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Impairment of Long-lived Asset
3 Months Ended
Mar. 03, 2012
Impairment of Long-lived Asset Disclosure Abstract  
Impairment of Long-lived Asset Disclosure

Note 16: Impairment of Long-lived Asset

 

In 2011 we discontinued production of the polymers used in certain resin products that had been produced in our EIMEA operating segment. As a result, we performed an impairment test on the non-amortizable trademarks and trade names used in resin products. In accordance with accounting standards, we calculated the fair value using a discounted cash flow approach. As a result of this analysis, we recorded an impairment charge of $332 related to the impairment of non-amortizable trademarks and trade names used in the abandoned resin products.