Restructuring and Other Expense

The components of our restructuring and other expense included in the Condensed Consolidated Statements of Operations were as follows:



	Three Months Ended
	March 31,
(In millions)	2012			2011
Restructuring
Severance and related	$	0.4		$	0.6
Lease termination costs	—			0.2
Other	0.9			0.1
Gain on sale of fixed assets held for sale	(0.7		)	—
Total restructuring	$	0.6		$	0.9
Other
Demolition and site clean-up costs	0.3			—
Acquisition and integration related costs	0.4			—
Total	$	1.3		$	0.9

2011 Manufacturing Redesign Restructuring Program

On January 13, 2011 the Board of Directors approved the 2011 manufacturing redesign restructuring program of up to $55 million to rationalize certain product lines and discontinue tape coating operations at our Weatherford, Oklahoma facility by April 2011 and subsequently close the facility. We signed a strategic agreement with TDK Corporation to jointly develop and manufacture magnetic tape technologies. Under the agreement, we are collaborating on the research and development of future tape formats in both companies' research centers in the United States and Japan and we consolidated tape coating operations to the TDK Yamanashi manufacturing facility. This program originally included a total estimated cost of approximately $50 million in restructuring and other charges, consisting of severance and related costs of approximately $3 million, asset impairments of approximately $31 million primarily related to the Weatherford facility, inventory write-offs of approximately $14 million and other charges of approximately $2 million. This program is substantially complete.

During the three months ended March 31, 2012 we recorded a gain on the sale of assets from the Weatherford facility of $0.7 million and $0.6 million of other charges. These costs were included in restructuring and other on our Condensed Consolidated Statements of Operations. Since the inception of this program, we have recorded a total of $21.7 million of inventory write-offs, $31.2 million of asset impairment charges, $0.7 million of gain on the sale of assets, $3.2 million of severance and related expenses, $0.3 million for lease termination and modification costs, $0.9 million of site clean-up costs and $0.6 million of other charges. Inventory write-offs are included in cost of goods sold in our Condensed Consolidated Statements of Operations.

Changes in the 2011 manufacturing redesign restructuring program accruals were as follows:



(In millions)	Severance and Related		Other			Total
Accrued balance at December 31, 2011	$	0.2	$	—		$	0.2
Charges	—		(0.1		)	(0.1		)
Usage	—		0.1			0.1
Accrued balance at March 31, 2012	$	0.2	$	—		$	0.2

2011 Corporate Strategy Restructuring Program

On January 31, 2011 the Board of Directors approved the 2011 corporate strategy restructuring program to rationalize certain product lines, increase efficiency and gain greater focus in support of our go-forward strategy. Major components of the program include charges associated with certain benefit plans, improvements to our global sourcing and distribution network, costs associated with further rationalization of our product lines and evolution of our skill sets to align with our announced strategy. This program originally included total estimated costs of approximately $35 million in restructuring and other charges, consisting of severance and related expenses of approximately $14 million, charges associated with certain benefit plans of approximately $11 million, lease termination expenses of approximately $5 million and other charges of approximately $5 million.

During the three months ended March 31, 2012 we recorded a restructuring charge of $0.7 million as part of this program, which included $0.4 million for severance and related expenses and $0.3 million of other costs. These costs were included in restructuring and other on our Condensed Consolidated Statements of Operations. Since the inception of this program, we have recorded a total of $10.8 million of severance and related expenses, $3.0 million of lease termination and modification costs, $1.6 million of inventory write-offs, $0.3 million related to a pension curtailment charge and $0.5 million of other charges. Inventory write-offs are included in cost of goods sold in our Condensed Consolidated Statements of Operations.

Changes in the 2011 corporate strategy restructuring program accruals were as follows:



(In millions)	Severance and Related			Lease Termination Costs		Other			Total
Accrued balance at December 31, 2011	$	4.6		$	0.6	$	—		$	5.2
Charges	0.4			—		0.3			0.7
Usage	(1.8		)	—		(0.3		)	(2.1		)
Currency impacts	0.1			—		—			0.1
Accrued balance at March 31, 2012	$	3.3		$	0.6	$	—		$	3.9

Other

We recorded acquisition and integration related costs as a result of our acquisition activities of $0.4 million during the three months ended March 31, 2012