Restructuring and Related Activities (Notes)

3 Months Ended

Mar. 30, 2013

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

(15) RESTRUCTURING ACTIVITIES

During fiscal 2013 the Company announced the closure of several of its manufacturing and warehouse facilities and consolidation into existing facilities to simplify manufacturing operations in its Electrical segment. As a result of these closures, the Company incurred expenses including employee termination and plant relocation costs. The employee termination expenses are accrued over the vesting period while the plant relocation costs are expensed as incurred.

The following is a reconciliation of provisions and payments for the restructuring projects for the three months endedMarch 29, 2014 and March 30, 2013, respectively (in millions):

	March 29, 2014		March 30, 2013
Beginning balance	$	3.9	$	3.1
Provision	4.2		0.9
Less: Payments	2.6		0.8
Ending Balance	$	5.5	$	3.2

The following is a reconciliation of expenses by type for the restructuring projects for the three months endedMarch 29, 2014 and March 30, 2013, respectively (in millions):

	March 29, 2014		March 30, 2013
Employee termination expenses	$	1.4	$	0.4
Property, plant and equipment disposals	1.6		0.3
Other expenses	1.2		0.2
Total restructuring expenses	$	4.2	$	0.9

For the three months endedMarch 29, 2014, restructuring charges of $4.2 million were recorded in Cost of Sales. For the three months endedMarch 30, 2013, restructuring charges of $0.5 million and $0.4 million were recorded in Cost of Sales and Operating Expenses, respectively.

The Company's current restructuring activities are expected to conclude by the fourth quarter of 2014.