What does restructuring charges mean?

One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.

Scotts Miracle-Gro SMG Restructuring Charges

Discontinued — last reported Q4 '16

Restructuring Charges at other companies

Impinj, Inc.PI

$0—

Group 1 AutomotiveGPI

$1M-91.0%

Madison Square Garden EntertainmentMSGE

$8.62M+10,165%

Sonoco ProductsSON

$15.13M+11.4%

Lear CorporationLEA

$37.1M-50.4%

ESABESAB

$10.16M+126%

Segments

By segment

See full

Other non-reportable operating segment$1.1M—

Other financials

Income statement

See full

Revenue$1.5B+5.0%

Gross profit$610.5M+11.5%

Operating income$401.8M+14.9%

Net income$238.6M+9.7%

EPS (diluted)$4.04+8.6%

Balance sheet

See full

Cash & equivalents$6.2M-28.7%

Total debt$2.7B-5.5%

Total equity-$286.5M+1.2%

Total assets$3.4B-3.5%

Cash flow

See full

Operating cash flow-$370.4M+16.8%

CapEx$18.6M+124%

Free cash flow-$390.4M+17.7%

Valuation

See full

Market cap$3.69B+11.9%

Profitability

See full

Gross margin32.7%+3.4pp

Operating margin0.3%-0.2pp

Net margin1.6%+0.9pp

FCF margin10.8%-3.2pp

Returns & leverage

See full

Return on equity-47.6%+104pp

Debt / equity25.2×+16.1×

Current ratio1.3×-0.4×

Where this comes from

Reported directly by Scotts Miracle-Gro in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The official record: Scotts Miracle-Gro’s 10-K, filed November 28, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does restructuring charges mean?: One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.