XML 78 R35.htm IDEA: XBRL DOCUMENT v2.4.0.8
Restructuring (Tables)
12 Months Ended
Dec. 31, 2013
Restructuring [Abstract]  
Schedule of Restructuring Charges

The following table summarizes charges reported in the Statements of Income under "Restructuring and other":

 

 Year ended December 31, 2013 Total
restructuring costs incurred
 Termination
and other costs
Impairment of plant and equipment  Benefit plan curtailment/
settlement
(in thousands)
 Machine Clothing   $24,568 $25,838 $ - ($1,270)
 Engineered Composites    540  452  88  -
 Unallocated expenses  -  -  -  -
 Total   $25,108 $26,290 $88 ($1,270)

 

 Year ended December 31, 2012 Total
restructuring costs incurred
 Termination
and other costs
Impairment of plant and equipment  Benefit plan curtailment/
settlement
(in thousands)
 Machine Clothing   $7,386 $7,386  $ -  $ -
 Engineered Composites    -  -  -  -
 Unallocated expenses  (325)  380  (705)  -
 Total   $7,061 $7,766 ($705)  $ -

 

 Year ended December 31, 2011 Total
restructuring costs incurred
 Termination
and other costs
Impairment of plant and equipment  Benefit plan curtailment/
settlement
(in thousands)
 Machine Clothing   $5,680 $5,484  $ - $196
 Engineered Composites    57  57  -  -
 Unallocated expenses  3,580  1,830  1,750  -
 Total   $9,317 $7,371 $1,750 $196
Schedule of Restructuring Liability

We expect that substantially all accruals for restructuring liabilities will be paid within one year. The table below presents the changes in restructuring liabilities:

  December 31, Restructuring   Currency December 31,
(in thousands) 2012 charges accrued Payments translation/other 2013
           
Termination costs $4,947 $26,408 ($22,478) $779 $9,656
           
Total $4,947 $26,408 ($22,478) $779 $9,656
           
  December 31, Restructuring   Currency December 31,
(in thousands) 2011 charges accrued Payments translation/other 2012
           
Termination costs $6,979 $7,617 ($9,672) $23 $4,947
           
Total $6,979 $7,617 ($9,672) $23 $4,947