XML 34 R22.htm IDEA: XBRL DOCUMENT v3.5.0.2
Rationalization Charges (Tables)
9 Months Ended
Sep. 30, 2016
Restructuring and Related Activities [Abstract]  
Activity in Rationalization Plan Reserves
Rationalization charges by business segment were as follows:
 
Three Months Ended
 
Nine Months Ended
 
Sept. 30, 2016
 
Sept. 30, 2015
 
Sept. 30, 2016
 
Sept. 30, 2015
 
(Dollars in thousands)
Metal containers
$
4,280

 
$

 
$
8,333

 
$

Closures
64

 
205

 
482

 
1,351

Plastic containers
3,477

 
8,865

 
5,114

 
9,403

 
$
7,821

 
$
9,070

 
$
13,929

 
$
10,754


Activity in reserves for our rationalization plans for the nine months ended September 30 was as follows:
 
Employee
Severance
and Benefits
 
Non-Cash Retirement Benefits
 
Plant
Exit
Costs
 
Non-Cash
Asset
Write-Down
 
Total
 
(Dollars in thousands)
Balance at December 31, 2015
$
3,026

 
$

 
$
268

 
$

 
$
3,294

Charged to expense
2,754

 
3,080

 
3,906

 
4,189

 
13,929

Utilized and currency translation
(4,418
)
 
(3,080
)
 
(1,474
)
 
(4,189
)
 
(13,161
)
Balance at September 30, 2016
$
1,362

 
$

 
$
2,700

 
$

 
$
4,062