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Restructuring Costs and Other (Income) Expense, Net
 6 Months Ended
Jun. 29, 2013
Restructuring Costs and Other (Income) Expense, Net [Abstract]  
Restructuring Costs and Other (Income) Expense [Text Block]

3.                Restructuring Costs and Other (Income) Expense, Net
The Company's restructuring costs and other (income) expense, net was $218,000 in the first six months of 2013, including $1,958,000 of restructuring costs and a $1,740,000 gain on the sale of assets, and $307,000 in the first six months of 2012.
Restructuring Costs
The Company recorded acquisition-related restructuring costs of $1,958,000 in the second quarter of 2013, including $1,330,000 associated with the reduction of 22 employees in Brazil and $628,000 associated with the reduction of 25 employees in Sweden. These actions were taken to streamline the Company's operations as a result of the recent acquisitions. All of these items occurred in the Papermaking Systems segment.

A summary of the changes in accrued restructuring costs included in other current liabilities in the accompanying condensed consolidated balance sheet is as follows:

(In thousands) 
 
Severance Costs
 
Provision
 
$
1,958
 
Currency translation
  
(92
)
Balance at June 29, 2013
 
$
1,866
 

Other (Income) Expense
Other income consisted of a pre-tax gain of $1,740,000 from the sale of real estate in China in the second quarter of 2013. Other expense consisted of accelerated depreciation of $307,000 in the first six months of 2012 associated with the disposal of equipment in China related to a facility consolidation.