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Restructuring and Other Charges (Tables)
6 Months Ended
Jun. 30, 2012
Pre Tax Restructuring and Other Charges

Pre-tax restructuring and other charges for the six and three months ended June 30, 2012 and 2011 are shown below.

 

(In millions)    Six Months Ended June 30, 2012  
           Other  Charges(a)         
     Restructuring
Charges
    Cost of
Products Sold
     Total
Charges
 

Kitchen & Bath Cabinetry

   $ 1.0      $ 1.0       $ 2.0   

Advanced Material Windows & Door Systems

     0.5        —           0.5   

Security & Storage

     (0.5     —           (0.5
  

 

 

   

 

 

    

 

 

 

Total

   $ 1.0      $ 1.0       $ 2.0   

 

(In millions)    Six Months Ended June 30, 2011  
            Other  Charges(a)        
     Restructuring
Charges
     Cost of
Products Sold
    Total
Charges
 

Kitchen & Bath Cabinetry

   $ 0.4       $ —        $ 0.4   

Plumbing & Accessories

     —           (0.2     (0.2

Advanced Material Windows & Door Systems

     0.3         0.4        0.7   
  

 

 

    

 

 

   

 

 

 

Total

   $ 0.7       $ 0.2      $ 0.9   

 

(In millions)    Three Months Ended June 30, 2012  
           Other  Charges(a)         
     Restructuring
Charges
    Cost of
Products Sold
     Total
Charges
 

Kitchen & Bath Cabinetry

   $ 0.2      $ 0.4       $ 0.6   

Advanced Material Windows & Door Systems

     0.3        —           0.3   

Security & Storage

     (0.5     —           (0.5
  

 

 

   

 

 

    

 

 

 

Total

   $ —        $ 0.4       $ 0.4   

 

(In millions)    Three Months Ended June 30, 2011  
            Other  Charges(a)        
     Restructuring
Charges
     Cost of
Products Sold
    Total
Charges
 

Kitchen & Bath Cabinetry

   $ 0.1       $ —        $ 0.1   

Plumbing & Accessories

     —           (0.1     (0.1

Advanced Material Windows & Door Systems

     0.3         0.1        0.4   
  

 

 

    

 

 

   

 

 

 

Total

   $ 0.4       $ —        $ 0.4   

 

  (a)

“Other Charges” represent charges directly related to restructuring initiatives that cannot be reported as restructuring under U.S. GAAP. Such costs may include losses on disposal of inventories, trade receivables allowances from exiting product lines and accelerated depreciation resulting from the closure of facilities.

Reconciliation of Restructuring Liability

Reconciliation of Restructuring Liability

 

(In millions)    Balance at
December 31,
2011
     2012
Provision
    Cash
Expenditures
    Balance at
June  30,
2012
 

Workforce reductions

   $ 3.0       $ (0.1   $ (1.6   $ 1.3   

Other

     —           1.1        (1.1     —     
  

 

 

    

 

 

   

 

 

   

 

 

 

Total

   $ 3.0       $ 1.0      $ (2.7   $ 1.3   
(In millions)    Balance at
December 31,
2010
     2011
Provision
    Cash
Expenditures
    Balance at
June  30,
2011
 

Workforce reductions

   $ 6.1       $ 0.2      $ (2.1   $ 4.2   

Other

     —           0.5        (0.5     —     
  

 

 

    

 

 

   

 

 

   

 

 

 

Total

   $ 6.1       $ 0.7      $ (2.6   $ 4.2