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Accounting Policies (Tables)
9 Months Ended
Sep. 29, 2013
Accounting Policies  
Changes in the carrying amount of goodwill by geographic segment

 

 

 

 

September 29, 2013

 

 

 

Gross Balance

 

Accumulated Impairment Losses

 

Net Goodwill

 

 

 

Balance
January 1,
2013

 

Acquired
During
the
Period

 

Foreign
Currency
Translation
and Other

 

Balance
September 29,
2013

 

Balance
January 1,
2013

 

Impairment
Loss
During the
Period

 

Balance
September 29,
2013

 

September 29,
2013

 

 

 

(in millions)

 

North America

 

$

225.6

 

$

 

$

(0.5

)

$

225.1

 

$

(24.2

)

$

 

$

(24.2

)

$

200.9

 

Europe, Middle East and Africa (EMEA)

 

289.7

 

 

6.1

 

295.8

 

 

 

 

295.8

 

Asia

 

12.9

 

 

0.2

 

13.1

 

 

 

 

13.1

 

Total

 

$

528.2

 

$

 

$

5.8

 

$

534.0

 

$

(24.2

)

$

 

$

(24.2

)

$

509.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2012

 

 

 

Gross Balance

 

Accumulated Impairment Losses

 

Net Goodwill

 

 

 

Balance
January 1,
2012

 

Acquired
During the
Period

 

Foreign
Currency
Translation
and Other

 

Balance
September 30,
2012

 

Balance
January 1,
2012

 

Impairment
Loss During
the Period

 

Balance
September
30, 2012

 

September 30,
2012

 

 

 

(in millions)

 

North America

 

$

213.8

 

$

13.3

 

$

0.3

 

$

227.4

 

$

(23.2

)

$

(1.0

)

$

(24.2

)

$

203.2

 

EMEA

 

281.1

 

 

(0.2

)

280.9

 

 

 

 

280.9

 

Asia

 

12.7

 

 

 

12.7

 

 

 

 

12.7

 

Total

 

$

507.6

 

$

13.3

 

$

0.1

 

$

521.0

 

$

(23.2

)

$

(1.0

)

$

(24.2

)

$

496.8

 

Intangible assets

 

 

 

 

September 29, 2013

 

December 31, 2012

 

 

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

 

 

 

(in millions)

 

Patents

 

$

16.5

 

$

(12.4

)

$

4.1

 

$

16.5

 

$

(11.7

)

$

4.8

 

Customer relationships

 

132.3

 

(73.7

)

58.6

 

131.4

 

(65.9

)

65.5

 

Technology

 

27.1

 

(10.4

)

16.7

 

27.4

 

(9.0

)

18.4

 

Trade Names

 

13.6

 

(2.7

)

10.9

 

13.5

 

(1.8

)

11.7

 

Other

 

8.7

 

(5.6

)

3.1

 

8.7

 

(5.5

)

3.2

 

Total amortizable intangibles

 

198.2

 

(104.8

)

93.4

 

197.5

 

(93.9

)

103.6

 

Indefinite-lived intangible assets

 

42.2

 

 

42.2

 

41.8

 

 

41.8

 

Total

 

$

240.4

 

$

(104.8

)

$

135.6

 

$

239.3

 

$

(93.9

)

$

145.4

Second Amended and Restated 2004 Stock Incentive Plan | Stock options
 
Stock-based compensation  
Schedule of weighted average assumptions used to estimate the grant-date fair value of the equity award

 

 

 

 

2013

 

2012

 

Expected life (years)

 

6.0

 

6.0

 

Expected stock price volatility

 

40.3

%

41.2

%

Expected dividend yield

 

1.0

%

1.2

%

Risk-free interest rate

 

1.7

%

0.9

%

Management Stock Purchase Plan | Restricted stock units (RSUs)
 
Stock-based compensation  
Schedule of weighted average assumptions used to estimate the grant-date fair value of the equity award

 

 

 

 

2013

 

2012

 

Expected life (years)

 

3.0

 

3.0

 

Expected stock price volatility

 

34.1

%

38.3

%

Expected dividend yield

 

0.9

%

1.1

%

Risk-free interest rate

 

0.4

%

0.4

%