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Restructuring, Integration, and Other Charges | 9 Months Ended
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Oct. 01, 2011
Restructuring Charges [Abstract] |
Restructuring, Integration and Other Charges [Text Block] | Restructuring, Integration, and Other Charges During the third quarters of 2011 and 2010, the company recorded restructuring, integration, and other charges of $8,848 ($6,048 net of related taxes or $.05 per share on both a basic and diluted basis) and $14,338 ($9,506 net of related taxes or $.08 per share on both a basic and diluted basis), respectively. During the first nine months of 2011 and 2010, the company recorded restructuring, integration, and other charges of $23,676 ($16,831 net of related taxes or $.15 and $.14 per share on a basic and diluted basis, respectively) and $27,424 ($19,146 net of related taxes or $.16 per share on both a basic and diluted basis), respectively. The following table presents the components of the restructuring, integration, and other charges:
|  | Quarter Ended |  | Nine Months Ended
|  | October 1, 2011 |  | October 2, 2010 |  | October 1, 2011 |  | October 2, 2010
Restructuring charges - current period actions |  | $ | 6,065 |  |  | $ | 8,432 |  |  | $ | 14,697 |  |  | $ | 19,419 |
Restructuring and integration charges (credits) - actions taken in prior periods |  | 12 |  |  | 314 |  |  | (1,354 | ) |  | 1,407 |
Acquisition-related expenses |  | 2,771 |  |  | 5,592 |  |  | 10,333 |  |  | 6,598 |
|  | $ | 8,848 |  |  | $ | 14,338 |  |  | $ | 23,676 |  |  | $ | 27,424 |
2011 Restructuring Charge The following table presents the components of the 2011 restructuring charge of $14,697 and activity in the related restructuring accrual for the first nine months of 2011:
|  | Personnel Costs |  | Facilities |  | Other |  | Total
Restructuring charge |  | $ | 10,943 |  |  | $ | 3,240 |  |  | $ | 514 |  |  | $ | 14,697 |
Payments |  | (5,915 | ) |  | (1,009 | ) |  | (447 | ) |  | (7,371 | )
Foreign currency translation |  | 7 |  |  | — |  |  | — |  |  | 7 |
October 1, 2011 |  | $ | 5,035 |  |  | $ | 2,231 |  |  | $ | 67 |  |  | $ | 7,333 |
The restructuring charge of $14,697 for the first nine months of 2011 primarily includes personnel costs of $10,943 and facilities costs of $3,240. The personnel costs are related to the elimination of approximately 160 positions within the global ECS business segment and approximately 140 positions within the global components business segment. The facilities costs are related to exit activities for 10 vacated facilities in the Americas and Europe due to the company's continued efforts to streamline its operations and reduce real estate costs. These initiatives are due to the company's continued efforts to lower cost and drive operational efficiency, primarily related to the integration of recently acquired businesses. 2010 Restructuring Charge The following table presents the activity in the restructuring accrual for the first nine months of 2011 related to the 2010 restructuring:
|  | Personnel Costs |  | Facilities |  | Other |  | Total
December 31, 2010 |  | $ | 2,084 |  |  | $ | 1,322 |  |  | $ | 974 |  |  | $ | 4,380 |
Restructuring charge (credit) |  | 13 |  |  | 434 |  |  | (21 | ) |  | 426 |
Payments |  | (1,849 | ) |  | (1,130 | ) |  | (1,010 | ) |  | (3,989 | )
Foreign currency translation |  | 47 |  |  | (16 | ) |  | 57 |  |  | 88 |
October 1, 2011 |  | $ | 295 |  |  | $ | 610 |  |  | $ | — |  |  | $ | 905 |
Restructuring and Integration Accruals Related to Actions Taken Prior to 2010 The following table presents the activity in the restructuring and integration accruals for the first nine months of 2011 related to restructuring and integration actions taken prior to 2010:
|  | Personnel Costs |  | Facilities |  | Other |  | Total
December 31, 2010 |  | $ | 2,020 |  |  | $ | 6,237 |  |  | $ | 1,410 |  |  | $ | 9,667 |
Restructuring and integration credits |  | (517 | ) |  | (1,162 | ) |  | (101 | ) |  | (1,780 | )
Payments |  | (818 | ) |  | (2,061 | ) |  | — |  |  | (2,879 | )
Foreign currency translation |  | 23 |  |  | 104 |  |  | — |  |  | 127 |
October 1, 2011 |  | $ | 708 |  |  | $ | 3,118 |  |  | $ | 1,309 |  |  | $ | 5,135 |
Restructuring and Integration Accrual Summary In summary, the restructuring and integration accruals aggregate $13,373 at October 1, 2011, all of which is expected to be spent in cash, and are expected to be utilized as follows:
• | The accruals for personnel costs of $6,038 to cover the termination of personnel are primarily expected to be spent within one year.
• | The accruals for facilities totaling $5,959 relate to vacated leased properties that have scheduled payments of $925 in 2011, $2,500 in 2012, $1,272 in 2013, $509 in 2014, $364 in 2015, and $389 thereafter.
• | Other accruals of $1,376 are expected to be utilized over several years.
Acquisition-Related Expenses Included in restructuring, integration, and other charges are acquisition-related expenses of $2,771 and $10,333 for the third quarter and first nine months of 2011 and $5,592 and $6,598 for the third quarter and first nine months of 2010, respectively, primarily consisting of professional fees directly related to recent acquisition activity.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: 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) -URI http://asc.fasb.org/extlink&oid=6394695&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 146 -Paragraph 20 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section P -Subsection 3, 4 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=6394695&loc=d3e140864-122747 + Details
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