FACILITIES CONSOLIDATION AND SEVERANCE

9 Months Ended

Sep. 30, 2011

FACILITIES CONSOLIDATION AND SEVERANCE

FACILITIES CONSOLIDATION AND SEVERANCE

NOTE 14 — FACILITIES CONSOLIDATION AND SEVERANCE

In the second quarter of 2009, the Company announced a plan to consolidate two French dispensing closure manufacturing facilities and several sales offices in North America and Europe and has subsequently expanded the program to include additional headcount reductions.  The total costs associated with the consolidation/severance programs are $7.7 million.  The plan has been substantially completed, subject to the settlement of remaining reserve balances.

As of September 30, 2011 we have recorded the following activity associated with our consolidation/severance programs:

	Beginning											Ending
	Reserve at		Net									Reserve at
	12/31/10		Charges			Cash Paid			FX Impact			9/30/11
Employee severance	$	1,299	$	(74	)	$	(61	)	$	6		$	1,170
Other costs	106		74			(73		)	(6		)	101
Totals	$	1,405	$	—		$	(134	)	$	—		$	1,271