XML 48 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8
RESTRUCTURING
12 Months Ended
Dec. 28, 2013
Restructuring and Related Activities [Abstract]  
RESTRUCTURING
RESTRUCTURING
Costs incurred in the twelve months ended December 28, 2013, included in the “Restructuring (income)/expense” line of the Company's consolidated statement of income, are as follows:

(In millions)
 
Water Systems
 
Fueling Systems
 
Other
 
Consolidated
Employee severance
 
$
0.6

 
$
0.5

 
$

 
$
1.1

Equipment relocation
 
0.1

 

 

 
0.1

Asset write-off
 
1.4

 

 

 
1.4

Other
 
1.1

 

 

 
1.1

Total
 
$
3.2

 
$
0.5

 
$

 
$
3.7



Restructuring expenses for 2013 included $1.3 million write-down of the Oklahoma City, Oklahoma facility, which was related to the Phase IV Global Manufacturing Realignment Program announced in 2011, $1.1 million of expenses primarily related to relocation to the new Corporate Headquarters and Engineering Center in Fort Wayne, Indiana, $0.6 million integration acquisition costs of the previously announced Flexing acquisition in Franklin Fueling Systems, and $0.7 million of other restructuring costs related to continued manufacturing alignments.

Restructuring expenses of $0.2 million and $1.6 million were incurred in 2012 and 2011, respectively, primarily for the Water Systems realignment.

As of December 28, 2013, there were no restructuring reserves. As of December 29, 2012, there was $0.1 million in restructuring reserves primarily for severance.