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Restructuring Charges
12 Months Ended
Feb. 26, 2012
Restructuring Charges [Abstract]  
Restructuring Charges

12. RESTRUCTURING CHARGES

In the 2012 fiscal year fourth quarter, the Company recorded a pre-tax charge of $1,250 related to the closing of the Company's Park Advanced Composite Materials, Inc. business unit located in Waterbury, Connecticut. The charge for closing the business unit included a non-cash asset impairment of $928. As a result of the closing, the Company expects to record total pre-tax restructuring charges of $2,600 and expects to record the remaining $1,350 during the 2013 fiscal year. The liability recorded at February 26, 2012 is $322 and the amount expected to be paid in 2013 fiscal year is $1,672.

In the 2009 fiscal year, the Company recorded one-time pre-tax charges of $5,687 related to the closure of the Company's New England Laminates Co., Inc. printed circuits materials business unit located in Newburgh, New York and the closure of the Company's Neltec Europe SAS printed circuits materials business unit located in Mirebeau, France and related to an asset impairment and workforce reduction at the Company's Nelco Products Pte. Ltd. printed circuits materials and advanced composite materials business unit in Singapore. The charges for the closure of the business units included a non-cash asset impairment charge of $650 and were net of the recapture of non-cash cumulative currency translation adjustments of $3,957. In the 2009 fiscal year, the Company also recorded a pre-tax charge of $570 related to restructurings at certain of its North American and European business units. The Company paid $127, $230 and $2,609 of these charges during the 2012, 2011 and 2010 fiscal years, respectively.

The Company recorded an additional pre-tax charge of $169 during the 2010 fiscal year and an additional pre-tax charge of $1,312 during the 2011 fiscal year related to the closure, in fiscal year 2009, of the Neltec Europe business unit. The additional charge in the 2011 fiscal year was based on updated estimates of the total costs to complete the closure of the Neltec Europe business unit as a result of additional information regarding such costs, including recent developments relating to certain employment litigation initiated in France after the closure and other expenses in excess of the original estimates. The Company expects to pay the remaining $1,187 during the 2013 fiscal year.

During the 2004 fiscal year, the Company recorded charges related to the realignment of its North America volume printed circuit materials operations. The charges included lease and other obligations of $7,292. The future lease obligations are payable through September 2013. The remaining balances on the lease obligations relating to the realignment were $434 and $1,182 as of February 26, 2012 and February 27, 2011, respectively. Of these remaining balances, $0 and $366 were included in other liabilities for the 2012 and 2011 fiscal years, respectively. The Company applied $748 and $1,352 of payments against this liability during the 2012 and 2011 fiscal years, respectively.