Restructuring and Impairment Charges (Tables)

6 Months Ended

Jun. 30, 2013

Restructuring and Related Activities [Abstract]

The following table summarizes the restructuring and impairment charges related to these activities recorded in our operating results in the second quarter and first six months of 2013 and 2012.



(Dollars in thousands)	Three Months Ended		Six Months Ended		Three Months Ended			Six Months Ended
	June 30, 2013		June 30, 2013		June 30, 2012			June 30, 2012
Cost of Sales
High Performance Foams
Accelerated depreciation expense related to Bremen shut-down	$	—	$	—	$	585		$	585
Inventory impairment related to Bremen shut-down	—		—		191			191
Union ratification bonus	181		181		—			—

Printed Circuit Materials
Union ratification bonus	179		179		—			—

Curamik Electronics Solutions
Union ratification bonus	5		5		—			—

Power Distribution Systems
Accelerated depreciation expense related to U.S. shut-down	—		—		360			360
Union ratification bonus	3		3		—			—

Other
Union ratification bonus	—		—		—			—
Total charges for Cost of Sales	$	368	$	368	$	1,136		$	1,136

Restructuring and Impairment

High Performance Foams
Fixed asset impairment for Bisco and Poron asset disposal	$	—	$	—	$	—		$	79
Severance and other employee related costs (1)	1,253		1,253		670			3,088

Printed Circuit Materials
Severance and other employee related costs (1)	708		708		(276		)	3,046

Curamik Electronics Solutions
Severance and other employee related costs (1)	1,618		1,618		213			957

Power Distribution Systems
Impairment of investment related receivable	—		—		264			264
Severance and other employee related costs (1)	845		845		(13		)	477

Other
Severance and other employee related costs (1)	101		101		(24		)	272
Total charges for Restructuring and Impairment	$	4,525	$	4,525	$	834		$	8,183

(1) For the three and six month periods ended June 30, 2013, this includes a pension curtailment charge of $1.5 million. See Note 8 - "Pension Benefit and Other Post Retirement Plans" for further information.

For the three and six month periods ended June 30, 2012, this includes an estimated $2.3 million charge recorded in the first quarter of 2012, offset by a favorable adjustment of $0.7 million recorded in the second quarter of 2012. This net charge of $1.6 million, for 2012, was related to the early retirement program implemented in the first quarter of 2012.

Summary of Severance Accural Activity

The following table summarizes changes in the severance accrual from December 31, 2012 through June 30, 2013:



(Dollars in thousands)	Streamlining and restructuring related activities			Curamik finishing operations relocation to Hungary			Total
Balance at December 31, 2012	$	1,447		$	3,774		$	5,221
Provisions	3,003			—			3,003
Payments	(2,357		)	(2,113		)	(4,470		)
Balance at June 30, 2013	$	2,093		$	1,661		$	3,754

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

+ References+ Details

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References+ Details