Rationalization Charges (Tables)

6 Months Ended

Jun. 30, 2011

Activity in our rationalization reserves since December 31, 2010 is summarized as follows:

	Employee			Plant			Non-Cash
	Severance			Exit			Asset
	and Benefits			Costs			Write-Down			Total
	(Dollars in thousands)

Balance at December 31, 2010	$	11,056		$	217		$	-		$	11,273

Activity for the Six Months Ended June 30, 2011
Prior Years’ Rationalization Plan Reserves Established		1,990			616			1,495			4,101
Prior Years’ Rationalization Plan Reserves Utilized		(4,254	)		(455	)		(1,495	)		(6,204	)
Currency Translation		800			-			-			800
Total Activity		(1,464	)		161			-			(1,303	)

Balance at June 30, 2011	$	9,592		$	378		$	-		$	9,970

Rationalization Reserves Included in the Condensed Consolidated Balance Sheets

Rationalization reserves are included in the Condensed Consolidated Balance Sheets as follows:

	June 30,		June 30,		Dec. 31,
	2011		2010		2010
	(Dollars in thousands)

Accrued liabilities	$	9,970	$	1,911	$	11,273
Other liabilities		-		2,779		-
	$	9,970	$	4,690	$	11,273

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

+ References+ Details

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References+ Details