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Restructuring, Restatement Related Costs and Other (Tables)

9 Months Ended

Sep. 28, 2012

Summary of Restructuring, Restatement Related Costs and Other Expense

The following table summarizes restructuring, restatement related costs and other expenses in the accompanying consolidated statements of operations (in thousands):


	Three Months Ended				Nine Months Ended
	September 28, 2012		September 30, 2011		September 28, 2012		September 30, 2011
2011 restructuring	$	974	$	—	$	5,626	$	—
2012 restructuring		1,711		—		1,711		—
Germany restructuring		43		14		59		74

Restructuring charges		2,728		14		7,396		74
Restatement related costs and other charges		—		—		—		62

Total restructuring, restatement related costs and other	$	2,728	$	14	$	7,396	$	136

Expected, Actual and Remaining Number of Facilities to be Eliminated

The following represents the expected, actual and remaining number of facilities (including facilities of discontinued operations) to be eliminated as part of the 2011 restructuring plan:

Expected

Actual

Remaining

September 28,
2012

Total facilities – 2011 restructuring

Expected and Actual Cash Charges and Non-Cash Charges

Expected and actual cash charges, including severance and relocation costs, facility closure costs and consulting costs and non-cash charges related to accelerated depreciation for changes in estimated useful lives of certain long-lived assets for which the Company intends to exit were as follows (in thousands):


	Three Months Ended		Nine Months Ended		Cumulative Costs for Plan		Expected Cumulative Costs
	September 28, 2012		September 28, 2012		September 28, 2012		September 28, 2012

Cash charges	$	974	$	3,735	$	4,797	$	5,500
Non-cash charges		—		1,891		2,796		3,000

Total restructuring costs	$	974	$	5,626	$	7,593	$	8,500

Summary of Restructuring Costs for each Segment and Unallocated Corporate Costs Related to 2011 Restructuring Plan

The following summarizes restructuring costs for each segment and unallocated corporate costs related to the 2011 restructuring plan (in thousands):


	Three Months Ended		Nine Months Ended		Cumulative Costs for Plan
	September 28, 2012		September 28, 2012		September 28, 2012

Laser Products	$	371	$	4,335	$	5,978
Precision Motion and Technologies		452		652		864
Unallocated Restructuring Costs⁽¹⁾		151		639		751

Total restructuring costs	$	974	$	5,626	$	7,593

(1)	Represents consulting and severance restructuring costs related to corporate and shared service functions.

Summary of Total Restructuring Costs for each Segment

The following summarizes the total costs associated with the 2012 restructuring program for each segment for the three and nine months ended September 28, 2012 (in thousands):


	Three and Nine Months Ended
	September 28, 2012

Laser Products	$	501
Precision Motion and Technologies		885
Unallocated Restructuring Costs		325

Total restructuring costs	$	1,711

Summary of Restructuring Costs for Precision Motion and Technologies Segment Related to Germany Restructuring

The following summarizes restructuring costs for the Precision Motion and Technologies segment related to the Germany restructuring (in thousands):


	Three Months Ended		Nine Months Ended		Cumulative Costs for Plan
	September 28, 2012		September 28, 2012		September 28, 2012

Precision Motion and Technologies	$	43	$	59	$	4,750

Summary of Accrual Activities by Components Related to Company's Restructuring Charges

The following table summarizes the accrual activities, by component, related to the Company’s restructuring charges recorded in the accompanying consolidated balance sheets (in thousands):


	Total			Severance			Facility			Accelerated Depreciation			Other
Balance at December 31, 2011	$	1,561		$	470		$	1,062		$	—		$	29
Restructuring charges		7,396			3,396			432			1,891			1,677
Cash payments		(4,153	)		(2,128	)		(840	)		—			(1,185	)
Non-cash write-offs or other adjustments		(2,110	)		(45	)		(175	)		(1,891	)		1

Balance at September 28, 2012	$	2,694		$	1,693		$	479		$	—		$	522

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

+ References+ Details

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References+ Details