XML 58 R11.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Restructuring | 3 Months Ended
--- | ---
Mar. 31, 2013
Restructuring [Abstract] |
Restructuring | 5. Restructuring Restructuring expenses in 2013 were principally related to a strategic realignment within Engineered Composites operations. The 2012 restructuring expense was principally due to curtailment of manufacturing in New York and Wisconsin which was related to the lower demand for paper machine clothing. Those costs were partially offset by a reduction in accruals related to the Company's headquarters. The following table summarizes charges reported in the Statements of Income under "Restructuring and other":
|  | Three months ended March 31,
(in thousands) |  | 2013 |  | 2012
Machine Clothing |  | $193 |  |  | $673 |
Engineered Composites |  | 443 |  |  | - |
Unallocated expenses |  | - |  |  | (415 | )
Total |  | $636 |  |  | $258 |
Three months ended March 31, 2013 |  |  |  |  |  |
(in thousands) |  | Total restructuring costs incurred |  | Termination and other costs |  | Impairment of plant and equipment
Machine Clothing |  | $193 |  |  | $193 |  |  | $ - |
Engineered Composites |  | 443 |  |  | 353 |  |  | 90 |
Unallocated expenses |  | - |  |  | - |  |  | - |
Total |  | $636 |  |  | $546 |  |  | $90 |
Three months ended March 31, 2012 |  |  |  |  |  |
(in thousands) |  | Total restructuring costs incurred |  | Termination and other costs |  | Impairment of plant and equipment
Machine Clothing |  | $673 |  |  | $673 |  |  | $ - |
Engineered Composites |  | - |  |  | - |  |  | - |
Unallocated expenses |  | (415 | ) |  | 131 |  |  | (546 | )
Total |  | $258 |  |  | $804 |  |  | ($546 | )
We expect that substantially all accruals for restructuring liabilities will be paid within one year. The table below presents year-to-date changes in restructuring liabilities for 2013 and 2012:
|  | December 31, |  | Restructuring |  |  |  | Currency |  | March 31,
(in thousands) |  | 2012 |  | charges accrued |  | Payments |  | translation/other |  | 2013
Termination costs |  | $4,947 |  |  | $636 |  |  | ($1,716 | ) |  | $71 |  |  | $3,938 |
Total |  | $4,947 |  |  | $636 |  |  | ($1,716 | ) |  | $71 |  |  | $3,938 |
|  | December 31, |  | Restructuring |  |  |  | Currency |  | March 31,
(in thousands) |  | 2011 |  | charges accrued |  | Payments |  | translation/other |  | 2012
Termination costs |  | $6,979 |  |  | $803 |  |  | ($1,536 | ) |  | $59 |  |  | $6,305 |
Total |  | $6,979 |  |  | $803 |  |  | ($1,536 | ) |  | $59 |  |  | $6,305 |

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 SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section P -Subsection 3, 4 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 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 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