4. Restructuring

The Company implemented several restructuring initiatives in prior years in connection with the closure of facilities in North America, Europe and Asia. The Company commenced these initiatives prior to December 31, 2007 and continued to execute the closures through June 30, 2011. The majority of the costs associated with the closures were incurred shortly after the original implementation. However, the Company continues to incur costs related principally to the liquidation of the respective facilities. The total expense incurred related to these actions amounted to $113 for the six months ended June 30, 2011, $54 for the one month ended June 30, 2010 and $470 for the five months ended May 31, 2010.

In July 2008, the Company implemented a restructuring action and announced the closure of two manufacturing facilities, one located in Australia and the other located in Germany. Both closures were a result of changes in market demands and volume reductions and are substantially completed as of June 30, 2011. However, the Company will continue to incur costs until the facilities are sold. The estimated total cost of these initiatives is approximately $21,600. The total expense incurred related to these actions amounted to $122 for the six months ended June 30, 2011, $28 for the one month ended June 30, 2010 and $(301) for the five months ended May 31, 2010.

During 2008, the Company commenced the initial phase of a reorganization ultimately involving the discontinuation of its global product line operating divisions, formerly called the Body & Chassis Systems division (which included the body sealing and AVS product lines) and the Fluid Systems division, and the establishment of a new operating structure organized on the basis of geographic regions. In the first quarter of 2009, the Company initiated the final phase of the reorganization of its operating structure, formally discontinuing its product line operating divisions and putting into place the new operating divisions based on geographic regions. The estimated cost of this initiative is approximately $23,700.

The following tables summarize the activity for this initiative for the six months ended June 30, 2010 and 2011:


	Employee Separation Costs			Other Exit Costs		Asset Impairments		Total
Balance at January 1, 2010 - Predecessor	$	7,771		$	—	$	—	$	7,771
Expense		(450	)		—		—		(450	)
Cash payments		(3,297	)		—		—		(3,297	)

Balance at May 31, 2010	$	4,024		$	—	$	—	$	4,024
Cash payments		(125	)		—		—		(125	)

Balance at June 30, 2010 - Successor	$	3,899		$	—	$	—	$	3,899


	Employee Separation Costs			Other Exit Costs		Asset Impairments		Total
Balance at January 1, 2011	$	2,777		$	—	$	—	$	2,777
Expense		1			—		—		1
Transfer to FMEA joint venture initiative		(1,877	)		—		—		(1,877	)
Cash payments		(115	)		—		—		(115	)

Balance at June 30, 2011	$	786		$	—	$	—	$	786

The Company commenced several initiatives during 2009. These initiatives related to the reorganization or closure of operating facilities in South America, Europe and Asia Pacific. The estimated total cost associated with these actions amount to $21,000. The following tables summarize the activity for these initiatives for the six months ended June 30, 2010 and 2011:


	Employee Separation Costs			Other Exit Costs			Asset Impairments			Total
Balance at January 1, 2010 - Predecessor	$	4,215		$	56		$	—		$	4,271
Expense		5,168			314			(21	)		5,461
Cash payments		(2,680	)		(347	)		21			(3,006	)

Balance at May 31, 2010	$	6,703		$	23		$	—		$	6,726
Expense		(5	)		216			—			211
Cash payments		(2,673	)		(218	)		—			(2,891	)

Balance at June 30, 2010 - Successor	$	4,025		$	21		$	—		$	4,046


	Employee Separation Costs			Other Exit Costs			Asset Impairments			Total
Balance at January 1, 2011	$	1,167		$	220		$	—		$	1,387
Expense		52			1,358			864			2,274
Cash payments		(895	)		(810	)		—			(1,705	)
Utilization of reserve		—			—			(864	)		(864	)

Balance at June 30, 2011	$	324		$	768		$	—		$	1,092

In 2010, the Company initiated the closure of a facility and the consolidation of other facilities. The estimated total costs of these initiatives amount to $2,100 and are expected to be completed in 2011. The following tables summarize the activity for these initiatives for the six months ended June 30, 2010 and 2011:


	Employee Separation Costs			Other Exit Costs			Asset Impairments		Total
Balance at January 1, 2010 - Predecessor	$	—		$	—		$	—	$	—
Expense		595			118			—		713
Cash payments		(132	)		(118	)		—		(250	)

Balance at May 31, 2010	$	463		$	—		$	—	$	463
Expense		—			89			—		89
Cash payments		(103	)		(89	)		—		(192	)

Balance at June 30, 2010 - Successor	$	360		$	—		$	—	$	360


	Employee Separation Costs			Other Exit Costs			Asset Impairments		Total
Balance at January 1, 2011	$	164		$	—		$	—	$	164
Expense		—			82			—		82
Cash payments		(164	)		(82	)		—		(246	)

Balance at June 30, 2011	$	—		$	—		$	—	$	—

In the first quarter of 2011, the Company initiated the closure of a facility in North America and announced the decision to establish a centralized shared services function in Europe. The estimated total costs of these initiatives amount to $9,600 and are expected to be completed in 2012. The following table summarizes the activity for these initiatives for the six months ended June 30, 2011:


	Employee Separation Costs		Other Exit Costs			Asset Impairments		Total
Balance at January 1, 2011	$	—	$	—		$	—	$	—
Expense		1,562		3,124			—		4,686
Cash payments		—		(1,550	)		—		(1,550	)

Balance at June 30, 2011	$	1,562	$	1,574		$	—	$	3,136

In the second quarter of 2011, the Company initiated the reorganization of the Company's French body sealing operations in relationship to the joint venture agreement with FMEA. The estimated total cost of this initiative is $43,500 and is expected to be completed in 2012. The following table summarizes the activity for this initiative for the six months ended June 30, 2011:


	Employee Separation Costs		Other Exit Costs			Asset Impairments		Total
Balance at January 1, 2011	$	—	$	—		$	—	$	—
Expense		33,328		979			—		34,307
Reorganization initiative transfer		1,877		—			—		1,877
Cash payments and foreign exchange translation		182		(979	)		—		(797	)

Balance at June 30, 2011	$	35,387	$	—		$	—	$	35,387