XML 51 R12.htm IDEA: XBRL DOCUMENT v2.4.0.6
Long-Lived Assets
9 Months Ended
Sep. 30, 2012
Long-Lived Assets

Note 6: Long-Lived Assets

Disposals

During the nine months ended September 30, 2012, we sold certain real estate of the Americas segment for $0.8 million. There was no gain or loss recognized on the sale.

During the nine months ended October 2, 2011, we sold certain real estate of the Americas segment for $1.1 million. There was no gain or loss recognized on the sale.

Impairments

For both the three and nine months ended September 30, 2012, we recognized an impairment loss on property, plant and equipment of $4.0 million in the operating results of our EMEA segment. Of the total impairment loss, approximately $1.5 million related to real estate retained by us from a German cable business we sold in 2009 and leased to the purchasers, $1.4 million related to manufacturing equipment, and $1.1 million related to other property, plant, and equipment. We estimated the fair value of these assets based upon bids received from third parties to potentially buy the assets, quoted prices in active markets or quoted prices for similar assets.

Depreciation and Amortization Expense

We recognized depreciation expense of $9.0 million and $26.9 million in the three and nine months ended September 30, 2012, respectively. We recognized depreciation expense of $9.2 million and $27.2 million in the three and nine months ended October 2, 2011, respectively.

We recognized amortization expense related to our intangible assets of $7.8 million and $13.6 million in the three and nine months ended September 30, 2012, respectively. We recognized amortization expense related to our intangible assets of $3.4 million and $10.4 million in the three and nine months ended October 2, 2011, respectively.