Note 10:

REORGANIZING CHARGES

Our results for the three and six months ended June 30, 2013 include certain expenses associated with reorganizing our operations. These reorganization efforts mainly relate to our operations in Europe to close or reorganize certain offices there, improve our cost structure, and increase operating efficiencies. The following table outlines the amount of expenses, where they were recognized in our condensed consolidated statements of income, and the segments they relate to:

Six Months Ended June 30, 2013	Performance Materials			Construction Technologies


Cost of sales line:
Employee termination and other benefits		$	-		$	0.7

Selling, general and administrative expenses line:
Employee termination and other benefits			0.6			2.6
Non-cash impairment charges⁽¹⁾						0.6

Total		$	0.6		$	3.9

Three Months Ended June 30, 2013	Performance Materials		Construction Technologies

Cost of sales line:
Employee termination and other benefits	$	-	$	0.2

Selling, general and administrative expenses line:
Employee termination and other benefits		0.2		0.9
Non-cash impairment charges⁽¹⁾				0.6

Total	$	0.2	$	1.7

(1)

Non-cash impairment charges relate to write-down of certain assets held-for-sale to their estimated fair values based on a third-party appraisal (a Level 2 fair value input).

At June 30, 2013, we had $1.8 included within accrued liabilities within our condensed consolidated balance sheets for cash expenditures needed to satisfy remaining obligations under these reorganization initiatives. We expect to pay these amounts by the end of 2013.