XML 57 R12.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Restructuring Costs and Other (Income) Expense, Net | 9 Months Ended
--- | ---
Sep. 28, 2013
Restructuring Costs and Other (Income) Expense, Net [Abstract] |
Restructuring Costs and Other (Income) Expense [Text Block] | The Company's restructuring costs and other (income) expense, net was $263,000 in the first nine months of 2013, including $2,003,000 of restructuring costs and a $1,740,000 gain on the sale of assets, and $307,000 in the first nine months of 2012. Restructuring Costs The Company recorded restructuring costs of $2,003,000 in the first nine months of 2013, including severance costs of $1,330,000 associated with the reduction of 22 employees and facility-related costs of $45,000 in Brazil and severance costs of $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 CBTI and Noss 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) |  | Other Costs |  |  | Severance Costs |  |  | Total Costs |
Provision |  | $ | 45 |  |  | $ | 1,958 |  |  | $ | 2,003 |
Usage |  |  | (46 | ) |  |  | (633 | ) |  |  | (679 | )
Currency translation |  |  | 1 |  |  |  | (86 | ) |  |  | (85 | )
Balance at September 28, 2013 |  | $ | – |  |  | $ | 1,239 |  |  | $ | 1,239 |
The Company expects to pay the remaining accrued restructuring costs by the end of 2014. 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 nine months of 2012 associated with the disposal of equipment in China related to a facility consolidation.

X
- Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 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 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) -URI http://asc.fasb.org/extlink&oid=6394695&loc=d3e140904-122747 Reference 3: 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 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 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration