Restructuring Costs (Notes)

6 Months Ended

Jun. 30, 2014

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

Restructuring Costs

In 2013, the Company initiated a realignment plan that includes closing six not-to-scale sites in the United States and Europe and transferring those operations to the Company's larger facilities. The Company is also consolidating its optics and laser manufacturing businesses to better realize the benefits of vertical integration in these areas. During the three and six months ended June 30, 2014, the Company recorded net pre-tax restructuring expenses totaling $3.5 million and $12.0 million, respectively. There were no restructuring expenses recorded during the three and six months ended June 30, 2013. The Company recorded the restructuring expenses in the segments as follows (in thousands):

	Three Months Ended June 30,		Six Months Ended June 30,
	2014		2014
Surveillance	$	606	$	4,725
Instruments	2,672		6,196
OEM and Emerging Markets	109		276
Maritime	16		(125		)
Security	—		—
Detection	144		759
Other	—		120
	$	3,547	$	11,951

Restructuring expenses were recorded in the Consolidated Statements of Income as follows (in thousands):

	Three Months Ended June 30,		Six Months Ended June 30,
	2014		2014
Cost of goods sold	$	—	$	590
Restructuring expenses	3,547		11,361
	$	3,547	$	11,951

The following table summarizes the activity by cost type (in thousands):

	Severance and personnel costs			Inventory write downs			Facilities Exit, Lease Terminations & Other			Total
Balance, December 31, 2013	$	18,191		$	—		$	3,670		$	21,861
Additional costs	4,750			590			3,063			8,403
Utilization	(6,340		)	(590		)	(5,744		)	(12,674		)
Balance, March 31, 2014	16,601			—			989			17,590
Additional costs	3,423			—			124			3,547
Utilization	(5,437		)	—			(267		)	(5,704		)
Balance, June 30, 2014	$	14,587		$	—		$	846		$	15,433