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Restructuring And Other Impairment Charges | 3 Months Ended
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Apr. 01, 2012
Restructuring And Other Impairment Charges [Abstract] |
Restructuring And Other Impairment Charges | Note 3 — Restructuring and other impairment charges The amounts recognized in restructuring and other impairment charges for the three months ended April 1, 2012 and March 27, 2011 consisted of the following:
|  | Three Months Ended April 1, 2012 |  |  | Three Months Ended March 27, 2011 |
|  | (Dollars in thousands) |
2012 restructuring charges |  | $ | 605 |  |  | $ | — |
2011 restructuring program |  |  | 488 |  |  |  | — |
2007 Arrow integration program |  |  | (1,931 | ) |  |  | 595 |
Restructuring and other impairment charges |  | $ | (838 | ) |  | $ | 595 |
2012 Restructuring Charges During the first quarter of 2012, the Company incurred restructuring charges of $0.6 million related to the termination of certain distributor agreements in Europe. 2011 Restructuring Program During 2011, the Company initiated a restructuring program at four facilities to consolidate operations and reduce costs. In connection with this program, during the first quarter of 2012, the Company recorded restructuring charges of $0.5 million, including $0.3 million for employee termination benefits for workforce consolidations and $0.2 million for facility closure costs in connection with the program. During the remainder of 2012, the Company expects to incur additional contract termination costs of approximately $2.7 million when it has completely exited a leased facility, approximately $0.9 million for facility closure costs related to other facilities, and $0.5 million for other costs in connection with the program. All of the employee termination benefits, facility closure costs and other costs will be paid in 2012. The payment of the lease contract termination costs will continue until 2015. 2007 Arrow Integration Program In connection with the Company's acquisition of Arrow International, Inc. ("Arrow"), the Company implemented a program in 2007 to integrate Arrow's businesses into the Company's other businesses. The aspects of this program that affect Teleflex employees and facilities (such aspects being referred to as the "2007 Arrow integration program") are charged to earnings and classified as restructuring and impairment charges. The following table provides information relating to the charges associated with the 2007 Arrow integration program that were included in restructuring and other impairment charges in the condensed consolidated statements of income for the periods presented:
|  | Three Months Ended April 1, 2012 |  |  | Three Months Ended March 27, 2011 |
|  | (Dollars in thousands) |
Termination benefits |  | $ | — |  |  | $ | 7 |
Facility closure costs |  |  | 92 |  |  |  | 150 |
Contract termination costs |  |  | (2,023 | ) |  |  | 438 |
|  | $ | (1,931 | ) |  | $ | 595 |
No impairment charges were recognized during the three month periods ended April 1, 2012 and March 27, 2011. The following table provides information relating to changes in the accrued liability associated with the 2007 Arrow integration program during the three months ended April 1, 2012:
|  | Balance at December 31, 2011 |  |  | Subsequent Accruals |  |  | Payments |  |  | Translation |  |  | Balance at April 1, 2012 |
|  | (Dollars in thousands) |
Termination benefits |  | $ | 320 |  |  | $ | — |  |  | $ | (3 | ) |  | $ | 8 |  |  | $ | 325 |
Facility closure costs |  |  | — |  |  |  | 92 |  |  |  | (92 | ) |  |  | — |  |  |  | — |
Contract termination costs |  |  | 2,133 |  |  |  | (2,023 | ) |  |  | (30 | ) |  |  | 167 |  |  |  | 247 |
Other restructuring costs |  |  | 21 |  |  |  | — |  |  |  | — |  |  |  | 1 |  |  |  | 22 |
|  | $ | 2,474 |  |  | $ | (1,931 | ) |  | $ | (125 | ) |  | $ | 176 |  |  | $ | 594 |
The reduction in accrual from contract termination costs relates to a revised estimate for the settlement of a dispute involving the termination of a European distributor agreement that was established in connection with the acquisition of Arrow in 2007. As of April 1, 2012, the Company expects future restructuring expenses associated with the 2007 Arrow integration program, if any, to be nominal.

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- Definition The entire disclosure for aggregate costs incurred during the period for restructuring, remediation, implementation, integration and asset impairment activities. Description of restructuring activities such as exit and disposal activities, could 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. This would also include disclosure of the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value. + References No definition available. + Details
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