XML 55 R11.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Restructuring | 9 Months Ended
--- | ---
Sep. 30, 2012
Restructuring [Abstract] |
Restructuring | 5. Restructuring Restructuring expenses in 2012 were principally related to a reduction in workforce in Sweden and the previously announced curtailment of manufacturing in New York and Wisconsin. Those costs were partially offset by a reduction in accruals related to the relocation of the Company's headquarters. The restructuring activities in Sweden are related to lower demand for paper machine clothing in Europe. The following tables summarize charges reported in the Statement of Income under "Restructuring and other, net" for 2012 and 2011:
| Three months ended | Nine months ended
| September 30, | September 30,
(in thousands) | 2012 | 2011 | 2012 | 2011
Machine Clothing | $2,739 | $2,610 | $6,315 | $3,215
Engineered Composites | - | - | - | 57
Unallocated expenses | - | 81 | (166) | 1,184
Total | $2,739 | $2,691 | $6,149 | $4,456
Nine months ended September 30, 2012 | Total restructuring costs incurred | Termination and other costs | Impairment of plant and equipment | Benefit plan charge
(in thousands)
Machine Clothing | $6,315 | $6,315 | $ - | $ -
Engineered Composites | - | - | - | -
U nallocated expenses | (166) | 380 | (546) | -
Total | $6,149 | $6,695 | ($546) | $ -
Nine months ended September 30, 2011 | Total restructuring costs incurred | Termination and other costs | Impairment of plant and equipment | Benefit plan charge
(in thousands)
Machine Clothing | $3,215 | $2,901 | $89 | $225
Engineered Composites | 57 | 57 | - | -
U nallocated expenses | 1,184 | 1,184 | - | -
Total | $4,456 | $4,142 | $89 | $225
The tables below present year-to-date summaries of changes in restructuring liabilities for 2012 and 2011:
(in thousands) | Restructuring charges accrued December 31, 2011 | New accruals | Payments | Currency translation/ other | Restructuring charges accrued September 30, 2012
Termination costs | $6,979 | $6,579 | ($6,395) | $6 | $7,169
(in thousands) | Restructuring charges accrued December 31, 2010 | New accruals | Payments | Currency translation/ other | Restructuring charges accrued September 30, 2011
Termination costs | $2,809 | 3,962 | ($2,206) | $46 | $4,611
We expect that substantially all accruals for restructuring liabilities as of September 30, 2012 will be paid within one year.

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 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
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration