XML 62 R16.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Restructuring | 9 Months Ended
--- | ---
Jun. 29, 2012
Restructuring Reserve [Abstract] |
Restructuring | ###### 1 1 RESTRUCTURING On July 11, 2012, the Company announced plans to restructure Watercraft product sales and distribution in Europe and to consolidate all of its U.S. operations at a single location in Old Town, Maine. The Company believes this plan will enhance the competitiveness and profit potential of its Watercraft business. This action will result in the closure of sales offices in France and the U.K. and closure of a marketing and R&D facility in Bellingham, Washington and the elimination of approximately 28 positions in the U.S. and Europe. These charges are included in the “Administrative management, finance and information systems” line in the Company’s condensed consolidated statements of operations in the Watercraft segment. The restructuring accrual is included in the “Other current liabilities” line in the Company’s Condensed Consolidated Balance Sheet. In addition, the Company increased its reserve for bad debts by $310 as a result of this action. The Company expects the total cost of this restructuring to be approximately $2,200 and to be completed over the next 12 months.
The following table presents changes in the accrual related to this restructuring project through June 29, 2012.
|  | Employee Termination Costs |  | Contract Exit Costs |  | Other Exit Costs |  | Total
Accrued restructuring liabilities as of September 30, 2011 | $ | - | $ | - | $ | - | $ | -
Activity during the period ended June 29, 2012: |  |  |  |  |  |  |  |
Charges to earnings |  | 488 |  | 316 |  | 84 |  | 888
Settlement payments |  | - |  | - |  | - |  | -
Accrued restructuring liabilities as of June 29, 2012 | $ | 488 | $ | 316 | $ | 84 | $ | 888
##

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

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