Restructuring Reserve And Plant Closures

6 Months Ended

Jul. 02, 2011

Restructuring and Related Activities [Abstract]

Restructuring Reserve and Plant Closures

In connection with office furniture plant closures announced in 2010 and 2009, the Corporation recorded $0.4 million of current period restructuring charges during the quarter ended July 2, 2011.

In connection with the consolidation of production at the hearth products locations, the Corporation recorded $0.1 million of current period restructuring charges during the quarter ended July 2, 2011.

The following is a summary of changes in restructuring accruals during the six months ended July 2, 2011.



(In thousands)	Severance			Facility Exit Costs & Other			Total
Balance as of January 1, 2011	$	2,389		$	243		$	2,632
Restructuring charges	426			1,427			1,853
Cash payments	(871		)	(1,449		)	(2,320		)
Balance as of July 2, 2011	$	1,944		$	221		$	2,165

- 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.

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