Restructuring Activities

9 Months Ended

Sep. 30, 2013

Restructuring [Abstract]

Restructuring and Related Activities Disclosure

8. Restructuring Activities

The following table details restructuring charges incurred by segment for the periods presented:

	Three Months Ended September 30,					Nine Months Ended September 30,
	2013		2012			2013		2012
Communication Technologies	$	2,008	$	928		$	14,840	$	2,586
Energy	124		55			1,299		550
Engineered Systems	909		3,190			4,288		4,616
Printing & Identification	1,541		(145		)	2,996		5,415
Total	$	4,582	$	4,028		$	23,423	$	13,167
These amounts are classified in the unaudited Condensed Consolidated Statements of Comprehensive Earnings as follows:
Cost of goods and services	$	239	$	1,454		$	10,566	$	2,440
Selling and administrative expenses	4,343		2,574			12,857		10,727
Total	$	4,582	$	4,028		$	23,423	$	13,167

The restructuring expenses of $4,582 and $23,423 incurred in the three and nine months ended September 30, 2013, respectively, related to restructuring programs initiated during 2013 and 2012. These programs are designed to better align the Company's operations with current market conditions through targeted facility consolidations, headcount reductions and other measures to further optimize operations. The Company expects full-year 2013 restructuring expenses of approximately $27,500 to $32,500 related to these programs. We expect the programs currently underway to be substantially completed in the next twelve to eighteen months.

The $4,582 of restructuring charges incurred during the quarter included the items as described below.

• The Communication Technologies segment incurred restructuring charges of $2,008 relating principally to a facility consolidation in its capacitor business and headcount reductions in connection with integration activities within its consumer electronics business.

• The Energy segment recorded $124 of restructuring charges relating to facility consolidations within the production sector undertaken to optimize cost structure.

• The Engineered Systems segment incurred net restructuring charges of $909 in connection with certain facility consolidations and optimizations and headcount reductions undertaken to optimize its cost structure.

• The Printing & Identification segment incurred restructuring charges of $1,541 relating to exit plans at targeted facilities, which included certain adjustments and offsets to previously recorded reserves.

The following table details the Company’s severance and other restructuring accrual activity:

	Severance			Exit			Total
Balance at December 31, 2012	$	5,160		$	2,601		$	7,761
Restructuring charges	17,640			5,783			23,423
Payments	(12,853		)	(5,446		)	(18,299		)
Other, including foreign currency	(76		)	46			(30		)
Balance at September 30, 2013	$	9,871		$	2,984		$	12,855

The accrual balance at September 30, 2013 primarily reflects restructuring plans initiated during the year, as well as ongoing lease commitment obligations for facilities closed in earlier periods.