Rendering
| Component: (Network and Table) |
|---|
| Network | 2305301 - Disclosure - Reorganization and Restructuring Costs (Tables) (http://www.moneygram.com/role/ReorganizationAndRestructuringCostsTables) |
| Table | (Implied) |
Slicers (applies to each fact value in each table cell)
| Reporting Entity [Axis] | 0001273931 (http://www.sec.gov/CIK) |
| Restructuring and Related Activities [Abstract] | Period [Axis] |
|---|
2016-01-01 - 2016-12-31 |
|---|
Restructuring and Related Activities [Abstract] | |
Roll-forward of restructuring costs accrual | The following table is a roll-forward of the restructuring costs accrual as of December 31, 2016: | | | | | | | | | | | | | | | | | | 2014 Global Transformation Program | | Other Restructuring | | | (Amounts in millions) | Severance, Outplacement and Related Benefits | | Other (1) | | Severance, Outplacement and Related Benefits | | Total | Balance, December 31, 2015 | $ | 3.8 |
| | $ | — |
| | $ | 0.2 |
| | $ | 4.0 |
| Expenses | 0.2 |
| | 0.1 |
| | — |
| | 0.3 |
| Cash payments | (4.0 | ) | | (0.1 | ) | | (0.2 | ) | | (4.3 | ) | Balance, December 31, 2016 | $ | — |
| | $ | — |
| | $ | — |
| | $ | — |
|
(1) Other primarily relates to expenses for facilities relocation and professional fees. Such costs are expensed as incurred. |
Cumulative restructuring costs incurred to date in operating expenses | The following table is a summary of the cumulative restructuring costs incurred to date in operating expenses as of December 31, 2016: | | | | | | | | | | | | | | | | | | 2014 Global Transformation Program | | Other Restructuring | | | (Amounts in millions) | Severance, Outplacement and Related Benefits | | Other (1) | | Severance, Outplacement and Related Benefits | | Total | Restructuring costs | | | | | | | | Cumulative restructuring costs incurred to date in operating expenses | $ | 17.9 |
| | $ | 3.1 |
| | $ | 0.6 |
| | $ | 21.6 |
|
(1) Other primarily relates to expenses for facilities relocation and professional fees. Such costs are expensed as incurred. |
Reorganization and restructuring costs recorded in operating expenses | The following table summarizes the reorganization and restructuring costs recorded for the years ended December 31: | | | | | | | | | | | | | (Amounts in millions) | 2016 | | 2015 | | 2014 | Restructuring costs in operating expenses: | | | | | | Compensation and benefits | $ | 0.2 |
| | $ | 3.7 |
| | $ | 14.4 |
| Transaction and operations support | 0.1 |
| | 1.3 |
| | 1.9 |
| Total restructuring costs in operating expenses | 0.3 |
| | 5.0 |
| | 16.3 |
| Reorganization costs in operating expenses: | | | | | | Compensation and benefits | — |
| | 6.8 |
| | 5.0 |
| Transaction and operations support | 0.1 |
| | 6.7 |
| | 8.4 |
| Occupancy, equipment and supplies | 0.1 |
| | 1.5 |
| | 0.8 |
| Total reorganization costs in operating expenses | 0.2 |
| | 15.0 |
| | 14.2 |
| Total reorganization and restructuring costs | $ | 0.5 |
| | $ | 20.0 |
| | $ | 30.5 |
|
|
Restructuring costs by segment | The following table is a summary of the total cumulative restructuring costs incurred to date in operating expenses by reportable segment as of December 31, 2016: | | | | | | | | | | | | | | | | | (Amounts in millions) | Global Funds Transfer | | Financial Paper Products | | Other | | Total | 2014 Global Transformation Program | | | | | | | | Balance, December 31, 2015 | $ | 17.8 |
| | $ | 2.2 |
| | $ | 0.7 |
| | $ | 20.7 |
| First quarter 2016 | 0.3 |
| | — |
| | — |
| | 0.3 |
| Total cumulative restructuring costs incurred to date in operating expenses | 18.1 |
| | 2.2 |
| | 0.7 |
| | 21.0 |
| Other Restructuring | | | | | | | | Total cumulative restructuring costs incurred to date in operating expenses | 0.6 |
| | — |
| | — |
| | 0.6 |
| | | | | | | | | Total restructuring costs incurred | $ | 18.7 |
| | $ | 2.2 |
| | $ | 0.7 |
| | $ | 21.6 |
|
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