Income Taxes (Tables)

6 Months Ended

Jun. 30, 2013

Income Taxes [Abstract]

Schedule of Components of Income Tax Expense

The following table presents components of income tax expense/(benefit) for the three and six month periods ended June 30, 2013 and 2012:

	Three months ended June 30,				Six months ended June 30,
(in thousands)	2013		2012		2013	2012
Income tax based on income from continuing operations, at estimated tax rates of 39.0% and 26.5%, respectively	($3,616	)	$6,133		$3,310	$5,896
Pension plan settlement	-		(37,047	)	-	(39,460	)
Tax rate adjustment on pension plan settlement	-		886		-	-
Provision for change in estimated tax rates	888		(297	)	-	-
Income tax before discrete items	(2,728	)	(30,325	)	3,310	(33,564	)
Discrete tax expense/(benefit):
Provision for/resolution of tax audits and     contingencies, net	425		682		425	(6,051	)
Repatriation of non-U.S. prior year earnings	186		-		186	-
Adjustments to prior period tax liabilities	(126	)	-		84	-
Total income tax expense/(benefit)	($2,243	)	($29,643	)	$4,005	($39,615	)