RESTRUCTURING (Tables)

3 Months Ended

Mar. 31, 2013

Schedule of total restructuring charges incurred to date and the total expected restructuring charges

The table below details the Company’s total net restructuring charges incurred to date and the total net expected restructuring charges as of March 31, 2013:

	2011		2012		Q1 ‘13			Total		Total
	Actual		Actual		Actual			Incurred		Projected
Capital expenditures:
Gearing	$	5	$	2,072	$	359		$	2,436	$	5,059
Corp.	—		524		277			801		801
Total capital expenditures	5		2,596		636			3,237		5,860

Cash expenses:
Cost of sales:
Gearing	131		308		157			596		3,120
Services	—		225		119			344		444
Total cost of sales	131		533		276			940		3,564

Selling, general, and administrative expenses:
Towers	—		130		78			208		208
Gearing	35		520		65			620		620
Services	—		40		—			40		40
Corporate	406		49		458			913		913
Total selling, general and administrative expenses	441		739		601			1,781		1,781

Other - Towers expected gain on Brandon Facility:	—		—		—			—		(3,400		)
Non-cash expenses:
Towers	—		—		290			290		290
Gearing	247		1,166		179			1,592		4,652
Services	—		58		(15		)	43		43
Corporate	50		—		—			50		50
Total non-cash expenses	297		1,224		454			1,975		5,035
Grand total	$	874	$	5,092	$	1,967		$	7,933	$	12,840

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

+ References+ Details