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Pending Separation Transaction
6 Months Ended
Jun. 30, 2014
Pending Separation Transaction
Note 13.           Pending Separation Transaction
 
On June 10, 2014, the Company announced that its management and Board of Directors has commenced a process to separate its business into two independent, publicly traded companies – one focused on aircraft interior equipment – design, development, manufacturing, certification and direct sales on a global basis, and the other focused on distribution, logistics and technical services for the aerospace and energy markets.  The separation is expected to be completed by the end of the first calendar quarter of 2015 through a tax-free distribution to stockholders. Completion of the proposed separation is subject to certain conditions, including final approval by the Board of Directors, receipt of an appropriate tax opinion and effectiveness of a registration statement with the SEC.  
 
The Company expects to incur transaction expenses, which will likely be material.  These expenses are expected to be comprised of a number of different costs such as debt refinancing costs, investment banking fees, legal fees, consulting fees, audit fees, restructuring costs, moving expenses, branding expenses, severance expense and other similar costs.  We are currently not able to reasonably determine an estimate for the aforementioned costs given the preliminary stage of the initiative.