration actions reduced 1,055 positions.
2007-12-29restructuringin_progress5552006-10-01WorldwideAll segmentsUSD 31 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Q4 2006 and 2007 restructuring actions (excluding Paxar). Includes severance, asset impairment, and lease cancellation charges.
2007-12-29restructuringin_progress1,0552007-06-15WorldwideRetail Information ServicesUSD 102 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Paxar integration actions including restructuring and purchase price adjustments. Excludes change-in-control costs.
2007-12-29acquisition_additioncompleted2007-06-15WorldwideRetail Information ServicesItem_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Paxar Corporation completed June 15, 2007. Specific headcount added not disclosed, but total workforce grew to approx. 37,000.
2007-09-29restructuringin_progress230GlobalAll segmentsUSD 29 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pretax charge of $28.8M: $21.3M asset impairment and lease cancellation, $7.5M severance and related costs. Approximately 135 of the affected employees remained with the Company at quarter-end.
2007-09-29restructuringcompleted202007-06-30GlobalPressure-sensitive Materials; Retail Information ServicesUSD 10 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charge comprised $9.5M software asset impairment (acquisition-related) and $0.9M severance. All affected employees left during Q2 2007; included in year-to-date 2007 activity.
2007-09-29restructuringcompleted752007-03-31GlobalPressure-sensitive Materials; Office and Consumer ProductsUSD 2 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance and related costs only; all affected employees had left the Company by September 29, 2007. Included in year-to-date 2007 activity.
2007-09-29restructuringin_progress5322007-06-15GlobalRetail Information Services (Paxar integration)USD 7 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance for involuntary terminations of 532 Paxar employees identified as part of the preliminary purchase price allocation; also includes $1.3M lease cancellation and $0.5M other costs. $5.6M severance accrual remained at quarter-end.
2007-09-29acquisition_additioncompleted2007-06-152007-06-15GlobalRetail Information Servicesbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Paxar Corporation acquisition closed June 15, 2007 for approximately $1.33 billion; headcount added through the acquisition is not disclosed in this filing.
2007-09-29restructuringin_progress2302007-07-01GlobalAll segmentsUSD 29 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Third quarter 2007 action. Charge includes $21.3M asset impairment/lease cancellation and $7.5M severance. Approximately 135 employees remain with the company as of period end.
2007-09-29restructuringcompleted202007-04-01GlobalPressure-sensitive Materials, Retail Information ServicesUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Second quarter 2007 action. Charge includes $9.5M asset impairment and $0.9M severance. All impacted employees left during the quarter.
2007-09-29restructuringcompleted752006-12-30GlobalPressure-sensitive Materials, Office and Consumer ProductsUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
First quarter 2007 action. Charge relates to severance and related costs. All impacted employees have left the company as of period end.
2007-09-29restructuringin_progress5322007-06-15GlobalRetail Information Services (Paxar)USD 7 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Paxar acquisition-related restructuring. Charge includes severance for involuntary terminations. Part of preliminary purchase price allocation.
2007-09-29restructuringin_progress2302007-07-01GlobalAll segmentsUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Third quarter 2007 action. Includes $21.3M asset impairment/lease cancellation. 135 employees remain with company as of Sept 29, 2007.
2007-09-29restructuringcompleted202007-04-012007-06-30GlobalPressure-sensitive Materials, Retail Information ServicesUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Second quarter 2007 action. All impacted employees left during Q2 2007.
2007-09-29restructuringcompleted752007-01-012007-03-31GlobalPressure-sensitive Materials, Office and Consumer ProductsUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
First quarter 2007 action. All impacted employees left as of Sept 29, 2007.
2007-09-29restructuringin_progress5322007-06-15GlobalRetail Information Services (Paxar)USD 7 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Paxar acquisition integration actions. Recorded in preliminary purchase price allocation.
2007-06-30restructuringcompleted202007-06-30Pressure-sensitive Materials; Retail Information ServicesUSD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pretax severance charge for eliminating approximately 20 employees; all impacted employees had left the Company by June 30, 2007.
2007-06-30restructuringin_progress752007-12-31Pressure-sensitive Materials; Office and Consumer ProductsUSD 2 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charge recorded in Q1 2007 for eliminating approximately 75 positions; approximately 25 impacted employees remained with the Company at June 30, 2007 and were expected to leave during 2007. Announcement date not disclosed.
2007-06-30restructuringin_progress1102007-12-31Multiple segments and Corporaterestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Carryover of 2006 cost reduction actions (new actions initiated in Q4 2006 eliminated approximately 180 positions; total 2006 pretax charges of $29.3 million). Approximately 110 employees remained at June 30, 2007, expected to leave in 2007.
2007-06-30acquisition_additioncompleted2007-06-152007-06-15GlobalRetail Information Servicesbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Paxar Corporation completed June 15, 2007 for approximately $1.33 billion; Paxar headcount added not disclosed. Paxar contributed approximately $37 million in sales from June 15-30, 2007.
2007-06-30restructuringin_progress252007-06-152008-12-31Retail Information Services (Paxar integration)USD 2 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Exit and integration actions identified from the Paxar acquisition totaling approximately $4 million (including about $1 million of lease costs through 2010); severance for involuntary terminations of approximately 25 Paxar employees payable through 2008, with about 20 of the impacted positions still employed at June 30, 2007. All $4 million remained accrued at quarter-end.
2007-06-30restructuringcompleted202007-04-012007-06-30GlobalPressure-sensitive Materials, Retail Information ServicesUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Second quarter 2007 action. All impacted employees left the company by period end.
2007-06-30restructuringin_progress752007-01-012007-12-31GlobalPressure-sensitive Materials, Office and Consumer ProductsUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
First quarter 2007 action. Approximately 25 employees remain with the company and are expected to leave during 2007.
2007-06-30restructuringin_progress1102006-10-012007-12-31GlobalMultiple Segmentsrestructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Actions initiated in Q4 2006. 110 employees remain with the company as of June 30, 2007, and are expected to leave in 2007.
2007-06-30acquisition_additioncompleted2007-06-152007-06-15GlobalRetail Information ServicesUSD 4 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Paxar Corporation. $4 million in exit activities and integration actions identified, including severance for approximately 25 Paxar employees. Approximately 20 of these positions remain with the company as of June 30, 2007.
2007-06-30restructuringcompleted202007-04-012007-06-30GlobalPressure-sensitive Materials; Retail Information ServicesUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Second quarter 2007 action. All impacted employees left the company by period end.
2007-06-30restructuringin_progress752007-01-012007-12-31GlobalPressure-sensitive Materials; Office and Consumer ProductsUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
First quarter 2007 action. Approximately 25 employees remain with the company as of June 30, 2007.
2007-06-30restructuringin_progress1802006-10-012007-12-31GlobalMultiple SegmentsUSD 29 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Initiated in Q4 2006. Includes severance, asset impairment, and lease cancellations. Approximately 110 employees remain with the company as of June 30, 2007.
2007-06-30restructuringcompleted252007-06-152008-12-31GlobalRetail Information Services (Paxar)USD 2 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Paxar acquisition-related exit activities. Involuntary terminations of approximately 25 Paxar employees.
2007-03-31restructuringin_progress752007-12-31Pressure-sensitive Materials and Office and Consumer Products segmentsUSD 2 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
First quarter 2007 pretax severance charge for elimination of approximately 75 positions; about 55 affected employees remained at 2007-03-31 and are expected to leave during 2007. Charge recorded in Other expense.
2007-03-31restructuringin_progress4102007-12-31Multiple segments (Pressure-sensitive Materials, Office and Consumer Products, Retail Information Services, other specialty converting)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Continuation of cost reduction efforts initiated in late 2005; 410 employees reduced during the first three quarters of 2006, plus asset impairments. Aggregate 2006-action pretax charges were $29.3M (severance $21.1M, impairment $6.9M, lease cancellations $1.3M); $1.6M of severance paid in Q1 2007. Roughly 5 of these employees still remained at 2007-03-31.
2007-03-31restructuringin_progress1802007-12-31Multiple segments (Pressure-sensitive Materials, Office and Consumer Products, Retail Information Services, other specialty converting)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
New cost reduction actions initiated in the fourth quarter of 2006, eliminating approximately 180 positions plus asset impairments; 130 of these employees remained at 2007-03-31 (135 total across all 2006 actions) and all are expected to leave in 2007. Charges are part of the aggregate $29.3M noted for 2006 actions.
2007-03-31acquisition_additionannouncedGlobalRetail information and brand identificationother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement announced in March 2007 to acquire Paxar Corporation for $30.50 per share in cash, valued at approximately $1.34 billion, to be debt-financed; expected to close in Q2 or Q3 2007. No headcount added through the transaction is disclosed. U.S. pre-merger antitrust review concluded positively in April 2007; $50 million termination fee may apply if conditions are not met.
2007-03-31restructuringin_progress752007-01-012007-12-31Pressure-sensitive Materials and Office and Consumer ProductsUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Approximately 55 employees remain with the Company and are expected to leave during 2007.
2007-03-31restructuringin_progress1302006-10-012007-12-31Various segmentsrestructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Related to actions initiated in Q4 2006; 130 of 135 remaining employees impacted by 2006 actions are from Q4 2006 actions. All expected to leave in 2007.
2007-03-31restructuringin_progress752007-03-312007-12-31GlobalPressure-sensitive Materials; Office and Consumer ProductsUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Elimination of approx. 75 positions. Approx. 55 employees remain with company expected to leave in 2007.
2006-12-30restructuringin_progress59020062007WorldwideAll reportable segments and other specialty converting businessesUSD 29 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
2006 pretax charges comprised severance and related costs of $21.1M, fixed asset/building impairment of $6.9M and lease cancellation of $1.3M; severance accrual balance of $9.1M remained at Dec 30, 2006. About 155 affected employees remained at year-end, expected to leave in 2007. MD&A splits the program into 450 positions ($23.5M accrued expenses) executed in 2006 and 140 positions ($5.1M accrued expenses) charged in Q4 2006 for execution during 2007, with savings expected to benefit 2008; MD&A also states the combined Q4 2005–2006 actions totaled approximately 1,150 positions and $64.6M accrued expenses and were completed in 2006. 2006 severance accruals by segment: Pressure-sensitive Materials $7.3M, Office and Consumer Products $2.3M, Retail Information Services $9.4M, other specialty converting businesses $2.1M.
2006-12-30restructuringin_progress85020052007WorldwideAll segments (Pressure-sensitive Materials, Office and Consumer Products, Retail Information Services, other specialty converting businesses, Corporate)USD 41 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Program announced and charged in Q4 2005 (prior fiscal year); cumulative program headcount of approximately 850 positions tied to severance and related costs of $32.9M. Total Q4 2005 pretax charge was $55.5M, including $14.4M for expected product line divestitures. FY2006 activity was wind-down: $20.4M severance paid during 2006, $7.2M balance at Dec 30, 2006; about 85 employees remained, expected to leave in 2007. MD&A table reports 700 headcount reduction for this program within its combined Q4 2005–2006 total of about 1,150 positions.
2006-12-30plant_closurecompleted17020052006-12-30Gainesville, Georgia, United StatesOffice and Consumer Products — label converting plantUSD 4 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Charge recorded in Q1 2005 (prior fiscal year); severance of approximately $4M for the closure was part of a $6.7M Q1 2005 pretax charge that also included $2.7M of building/land impairment in the Pressure-sensitive Materials segment and was partially offset by a $3.4M gain on sale of assets. Per this 10-K, all impacted employees had left the Company and final payments were made as of Dec 30, 2006.
2006-12-30divestiture_reductioncompleted2005-12Europe (Office and Consumer Products product line); not specified for second product lineOffice and Consumer Products (product line, ~$60M 2005 sales) and other specialty converting businesses (product line, ~$10M 2005 sales)USD 14 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Divestiture of two low-margin product lines announced December 2005 and completed during Q1 2006; headcount impact not disclosed. MD&A reports approximately $6M of severance and other employee-related charges and approximately $9M of asset impairments recorded in 2005 in connection with these divestitures; expected completion date left null because the 10-K states completion only as 'during the first quarter of 2006'.
2006-12-30restructuringcompleted7002005-10-012006-12-30WorldwideAll segments and geographic regionsUSD 41 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Announced in Q4 2005 (exact date not disclosed); actions completed during 2006. Approximately 85 employees from this action remained at year-end 2006 and were expected to leave in 2007. Combined with the 2006 restructuring line, MD&A reports a program total of 1,150 positions and $64.6M accrued.
2006-12-30restructuringcompleted4502006-01-012006-12-30WorldwideAll segments and geographic regionsUSD 24 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Implemented during fiscal 2006 (exact announcement date not disclosed); completed in 2006. Note 10 reports 2006 actions in aggregate at approximately 590 positions with $29.3M pretax charges ($21.1M severance, $6.9M impairment, $1.3M lease cancellation), which equals the 450 plus 140 positions shown separately in MD&A. Approximately 155 employees from 2006 actions remained at year-end 2006, expected to leave in 2007.
2006-12-30restructuringannounced1402006-10-012007-12-31WorldwideAll segments and geographic regionsUSD 5 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Additional restructuring actions identified in Q4 2006 (exact date not disclosed); expected to be completed during 2007 with savings benefiting 2008. Included within the approximately 590 positions reported for 2006 actions in Note 10.
2006-12-30divestiture_reductioncompleted2005-12-012006-06-30Not disclosedPressure-sensitive Materials (raised reflective pavement marker business)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale announced December 2005 and completed in Q2 2006; business had sales of approximately $23 million in 2005. Associated goodwill and intangible impairment of $74.4 million pretax recorded in December 2005. Headcount removed through the divestiture is not disclosed.
2006-12-30divestiture_reductioncompleted2005-12-012006-03-31Europe and otherOffice and Consumer Products; other specialty converting businessesMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Two product lines announced December 2005 and divested in Q1 2006 (estimated 2005 sales of approximately $60 million and approximately $10 million, minimal income impact). Severance of approximately $6 million and asset impairments of approximately $9 million were recorded in 2005. Headcount removed is not disclosed.
2006-12-30acquisition_additioncompleted2006-12-30Not disclosedNot disclosedbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Aggregate cost of acquired companies approximately $13 million in 2006, generating approximately $10 million of goodwill and $2 million of intangibles; described as not significant to consolidated financial position. Headcount added through acquisitions is not disclosed.
2006-12-30restructuringcompleted4502006-01-012006-12-30GlobalAll segmentsUSD 24 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2006 restructuring actions resulting in headcount reduction of 450 positions. Completed in 2006.
2006-12-30restructuringcompleted7002005-10-012006-12-30GlobalAll segmentsUSD 41 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2005 restructuring actions resulting in headcount reduction of 700 positions. Impacted all segments and geographic regions. Completed in 2006.
2006-12-30restructuringannounced1402006-10-012007-12-31GlobalAll segmentsUSD 5 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2006 charges related to 2007 actions. Expected to be completed during 2007.
2006-12-30restructuringcompleted7002005-10-012006-12-30WorldwideAll segmentsUSD 41 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Q4 2005 restructuring actions completed in 2006.
2006-12-30restructuringcompleted4502006-01-012006-12-30WorldwideAll segmentsUSD 24 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2006 restructuring actions completed in 2006.
2006-12-30restructuringannounced1402006-10-012007-12-31WorldwideAll segmentsUSD 5 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Q4 2006 charges related to 2007 actions expected to be completed during 2007.
2006-09-30restructuringin_progress1802006-09-302006-12-31WorldwideAll segmentsUSD 5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pretax charge of $6.1M total ($4.5M severance for ~180 positions plus $1.6M machinery/equipment impairment). About 5 impacted employees remained at quarter-end; final severance payments in 2007. Company-wide program expected complete by end of 2006.
2006-09-30restructuringin_progress1302006-06-302006-12-31WorldwidePressure-sensitive Materials; Retail Information Services; other specialty converting businesses; CorporateUSD 5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pretax charge of $6.1M ($4.7M severance for ~130 positions plus $1.4M asset impairment), partially offset by a $1.6M pension curtailment/settlement gain. About 10 impacted employees remained at quarter-end; final payments in 2006 and 2007.
2006-09-30restructuringin_progress1002006-03-312006-12-31WorldwidePressure-sensitive Materials; Office and Consumer Products; Retail Information Services; CorporateUSD 5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pretax charge of $7.2M ($5.4M severance for ~100 positions plus $1.8M asset impairment). About 5 impacted employees remained at quarter-end; final payments in 2006 and 2007. Announcement date is quarter-level only (first quarter of 2006); exact date not disclosed.
2006-09-30restructuringin_progress8502005-12-312006-12-31WorldwidePressure-sensitive Materials; Office and Consumer Products; Retail Information Services; other specialty converting businesses; CorporateUSD 33 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program announced in Q4 2005 (exact date not disclosed; quarter-level date used). $55.5M pretax charge comprising $41.1M restructuring and $14.4M product line divestitures; ~850 positions eliminated (~700 restructuring, ~150 divestiture-related). Severance balance of $8.7M remained at 2006-09-30 with ~140 employees still employed, expected to leave during 2006 and 2007.
2006-09-30plant_closurecompleted1702005-03-312006-07-01United States (Gainesville, Georgia)Office and Consumer ProductsUSD 4 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Label converting plant closure; filing states all impacted employees had left and final payments were complete as of 2006-07-01. Announcement date is quarter-level only (first quarter of 2005). Charge also included $2.7M building/land impairment in Pressure-sensitive Materials.
2006-09-30restructuringin_progress1802006-07-012007-12-31WorldwideAll segmentsUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Third quarter 2006 action. Final payments expected in 2007.
2006-09-30restructuringin_progress1302006-04-012007-12-31WorldwideAll segmentsUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Second quarter 2006 action. Final payments expected in 2006 and 2007.
2006-09-30restructuringin_progress1002006-01-012007-12-31WorldwideAll segmentsUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
First quarter 2006 action. Final payments expected in 2006 and 2007.
2006-09-30restructuringin_progress8502005-10-012007-12-31WorldwideAll segmentsUSD 33 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Fourth quarter 2005 action. Includes 700 restructuring and 150 divestiture positions. Final payments expected in 2006 and 2007.
2006-09-30restructuringin_progress1802006-07-012007-12-31WorldwideAll segmentsUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Third Quarter 2006 action. Elimination of approximately 180 positions. Final payments expected during 2007.
2006-09-30restructuringin_progress1302006-04-012007-12-31WorldwideAll segmentsUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Second Quarter 2006 action. Elimination of approximately 130 positions. Final payments expected during 2006 and 2007.
2006-09-30restructuringin_progress1002006-01-012007-12-31WorldwideAll segmentsUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
First Quarter 2006 action. Elimination of approximately 100 positions. Final payments expected during 2006 and 2007.
2006-09-30restructuringin_progress8502005-10-012007-12-31WorldwideAll segmentsUSD 33 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fourth Quarter 2005 action. Elimination of approximately 850 positions (700 restructuring, 150 divestitures). Final payments expected during 2006 and 2007.
2006-09-30restructuringcompleted1702005-01-012006-07-01United StatesOffice and Consumer ProductsUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
First Quarter 2005 action. Closure of Gainesville, Georgia label converting plant. All employees impacted had left by July 1, 2006.
2006-07-01restructuringin_progress1302006-12-31WorldwideMultiple segments (Pressure-sensitive Materials, Retail Information Services, other specialty converting businesses, Corporate)USD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pretax charge of $6.1M: $4.7M severance for ~130 positions plus $1.4M asset impairment, partly offset by a $1.6M pension curtailment gain. About 50 affected employees remained at July 1, 2006, expected to depart during 2006.
2006-07-01restructuringin_progress1002006-12-31WorldwideMultiple segments (Pressure-sensitive Materials, Office and Consumer Products, Retail Information Services, Corporate)USD 7 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pretax charge of $7.2M: $5.4M severance for ~100 positions plus $1.8M asset impairment. About 30 affected employees remained at July 1, 2006, expected to depart during 2006.
2006-07-01restructuringin_progress8502005-10-012007-12-31WorldwideMultiple segments (Pressure-sensitive Materials, Office and Consumer Products, Retail Information Services, other specialty converting businesses, Corporate)USD 56 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program initiated in Q4 2005: $55.5M pretax charge ($41.1M restructuring, $14.4M product line divestitures), including $32.9M severance for ~850 positions (~700 restructuring, ~150 divestiture-related). About 235 affected employees remained at July 1, 2006, expected to depart by 2007. Announcement date approximate (fiscal Q4 2005).
2006-07-01divestiture_reductioncompleted2005-12-012006-07-01United StatesPressure-sensitive Materials (raised reflective pavement marker business)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of the raised reflective pavement marker business completed in Q2 2006; headcount associated with the divestiture not disclosed. Announcement date approximate (December 2005).
2006-07-01divestiture_reductioncompleted2005-12-012006-03-31Europe; otherOffice and Consumer Products (product line, ~$60M 2005 sales) and other specialty converting businesses (product line, ~$10M 2005 sales)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Two product line divestitures announced December 2005 and completed in Q1 2006; associated headcount not disclosed. Announcement date approximate.
2006-07-01restructuringin_progress1302006-04-022007-12-31WorldwideMultiple segmentsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q2 2006 charge includes $4.7M severance for ~130 positions and $1.4M asset impairment. Final payments expected in 2006-2007.
2006-07-01restructuringin_progress1002006-01-012007-12-31WorldwideMultiple segmentsUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q1 2006 charge includes $5.4M severance for ~100 positions and $1.8M asset impairment. Final payments expected in 2006-2007.
2006-07-01restructuringin_progress8502005-10-012007-12-31WorldwideMultiple segmentsUSD 56 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2005 charge includes $32.9M severance for ~850 positions (700 restructuring, 150 divestiture) and $22.6M asset/lease costs. Final payments expected in 2006-2007.
2006-07-01restructuringcompleted1702005-01-012005-12-31United StatesOffice and Consumer ProductsUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q1 2005 charge related to closure of Gainesville, Georgia label converting plant. All employees impacted had left by July 1, 2006.
2006-07-01restructuringin_progress1302006-04-022007-12-31WorldwideMultiple segmentsUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Second Quarter 2006 action. Elimination of approximately 130 positions. Final payments expected during 2006 and 2007.
2006-07-01restructuringin_progress1002006-01-012007-12-31WorldwideMultiple segmentsUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
First Quarter 2006 action. Elimination of approximately 100 positions. Final payments expected during 2006 and 2007.
2006-07-01restructuringin_progress8502005-10-012007-12-31WorldwideMultiple segmentsUSD 33 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fourth Quarter 2005 action. Elimination of approximately 850 positions (700 restructuring, 150 product line divestitures). Final payments expected during 2006 and 2007.
2006-07-01restructuringcompleted1702005-01-012006-07-01United StatesOffice and Consumer ProductsUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
First Quarter 2005 action. Closure of Gainesville, Georgia label converting plant. All employees impacted had left the Company and final payments were complete as of July 1, 2006.
2006-04-01restructuringin_progress1002007-12-31WorldwideAll segments (Pressure-sensitive Materials, Office and Consumer Products, Retail Information Services) and CorporateUSD 7 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pretax charge comprised $5.4M severance for ~100 positions eliminated and $1.8M asset impairments; ~40 affected employees still with the Company at 2006-04-01, expected to leave during 2006; final severance payments in 2006 and 2007. Part of company-wide cost reduction efforts begun in late 2005; no specific announcement date stated.
2006-04-01restructuringin_progress8502007-12-31WorldwideMost businesses and geographic regions; includes product line divestituresUSD 56 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Consolidated program disclosed as a single total: ~850 positions eliminated (~700 restructuring, ~150 product line divestitures), including $32.9M severance and $22.6M impairment/lease costs; ~250 affected employees remained at 2006-04-01, expected to leave by 2007. Announced in late 2005 (no exact date stated); program expected to yield $80-90M annualized pretax savings.
2006-04-01divestiture_reductionannounced2005-122006-06-30Not disclosedRaised reflective pavement marker business (previously Pressure-sensitive Materials segment)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale announced December 2005, expected to close in Q2 2006; business had ~$23M sales in 2005. No headcount associated with the divestiture disclosed.
2006-04-01divestiture_reductioncompleted2005-122006-04-01Europe (first product line); not disclosed (second product line)Office and Consumer Products segment (first product line, ~$60M 2005 sales); other specialty converting businesses (second product line, ~$10M 2005 sales)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Two product line divestitures announced December 2005 and completed during Q1 2006; both had minimal impact on income from operations. No associated headcount disclosed; may overlap with the ~150 divestiture-related positions in the Q4 2005 program.
2006-04-01restructuringin_progress1002006-01-012006-12-31WorldwideAll segmentsUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Includes $5.4M severance and $1.8M asset impairment. Approximately 40 employees remain with company expected to leave in 2006.
2006-04-01restructuringin_progress7002005-10-012006-12-31WorldwideAll segmentsUSD 41 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Fourth quarter 2005 action. Includes $32.9M severance for ~700 positions. Approximately 250 employees remain expected to leave by 2007.
2006-04-01divestiture_reductionin_progress1502005-10-012006-12-31WorldwideOffice and Consumer Products; Other specialty converting businessesUSD 14 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Fourth quarter 2005 action related to product line divestitures. Includes severance for ~150 positions.
2006-04-01restructuringin_progress1002006-01-012007-12-31WorldwideAll segmentsUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
First Quarter 2006 action: elimination of approx 100 positions. Severance charge $5.4M. Final payments expected in 2006 and 2007. Approx 40 employees remain with company as of April 1, 2006.
2006-04-01restructuringin_progress8502005-10-012007-12-31WorldwideAll segmentsUSD 33 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fourth Quarter 2005 action: elimination of approx 850 positions (700 restructuring, 150 divestitures). Severance charge $32.9M. Final payments expected in 2006 and 2007. Approx 250 employees remain with company as of April 1, 2006.
2005-12-31plant_closurecompleted1702005Gainesville, Georgia, United StatesOffice and Consumer Products — label convertingUSD 4 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Closure of the Gainesville, Georgia label converting plant; approximately 170 positions eliminated, charge recorded in Q1 2005. Total Q1 2005 pretax charge was $6.7M for restructuring costs and asset impairments (also including $2.7M impairment of buildings and land in the Pressure-sensitive Materials segment), partially offset by a $3.4M gain on asset sales. Closure completed during Q3 2005; roughly 5 remaining employees expected to leave by mid-2006, with final severance payments in 2006.
2005-12-31restructuringin_progress85020052006-12-31WorldwideAll segments and Corporate; impacts most businesses and geographic regionsUSD 41 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Company-wide cost reduction actions announced in Q4 2005; approximately 850 positions eliminated worldwide with $32.9M severance and related costs, plus $22.6M asset impairment, lease cancellation and other costs. Severance accrual by segment: Pressure-sensitive Materials $15.1M, Office and Consumer Products $6.8M, Retail Information Services $5.6M, other specialty converting $2.5M, Corporate $2.9M. Total Q4 2005 charge of $55.5M also included $14.4M for expected product line divestitures (captured as a separate record). Approximately 395 affected employees remained at year-end 2005, expected to leave by 2007; final payments due 2006–2007. Expected annualized pretax savings of $80M–$90M when completed.
2005-12-31divestiture_reductionin_progress2005-12One product line in Office and Consumer Products; second product line's segment not specifiedUSD 14 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Expected divestiture of two low-margin product lines announced December 2005. Charges of approximately $6M for severance and other employee-related costs plus approximately $9M of asset impairments (Note 10 total $14.4M). The Office and Consumer Products line (~$60M 2005 sales) was sold on February 25, 2006 per the subsequent-events note; the second line (~$10M annual sales) remained pending at filing. Headcount not separately disclosed; terminations are included in the ~850 positions under the Q4 2005 program.
2005-12-31divestiture_reductionannounced2005-122006Raised reflective pavement markers business (previously included in Pressure-sensitive Materials segment)USD 74 (millions)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Plan to sell the raised reflective pavement markers business (~$23M 2005 net sales) announced December 2005; results reclassified to discontinued operations. Associated goodwill and intangible assets were impaired, producing a pretax charge of approximately $74.4M. No employee headcount or severance was disclosed for this divestiture; charge label 'other' reflects the goodwill/intangibles impairment.
2005-12-31restructuringin_progress8502005-10-012006-12-31WorldwideMultiple segments — Pressure-sensitive Materials, Office and Consumer Products, Retail Information Services, other specialty converting businesses, and CorporateUSD 33 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Announced during Q4 2005 (exact date not disclosed); total Q4 pretax charge was $55.5M, comprising $41.1M restructuring and $14.4M expected product line divestitures, including $22.6M of asset impairment, lease cancellation and other costs. Actions expected complete by end of 2006; about 395 affected employees still on payroll at year end, departing by 2007. Program expected to deliver $80M-$90M annualized pretax savings.
2005-12-31plant_closurecompleted1702005-01-012005-09-30Gainesville, Georgia, U.S.Office and Consumer ProductsUSD 4 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Closure announced/charged in Q1 2005 (exact announcement date not disclosed) and completed during Q3 2005 per MD&A; total Q1 pretax charge was $6.7M including $2.7M building and land impairment, partially offset by a $3.4M gain on asset sales. About 5 remaining employees expected to leave by mid-2006.
2005-12-31divestiture_reductionannounced2005-12-012006-12-31Raised reflective pavement markers business (previously within Pressure-sensitive Materials segment)USD 74 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale announced December 2005 with expected completion during 2006; business had approximately $23M of 2005 sales. Headcount associated with the business not disclosed.
2005-12-31divestiture_reductionannounced2005-12-012006-02-25Two low-margin product lines — one in Office and Consumer Products, one otherUSD 6 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Announced December 2005. First product line (about $60M of 2005 sales) divested 2006-02-25 per Note 14 subsequent event; second line would reduce annual sales by about $10M. Headcount affected not disclosed.
2005-12-31restructuringin_progress8502005-Q42007-12-31WorldwideMultiple segmentsUSD 33 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Fourth quarter 2005 charge included severance and related costs of $32.9 million related to the elimination of approximately 850 positions worldwide. Final payments to terminated employees will be made during 2006 and 2007.
2005-12-31restructuringcompleted1702005-Q12006-06-30United StatesOffice and Consumer ProductsUSD 4 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
First quarter 2005 charge included severance and related costs of $4 million related to the elimination of approximately 170 positions in the Office and Consumer Products segment as a result of the closure of the Gainesville, Georgia label converting plant.
2005-12-31restructuringcompleted1952004-Q22006-12-31WorldwidePressure-sensitive Materials, Office and Consumer Products, Retail Information ServicesUSD 8 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Second quarter 2004 charge included severance and related costs of $7.7 million related to approximately 195 positions worldwide. All employees impacted had left the Company by year-end 2005; final payments to be made during 2006.
2005-12-31restructuringcompleted2102004-Q12006-12-31WorldwidePressure-sensitive MaterialsUSD 16 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
First quarter 2004 charge included severance and related costs of $15.9 million involving the elimination of approximately 210 positions. All employees impacted had left the Company in 2004; final payments to be made in 2006.
2005-12-31restructuringin_progress8502005-10-012007-12-31WorldwideMultiple segmentsUSD 33 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Fourth quarter 2005 restructuring actions. Severance and related costs of $32.9 million. Final payments expected in 2006 and 2007. Approximately 395 employees remain with the company as of year-end.
2005-12-31plant_closurecompleted1702005-01-012006-06-30United StatesOffice and Consumer ProductsUSD 4 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
First quarter 2005 closure of Gainesville, Georgia label converting plant. Severance and related costs of $4 million. Remaining employees expected to leave by mid-2006.
2005-12-31restructuringcompleted1952004-04-012006-12-31WorldwideMultiple segmentsUSD 8 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Second quarter 2004 restructuring. All impacted employees had left the company by year-end 2005. Final payments expected in 2006.
2005-12-31restructuringcompleted2102004-01-012006-12-31WorldwidePressure-sensitive MaterialsUSD 16 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
First quarter 2004 restructuring related to Jackstädt integration. All impacted employees had left the company in 2004. Final payments expected in 2006.
2005-10-01plant_closurecompleted1702005-10-01United States — Gainesville, GeorgiaOffice and Consumer ProductsUSD 4 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Closure announced in Q1 2005 and completed during Q3 2005; $0.8M severance accrual remained for about 5 employees at quarter-end, with final payments expected in 2006. An additional $2.7M building and land impairment was recorded in the Pressure-sensitive Materials segment.
2005-10-01restructuringcompleted2005-06-30Other specialty converting businesses; Pressure-sensitive MaterialsUSD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q2 2005 pretax charge of $2.1M comprised $1.4M asset impairments and $0.7M restructuring costs; no employee count disclosed.
2005-10-01restructuringannounced5002005-102005-12-31Most businesses and geographic regionsCorporate general and administrative activities, including shared services units (approximately half of targeted savings)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced October 2005 (subsequent to quarter-end): potential reduction of over 500 positions with cumulative pretax cash charges of approximately $20M to $30M, primarily in Q4 2005. Annual pretax savings estimated at $40M to $50M in 2006, rising to $60M to $70M by 2007. Charge value range not entered because schema accepts a single value.
2005-10-01divestiture_reductionannounced2005-10Certain non-strategic, low-margin businessesMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Under consideration as of October 2005: divestitures reducing annual sales by about $70M with minimal earnings impact; could trigger pretax non-cash charges over $100M (goodwill and other asset impairments) as early as Q4 2005. No headcount figure disclosed.
2005-10-01restructuringin_progress1702005-01-012006-06-30United StatesOffice and Consumer ProductsUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Elimination of positions due to closure of Gainesville, Georgia label converting plant. Approximately 5 employees remain with final payments expected in 2006.
2005-10-01restructuringin_progress5302003-10-012006-12-31WorldwidePressure-sensitive Materials, Office and Consumer Products, Retail Information Services, CorporateUSD 22 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Integration actions and productivity improvement initiatives. Approximately 30 employees in Pressure-sensitive Materials segment remain with final payments expected in 2006.
2005-10-01restructuringin_progress1752004-04-012005-12-31EuropePressure-sensitive MaterialsUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Integration of Jackstadt acquisition. All impacted employees have left the company; final payments to be made during 2005.
2005-10-01restructuringannounced5002005-10-01WorldwideMultiple segmentsUSD 25 (millions)MD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Potential cost reduction actions announced in October 2005. Cumulative pre-tax cash charges estimated at $20 million to $30 million. Savings expected to total $40 million to $50 million in 2006.
2005-10-01restructuringannounced5002005-10-01GlobalCorporate and Shared ServicesUSD 25 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Announced potential cost reduction actions with cumulative pre-tax cash charges of $20M-$30M, primarily in Q4 2005. Includes estimated severance for over 500 positions. Expected annual savings of $40M-$50M in 2006.
2005-10-01plant_closurecompleted1702005-01-022005-10-01Georgia, USAOffice and Consumer ProductsUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closure of Gainesville, Georgia label converting plant completed in Q3 2005. Charge included $4M severance for ~170 positions. $0.8M remained accrued at period end for ~5 employees.
2005-10-01restructuringin_progress2004-01-012006-12-31GlobalPressure-sensitive Materialsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Ongoing integration actions from 2003/2004. $1.1M remained accrued at Oct 1, 2005 for ~30 employees in Pressure-sensitive Materials segment. Final payments expected in 2006.
2005-10-01restructuringin_progress2004-04-012005-12-31GlobalPressure-sensitive Materialsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Jackstädt integration actions. $0.3M remained accrued at Oct 1, 2005 in Pressure-sensitive Materials segment. All impacted employees had left the company; final payments expected in 2005.
2005-07-02plant_closurein_progress170United States — Gainesville, GeorgiaOffice and Consumer ProductsUSD 4 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced during Q1 2005 (exact date not disclosed). Closure of the Gainesville, GA label converting plant eliminated approximately 170 positions with a $4M pretax severance charge; $1.9M remained accrued at July 2, 2005 and about 105 employees had departed. Remaining affected employees expected to leave by mid-2006, with final payments in 2006. Approximately $2M of transition costs also incurred in H1 2005 per MD&A.
2005-07-02restructuringin_progressUnited StatesPressure-sensitive Materials; Office and Consumer Products; other specialty converting businessesUSD 2 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q2 2005 pretax charge of $2.1M comprising $1.4M asset impairments (building in other specialty converting; machinery/equipment in Pressure-sensitive Materials) and $0.7M restructuring costs. MD&A characterizes the charge as asset impairment and severance costs associated with plant closures. Segment split per Note 15: Pressure-sensitive Materials $1.1M, Office and Consumer Products $0.3M, other specialty converting $0.7M. No employee count disclosed.
2005-07-02plant_closurein_progress1702005-01-012006-06-30Gainesville, GeorgiaOffice and Consumer ProductsUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Closure of label converting plant. 105 employees had left as of July 2, 2005; remaining expected to leave by mid-2006. $1.9 million accrued for severance.
2005-07-02restructuringcompleted1752004-04-012005-12-31Pressure-sensitive Materials SegmentPressure-sensitive MaterialsUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q2 2004 Jackstadt integration actions. 5 employees remained as of July 2, 2005 with $0.4 million accrued.
2005-07-02restructuringcompleted52004-04-012005-12-31Office and Consumer Products SegmentOffice and Consumer ProductsUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q2 2004 Jackstadt integration actions.
2005-07-02restructuringcompleted152004-04-012005-12-31Retail Information Services SegmentRetail Information ServicesUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q2 2004 Jackstadt integration actions.
2005-07-02restructuringcompleted2102004-01-012005-12-31Pressure-sensitive Materials SegmentPressure-sensitive MaterialsUSD 16 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q1 2004 Jackstadt integration. All impacted employees left in 2004; $1.7 million remained accrued for final payments in 2005.
2005-07-02restructuringcompleted1802003-10-012006-12-31Pressure-sensitive Materials SegmentPressure-sensitive MaterialsUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q4 2003 integration actions. 30 employees remained as of July 2, 2005 with $1.1 million accrued.
2005-07-02restructuringcompleted2552003-10-012005-12-31Office and Consumer Products SegmentOffice and Consumer ProductsUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q4 2003 integration actions.
2005-07-02restructuringcompleted802003-10-012005-12-31Retail Information Services SegmentRetail Information ServicesUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q4 2003 integration actions.
2005-07-02restructuringcompleted152003-10-012005-12-31CorporateCorporateUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q4 2003 integration actions.
2005-07-02plant_closurein_progress1702005-01-012006-06-30Gainesville, GeorgiaOffice and Consumer ProductsUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closure of label converting plant. 105 employees had left as of July 2, 2005; remaining expected to leave by mid-2006. $1.9 million accrued for severance.
2005-07-02restructuringin_progress52004-04-012005-12-31Pressure-sensitive MaterialsPressure-sensitive MaterialsUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q2 2004 integration actions. $0.4 million accrued as of July 2, 2005. Employees expected to leave in 2005.
2005-07-02restructuringin_progress152004-04-012005-12-31Retail Information ServicesRetail Information ServicesUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q2 2004 integration actions.
2005-07-02restructuringin_progress302003-10-012006-12-31Pressure-sensitive MaterialsPressure-sensitive MaterialsUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q4 2003 integration actions. $1.1 million accrued as of July 2, 2005. Employees expected to leave in 2005, payments in 2006.
2005-04-02plant_closurein_progress1702005-01-022006-06-30United States — Gainesville, GeorgiaOffice and Consumer ProductsUSD 4 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Closure of Gainesville, GA label converting plant; $3.5M severance accrued at quarter-end; ~15 employees had departed as of 2005-04-02; remaining departures expected by mid-2006. MD&A also cites ~$1M transition costs and an additional $4M–$6M of transition costs expected over subsequent quarters.
2005-04-02restructuringin_progress2005-01-02United StatesPressure-sensitive MaterialsUSD 3 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Impairment of buildings and land in the Pressure-sensitive Materials segment; charge based on market value of assets. No employee count disclosed for this component.
2005-04-02plant_closurein_progress1702005-01-012006-06-30Gainesville, GeorgiaOffice and Consumer ProductsUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Closure of label converting plant. 15 employees left by April 2, 2005. Remaining expected to leave by mid-2006. $3.5 million accrued for severance at quarter end.
2005-04-02restructuringin_progress1752004-01-012005-12-31Pressure-sensitive MaterialsPressure-sensitive MaterialsUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Jackstadt integration. $0.4 million accrued at April 2, 2005 for approx 5 employees. Final payments in 2005.
2005-04-02restructuringin_progress52004-01-012005-12-31Office and Consumer ProductsOffice and Consumer ProductsUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Jackstadt integration cost reduction actions.
2005-04-02restructuringin_progress152004-01-012005-12-31Retail Information ServicesRetail Information ServicesUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Jackstadt integration cost reduction actions.
2005-04-02restructuringin_progress2102004-01-012005-12-31Pressure-sensitive MaterialsPressure-sensitive MaterialsUSD 16 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Jackstadt integration. All impacted employees left in 2004. $2 million accrued at April 2, 2005 for final payments in 2005.
2005-04-02restructuringin_progress1802003-10-012006-12-31Pressure-sensitive MaterialsPressure-sensitive MaterialsUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2003 integration/productivity initiatives. $1.2 million accrued at April 2, 2005 for approx 30 employees. Final payments in 2006.
2005-04-02restructuringin_progress2552003-10-012006-12-31Office and Consumer ProductsOffice and Consumer ProductsUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2003 integration/productivity initiatives.
2005-04-02restructuringin_progress802003-10-012006-12-31Retail Information ServicesRetail Information ServicesUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2003 integration/productivity initiatives.
2005-04-02restructuringin_progress152003-10-012006-12-31CorporateCorporateUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2003 integration/productivity initiatives.
2005-04-02plant_closurein_progress1702005-04-022006-06-30Gainesville, GeorgiaOffice and Consumer ProductsUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closure of label converting plant. Severance costs of $4 million recorded. Approximately 15 employees had left by period end; remaining expected to leave by mid-2006.
2005-01-01plant_closurecompleted2102004-03-31FrancePressure-sensitive MaterialsUSD 21 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
First quarter of 2004; part of Jackstädt GmbH integration. Charge comprised $15.9M severance for ~210 positions (all separated during 2004, final payments in 2005), $2.9M software impairment and $2.6M machinery impairment. Manufacturing facility in France closed during the quarter. Announcement date not stated.
2005-01-01plant_closurecompleted1952004-06-30ItalyPressure-sensitive Materials (175 positions); Office and Consumer Products (5); Retail Information Services (15)USD 14 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Second quarter of 2004; 95% of charge related to completing the Jackstädt integration, remainder to cost reduction actions in Office and Consumer Products and Retail Information Services. Severance of $7.7M; ~185 of ~195 affected had left by year-end 2004, remainder expected to leave during 2005. Included Italy manufacturing facility closure. Announcement date not stated.
2005-01-01acquisition_additioncompleted2004-09-30GermanyRetail Information Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Rinke Etiketten (Sprockhövel, Germany) completed in September 2004 for approximately $15 million total (with other small private companies); target had annual sales of approximately $25 million in 2003. No headcount disclosed.
2005-01-01plant_closureannouncedUnited States — Gainesville, GeorgiaLabel convertingsubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Announced during first quarter of 2005 (after fiscal year-end January 1, 2005); production to move to lower cost facilities. Estimated restructuring and transition charges of $9 million to $11 million over the next few quarters; estimated $8 million of annualized savings, realization beginning fourth quarter 2005. No employee count or specific announcement date disclosed.
2005-01-01restructuringcompleted1752004-04-012005-12-31GlobalPressure-sensitive MaterialsUSD 7 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q2 2004 Jackstadt integration actions. 175 positions eliminated. $7 million severance charge.
2005-01-01restructuringcompleted52004-04-012005-12-31GlobalOffice and Consumer ProductsUSD 1 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q2 2004 cost reduction actions. 5 positions eliminated. $0.5 million severance charge.
2005-01-01restructuringcompleted152004-04-012005-12-31GlobalRetail Information ServicesUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q2 2004 cost reduction actions. 15 positions eliminated. $0.2 million severance charge.
2005-01-01restructuringcompleted2102004-01-022005-12-31GlobalPressure-sensitive MaterialsUSD 16 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q1 2004 Jackstadt integration actions. 210 positions eliminated. $15.9 million severance charge.
2005-01-01restructuringcompleted1802003-10-012006-12-31GlobalPressure-sensitive MaterialsUSD 10 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q4 2003 productivity improvement initiatives. 180 positions eliminated. $10.3 million severance charge.
2005-01-01restructuringcompleted2552003-10-012006-12-31GlobalOffice and Consumer ProductsUSD 9 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q4 2003 productivity improvement initiatives. 255 positions eliminated. $8.7 million severance charge.
2005-01-01restructuringcompleted802003-10-012006-12-31GlobalRetail Information ServicesUSD 3 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q4 2003 productivity improvement initiatives. 80 positions eliminated. $2.6 million severance charge.
2005-01-01restructuringcompleted152003-10-012006-12-31GlobalCorporateUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q4 2003 productivity improvement initiatives. 15 positions eliminated. $0.4 million severance charge.
2005-01-01plant_closureannounced2005-01-01United StatesPressure-sensitive MaterialsUSD 10 (millions)subsequent_events
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Closure of Gainesville, Georgia label converting plant announced in Q1 2005. Estimated charges $9-11 million.
2005-01-01restructuringcompleted1752004-04-012005-12-31GlobalPressure-sensitive Materials, Office and Consumer Products, Retail Information ServicesUSD 8 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Second quarter 2004 charge. 175 positions: 170 Pressure-sensitive, 5 Office/Consumer, 15 Retail Info. Final payments expected in 2005.
2005-01-01restructuringcompleted2102004-01-012005-12-31GlobalPressure-sensitive MaterialsUSD 16 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
First quarter 2004 charge related to Jackstädt integration. 210 positions eliminated. Employees left in 2004; final payments in 2005.
2005-01-01restructuringin_progress5302003-10-012006-12-31GlobalPressure-sensitive Materials, Office and Consumer Products, Retail Information Services, CorporateUSD 22 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Fourth quarter 2003 charge. 530 positions: 180 Pressure-sensitive, 255 Office/Consumer, 80 Retail Info, 15 Corporate. 495 employees had left by year-end 2004. Remaining expected to leave in 2005; final payments in 2006.
2005-01-01plant_closureannounced2005-01-012005-12-31United StatesOffice and Consumer ProductsUSD 10 (millions)subsequent_events
f5-10k / Qwen3.6-27B-Q8_0
Announced in first quarter 2005. Closure of Gainesville, Georgia label converting plant. Estimated charges $9-11 million. Savings realization begins Q4 2005.
2004-09-25restructuringcompleted2102004-09-25EuropePressure-sensitive Adhesives and MaterialsUSD 21 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 2004 Jackstädt integration charge; $15.9M severance for ~210 positions. All employees had left by Sept 2004; final payments in 2005. Included $2.9M software and $2.6M equipment impairments. Manufacturing facility in France closed during the quarter.
2004-09-25restructuringin_progress1752005EuropePressure-sensitive Adhesives and MaterialsUSD 13 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q2 2004 Jackstädt integration completion; $7.0M severance for ~175 positions plus $6.1M asset impairments/lease cancellation (all PSAM). Manufacturing facility in Italy closed during the quarter. ~170 of ~195 total positions company-wide had left by Sept 25, 2004; $1.6M severance remained accrued.
2004-09-25restructuringin_progress202005Consumer and Converted ProductsUSD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q2 2004 cost reduction action; $0.7M severance for ~20 positions. Part of the same $13.8M total Q2 charge. Remaining employees expected to leave by 2005.
2004-09-25restructuringin_progress1752004-04-012005-12-31GlobalPressure-sensitive Adhesives and MaterialsUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q2 2004 charge related to Jackstadt integration. Final payments expected in 2005.
2004-09-25restructuringin_progress202004-04-012005-12-31GlobalConsumer and Converted ProductsUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q2 2004 charge. Final payments expected in 2005.
2004-09-25restructuringin_progress2102004-01-012005-12-31GlobalPressure-sensitive Adhesives and MaterialsUSD 16 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q1 2004 charge related to Jackstadt integration. Employees had left by Sept 2004; final payments in 2005.
2004-09-25restructuringin_progress5302003-10-012006-12-31GlobalCorporate and Operating SegmentsUSD 22 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2003 charge for integration actions and productivity improvements. 475 employees had left by Sept 2004. Final payments in 2006.
2004-09-25plant_closurecompleted2004-01-012004-03-31FrancePressure-sensitive Adhesives and MaterialsMD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Manufacturing facility closed in Q1 2004 as part of Jackstadt integration.
2004-09-25plant_closurecompleted2004-04-012004-06-30ItalyPressure-sensitive Adhesives and MaterialsMD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Manufacturing facility closed in Q2 2004 as part of Jackstadt integration.
2004-09-25acquisition_additioncompleted2004-07-012004-09-25GermanyRetail Information ServicesMD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquired Rinke Etiketten in Q3 2004. Headcount not explicitly disclosed.
2004-09-25restructuringin_progress1752004-04-012005-12-31GlobalPressure-sensitive Adhesives and MaterialsUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q2 2004 Jackstädt integration actions. 155 employees had left by Sept 25, 2004. Remaining expected to leave by 2005.
2004-09-25restructuringin_progress202004-04-012005-12-31GlobalConsumer and Converted ProductsUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q2 2004 Jackstädt integration actions. 15 employees had left by Sept 25, 2004. Remaining expected to leave by 2005.
2004-09-25restructuringin_progress2102004-01-012005-12-31GlobalPressure-sensitive Adhesives and MaterialsUSD 16 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q1 2004 Jackstädt integration actions. All 210 employees had left by Sept 2004. Final payments to be made in 2005.
2004-09-25restructuringin_progress1802003-10-012006-12-31GlobalPressure-sensitive Adhesives and MaterialsUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q4 2003 integration/productivity initiatives. 140 employees had left by Sept 25, 2004. Remaining expected to leave in 2005.
2004-09-25restructuringin_progress3352003-10-012006-12-31GlobalConsumer and Converted ProductsUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q4 2003 integration/productivity initiatives. 320 employees had left by Sept 25, 2004. Remaining expected to leave in 2005.
2004-09-25restructuringin_progress152003-10-012006-12-31GlobalCorporateUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q4 2003 integration/productivity initiatives. 15 employees had left by Sept 25, 2004.
2004-09-25restructuringcompleted802002-10-012004-09-30GlobalPressure-sensitive Adhesives and Materialsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q4 2002 cost reduction actions. All employees terminated had left by June 2004. Final payments made as of Sept 2004.
2004-09-25restructuringcompleted2202002-10-012004-09-30GlobalConsumer and Converted Productsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q4 2002 cost reduction actions. All employees terminated had left by June 2004. Final payments made as of Sept 2004.
2004-09-25restructuringcompleted5602002-01-012005-12-31GlobalJackstädt AcquisitionUSD 25 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Jackstädt purchase price allocation exit activities. All affected employees left by end of 2003. $0.5 million remained accrued at Sept 25, 2004.
2004-06-26restructuringin_progress1752005-12-31Pressure-sensitive Adhesives and MaterialsUSD 13 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q2 2004 charge of $13.8M total pretax; PSAM segment portion $13.1M including $7M severance for ~175 positions. Approximately 115 of ~195 total positions had left by quarter-end; remainder expected to leave by 2005 with final payments in 2005. Related to completion of Jackstädt integration.
2004-06-26restructuringin_progress202005-12-31Consumer and Converted ProductsUSD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q2 2004 cost reduction action; $0.7M severance for ~20 positions in CCP segment. Part of the same $13.8M total Q2 charge; remaining employees expected to leave by 2005.
2004-06-26restructuringin_progress2102004-12-31Pressure-sensitive Adhesives and MaterialsUSD 21 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 2004 charge of $21.4M pretax including $15.9M severance for ~210 positions as part of Jackstädt integration. Approximately 205 employees had left by quarter-end; $11.4M severance accrual remained. Remaining employees expected to leave in 2004 with final payments in 2005.
2004-06-26restructuringin_progress1752004-04-012005-12-31GlobalPressure-sensitive Adhesives and MaterialsUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q2 2004 Jackstadt integration completion. 105 employees left by June 26, 2004; remaining expected to leave by 2005.
2004-06-26restructuringin_progress202004-04-012005-12-31GlobalConsumer and Converted ProductsUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of Q2 2004 cost reduction actions. 10 employees left by June 26, 2004; remaining expected to leave by 2005.
2004-06-26restructuringin_progress2102004-01-012005-12-31GlobalPressure-sensitive Adhesives and MaterialsUSD 16 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q1 2004 Jackstadt integration. 205 employees left by June 26, 2004; remaining expected to leave in 2004.
2004-06-26restructuringin_progress1802003-10-012005-12-31GlobalPressure-sensitive Adhesives and MaterialsUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2003 integration/productivity initiative. 135 employees left by June 26, 2004; remaining expected to leave in 2004.
2004-06-26restructuringin_progress3352003-10-012005-12-31GlobalConsumer and Converted ProductsUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2003 integration/productivity initiative. 265 employees left by June 26, 2004; remaining expected to leave in 2004.
2004-06-26restructuringin_progress152003-10-012005-12-31GlobalCorporateUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2003 integration/productivity initiative. 10 employees left by June 26, 2004; remaining expected to leave in 2004.
2004-06-26restructuringcompleted802002-10-012004-12-31GlobalPressure-sensitive Adhesives and Materialsrestructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2002 cost reduction. All employees terminated by June 2004; final payments by end of 2004.
2004-06-26restructuringcompleted2202002-10-012004-12-31GlobalConsumer and Converted Productsrestructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2002 cost reduction. All employees terminated by June 2004; final payments by end of 2004.
2004-06-26plant_closurecompleted2004-01-012004-03-31FrancePressure-sensitive Adhesives and MaterialsMD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Manufacturing facility closed in Q1 2004 as part of Jackstadt integration.
2004-06-26plant_closurecompleted2004-04-012004-06-30ItalyPressure-sensitive Adhesives and MaterialsMD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Manufacturing facility closed in Q2 2004 as part of Jackstadt integration.
2004-06-26restructuringin_progress1752004-04-012005-12-31GlobalPressure-sensitive Adhesives and MaterialsUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q2 2004 Jackstädt integration completion. 105 employees had left by June 26, 2004. Remaining expected to leave by 2005.
2004-06-26restructuringin_progress202004-04-012005-12-31GlobalConsumer and Converted ProductsUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q2 2004 cost reduction actions. 10 employees had left by June 26, 2004. Remaining expected to leave by 2005.
2004-06-26restructuringin_progress2102004-01-012005-12-31GlobalPressure-sensitive Adhesives and MaterialsUSD 16 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q1 2004 Jackstädt integration. 205 employees had left by June 26, 2004. Remaining expected to leave in 2004.
2004-06-26restructuringin_progress1802003-10-012005-12-31GlobalPressure-sensitive Adhesives and MaterialsUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q4 2003 integration/productivity initiatives. 135 employees had left by June 26, 2004. Remaining expected to leave in 2004.
2004-06-26restructuringin_progress3352003-10-012005-12-31GlobalConsumer and Converted ProductsUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q4 2003 integration/productivity initiatives. 265 employees had left by June 26, 2004. Remaining expected to leave in 2004.
2004-06-26restructuringin_progress152003-10-012005-12-31GlobalCorporateUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q4 2003 integration/productivity initiatives. 10 employees had left by June 26, 2004. Remaining expected to leave in 2004.
2004-06-26restructuringcompleted802002-10-012004-12-31GlobalPressure-sensitive Adhesives and MaterialsUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q4 2002 cost reduction actions. All employees terminated had left by June 2004.
2004-06-26restructuringcompleted2202002-10-012004-12-31GlobalConsumer and Converted ProductsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q4 2002 cost reduction actions. All employees terminated had left by June 2004.
2004-06-26restructuringcompleted5602002-01-012004-12-31GlobalJackstädt AcquisitionUSD 25 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Jackstädt purchase price allocation exit activities. All affected employees left by end of 2003.
2004-03-27restructuringin_progress2102004-12-31Pressure-sensitive Adhesives and MaterialsUSD 16 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 2004 charge of $21.4M pretax: $15.9M severance for ~210 positions, $2.9M software impairment, $2.6M machinery/equipment impairment. $14.9M severance accrued at 2004-03-27; ~25 employees had separated. Part of Jackstädt integration; MD&A states total integration headcount reduction of ~500 positions by end of Q2 2004. Final payments expected in 2005.
2004-03-27plant_closurecompletedFrancePressure-sensitive Adhesives and MaterialsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Roll materials plant closed during Q1 2004 as part of Jackstädt integration; headcount not separately disclosed and included in the 210-position restructuring.
2004-03-27plant_closureannouncedItalyPressure-sensitive Adhesives and MaterialsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Manufacturing facility closure announced during Q1 2004 under Jackstädt integration; affected headcount not disclosed.
2004-03-27restructuringin_progress1802004-12-31Pressure-sensitive Adhesives and Materialsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q4 2003 program: $34.3M pretax charge including $22M severance for ~530 positions total (severance not split by segment). Program also covers productivity initiatives and product line divestitures; $11.2M severance accrued at 2004-03-27. Final payments expected 2005.
2004-03-27restructuringin_progress3352004-12-31Consumer and Converted Productsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q4 2003 program component; ~245 of these employees had left by 2004-03-27. Severance not allocated by segment; program total ~530 positions with $22M severance.
2004-03-27restructuringin_progress152004-12-31Corporaterestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q4 2003 program component; ~10 corporate employees had left by 2004-03-27. Severance not allocated by segment.
2004-03-27restructuringin_progress802004-12-31Pressure-sensitive Adhesives and Materialsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q4 2002 cost reduction program: $10.7M pretax severance charge for ~300 positions total; ~75 of these employees had left by 2004-03-27 with $0.6M still accrued. Program expected to complete during 2004.
2004-03-27restructuringin_progress2202004-12-31Consumer and Converted Productsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q4 2002 program component; ~220 of these employees had left by 2004-03-27. Severance not allocated by segment; program total ~300 positions with $10.7M charge.
2004-03-27divestiture_reductioncompleted2003-10Europe (Denmark, France)Consumer and Converted Productsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of European package label converting business completed October 2003; associated headcount not disclosed. Reported as discontinued operations.
2004-03-27restructuringin_progress2102004-01-012004-12-31GlobalPressure-sensitive Adhesives and MaterialsUSD 21 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q1 2004 charge for Jackstädt integration; includes $15.9M severance for ~210 positions. Completion expected in 2004.
2004-03-27restructuringin_progress5302003-10-012004-12-31GlobalAll SegmentsUSD 34 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2003 charge for productivity improvements and Jackstädt integration. ~530 positions eliminated. Final payments expected in 2005.
2004-03-27restructuringin_progress3002002-10-012004-12-31GlobalAll SegmentsUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2002 charge for cost reduction actions. ~300 positions eliminated. Completion expected in 2004.
2004-03-27divestiture_reductioncompleted2003-10-012003-10-31EuropeConsumer and Converted ProductsMD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Sale of package label converting business in Europe (Denmark and France facilities) completed in October 2003.
2004-03-27restructuringin_progress2102004-01-012004-12-31GlobalPressure-sensitive Adhesives and MaterialsUSD 21 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Jackstädt integration actions; $15.9M severance, $2.9M software impairment, $2.6M machinery/equipment impairment. 25 employees left as of March 27, 2004.
2004-03-27restructuringin_progress5302003-10-012004-12-31GlobalConsumer and Converted Products; Pressure-sensitive Adhesives and Materials; CorporateUSD 34 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q4 2003 productivity improvement and integration actions. 365 employees left as of March 27, 2004. Includes $22M severance and $8.2M asset impairments/lease cancellations.
2004-03-27restructuringin_progress3002002-10-012004-12-31GlobalConsumer and Converted Products; Pressure-sensitive Adhesives and MaterialsUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q4 2002 cost reduction actions. 295 employees left as of March 27, 2004. $0.6M accrued severance remaining.
2004-03-27plant_closurecompleted2004-01-012004-03-31FrancePressure-sensitive Adhesives and MaterialsMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closed a roll materials plant in France during Q1 2004 as part of Jackstädt integration.
2004-03-27plant_closureannounced2004-03-27ItalyPressure-sensitive Adhesives and MaterialsMD&A
f5-10q / Qwen3.6-27B-Q8_0
Announced closure of a manufacturing facility in Italy during Q1 2004 as part of Jackstädt integration.
2003-12-27restructuringin_progress1802004-12-31WorldwidePressure-sensitive Adhesives and Materials segmentrestructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Component of the Q4 2003 charge under which approximately 530 positions worldwide were eliminated; about 45 of these 180 employees had left by fiscal year-end. Charges are disclosed only in aggregate: a $22 million pretax severance charge for all ~530 positions, with $17.2 million still accrued at year-end. MD&A describes the same program as ~420 productivity-improvement positions (~half from office products) plus 110 Jackstädt integration positions. Cost reduction program expected to be completed in 2004.
2003-12-27restructuringin_progress3352004-12-31WorldwideConsumer and Converted Products segmentrestructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Component of the Q4 2003 charge under which approximately 530 positions worldwide were eliminated; about 175 of these 335 employees had left by fiscal year-end. MD&A indicates roughly half of the ~420 productivity-improvement positions came from the office products business, which is within this segment. Charges disclosed only in aggregate: $22 million pretax severance for all ~530 positions; $17.2 million remained accrued at year-end.
2003-12-27restructuringin_progress152004-12-31WorldwideCorporaterestructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Component of the Q4 2003 charge under which approximately 530 positions worldwide were eliminated; about 10 of these 15 corporate employees had left by fiscal year-end. Severance charge ($22 million pretax) and accrual ($17.2 million at year-end) are disclosed only in aggregate for all ~530 positions.
2003-12-27restructuringannounced5002004-12-31Jackstädt integration (Pressure-sensitive Adhesives and Materials segment)USD 30 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Completion of the Jackstädt integration during 2004 includes a further headcount reduction of approximately 500 positions; final restructuring charges expected in a $30–35 million range in H1 2004 (low end captured). Annualized savings of $25–30 million expected to begin in H2 2004. Disclosed in the fiscal 2003 Form 10-K (signed March 11, 2004); no separate announcement date given. Jackstädt, acquired May 2002, is part of the Pressure-sensitive Adhesives and Materials segment.
2003-12-27divestiture_reductioncompleted2003-10Europe (Denmark and France)Consumer and Converted Products — European package label converting businessdiscontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Sale of the European package label converting business — two converting facilities in Denmark and one in France — to CCL Industries Inc. completed October 2003; represented approximately $50 million of 2002 sales. Employee headcount affected was not disclosed. Cash proceeds were $58.8 million; pretax gain on sale $25.5 million ($19.7 million after tax). Results reported as discontinued operations for all periods presented.
2003-12-27restructuringin_progress1802003-10-012004-12-31WorldwidePressure-sensitive Adhesives and Materialsrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Announced in Q4 2003 (exact date not disclosed); part of a 530-position program (420 productivity-improvement plus 110 Jackstädt integration positions). Program-level pretax severance charge $22 million; total Q4 2003 charge $34.3 million also covered impairment, lease cancellation and divestiture losses. About 45 of this segment's affected employees had left by year end.
2003-12-27restructuringin_progress3352003-10-012004-12-31WorldwideConsumer and Converted Productsrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Announced in Q4 2003 (exact date not disclosed); part of a 530-position program. Roughly half of the 420 productivity-improvement positions came from the office products business. Program-level pretax severance charge $22 million; total Q4 2003 charge $34.3 million. About 175 of this segment's affected employees had left by year end.
2003-12-27restructuringin_progress152003-10-012004-12-31WorldwideCorporaterestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Announced in Q4 2003 (exact date not disclosed); part of a 530-position program. Program-level pretax severance charge $22 million; $17.2 million remained accrued for severance at year end. About 10 corporate positions had been vacated by year end.
2003-12-27restructuringannounced5002003-10-012004-06-30Europe (Germany)Pressure-sensitive Adhesives and Materials — Jackstädt integrationMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Further headcount reduction of approximately 500 positions to complete the Jackstädt integration, announced in Q4 2003 for execution in 2004; final restructuring charges expected in H1 2004 in a range of $30 million to $35 million, with expected annualized savings of $25 million to $30 million. Separate from the 110 Jackstädt positions already eliminated within the 530-position 2003 program.
2003-12-27divestiture_reductioncompleted2003-10-012003-10-01Denmark and FranceConsumer and Converted Products — package label convertingdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of European package label converting business (two facilities in Denmark, one in France) to CCL Industries completed October 2003; exact date not disclosed. Headcount associated with the divested business not disclosed; business represented approximately $50 million of 2002 sales and produced a $19.7 million after-tax gain.
2003-12-27restructuringin_progress4202003-10-012004-12-31WorldwideOffice Products and CorporateUSD 34 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Productivity improvement initiatives announced in Q4 2003. Includes headcount reductions of approximately 420 positions, with approximately half from the office products business. Charges of $34.3 million recorded in Q4 2003 for severance, impairment, lease cancellation costs, and net losses associated with product line divestitures. Completion expected by end of 2004.
2003-12-27restructuringin_progress1102003-10-012004-12-31EuropePressure-sensitive Adhesives and MaterialsMD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Jackstadt integration actions announced in Q4 2003. Includes headcount reductions of 110 positions. Part of the broader productivity improvement initiatives.
2003-12-27restructuringannounced5002003-10-012004-12-31EuropePressure-sensitive Adhesives and MaterialsMD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Further Jackstadt integration actions expected to be completed in 2004. Includes a further headcount reduction of approximately 500 positions. Final restructuring charges of $30 million to $35 million expected to be recognized in the first half of 2004.
2003-12-27restructuringcompleted3002002-10-012003-12-31WorldwideAll SegmentsUSD 32 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Cost reduction programs and reorganization of manufacturing and administrative facilities initiated in 2002. Included employee severance and related costs for approximately 300 employees worldwide. Final severance payments completed in Q4 2003.
2003-12-27restructuringin_progress4202003-Q42004-12-31WorldwideOffice products business (approx. half)USD 34 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Announced in Q4 2003. Includes severance, impairment, lease cancellation, and divestiture losses. Anticipated annualized savings of $25-$30 million.
2003-12-27restructuringin_progress1102003-Q42004-12-31EuropePressure-sensitive Adhesives and MaterialsMD&A
f5-10k / Qwen3.6-27B-Q8_0
Jackstädt integration actions announced in Q4 2003. Charges included in the $34.3 million total above.
2003-12-27restructuringannounced5002003-Q42004-06-30EuropePressure-sensitive Adhesives and MaterialsUSD 33 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Completion of Jackstädt integration in 2004. Final restructuring charges expected in first half of 2004. Anticipated annualized savings of $25-$30 million.
2003-09-27restructuringannounced2003-11-10Primarily North AmericaMultiple businesses throughout the CompanyMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Headcount reductions of 500 to 600 positions expected to provide annualized cost savings of $30M–$35M, with $20M–$25M expected in 2004. Restructuring charge to be recorded in Q4 2003. No specific charge amount disclosed.
2003-09-27restructuringin_progress8020022003-12-31WorldwidePressure-sensitive Adhesives and Materialsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Part of 2002 cost reduction program with total pretax charge of $10.7M for ~300 positions worldwide. $4.2M remained accrued at quarter end; ~270 of 300 had departed. Expected completion during 2003.
2003-09-27restructuringin_progress22020022003-12-31WorldwideConsumer and Converted Productsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Part of 2002 cost reduction program with total pretax charge of $10.7M for ~300 positions worldwide. $4.2M remained accrued at quarter end; ~270 of 300 had departed. Expected completion during 2003.
2003-09-27restructuringin_progress17020012003-12-31WorldwidePressure-sensitive Adhesives and Materialsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Part of 2001 cost reduction program with total pretax charge of $19.9M for ~400 positions worldwide. $.9M remained accrued at quarter end for long-term severance contracts payable through end of 2003.
2003-09-27restructuringin_progress21020012003-12-31WorldwideConsumer and Converted Productsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Part of 2001 cost reduction program with total pretax charge of $19.9M for ~400 positions worldwide. $.9M remained accrued at quarter end for long-term severance contracts payable through end of 2003.
2003-09-27restructuringin_progress2020012003-12-31WorldwideCorporaterestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Part of 2001 cost reduction program with total pretax charge of $19.9M for ~400 positions worldwide. $.9M remained accrued at quarter end for long-term severance contracts payable through end of 2003.
2003-09-27restructuringin_progress5602002-05-172004-06-30Germany / InternationalPressure-sensitive Adhesives and Materials (Jackstädt integration)USD 25 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Involuntary terminations of ~560 Jackstädt employees as part of acquisition integration; ~500 had departed by end of Q3 2003. $6M of $25M assumed liability remained accrued. Integration actions expected complete by end of Q2 2004.
2003-09-27divestiture_reductioncompleted2003-102003-10Denmark and France (Europe)Consumer and Converted Products — package label convertingsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of European package label converting business (two facilities in Denmark, one in France) to CCL Industries for ~$61M cash proceeds; ~$27M gain expected in Q4 2003. No headcount disclosed.
2003-09-27restructuringin_progress3002002-10-012003-12-31WorldwideManufacturing and AdministrativeUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2002 cost reduction program. 80 employees in Pressure-sensitive Adhesives and Materials; 220 in Consumer and Converted Products. 270 employees had left by Q3 2003. $4.2 million remained accrued.
2003-09-27restructuringin_progress4002001-10-012003-12-31WorldwideManufacturing and AdministrativeUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2001 cost reduction program. 170 employees in Pressure-sensitive Adhesives and Materials; 210 in Consumer and Converted Products; 20 Corporate. $0.9 million remained accrued for long-term severance contracts.
2003-09-27restructuringin_progress5602002-05-172004-12-31GermanyPressure-sensitive Adhesives and MaterialsUSD 25 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Jackstadt acquisition integration. 500 employees had left by Q3 2003. Costs include severance, lease exit, and contract termination.
2003-09-27restructuringannounced5502003-10-01North AmericaVariousMD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Announced in Q3 10-Q (subsequent event). Headcount reductions of 500-600 positions. Expected annualized savings of $30-35 million. Restructuring charge expected in Q4 2003.
2003-09-27restructuringin_progress5602002-05-172004-12-31GlobalPressure-sensitive Adhesives and MaterialsUSD 25 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Integration costs for Jackstädt acquisition. 500 employees had left by Q3 2003. $6 million of $25 million accrued remained.
2003-09-27restructuringin_progress3002002-10-012003-12-31GlobalCorporate and Operating SegmentsUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2002 cost reduction program. 270 employees had left by Q3 2003. $4.2 million accrued remained.
2003-09-27restructuringin_progress4002001-10-012003-12-31GlobalCorporate and Operating SegmentsUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2001 cost reduction program. $0.9 million accrued remained for long-term severance contracts.
2003-09-27restructuringannounced5502003-09-27North AmericaGlobalMD&A
f5-10q / Qwen3.6-27B-Q8_0
Announced headcount reductions of 500 to 600 positions, primarily in North America. Expected to result in a restructuring charge in Q4 2003.
2003-06-28restructuringin_progress802002-12-312003-12-31WorldwidePressure-sensitive Adhesives and Materialsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2002 cost reduction program; segment split of a program totaling approximately 300 positions and a $10.7 million pretax charge (charge not allocated by segment). Exact announcement date not disclosed; charge recorded in Q4 2002.
2003-06-28restructuringin_progress2202002-12-312003-12-31WorldwideConsumer and Converted Productsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2002 cost reduction program; segment split of a program totaling approximately 300 positions and a $10.7 million pretax charge (charge not allocated by segment). Approximately 170 of the 300 positions had separated by quarter-end, with $6.7 million severance still accrued.
2003-06-28plant_closurein_progress2002-12-312003-12-31United StatesConsumer and Converted Products — Office ProductsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plant closure in the domestic Office Products business under the 2002 cost reduction program; transition costs incurred during Q2 2003. No employee count or separately identified charge disclosed.
2003-06-28restructuringin_progress5602002-05-172004-06-30GermanyPressure-sensitive Adhesives and MaterialsUSD 25 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Jackstädt integration: severance for approximately 560 involuntary terminations, plus lease exit and sales-agent contract termination costs, accrued within assumed liabilities of approximately $25 million; about $10 million remained at 2003-06-28 and roughly 480 of the positions had separated. MD&A adds ~300 positions cut in H1 2003 (~600 total to date).
2003-06-28restructuringin_progress1702001-12-312004-12-31WorldwidePressure-sensitive Adhesives and Materialsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2001 cost reduction program (approximately 400 positions; $19.9 million pretax charge comprising $13.1 million severance and $6.8 million asset impairments, not allocated by segment). Segment split shown as approximate; $0.9 million severance still accrued at 2003-06-28, payable through 2004.
2003-06-28restructuringin_progress2102001-12-312004-12-31WorldwideConsumer and Converted Productsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2001 cost reduction program; segment split of approximately 400 positions total (20 Corporate positions also affected). Charge not allocated by segment.
2003-06-28restructuringin_progress202001-12-312004-12-31WorldwideCorporaterestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2001 cost reduction program; Corporate component of approximately 400 positions total. Charge not allocated by component.
2003-06-28plant_closurein_progress2002-09-302011-12-31United StatesCorporate / Jackstädt integrationUSD 15 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q3 2002 charge for planned disposition of fixed assets, a plant closure, and lease cancellation tied to Jackstädt integration (~60% of charge); $11.3 million asset impairments and $3.9 million lease cancellation, payable through 2011. No employee count disclosed. Exact announcement date not disclosed; charge recorded in Q3 2002.
2003-06-28divestiture_reductionannounced2003-07-312003-12-31Denmark and FranceConsumer and Converted Products — package label convertingsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement signed in July 2003 (exact day not disclosed) to sell European package label converting business — two facilities in Denmark and one plant in France — to CCL Industries; expected proceeds ~$60 million with an expected gain of $25–30 million. No employee count disclosed; business reported as discontinued operations.
2003-06-28restructuringin_progress3002002-10-012003-12-31WorldwidePressure-sensitive Adhesives and Materials; Consumer and Converted ProductsUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2002 cost reduction program. 80 employees in Pressure-sensitive Adhesives and Materials; 220 in Consumer and Converted Products. $6.7 million remained accrued at June 28, 2003. Approximately 170 employees had left by end of Q2 2003.
2003-06-28restructuringin_progress4002001-10-012004-12-31WorldwidePressure-sensitive Adhesives and Materials; Consumer and Converted Products; CorporateUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2001 cost reduction program. 170 employees in Pressure-sensitive Adhesives and Materials; 210 in Consumer and Converted Products; 20 Corporate. $0.9 million remained accrued at June 28, 2003.
2003-06-28restructuringin_progress5602002-05-172004-12-31Germany; InternationalPressure-sensitive Adhesives and MaterialsUSD 25 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Jackstadt acquisition integration. Severance costs for involuntary terminations. Approximately 480 employees had left by end of Q2 2003. $10 million remained accrued at June 28, 2003.
2003-06-28plant_closurein_progress2002-07-012011-12-31United States; InternationalOffice Products; Pressure-sensitive Adhesives and MaterialsUSD 15 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q3 2002 charge for planned disposition of fixed assets and lease cancellation costs associated with Jackstadt integration and plant closure. Employee count not specified for this specific charge.
2003-06-28restructuringin_progress5602002-11-052004-12-31GlobalPressure-sensitive Adhesives and MaterialsUSD 25 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Integration costs for Jackstädt acquisition. 480 employees had left by Q2 2003. $10 million of $25 million accrued remained.
2003-06-28restructuringin_progress3002002-10-012003-12-31GlobalConsumer and Converted Products; Pressure-sensitive Adhesives and MaterialsUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2002 cost reduction program. 170 employees had left by Q2 2003. $6.7 million of $10.7 million accrued remained.
2003-06-28restructuringin_progress4002001-10-012004-12-31GlobalConsumer and Converted Products; Pressure-sensitive Adhesives and Materials; CorporateUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2001 cost reduction program. $0.9 million of $13.1 million accrued remained for long-term severance contracts.
2003-03-29restructuringin_progress5002002-05-172004-12-31GermanyPressure-sensitive Adhesives and MaterialsUSD 18 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Exit and integration costs for Jackstädt assumed liabilities of ~$18M (severance plus lease exit); ~$10M remained accrued at 2003-03-29 and ~300 of the 500 employees had left by quarter-end. Announcement date is the acquisition close date; filing does not date the exit actions separately. MD&A separately reports ~100 positions reduced during Q1 2003 and ~425 to date, with integration expected complete by Q2 2004 (not extracted separately to avoid double-counting).
2003-03-29restructuringin_progress802002-12-282003-12-31WorldwidePressure-sensitive Adhesives and Materialsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2002 cost reduction program; program-wide pretax charge of $10.7M covering ~300 positions worldwide (not split by segment in the filing). ~$8M remained accrued at 2003-03-29; ~40 of the 80 affected employees had left by quarter-end. Announcement date is the Q4 2002 fiscal period end; exact announcement date not stated.
2003-03-29restructuringin_progress2202002-12-282003-12-31WorldwideConsumer and Converted Productsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2002 cost reduction program; program-wide pretax charge of $10.7M covering ~300 positions worldwide (not split by segment in the filing). ~$8M remained accrued at 2003-03-29; ~40 of the 220 affected employees had left by quarter-end. Announcement date is the Q4 2002 fiscal period end; exact announcement date not stated.
2003-03-29restructuringin_progress1702001-12-312004-12-31WorldwidePressure-sensitive Adhesives and Materialsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Legacy 2001 cost reduction program disclosed for residual accrual: program-wide pretax charge of $19.9M ($13.1M severance for ~400 positions plus $6.8M asset impairments), not split by segment. ~$1.7M severance remained accrued at 2003-03-29 under long-term contracts payable through 2004. Announcement date is the Q4 2001 fiscal period end; exact date not stated.
2003-03-29restructuringin_progress2102001-12-312004-12-31WorldwideConsumer and Converted Productsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Legacy 2001 cost reduction program disclosed for residual accrual: program-wide pretax charge of $19.9M ($13.1M severance for ~400 positions plus $6.8M asset impairments), not split by segment. ~$1.7M severance remained accrued at 2003-03-29 under long-term contracts payable through 2004. Announcement date is the Q4 2001 fiscal period end; exact date not stated.
2003-03-29restructuringin_progress202001-12-312004-12-31WorldwideCorporaterestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Legacy 2001 cost reduction program disclosed for residual accrual: program-wide pretax charge of $19.9M ($13.1M severance for ~400 positions plus $6.8M asset impairments), not split by segment. ~$1.7M severance remained accrued at 2003-03-29 under long-term contracts payable through 2004. Announcement date is the Q4 2001 fiscal period end; exact date not stated.
2003-03-29restructuringin_progress3002002-10-012003-12-31WorldwideManufacturing and AdministrativeUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2002 cost reduction program. Approximately 80 employees in Pressure-sensitive Adhesives and Materials segment and 220 in Consumer and Converted Products segment. $8 million remained accrued at March 29, 2003. Approximately 80 employees had left the company by end of Q1 2003.
2003-03-29restructuringin_progress5002002-05-172004-12-31GermanyPressure-sensitive Adhesives and MaterialsUSD 18 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Integration of Jackstädt acquisition. Severance costs for involuntary terminations. Approximately 300 employees had left by end of Q1 2003. $10 million remained accrued at March 29, 2003.
2003-03-29restructuringin_progress4002001-10-012004-12-31WorldwideManufacturing and AdministrativeUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2001 cost reduction program. 170 employees in Pressure-sensitive Adhesives and Materials, 210 in Consumer and Converted Products, and 20 Corporate. $1.7 million remained accrued at March 29, 2003.
2003-03-29restructuringin_progress3002002-10-012003-12-31WorldwidePressure-sensitive Adhesives and Materials; Consumer and Converted ProductsUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q4 2002 charge for cost reduction programs. 80 positions in Pressure-sensitive Adhesives and Materials, 220 in Consumer and Converted Products. $8 million remained accrued at Q1 2003 end. 80 employees had left by Q1 2003 end.
2003-03-29restructuringin_progress5002002-05-172004-12-31GermanyPressure-sensitive Adhesives and MaterialsUSD 18 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Jackstädt acquisition integration. Severance for involuntary terminations. $10 million remained accrued at Q1 2003 end. 300 employees had left by Q1 2003 end.
2003-03-29restructuringin_progress4002001-10-012004-12-31WorldwidePressure-sensitive Adhesives and Materials; Consumer and Converted Products; CorporateUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q4 2001 charge for cost reduction programs. 170 positions in Pressure-sensitive Adhesives and Materials, 210 in Consumer and Converted Products, 20 Corporate. $1.7 million remained accrued at Q1 2003 end.
2003-03-29restructuringin_progress1002002-05-172004-06-30InternationalPressure-sensitive Adhesives and MaterialsMD&A
f5-10q / Qwen3.6-27B-Q8_0
Jackstädt integration actions reduced headcount by approx 100 positions in Q1 2003. Total headcount reductions to-date approx 425 positions.
2002-12-28restructuringin_progress1,0002002-05-172004-06-30WorldwidePressure-sensitive Adhesives and Materials (Jackstädt business)USD 18 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Jackstädt GmbH integration launched at the May 17, 2002 acquisition, expected complete by end of Q2 2004. Roughly 315 of an estimated 1,000 position eliminations completed by year-end 2002; about 700 further reductions expected during 2003–2004. Exit/integration costs of ~$18M recognized as liabilities assumed, mainly severance for ~500 Jackstädt employees payable through 2004 (~$12M still accrued at year-end). MD&A also cites ~$20M of additional expected severance charges (stated as Q1 2004). Fiscal-2002 activity is the ~315 completed eliminations within the cumulative program.
2002-12-28restructuringin_progress802002-122003WorldwidePressure-sensitive Adhesives and MaterialsUSD 5 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Segment component of Q4 2002 cost reduction program covering ~300 positions worldwide with a $10.7M total severance charge. About 40% of the total severance related to Jackstädt integration eliminations of Avery Dennison positions; remainder covered an announced Office Products manufacturing facility closure and other cost reductions. Only ~50 of the ~300 affected employees had left by year-end 2002; $9.8M of severance remained accrued at year-end.
2002-12-28restructuringin_progress2202002-122003WorldwideConsumer and Converted Products (includes announced Office Products manufacturing facility closure)USD 6 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Segment component of the same Q4 2002 cost reduction program (~300 positions worldwide, $10.7M total severance). Includes the announced Office Products plant closure, whose headcount was not separately quantified. About 40% of the total severance charge related to Jackstädt integration eliminations. Roughly 50 of ~300 affected employees had departed by year-end 2002; $9.8M severance remained accrued.
2002-12-28restructuringin_progress2002-09Multiple — Jackstädt integration, planned plant closure, other businessesUSD 15 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Q3 2002 pretax charge for fixed-asset disposition and lease cancellations: $11.3M asset impairments ($1.3M buildings, $10.0M machinery/equipment) plus $3.9M lease cancellation costs. About 60% related to Jackstädt integration; balance tied to a planned plant closure, lease exits and other-business impairments. Headcount impact not separately disclosed. Lease cancellation payments expected through 2011 ($3.7M accrued at year-end).
2002-12-28restructuringin_progress2002-12Reflective business (Pressure-sensitive Adhesives and Materials) and Jackstädt integrationUSD 6 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Q4 2002 pretax charge for planned disposition of machinery and equipment to cut Reflective business costs and support Jackstädt integration; related entirely to assets owned before the acquisition. Headcount impact not separately disclosed. Per Note 12, the full-year $21.4M impairment/lease charge was booked $17.2M to Pressure-sensitive Adhesives and Materials and $4.2M to Consumer and Converted Products.
2002-12-28acquisition_additioncompleted2002-05-17GermanyPressure-sensitive Adhesives and Materialsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Jackstädt GmbH; headcount added not separately disclosed. Consolidated revenues of approximately $400 million in 2001.
2002-12-28acquisition_additioncompleted2002-11-05United StatesConsumer and Converted Productsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of RVL Packaging, Inc. and assets of L&E Packaging; headcount added not separately disclosed. Combined unaudited revenues approximately $175 million for 2001.
2002-12-28restructuringin_progress3152002-05-172004-06-30InternationalPressure-sensitive Adhesives and MaterialsUSD 18 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Cumulative through fiscal year-end; total program targets approximately 1,000 positions. Approximately 225 Jackstädt employees had departed by year end. Multi-year integration through end of Q2 2004. $18M exit costs recognized as liabilities assumed, primarily severance for ~500 Jackstädt employees plus lease exit costs.
2002-12-28restructuringin_progress3002002-10-012003-12-31WorldwideBoth segmentsUSD 11 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Approximately 40% related to Jackstädt integration elimination of Avery Dennison positions; remainder for Office Products manufacturing facility closure and other cost reductions. 80 positions in Pressure-sensitive segment, 220 in Consumer and Converted Products. Overlaps with Jackstädt integration program. $9.8M remained accrued at year end.
2002-12-28restructuringannounced7002003-03-282004-12-31WorldwideMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Forward-looking expectation for additional headcount reductions during 2003 and 2004. Approximately $20 million severance charge expected in Q1 2004 for the balance of Jackstädt severance costs.
2002-12-28restructuringin_progress3002002-10-012003-12-31WorldwidePressure-sensitive Adhesives and Materials; Consumer and Converted ProductsUSD 11 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Cost reduction programs and reorganization of manufacturing/administrative facilities. Approximately 80 employees in Pressure-sensitive segment and 220 in Consumer segment. Program expected to complete in 2003.
2002-12-28restructuringin_progress2002-01-012004-06-30WorldwidePressure-sensitive Adhesives and MaterialsItem 1. Business
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Integration of Jackstadt acquisition. Majority of integration actions, including cost and headcount reductions, expected to be completed by end of second quarter 2004.
2002-12-28restructuringannounced7002003-03-282004-12-31WorldwideAll SegmentsUSD 20 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Company expects additional headcount reductions of approximately 700 positions during 2003 and 2004. Expects to take charges totaling approximately $20 million in first quarter 2004 for balance of severance costs related to Jackstadt acquisition.
2002-12-28restructuringin_progress3002002-Q42003-12-31WorldwidePressure-sensitive Adhesives and Materials; Consumer and Converted ProductsUSD 11 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Cost reduction programs and reorganization of manufacturing and administrative facilities. Approximately 80 employees in Pressure-sensitive segment and 220 in Consumer segment. Program expected to complete in 2003.
2002-12-28restructuringin_progress3152002-05-172004-06-30WorldwidePressure-sensitive Adhesives and MaterialsMD&A
f5-10k / Qwen3.6-27B-Q8_0
Integration of Jackstädt acquisition. Reduction of approximately 315 of estimated 1,000 positions to be eliminated. Majority of integration actions expected to be completed by end of second quarter 2004.
2002-12-28restructuringannounced7002002-12-282004-12-31WorldwidePressure-sensitive Adhesives and Materials; Consumer and Converted ProductsUSD 20 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Additional headcount reductions of approximately 700 positions expected during 2003 and 2004. Company expects to take charges totaling approximately $20 million in first quarter of 2004 for balance of severance costs related to Jackstädt acquisition.
2002-09-28restructuringin_progress17020012002WorldwidePressure-sensitive Adhesives and Materialsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program-level pretax charge of $19.9 million ($13.1M severance, $6.8M asset write-downs) not allocated by segment; about 370 of 400 positions had separated by quarter-end with $3.1M severance accrual remaining.
2002-09-28restructuringin_progress21020012002WorldwideConsumer and Converted Productsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Component of the 2001 cost reduction program; program-level pretax charge of $19.9 million not allocated by segment.
2002-09-28restructuringin_progress2020012002WorldwideCorporaterestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Component of the 2001 cost reduction program; program-level pretax charge of $19.9 million not allocated by segment.
2002-09-28restructuringin_progress2002-09-28United States and international operationsPressure-sensitive Adhesives and Materials and Consumer and Converted ProductsUSD 15 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q3 pretax charge for planned fixed-asset dispositions, lease cancellations and a planned plant closure; about 60% tied to Jackstädt integration ($11.3M asset write-downs, $3.9M lease cancellation). Segment split: $11.0M PSAM, $4.2M CCP. No employee count disclosed; majority of integration actions expected over the following 21 months.
2002-09-28restructuringannounced2002-09-282002USD 17 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Planned Q4 2002 severance charge for Avery Dennison positions eliminated in the Jackstädt integration; exact announcement date not stated. Severance of former Jackstädt employees and related asset revaluation are booked as goodwill adjustments; no further such charges expected after 2002.
2002-09-28acquisition_additioncompleted2002-05-17GermanyPressure-sensitive Adhesives and Materialsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Headcount added not disclosed; Jackstädt had 2001 revenues of about $400 million; purchase price about $300 million including about $200 million cash and $100 million assumed debt.
2002-09-28acquisition_additioncompleted2002-11-05subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-quarter acquisition of RVL Packaging and the assets of L&E Packaging; headcount not disclosed. Purchase price about $220 million (about $47 million in stock), funded by short-term borrowings; combined 2001 revenues about $175 million.
2002-09-28restructuringin_progress4002001-10-012002-12-31WorldwidePressure-sensitive Adhesives and Materials, Consumer and Converted Products, CorporateUSD 20 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2001 cost reduction program involving reorganization of manufacturing and administrative facilities. Approximately 370 of 400 positions eliminated by Q3 2002. $3.1 million severance accrued remains.
2002-09-28restructuringannounced2002-09-282002-12-31WorldwideAvery Dennison positionsUSD 17 (millions)MD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Company plans to record $17 million charge in Q4 2002 for severance costs related to elimination of Avery Dennison positions due to Jackstadt integration.
2002-09-28restructuringin_progress4002001-10-012002-12-31WorldwidePressure-sensitive Adhesives and Materials, Consumer and Converted Products, CorporateUSD 20 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Program announced in Q4 2001. Includes 170 employees in Pressure-sensitive Adhesives, 210 in Consumer and Converted Products, and 20 Corporate. Approximately 370 employees had left by Q3 2002. $3.1 million severance accrued remains.
2002-09-28restructuringannounced2002-09-282002-12-31WorldwideCorporate / IntegrationUSD 17 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Company plans to record additional $17 million charge in Q4 2002 for severance costs related to elimination of Avery Dennison positions due to Jackstädt integration. Employee count not specified.
2002-06-29restructuringin_progress17020012002-12-31WorldwidePressure-sensitive Adhesives and Materialsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Part of a $19.9M pretax charge recorded in Q4 2001; $13.1M severance for ~400 positions worldwide. Segment-level charge not separately disclosed.
2002-06-29restructuringin_progress21020012002-12-31WorldwideConsumer and Converted Productsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Part of a $19.9M pretax charge recorded in Q4 2001; $13.1M severance for ~400 positions worldwide. Segment-level charge not separately disclosed.
2002-06-29restructuringin_progress2020012002-12-31WorldwideCorporaterestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Part of a $19.9M pretax charge recorded in Q4 2001; $13.1M severance for ~400 positions worldwide. Segment-level charge not separately disclosed.
2002-06-29acquisition_additioncompleted2002-05-17GermanyPressure-sensitive Adhesives and Materialsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Jackstadt GmbH acquired May 17, 2002 for ~$300M; headcount added not disclosed. ~$14M acquisition costs incurred by end of Q2.
2002-06-29restructuringin_progress4002001-10-012002-12-31WorldwidePressure-sensitive Adhesives and Materials; Consumer and Converted Products; CorporateUSD 20 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Program initiated in Q4 2001. As of Q2 2002, approx 320 employees had left. $4.8M severance and $0.7M asset write-downs accrued. Expected completion in 2002.
2002-06-29acquisition_additioncompleted2002-05-17GermanyPressure-sensitive Adhesives and MaterialsUSD 300 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Jackstadt GmbH. Purchase price $300M. Headcount not explicitly disclosed.
2002-06-29restructuringin_progress4002001-10-012002-12-31WorldwideManufacturing and AdministrativeUSD 20 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Program announced in Q4 2001. As of Q2 2002, approx. 320 employees had left. $4.8M severance and $0.7M asset write-downs remain accrued.
2002-06-29acquisition_additioncompleted2002-05-17GermanyPressure-sensitive Adhesives and Materialsbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Jackstadt GmbH. Headcount not explicitly disclosed.
2002-03-30restructuringin_progress1702002-12-31WorldwidePressure-sensitive Adhesives and Materialsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program-wide pretax charge of $19.9M ($13.1M severance, $6.8M asset write-downs) not allocated by segment; charge recorded in Q4 2001. Approximately 260 of 400 total positions had left by quarter-end.
2002-03-30restructuringin_progress2102002-12-31WorldwideConsumer and Converted Productsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program-wide pretax charge of $19.9M ($13.1M severance, $6.8M asset write-downs) not allocated by segment; charge recorded in Q4 2001. Approximately 260 of 400 total positions had left by quarter-end.
2002-03-30restructuringin_progress202002-12-31WorldwideCorporaterestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program-wide pretax charge of $19.9M ($13.1M severance, $6.8M asset write-downs) not allocated by segment; charge recorded in Q4 2001. Approximately 260 of 400 total positions had left by quarter-end.
2002-03-30restructuringin_progress1702001-10-012002-12-31WorldwidePressure-sensitive Adhesives and Materialsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q4 2001 program; approx 260 of 400 total positions left by Q1 2002 end.
2002-03-30restructuringin_progress2102001-10-012002-12-31WorldwideConsumer and Converted Productsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q4 2001 program; approx 260 of 400 total positions left by Q1 2002 end.
2002-03-30restructuringin_progress202001-10-012002-12-31WorldwideCorporaterestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of Q4 2001 program; approx 260 of 400 total positions left by Q1 2002 end.
2001-12-29restructuringin_progress1702002-12-31WorldwidePressure-sensitive Adhesives and MaterialsUSD 8 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Recorded in Q4 2001; announcement date not specified. Charge includes $3.9M U.S. and $3.7M international operations.
2001-12-29restructuringin_progress2102002-12-31WorldwideConsumer and Converted ProductsUSD 9 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Recorded in Q4 2001; announcement date not specified. Charge includes $5.4M U.S. and $4.0M international operations.
2001-12-29restructuringin_progress202002-12-31WorldwideCorporateUSD 3 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Recorded in Q4 2001; announcement date not specified. Program total: $19.9M pretax charge ($13.1M severance for ~400 positions, $6.8M asset write-downs); ~145 of 400 had separated at year end; $11M severance and $3.7M asset write-down accruals remaining; estimated annualized pretax savings ~$15M.
2001-12-29acquisition_additioncompletedUnited States (Wisconsin)Pressure-sensitive Adhesives and Materialsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired in Q1 2001; acquired business had 2000 sales of approximately $68M including sales to the Company. Headcount added not disclosed.
2001-12-29acquisition_additioncompletedUnited States (California)Consumer and Converted Productsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired in Q1 2001 from Stomp Inc.; acquired product line had 2000 sales of approximately $20M. Headcount added not disclosed.
2001-12-29acquisition_additionannounced2001-09-07GermanyPressure-sensitive Adhesives and Materialsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Pending acquisition of German pressure-sensitive materials business (~$400M 2000 revenues); delayed pending German Federal Cartel Office review. ~$9M direct costs capitalized at year end. Headcount not disclosed.
2001-12-29divestiture_reductioncompletedUnited StatesPressure-sensitive Adhesives and Materialsdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sold in Q4 2001; pretax gain of approximately $20.2M; divested business had 2001 net sales of $26.7M for ten months. Headcount removed not disclosed.
2001-12-29restructuringin_progress4002001-Q42002-12-31WorldwidePressure-sensitive Adhesives and Materials; Consumer and Converted Products; CorporateUSD 20 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Pretax charge of $19.9 million consisting of $13.1 million in severance and $6.8 million in asset write-downs. Approximately 145 employees had left by year-end. Completion expected in 2002.
2001-12-29restructuringin_progress1702002-12-31United States and internationalPressure-sensitive Adhesives and MaterialsUSD 8 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fourth-quarter 2001 cost reduction charge; segment charge comprised $3.9M U.S. and $3.7M international. Part of a consolidated program of approximately 400 positions worldwide with a $19.9M pretax charge ($13.1M severance, $6.8M asset write-downs).
2001-12-29restructuringin_progress2102002-12-31United States and internationalConsumer and Converted ProductsUSD 9 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fourth-quarter 2001 cost reduction charge; segment charge comprised $5.4M U.S. and $4.0M international. Part of a consolidated program of approximately 400 positions worldwide with a $19.9M pretax charge.
2001-12-29restructuringin_progress202002-12-31WorldwideCorporateMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Corporate portion of the consolidated 2001 cost reduction program (approximately 400 positions, $19.9M pretax charge total; $13.1M severance and related costs, $6.8M asset write-downs). Approximately 145 of the 400 positions had left the Company by year-end 2001; $11M severance and $3.7M asset write-down accruals remained at year-end; estimated annualized pretax savings of approximately $15M when fully implemented.
2001-12-29acquisition_additioncompletedUnited StatesPressure-sensitive Adhesives and Materialsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired in the first quarter of 2001; acquired-company sales of approximately $68 million in 2000 and $21.1M excess of cost basis over fair value of net tangible assets disclosed, but no headcount added is disclosed.
2001-12-29acquisition_additioncompletedUnited StatesConsumer and Converted Productsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired the CD Stomper product line in the first quarter of 2001; 2000 sales of approximately $20 million and $22.6M excess of cost basis over fair value of net tangible assets disclosed, but no headcount added is disclosed.
2001-12-29divestiture_reductioncompletedUnited StatesPressure-sensitive Adhesives and Materials — specialty coatings businessdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sold in the fourth quarter of 2001 with a pretax gain of approximately $20.2 million; divested business net sales were $26.7 million for ten months of 2001. No headcount removed is disclosed.
2001-12-29acquisition_additionannounced2001-09-07GermanyPressure-sensitive Adhesives and Materialssubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement announced September 7, 2001 to acquire Jackstädt GmbH (approximately $400 million 2000 revenues); closing delayed pending German Federal Cartel Office review. Approximately $9 million of direct costs capitalized at year-end 2001. No headcount disclosed; transaction not completed as of filing.
2001-09-29acquisition_additioncompleted2001-02-01United StatesPressure-sensitive Adhesives and MaterialsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Dunsirn Industries, Inc. (Wisconsin); no headcount disclosed. Company-wide acquisitions in Q1 2001 totaled approximately $59 million with about $38.6 million of excess purchase price.
2001-09-29acquisition_additioncompleted2001-02-13United StatesConsumer and Converted ProductsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of the CD Stomper product line from Stomp Inc.; no headcount disclosed.
2001-09-29acquisition_additionannounced2001-09-07GermanyPressure-sensitive Adhesives and Materialsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire Jackstadt GmbH (approximately $400 million 2000 revenues); expected to close in Q4 2001 or early 2002, subject to regulatory approvals. No headcount disclosed.
2001-09-29divestiture_reductionannouncedSmall non-core businessesMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Company expects to divest some small non-core businesses during Q4 2001; no announcement date, headcount, or charge disclosed.
2001-09-29restructuringannouncedCompany-wideMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plans additional cost reduction actions in Q4 2001 alongside the divestitures; net effect not expected to be significant. No headcount or charge quantified.
2001-03-31acquisition_additioncompleted2001-02-01United StatesPressure-sensitive Adhesives and Materialsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Dunsirn Industries, Inc. (Wisconsin), a non-pressure-sensitive materials supplier to narrow-web printing. 2000 sales approximately $68 million. No headcount disclosed.
2001-03-31acquisition_additioncompleted2001-02-13United StatesConsumer and Converted Productsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of the CD Stomper product line from Stomp Inc. (California). 2000 sales approximately $20 million. No headcount disclosed.
2001-03-31restructuringin_progressUnited StatesPressure-sensitive Adhesives and MaterialsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance costs incurred in Q1 2001 impacted the segment's U.S. operations; no employee count or charge amount disclosed. Related to the Company's 1999 restructuring program.
2001-03-31restructuringcompletedUnited StatesPressure-sensitive Adhesives and MaterialsMD&A
f5-10q / Qwen3.6-27B-Q8_0
Severance costs incurred in the first quarter impacted income for the segment's U.S. operations. Specific headcount or charge amounts not disclosed.
2001-03-31acquisition_additioncompleted2001-02-01WisconsinPressure-sensitive Adhesives and MaterialsMD&A
f5-10q / Qwen3.6-27B-Q8_0
Acquired Dunsirn Industries, Inc. on February 1, 2001. Headcount not disclosed.
2001-03-31acquisition_additioncompleted2001-02-13CaliforniaConsumer and Converted ProductsMD&A
f5-10q / Qwen3.6-27B-Q8_0
Acquired CD Stomper product line from Stomp Inc. on February 13, 2001. Headcount not disclosed.
2000-12-30restructuringcompleted1,5001999-03-312000-12-30United States and InternationalBoth segments — principally manufacturingUSD 65 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Announced Q1 1999; $65M pretax charge recorded in 1999 ($35.1M severance, $29.9M asset write-downs). Program completed during fiscal 2000. Headcount figure is cumulative for the program; filing does not split eliminations between 1999 and 2000.
2000-12-30restructuringannounced3002001-03-292001-12-31United StatesPressure-sensitive Adhesives and MaterialsMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Company plans to eliminate approximately 300 positions during 2001 to cut costs, principally in the domestic Pressure-sensitive Adhesives and Materials segment. Announced in FY2000 10-K but execution falls in FY2001.
2000-12-30acquisition_additioncompleted2000-03-312000-03-31Italy / EuropePressure-sensitive Adhesives and Materials — Fasson roll materialsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Adespan pressure-sensitive materials operation of Panini S.p.A. acquired in Q1 2000; had ~$75M sales in 1999. Headcount not disclosed.
2000-12-30acquisition_additioncompleted2001-02-012001-02-01United States — WisconsinPressure-sensitive Adhesives and Materials — Fasson roll materialssubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Dunsirn Industries acquired Feb 1, 2001 (after fiscal year-end). Expected ~$60M annual net sales. Headcount not disclosed.
2000-12-30acquisition_additioncompleted2001-02-132001-02-13United States — CaliforniaConsumer and Converted Productssubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
CD Stomper brand acquired Feb 13, 2001 (after fiscal year-end). Product line had ~$20M sales in 2000. Headcount not disclosed.
2000-12-30restructuringcompleted1,5002000-03-312000-12-30WorldwideManufacturing and DistributionUSD 65 (millions)Item_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Announced in Q1 2000 (fiscal year ended Dec 30, 2000). Consolidated manufacturing and distribution capacity, eliminating approx. 1,500 positions. Program completed in 2000.
2000-12-30restructuringannounced3002001-03-29DomesticPressure-sensitive Adhesives and Materialssubsequent_events
f5-10k / Qwen3.6-27B-Q8_0
Announced in filing date (March 2001) for fiscal year 2001. Plans to eliminate approx. 300 positions to cut costs, principally in domestic PSAM segment.
2000-09-30restructuringin_progress1,5002000United States and internationalBoth operating segments (Pressure-sensitive Adhesives and Materials; Consumer and Converted Products)USD 65 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced in Q1 1999 (exact date not disclosed); charge comprises $35.1M severance and $29.9M asset write-downs. Approximately 1,210 of the 1,500 positions had been eliminated by 2000-09-30; $58.7M of the charge utilized, $6.3M remaining in other current liabilities.
2000-09-30plant_closurein_progress2000United States and internationalManufacturing and distributionrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Seven plant closures initiated under the 1999 restructuring program, six completed as of 2000-09-30; workforce reductions are captured in the consolidated restructuring record above.
2000-09-30restructuringin_progress1,5001999-03-312000-12-31GlobalManufacturing and DistributionUSD 65 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Program announced Q1 1999. As of Sept 30, 2000, approx 1,210 employees had left. Seven plant closures initiated, six completed. Total charge $65M ($35.1M severance, $29.9M asset write-downs).
2000-07-01restructuringin_progress1,50019992000-12-31United States and international operationsBoth reportable segments (Pressure-sensitive Adhesives and Materials; Consumer and Converted Products) and CorporateUSD 65 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program announced in Q1 1999 to consolidate manufacturing and distribution capacity; targets elimination of about 1,500 positions, principally manufacturing. By quarter-end about 1,160 employees had left; seven plant closures initiated, six completed. Severance component $35.1M ($27.7M utilized), asset write-downs $29.9M ($26.1M utilized); $11.2M accrual balance remains. Charge allocated $25.1M to Pressure-sensitive segment, $37.6M to Consumer segment, $2.3M to Corporate; headcount not broken out by segment. Company expects completion during 2000.
2000-07-01restructuringin_progress1,5001999-03-012000-12-31GlobalManufacturing and DistributionUSD 65 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced Q1 1999. Includes ~1,500 positions eliminated (principally manufacturing). As of Q2 2000, ~1,160 employees had left. Program expected to complete in 2000.
2000-04-01restructuringin_progress1,5002000-12-31United States and internationalBoth operating segments (Pressure-sensitive Adhesives and Materials; Consumer and Converted Products) and CorporateUSD 65 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced in Q1 1999 (exact date not disclosed); charge comprises $35.1M severance and $29.9M asset write-downs. Approximately 1,030 of the 1,500 positions eliminated had left the Company by quarter-end; $14.2M liability remained. Six plant closures initiated, five completed; program expected to complete during 2000.
2000-04-01acquisition_additioncompleted2000-03-31Europe (Italy)Pressure-sensitive Adhesives and Materials (Fasson roll materials)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of the Adespan pressure-sensitive materials operation of Panini S.p.A. closed March 31, 2000; Adespan had approximately $75 million of 1999 sales. Headcount added not disclosed.
2000-04-01restructuringin_progress1,5001999-01-012000-12-31GlobalManufacturing and DistributionUSD 65 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Program announced in Q1 1999. As of April 1, 2000, approx. 1,030 employees had left. Six plant closures initiated, five completed. Total pretax charge was $65 million ($35.1M severance, $29.9M asset write-downs).
2000-01-01restructuringin_progress1,50019992000Worldwide (completed closures in the U.S. and Europe; program spans U.S. and international operations)Both operating segments, principally manufacturing, plus corporateUSD 65 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Cost-structure realignment announced in Q1 fiscal 1999 to consolidate manufacturing and distribution capacity. $65M pretax charge comprises $35.1M severance and related costs for approximately 1,500 positions (principally manufacturing) and $29.9M asset write-downs. Charge allocated $25.1M to Pressure-sensitive Adhesives and Materials ($15.4M US, $9.7M international), $37.6M to Consumer and Converted Products ($24.3M US, $13.3M international), and $2.3M to corporate. Eight facility closures planned; five completed by year-end (Nykobing, Denmark; Roye, France; Rochelle, Illinois; Rancho Cucamonga, California; Haan, Germany), with approximately 950 employees departed. At year-end, $22.8M of severance paid and $23.2M of write-downs utilized, leaving $19.0M accrual balance ($12.3M severance, $6.7M asset write-downs). Realized ~$20M net pretax savings in 1999; expects $38-40M in 2000 and ~$58-62M cumulative annual savings when fully implemented. Completion expected in fiscal 2000. Headcount impact disclosed only on a consolidated basis, so one consolidated record is emitted to avoid double-counting.
2000-01-01restructuringin_progress1,5001999-01-012000-12-31United States and InternationalBoth segments and CorporateUSD 65 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Announced Q1 1999; approximately 950 of 1,500 positions eliminated by year-end 1999; five plant closures completed (Nykobing Denmark, Roye France, Rochelle Illinois, Rancho Cucamonga California, Haan Germany); program expected to complete in 2000; charge includes $35.1M severance and $29.9M asset write-downs
2000-01-01plant_closurecompleted1999-01-012000-01-01Denmark, France, United States, GermanyManufacturing and distributionItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Five of eight planned facility closures completed by year-end: Nykobing Denmark, Roye France, Rochelle Illinois, Rancho Cucamonga California, Haan Germany; part of the broader $65M restructuring program
2000-01-01acquisition_additioncompleted1999-07-011999-09-30United StatesPressure-sensitive Adhesives and MaterialsUSD 150 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Stimsonite Corporation acquired Q3 1999 for approximately $150M including $20M debt assumption; headcount added not disclosed
2000-01-01acquisition_additioncompleted1999-01-011999-03-31Germany and EuropeConsumer and Converted Productsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Zweckform Buro-Produkte GmbH venture completed Q1 1999 combining European office products businesses; headcount added not disclosed
2000-01-01restructuringin_progress1,5001999-01-032000-12-31GlobalManufacturing and DistributionUSD 65 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Announced in Q1 1999. Includes closure of 8 facilities and elimination of ~1,500 positions. As of Jan 1, 2000, 5 closures completed and ~950 employees left. Charge includes $35.1M severance and $29.9M asset write-downs.
2000-01-01restructuringin_progress1,5001999-03-312000-12-31WorldwideManufacturing and DistributionUSD 65 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Announced in Q1 1999. Program involves closing eight facilities and eliminating approx. 1,500 positions. As of Jan 1, 2000, 950 employees had left. Total charge $65M ($35.1M severance, $29.9M asset write-downs). Company expects to complete program in 2000.
1999-10-02restructuringin_progress1,5001999-03-312000-12-31GlobalPressure-sensitive Adhesives and Materials; Consumer and Converted ProductsUSD 65 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program announced in Q1 1999 to close 8 manufacturing/distribution facilities and eliminate ~1,500 positions. By quarter-end, 5 plant closures had commenced and ~750 employees had departed. Charge comprises $35.1M severance and $29.9M asset write-downs; $42.4M balance remaining.
1999-10-02acquisition_additioncompleted1999-07-091999-07-09United StatesPressure-sensitive Adhesives and Materialsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Stimsonite Corporation (Niles, Illinois), reflective safety products manufacturer, for ~$150M including ~$20M debt assumption. Headcount added not disclosed.
1999-10-02acquisition_additioncompleted1999-01-121999-01-12EuropeConsumer and Converted Productsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Venture with Steinbeis Holding GmbH combining European office products businesses with Zweckform Buro-Produkte GmbH. Headcount added not disclosed.
1999-10-02restructuringin_progress1,5001999-01-032000-12-31GlobalManufacturing and DistributionUSD 65 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced in Q1 1999. Includes closure of 8 facilities and elimination of approx. 1,500 positions. As of Q3 end, 5 plant closures commenced and approx. 750 employees had left. Expected completion in year 2000.
1999-07-03restructuringin_progress1,50019992000Both operating segments (Pressure-sensitive Adhesives and Materials; Consumer and Converted Products) and CorporateUSD 65 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced in Q1 1999 (exact date not disclosed); covers closure of eight manufacturing/distribution facilities and other exit initiatives. By quarter-end five closures had commenced and about 500 employees had left. Charge comprises $35.1M severance and $29.9M asset write-downs; $47.9M accrual remained. Charge allocated $25.1M PSAM, $37.6M CCP, $2.3M Corporate. Expected pretax savings: $17-18M in 1999, $38-40M in 2000, $58-62M annualized when fully implemented.
1999-07-03acquisition_additioncompleted1999-07-09Niles, Illinois, United StatesReflective safety products for transportation and highway safety marketsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Stimsonite Corporation acquired after quarter-end for approximately $150M including assumption of about $20M debt, primarily debt-funded; 1998 sales of $87M. Employee headcount added not disclosed.
1999-07-03restructuringin_progress1,5001999-03-312000-12-31GlobalManufacturing and DistributionUSD 65 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced in Q1 1999. Includes closure of 8 facilities and elimination of approx. 1,500 positions. As of Q2 end, 500 employees had left and 5 plant closures commenced. Total charge includes $35.1M severance and $29.9M asset write-downs.
1999-04-03restructuringin_progress1,5001999-01-262000-12-31GlobalPressure-sensitive Adhesives and MaterialsUSD 25 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program-wide elimination of approximately 1,500 positions across both segments; segment-level employee counts not disclosed. Charge of $25.1M allocated to this segment ($15.4M U.S., $9.7M international). Approximately 300 employees had left the Company by quarter end across the whole program.
1999-04-03restructuringin_progress1,5001999-01-262000-12-31GlobalConsumer and Converted ProductsUSD 38 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Same consolidated program; segment-level employee counts not disclosed. Charge of $37.6M allocated to this segment ($24.3M U.S., $13.3M international). Program-wide total of approximately 1,500 positions and $65M charge.
1999-04-03plant_closurein_progress1999-01-262000-12-31GlobalBoth operating segmentsUSD 65 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Consolidation of manufacturing and distribution capacity involving closure of eight facilities; four plant closures had commenced by quarter end. Severance component $35.1M; asset write-downs $29.9M. $6.0M of the accrual had been utilized at quarter end ($59.0M remaining).
1999-04-03restructuringin_progress1,5001999-04-032000-12-31GlobalManufacturing and DistributionUSD 65 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Includes closure of eight facilities and elimination of approx. 1,500 positions. $35.1M severance, $29.9M asset write-downs. Approx. 300 employees left by quarter-end.
1999-01-02restructuringannounced1,5009%1999-01-262000Global — eight manufacturing facilities; three named: Rochelle, Illinois; Rancho Cucamonga, California; Haan, GermanyConsumer and Converted Products and Pressure-Sensitive Adhesives and Materials sectorsUSD 60 (millions)subsequent_events
f5-10k / GLM-5.3-flash-HTML
Major cost-structure realignment announced after fiscal year-end (also disclosed in Item 1 and MD&A). One-time pretax charge estimated at $60-$65 million ($0.40-$0.42 per diluted share after tax); about two-thirds severance, remainder asset write-offs and other one-time costs. After-tax cash outlay of $20-$25 million expected in 1999, funded from operating cash flow. Completion planned in year 2000 with a significant portion in the next four quarters; 1999 pretax savings of $15-$18 million expected, rising to $58-$62 million annually when fully implemented. Program also consolidates some office-products manufacturing into a new Northern Mexico facility, adding some positions in 2000. Headcount and percentage are approximate as stated; low end of disclosed charge range used.
1999-01-02restructuringannounced1,5009%1999-01-262000-12-31Global (US, Germany, and others)Consumer and Converted Products; Pressure-sensitive Adhesives and MaterialsUSD 63 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Charge range $60–65M pretax announced for Q1 1999; midpoint shown. Eight manufacturing facilities to close (three named: Rochelle IL, Rancho Cucamonga CA, Haan Germany). Approximately two-thirds of charge is severance. After-tax cash requirement $20–25M in 1999. Program to be completed in year 2000.
1999-01-02acquisition_additioncompleted1998-10-011998-12-31United States (Holt, Michigan)Consumer and Converted Products — specialty converting / graphicsMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Spartan International, Inc. acquired in Q4 1998; privately held specialty converting company. Headcount not disclosed.
1999-01-02acquisition_additioncompleted1999-01-121999-01-12Germany / EuropeOffice products (Consumer and Converted Products)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Joint venture with Steinbeis Holding GmbH combining European office products with Zweckform Buro-Produkte GmbH (1997 sales ~$120M). Company holds substantial majority position. Headcount not disclosed.
1999-01-02acquisition_additioncompleted1999-02-011999-02-28United StatesGraphics / digital printing distributionItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired certain assets and graphic film business of Universal Products, Inc. in February 1999. Headcount not disclosed.
1999-01-02restructuringannounced1,5009%1999-01-262000-12-31WorldwidePressure-Sensitive Adhesives and Materials; Consumer and Converted ProductsUSD 63 (millions)subsequent_events
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Announced Jan 26, 1999. Includes closure of 8 manufacturing facilities. Pretax charge estimated at $60M-$65M (midpoint $62.5M). Approximately 1,500 positions eliminated, representing 9% of total workforce. Program expected to be completed in 2000.
1999-01-02restructuringannounced1,5009%1999-01-262000-12-31WorldwideConsumer and Converted Products; Pressure-Sensitive Adhesives and MaterialsUSD 63 (millions)subsequent_events
f5-10k / Qwen3.6-27B-Q8_0
Announced Jan 26, 1999. Closure of 8 facilities. Charge estimated $60-65 million pretax. Completion planned in year 2000.
1999-01-02restructuringcompleted2001996-09-301997-09-30WorldwideConsumer and Converted Products; Pressure-Sensitive Adhesives and MaterialsUSD 16 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
1996 restructuring program completed in Q3 1997. Included severance for approx 200 positions.
1998-09-26acquisition_additioncompleted1998-10-061998-10-06United States (Holt, Michigan)Pressure-sensitive products — commercial graphics, sign making, vehicle marking, automotivesubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Spartan International, Inc., a privately held specialty converting operation; no headcount disclosed.
1998-09-26acquisition_additionannounced1998-10-261999-03-31Germany / EuropeOffice products (European office products businesses combined with Zweckform)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement with Steinbeis Holding GmbH to combine Avery Dennison's European office products businesses with Zweckform Buro-Produckte GmbH; expected close Q1 1999 pending regulatory approvals and due diligence; no headcount disclosed.
1997-12-27restructuringcompleted2001996-091997-09WorldwideReorganization of manufacturing, distribution and administrative sites across both business sectorsUSD 7 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Program initiated in fiscal Q3 1996 and completed during fiscal Q3 1997; the 200 positions are the program-total severance count (stated as approximately 200). Total 1996 restructuring charges were $15.8 million, including a $6.3 million asset impairment in the Consumer and Converted Products sector and $2.1 million of product-line write-offs; charges allocated $7.1 million to Pressure-Sensitive Adhesives and Materials and $8.7 million to Consumer and Converted Products (Note 10). Related Q3 1996 sale of the Company's equity interest in a Japanese label operation ($28.4 million proceeds, $17.9 million pretax gain) occurred in fiscal 1996; no headcount disclosed. Estimated annual savings of $9-11 million.
1997-12-27restructuringcompleted4001995-121997-12-27WorldwideFour plant closures plus reorganization of manufacturing, distribution and administrative sites across both business sectorsUSD 16 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Program initiated in fiscal Q4 1995 and completed at fiscal year-end 1997 (December 27, 1997); the 400 positions are the program-total severance count (stated as approximately 400). Total 1995 restructuring charges were $39.2 million, including $13.1 million of product-line write-offs and $9.9 million of plant closure and other costs; charges allocated $15.1 million to Pressure-Sensitive Adhesives and Materials and $24.1 million to Consumer and Converted Products (Note 10). Charges were offset by a $40.7 million pretax gain on the fiscal 1995 sale of a portion of North American label converting operations for $95 million; no headcount disclosed for that divestiture. Estimated annual savings of $14-17 million.
1997-12-27restructuringcompleted2001996-07-011997-09-30WorldwideMultipleUSD 7 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Multi-year program; severance charge recorded in FY1996, actions completed during Q3 1997. Program expected annual savings of $9–11 million.
1997-12-27restructuringcompleted4001995-10-011997-12-27WorldwideMultipleUSD 16 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Multi-year program; severance charge recorded in FY1995, program completed at year-end 1997. Included closure of four plants. Expected annual savings of $14–17 million.
1997-12-27restructuringcompleted2001996-07-011997-09-30WorldwideManufacturing, distribution and administrative sitesUSD 16 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
1996 restructuring program completed in Q3 1997. Includes severance for ~200 positions ($7.4M), product line discontinuance ($2.1M), and asset impairment ($6.3M).
1997-12-27restructuringcompleted4001995-10-011997-12-31WorldwideManufacturing, distribution and administrative sitesUSD 39 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
1995 restructuring program completed at year-end 1997. Includes severance for ~400 positions ($16.2M), product line discontinuance ($13.1M), and plant closure costs ($9.9M).
1997-12-27restructuringcompleted2001996-07-011997-09-30WorldwideConsumer and Converted Products; Pressure-Sensitive Adhesives and MaterialsUSD 16 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
1996 restructuring program completed in Q3 1997. Included severance for approx. 200 positions ($7.4M) and asset write-offs. Expected annual savings $9M-$11M.
1997-12-27restructuringcompleted4001995-10-011997-12-27WorldwideConsumer and Converted Products; Pressure-Sensitive Adhesives and MaterialsUSD 39 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
1995 restructuring program completed at year-end 1997. Included severance for approx. 400 positions ($16.2M), plant closures, and asset write-offs. Expected annual savings $14M-$17M.
1997-09-27restructuringcompleted2001996-07-011997-09-27WorldwideManufacturing, distribution and administrative sitesUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring program initiated in Q3 1996 completed in Q3 1997. Severance costs for approx 200 positions.
1996-12-28restructuringin_progress20019961997WorldwideReorganization of certain manufacturing, distribution and administrative sites (charges allocated $7.1M to Pressure-sensitive adhesives and materials, $8.7M to Consumer and converted products)USD 7 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Third-quarter 1996 actions. Severance and related costs covered approximately 200 positions worldwide. Total 1996 restructuring charges of $15.8 million also included a $6.3 million asset impairment in Consumer and converted products and $2.1 million product-line discontinuance/asset write-offs. At year end 1996, $5.5 million of the $7.4 million estimated cash cost had been paid and $1.9 million in severance remained accrued; estimated annual savings of $9–11 million when fully implemented. Employees affected presented consolidated (not split by sector), so one record emitted. The separate 1995 restructuring program (approximately 400 positions) is prior-year activity and excluded.
1996-12-28divestiture_reductioncompleted1996JapanLabel operation (equity interest sold)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Company sold its equity interest in a Japanese label operation in the third quarter of 1996 for $28.4 million, recording a pretax gain of $17.9 million as part of the restructuring actions. No employee headcount was disclosed in connection with this divestiture, and associated charge fields left null since the transaction produced a gain rather than a charge.
1996-12-28restructuringin_progress2001996-09-301997-12-31WorldwideConsumer and converted products; Pressure-sensitive adhesives and materialsUSD 16 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY1996 program: $7.4M severance for ~200 positions, $6.3M asset impairment (Consumer and converted products), $2.1M product line discontinuance. Expected annual savings $9–11M. Charges allocated $7.1M to Pressure-sensitive sector and $8.7M to Consumer sector.
1996-12-28restructuringin_progress4001995-12-301997-12-31WorldwideMultiple sectorsUSD 39 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program announced Q4 FY1995; positions eliminated in FY1995. Continued into FY1996 with $9M cash expenditures and $1.4M non-cash charges; $14.1M remained accrued at FY1996 year-end. Included closure of four plants. Expected annual savings $14–17M. Charge is cumulative program total from FY1995.
1996-12-28restructuringin_progress2001996-09-301997-12-31WorldwideManufacturing, distribution and administrative sitesUSD 16 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Third quarter 1996 restructuring actions. Includes severance for approx. 200 positions ($7.4M), product line discontinuance ($2.1M), and asset impairment ($6.3M). Expected to be completed during 1997.
1996-12-28restructuringin_progress2001996-09-301997-12-31WorldwideConsumer and converted products; Pressure-sensitive adhesives and materialsUSD 16 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Third quarter 1996 restructuring actions. Includes severance for approx. 200 positions ($7.4M), asset write-offs ($2.1M), and impairment ($6.3M). Expected annual savings $9M-$11M.
1996-12-28restructuringin_progress4001995-12-311997-12-31WorldwideConsumer and converted products; Pressure-sensitive adhesives and materialsUSD 39 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Fourth quarter 1995 restructuring actions. Includes severance for approx. 400 positions ($16.2M), asset write-offs ($13.1M), and plant closure costs ($9.9M). Expected annual savings $14M-$17M. Program expected to be completed during 1997.
1996-09-28restructuringin_progress200WorldwideManufacturing, distribution and administrative sitesUSD 7 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance and related costs for approximately 200 positions worldwide; total cash expenditures for the program estimated at $7.4 million, of which approximately $6.3 million was paid during the third quarter of 1996. Program expected to take six to twelve months to complete, with estimated annual savings of $9 million to $11 million when fully implemented. Announcement date not stated; action taken during the quarter ended 1996-09-28.
1996-09-28divestiture_reductioncompletedJapanLabel converting joint venture (pressure-sensitive materials / converted products)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of the Company's joint venture converting operation in Japan for $28.4 million, resulting in a pretax gain of $17.9 million. No employee count associated with the divestiture is disclosed.
1996-09-28restructuringin_progress2001996-09-28WorldwideManufacturing, distribution and administrativeUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance and related costs for approximately 200 positions. Program expected to take six to twelve months to complete.
1996-09-28divestiture_reductioncompleted1996-09-28JapanConverted productsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sold joint venture converting operation in Japan for $28.4 million, resulting in a pretax gain of $17.9 million. Employee count not disclosed.
1996-03-30restructuringin_progressUnited StatesOffice ProductsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
MD&A cites cost reduction programs that consolidated U.S. distribution warehouses and sales forces; no employee counts, dates, or charges disclosed.
1995-12-30divestiture_reductioncompleted1995-12North AmericaConverted Products (non-strategic North American label converting operations)USD 41 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Pretax gain on sale of $40.7 million; businesses sold for $95 million in December 1995. Divested operations represented approximately 2 percent of total company sales (about $63 million, roughly 10 percent of converted products sector sales). Employee headcount transferred was not disclosed. Proceeds earmarked for capital spending, debt repayment, share repurchase and profit improvement programs.
1995-12-30restructuringin_progress4001995-12WorldwideAll three sectors (charges allocated: $15.1M Pressure-Sensitive Adhesives and Materials; $15.6M Office Products; $8.5M Converted Products)USD 39 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Actions taken during Q4 fiscal 1995; program includes closure of four plants and reorganization of certain manufacturing, distribution and administrative sites (including U.S. warehouse and sales force consolidations). Costs comprise severance and related costs of $16.2 million for approximately 400 positions worldwide, product line discontinuance and asset write-offs of $13.1 million, and plant closure and other costs of $9.9 million. As of year-end 1995, $24.5 million remained accrued and about $1.5 million had been paid. Program expected to take approximately 9 to 18 months to complete, with estimated annual savings of $14 to $17 million when fully implemented.
1995-12-30restructuringin_progress4001995-12-301997-06-30WorldwideMultiple sectorsUSD 39 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program includes closure of four plants and reorganization of manufacturing, distribution and administrative sites; estimated annual savings of $14–17M when fully implemented; expected to take 9–18 months to complete; charge components: severance $16.2M, product line discontinuance/asset write-offs $13.1M, plant closure and other $9.9M; $24.5M remained accrued at year end
1995-12-30divestiture_reductioncompleted1995-12-301995-12-30North AmericaConverted Products — label convertingUSD 41 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of non-strategic North American label converting businesses for $95M; businesses accounted for approximately 2% of total sales; $40.7M pretax gain recorded; headcount not disclosed
1995-12-30plant_closurein_progress1995-12-301997-06-30WorldwideMultiple sectorsrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Closure of four plants as part of the 1995 restructuring program; specific locations not disclosed; severance and plant closure costs included in the $39.2M restructuring charge
1995-12-30restructuringin_progress4001995-12-301997-06-30WorldwideManufacturing, Distribution, AdministrativeUSD 39 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Includes severance for approx. 400 positions ($16.2M), asset write-offs ($13.1M), and plant closure costs ($9.9M). Programs expected to take 9-18 months.
1995-12-30plant_closurein_progress1995-12-301997-06-30WorldwideManufacturingMD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Closure of four plants included in the restructuring program. Specific headcount for closures not isolated from total restructuring count.
1995-12-30divestiture_reductioncompleted1995-12-301995-12-30North AmericaConverted ProductsMD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Sale of non-strategic North American label converting businesses. Headcount not explicitly disclosed.
1995-12-30restructuringin_progress4001995-12-30WorldwideManufacturing, distribution and administrativeUSD 39 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Program includes closure of four plants and reorganization of sites. Severance costs for approx 400 positions were $16.2 million. Total program expected to take 9 to 18 months.
1995-09-30divestiture_reductionannounced1995-11-071995-12-31North AmericaConverted Products sector — label converting operationsUSD 95 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to sell a portion of North American label converting operations to CCL Industries Inc. for approximately $95 million; no employee count disclosed. Businesses represent about 2% of total company sales (about 10% of sector sales). Closing anticipated before year-end, subject to Hart-Scott-Rodino clearance.