Other Items Impacting Comparability

9 Months Ended

Sep. 30, 2015

Other Income and Expenses [Abstract]

OTHER ITEMS IMPACTING COMPARABILITY

OTHER ITEMS IMPACTING COMPARABILITY

	Three months ended September 30,				Nine months ended September 30,
	2015			2014	2015			2014
	(In thousands)
Pension settlement adjustments	$	(509	)	1,262	$	(509	)	1,262
Professional fees	63			—	3,843			—
Acquisition transaction costs	—			566	—			566
Restructuring and other charges, net and other items	$	(446	)	1,828	$	3,334		1,828

During the three and nine months ended September 30, 2015, we incurred charges of $0.1 million and $3.8 million, respectively, related to professional fees associated with cost savings initiatives. During the three and nine months ended September 30, 2015, we recorded adjustments of $0.5 million to previously recorded estimated pension settlement charges related to the exit from U.S. multi-employer pension plans. These items are reflected within "Selling, general and administrative expenses" in our Consolidated Condensed Statements of Earnings.

During the three and nine months ended September 30, 2014, we recorded estimated pension settlement charges of $1.3 million for the exit of certain U.S. multi-employer pension plans. During the three and nine months ended September 30, 2014, transaction costs related to the Bullwell acquisition were $0.6 million. These items were reflected within "Selling, general and administrative expenses" in our Consolidated Condensed Statements of Earnings.