Restructuring

6 Months Ended

Jun. 30, 2012

Restructuring [Abstract]

Restructuring

5. Restructuring

Restructuring expenses in 2012 were principally related to a reduction in workforce in Sweden and the previously announced curtailment of manufacturing in New York and Wisconsin. Those costs were partially offset by a reduction in accruals related to the relocation of the Company's headquarters.

The following tables summarize charges reported in the Statement of Operations under "Restructuring and other, net" for 2012 and 2011:

	Three months ended		Six months ended
	June 30,		June 30,
(in thousands)	2012	2011	2012	2011
Machine Clothing	$2,903	$572	$3,576	$605
Engineered Composites	-	44	-	57
Unallocated expenses	249	1,115	(166)	1,103
Total	$3,152	$1,731	$3,410	$1,765

Six months ended June 30, 2012	Total restructuring costs incurred	Termination and other costs	Impairment of plant and equipment
(in thousands)
Machine Clothing	$3,576	$3,576	$ -
Engineered Composites	-	-	-
Unallocated expenses	(166)	380	(546)
Total	$3,410	$3,956	$(546)
Six months ended June 30, 2011	Total restructuring costs incurred	Termination and other costs	Impairment of plant and equipment
(in thousands)
Machine Clothing	$605	$605	$ -
Engineered Composites	57	57	-
Unallocated expenses	1,103	1,103	-
Total	$1,765	$1,765	$ -

The tables below present year-to-date summaries of changes in restructuring liabilities for 2012 and 2011:

(in thousands)	Restructuring charges accrued December 31, 2011	New accruals	Payments	Currency translation/ other	Restructuring charges accrued June 30, 2012
Termination costs	$6,979	$3,830	($2,778)	($243)	$7,788

(in thousands)	Restructuring charges accrued December 31, 2010	New accruals	Payments	Currency translation/ other	Restructuring charges accrued June 30, 2011
Termination costs	$2,809	1,645	($1,502)	$135	$3,087

We expect that substantially all accruals for restructuring liabilities as of June 30, 2012 will be paid within one year.