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Restructuring (Tables) | 12 Months Ended
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Dec. 31, 2014
Restructuring and Related Activities [Abstract] |
Schedule of Pre-Tax Restructuring Expenses By Segment | Pre-tax restructuring expenses by segment for 2014 were as follows:
| Severance Costs |  | Exit Costs and Asset Impairments |  | Total
| (In thousands)
Fluid & Metering Technologies | $ | 6,413 |  |  | $ | — |  |  | $ | 6,413 |
Health & Science Technologies | 3,520 |  |  | 1,392 |  |  | 4,912 |
Fire & Safety/Diversified Products | 908 |  |  | 126 |  |  | 1,034 |
Corporate/Other | 1,313 |  |  | — |  |  | 1,313 |
Total restructuring costs | $ | 12,154 |  |  | $ | 1,518 |  |  | $ | 13,672 |
2011 Initiative During 2012 the Company recorded pre-tax restructuring expenses totaling $32.5 million related to the 2011 restructuring initiative. These expenses consisted of exit costs and employee severance related to employee reductions across various functional areas as well as facility rationalization. The 2011 restructuring initiative included severance benefits for 491 employees in 2012. The 2011 initiative was completed by the end of 2012 and severance payments were fully paid in 2013 using cash from operations. Pre-tax restructuring expenses by segment, for 2012, were as follows:
| Severance Costs |  | Exit Costs |  | Total
| (In thousands)
Fluid & Metering Technologies | $ | 6,226 |  |  | $ | 36 |  |  | $ | 6,262 |
Health & Science Technologies | 11,223 |  |  | 3,521 |  |  | 14,744 |
Fire & Safety/Diversified Products | 3,226 |  |  | 5,114 |  |  | 8,340 |
Corporate/Other | 2,844 |  |  | 283 |  |  | 3,127 |
Total restructuring costs | $ | 23,519 |  |  | $ | 8,954 |  |  | $ | 32,473 |
Schedule of Restructuring Accruals Expenses | Restructuring accruals of $6.1 million and zero at December 31, 2014 and 2013, respectively, are reflected in Accrued expenses in our Consolidated Balance Sheets as follows:
| Restructuring Initiatives
| (In thousands)
Balance at January 1, 2013 | $ | 10,887 |
Restructuring expenses | — |
Payments, utilization and other | (10,887 | )
Balance at December 31, 2013 | — |
Restructuring expenses | 13,672 |
Payments, utilization and other | (7,616 | )
Balance at December 31, 2014 | $ | 6,056 |

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- Definition Schedule Of Pre Tax Restructuring Expenses By Segment + References No definition available. + Details
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- 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 Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 + Details
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