Restructuring

9 Months Ended

Sep. 30, 2011

Restructuring [Abstract]

RESTRUCTURING

13. RESTRUCTURING

During fiscal 2010 and 2009, the Company announced restructuring initiatives. As of September 30, 2011 and December 31, 2010, the Company’s total restructuring accrual was $0.4 million and $2.5 million, respectively. The Company continues to review its business for opportunities to reduce operating expenses and focus on executing its strategy based on core competencies and cost efficiencies.

2010 Plan

During the second quarter of 2010, the Company announced restructuring initiatives focused on aligning the Company’s cost base with revenues and other functional reorganizations and recorded $3.7 million in restructuring charges related to a global reduction in force across all functions. The total restructuring charge was $5.0 million as of December 31, 2010 and is expected to be completed by the fourth quarter of 2011.

2009 Plan

In July 2009, the Company began an initiative to consolidate a number of manufacturing and distribution operations into the Company’s University Park, Illinois plant, collectively known as the Footprint Restructuring Plan. The Company completed these actions as of December 31, 2010.

The following presents an analysis of the restructuring reserves included in other accrued liabilities as of September 30, 2011:

($ in millions)	Severance			Other			Total
Balance as of December 31, 2010	$	1.9		$	0.6		$	2.5
Cash payments		(1.7	)		(0.4	)		(2.1	)
Balance as of September 30, 2011	$	0.2		$	0.2		$	0.4

The following presents an analysis of the restructuring reserves included in other accrued liabilities as of September 30, 2010:

($ in millions)	Severance			Other			Total
Balance as of December 31, 2009	$	0.8		$	0.5		$	1.3
Restructuring charges		3.3			0.7			4.0
Cash payments		(1.5	)		(0.6	)		(2.1	)
Balance as of September 30, 2010	$	2.6		$	0.6		$	3.2

The following table shows the costs incurred by operating segment in connection with the restructuring programs:

	Three months  ended September 30,					Nine months  ended September 30,
($ in millions)	2011		2010			2011		2010
Environmental Solutions	$	—	$	0.4		$	—	$	0.7
Safety and Security Systems		—		(0.4	)		—		1.7
Fire Rescue		—		—			—		0.6
Federal Signal Technologies		—		—			—		0.4
Total restructuring by operating segment		—		—			—		3.4
Corporate		—		—			—		0.6
Total restructuring	$	—	$	—		$	—	$	4.0