Restructuring Charges

9 Months Ended

Sep. 30, 2012

Restructuring and Related Activities [Abstract]

During the fourth quarter of 2010, the Company initiated a restructuring plan that included headcount reductions, consolidation of responsibilities and vacating leased facilities, which continued into 2011 (“Restructuring Actions”). The Company did not recognize a restructuring charge to earnings related to the Restructuring Actions during the three and nine months ended September 30, 2012. Cash payments of $0.4 million and $7.4 million were made in conjunction with the Restructuring Actions during the three and nine months ended September 30, 2012, respectively. The Company recognized a restructuring charge to earnings of $4.5 million and $19.2 million and made cash payments of $9.9 million and $25.9 million related to the Restructuring Actions during the three and nine months ended September 30, 2011, respectively. The following tables show the activity in our restructuring reserve associated with the Restructuring Actions during the three and nine months ended September 30, 2012:



Three Months Ended September 30, 2012
Balance at July 1, 2012	$	971
Payments	(411		)
Balance at September 30, 2012	$	560



Nine Months Ended September 30, 2012
Balance at January 1, 2012	$	7,967
Payments	(7,407		)
Balance at September 30, 2012	$	560

Restructuring charges that are charged to earnings are included in production and distribution expenses, selling and support expenses or general and administrative expenses on the unaudited condensed consolidated statements of comprehensive income (loss), as applicable.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References+ Details