Restructuring and Other Charges, Net

3 Months Ended

Mar. 31, 2013

Restructuring and Other Charges, Net

Restructuring and Other Charges, Net

5. Restructuring and Other Charges, Net

The Company’s Board of Directors approves all major restructuring programs that involve the discontinuance of product lines or the shutdown of facilities.  From time to time, the Company takes additional restructuring actions, including involuntary terminations that are not part of a major program.  The Company accounts for these costs in the period that the individual employees are notified or the liability is incurred.  These costs are included in restructuring and other charges in the Company’s consolidated statements of operations.

The Company also periodically initiates other actions which are not part of a major program.  In December 2012 and March 2013, the Company initiated restructuring activities in Europe to relocate certain manufacturing activities.  Total expected costs are $5.0 million, including severance and relocation costs. The net after tax charge of $3.5 million will be incurred through mid-2014.

A summary of the pre-tax cost by restructuring program is as follows:

	First Quarter Ended
	March 31, 2013		April 1, 2012
	(in millions)
Restructuring costs:
2010 Actions	$	0.4	$	—
2011 Actions	0.1		0.5
Other Actions	1.7		0.7
Total restructuring charges	2.2		1.2
Other charges related to impairments	—		0.5
Total restructuring and other charges, net	$	2.2	$	1.7

The Company recorded pre-tax restructuring and other charges, net in its business segments as follows:

	First Quarter Ended
	March 31, 2013		April 1, 2012
	(in millions)
North America	$	0.2	$	0.4
EMEA	2.0		1.3
Total	$	2.2	$	1.7