Now I am working on a big DD post for ASNA board etc, but, I will toss a crumb every so often for all the birds about just to give one a little bit more pep in their step today.
Almost a penny a share loss was in severance costs because of a reduction in staff so at the end of the day pretty much probably paid everyone for the Q but going forward that turns into a savings, so think of that going forward. These are the cost savings Muto et al keep mentioning they are doing, didn't see it this time because of the severance but its gone now, there isn't even a thought of them now, their coffee cup by the Keuirg has been tossed in the bin. I remember seeing more in the last filing will point out as I come across them, we good people, good good going forward.
On June 4, 2019, in connection with the cost savings target announced during the third quarter of Fiscal 2019, the Company announced a reduction in headcount of approximately 180 employees. This action resulted in severance charges of approximately $10-$15 million which will be recorded during the fourth quarter of Fiscal 2019.