During 2002, the Company recorded a pretax charge of 
approximately $5.4 million due to the shutdown of an office furniture 
facility in Jackson, Tennessee. A total of 125 members were terminated 
and received severance due to this shutdown. During the second quar-
ter of 2003, a restructuring credit of approximately $0.6 million was 
taken back into income relating to this charge. This was due to the fact 
that the Company was able to exit a lease with the lessor at more favor-
able terms than previously estimated.
During the second quarter of 2001, the Company recorded a 
pretax charge of $24.0 million or $0.26 per diluted share for a restruc-
turing plan that involved consolidating physical facilities, discontinuing 
low-volume product lines, and reductions of workforce. Included in the 
charge was the closedown of three of its office furniture facilities located 
in Williamsport, Pennsylvania; Tupelo, Mississippi; and Santa Ana, 
California. Approximately 500 members were terminated and received 
severance due to the closedown of these facilities. During the second 
quarter of 2002, a restructuring credit of approximately $2.4 million 
was taken back into income relating to this charge. This was mainly due 
to the fact that the Company was able to exit a lease with a lessor at 
more favorable terms than originally estimated and the Company’s 
ability to minimize the number of members terminated as compared to 
the original plan.
The following table details the change in restructuring 
reserve for the last three years: