Restructuring Charges:

In 2011 the Company announced its plans to restructure the European sales structure to establish a distributor organization to serve smaller customers. Costs related to the reorganization are included in the Global Services segment.

In September 2009 the Company announced its plans to close the Lawrence, Kansas plant, and transfer the majority of the production lines to the Ames, Iowa and Freeport, Illinois locations to reduce costs and increase efficiencies. Costs related to the Lawrence plant closing are included in the Work Function and Stand-Alone Businesses segments. This project was completed in 2010.

In June 2009 the Company sold its AC electric motor business related to the material handling market. The losses related to the sale of the business, as discussed in Note 2, of approximately $1,500 and $4,400 in 2011 and 2010, respectively, are not included in the restructuring charges below.

The following table summarizes the restructuring charges incurred, as well as the cumulative charges incurred on these projects.



	Work Function		Stand-Alone Businesses		Global Services		Total
Charges incurred in 2012	$	—	$	—	$	1,132	$	1,132
Charges incurred in 2011	—		—		4,663		4,663
Charges incurred in 2010	4,012		1,805		—		5,817
Cumulative charges incurred	5,811		3,705		5,795		15,311

The restructuring costs incurred are reported in the consolidated statements of operations as detailed in the following table:



	Cost of Sales		Selling, General and Administrative Expenses		Loss on Asset Disposals		Total
Charges incurred in 2012	$	42	$	1,090	$	—	$	1,132
Charges incurred in 2011	540		4,123		—		4,663
Charges incurred in 2010	3,075		472		2,270		5,817
Cumulative charges incurred	7,356		5,685		2,270		15,311

The following table summarizes the restructuring charges incurred and the activity in accrued liabilities during 2012, 2011 and 2010.



	Employee Termination Costs			Building and Lease Cancellation Costs			Accelerated Depreciation and Loss on Asset Disposals			Equipment Moving Costs			Other			Total
Balance as of January 1, 2010	$	851		$	555		$	—		$	—		$	—		$	1,406
Charges to expense	—			—			2,767			812			2,238			5,817
Payments made / other	(851		)	(555		)	(2,767		)	(812		)	(2,238		)	(7,223		)
Balance as of December 31, 2010	—			—			—			—			—			—
Charges to expense	4,180			—			—			—			483			4,663
Payments made / other	—			—			—			—			—			—
Balance as of December 31, 2011	4,180			—			—			—			483			4,663
Charges to expense	670			—			280			—			182			1,132
Payments made / other	$	(943	)	$	—		$	(280	)	$	—		$	(535	)	$	(1,758	)
Balance as of December 31, 2012 (1)	$	3,907		$	—		$	—		$	—		$	130		$	4,037

(1) The $3,907 of accrued employee termination costs will be paid through 2014. The $130 of other accrued costs relating to professional fees will be paid in 2013.