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Restructuring (Tables)
6 Months Ended
Jun. 30, 2013
Schedule of Pre-Tax Restructuring Expenses By Segment

Pre-tax restructuring expenses, by segment, for the three months ended June 30, 2012, were as follows:

 

     Severance
Costs
     Exit Costs      Total  
     (In thousands)  

Fluid & Metering Technologies

   $ 309       $ 10       $ 319   

Health & Science Technologies

     757         395         1,152   

Fire & Safety/Diversified Products

     280         748         1,028   

Corporate/Other

     82                 82   
  

 

 

    

 

 

    

 

 

 

Total restructuring costs

   $ 1,428       $ 1,153       $ 2,581   
  

 

 

    

 

 

    

 

 

 

Pre-tax restructuring expenses, by segment, for the six months ended June 30, 2012, were as follows:

 

     Severance
Costs
     Exit Costs      Total  
     (In thousands)  

Fluid & Metering Technologies

   $ 2,968       $ 10       $ 2,978   

Health & Science Technologies

     1,907         700         2,607   

Fire & Safety/Diversified Products

     280         1,292         1,572   

Corporate/Other

     163         199         362   
  

 

 

    

 

 

    

 

 

 

Total restructuring costs

   $ 5,318       $ 2,201       $ 7,519   
  

 

 

    

 

 

    

 

 

 
Schedule of Restructuring Accruals Expenses

Restructuring accruals of $1.3 million and $10.9 million at June 30, 2013 and December 31, 2012, respectively, are reflected in Accrued expenses in the Consolidated Balance Sheets as follows:

 

(In thousands)       

Balance at January 1, 2013

   $ 10,887   

Restructuring expenses

       

Payments/utilization

     (9,555
  

 

 

 

Balance at June 30, 2013

   $ 1,332