Charges Related To Restructuring Activities

9 Months Ended

Sep. 30, 2011

Charges Related To Restructuring Activities [Abstract]

Charges Related To Restructuring Activities

Charges Related to Restructuring Activities – During the quarter ended September 30, 2011, the Company continued to execute the closure of a European assembly facility and initiated the closure of an additional smaller facility in the U.S. as part of the Company's ongoing globalization initiative to reduce complexity within the Company's global supply chain footprint. The restructuring was necessitated by the continued decline in reimbursement by the U.S. government as well as similar reimbursement pressures abroad and continued pricing pressures faced by the Company as a result of outsourcing by competitors to lower cost locations. The Company intends to transfer assembly activities to other Company facilities or outsource them to third parties. To date, the Company has recorded restructuring charges of $1,742,000, principally for severance which are expected to be utilized during the next twelve months. The Company will have additional charges related to the closing of the European facility, as it is not expected to be complete until the first quarter of 2012. There have been no material changes in accrued balances related to the charge, either as a result of revisions in the plan or changes in estimates. A progression by reporting segment of the accruals recorded as a result of the restructuring is as follows (in thousands):

	Severance			Other			Total
Charges
North America / HME	$	365		$	40		$	405
Europe		1,230			48			1,278
ISG		59			0			59
Consolidated	$	1,654		$	88		$	1,742
Payments
North America / HME	$	0		$	0		$	0
Europe		(1,230	)		(48	)		(1,278	)
ISG		0			0			0
Consolidated	$	(1,230	)	$	(48	)	$	(1,278	)
Balance
North America / HME	$	365		$	40		$	405
Europe		0			0			0
ISG		59			0			59
Consolidated	$	424		$	40		$	464