ASSETS HELD FOR SALE AND NET LOSS ON DISPOSITION OF ASSETS AND OTHER IMPAIRMENTS AND EXIT CHARGES

3 Months Ended

Mar. 31, 2012

ASSETS HELD FOR SALE AND NET LOSS ON DISPOSITION OF ASSETS AND OTHER IMPAIRMENTS AND EXIT CHARGES [Abstract]

ASSETS HELD FOR SALE AND NET LOSS ON DISPOSITION OF ASSETS AND OTHER IMPAIRMENTS AND EXIT CHARGES

E.  ASSETS HELD FOR SALE AND NET LOSS ON DISPOSITION OF ASSETS AND OTHER IMPAIRMENTS AND EXIT CHARGES

Included in "Assets held for sale" on our Consolidated Condensed Balance Sheets are certain property, plant and equipment totaling $7.5 million on March 26, 2011. The assets held for sale consist of certain vacant land and facilities we previously closed to better align manufacturing capacity with the current business environment.  The fair values were determined based on appraisals or recent offers to acquire assets.  These and other idle assets were evaluated based on the requirements of ASC 360, which resulted in impairment and other exit charges included in "Net loss on disposition of assets, early retirement and other impairment and exit charges" for the periods presented below. These amounts include the following, separated by reporting segment (in thousands):

	Three Months Ended March 31, 2012											Three Months Ended March 26, 2011
	Eastern and Western			Site- Built			All Other		Total			Eastern and Western			Site- Built			All Other			Total
Severances and early retirement	$	84		$	2		$	34	$	120		$	115		$	9		$	24		$	148
Property, plant and equipment		(36	)		(28	)		41		(23	)		(107	)		(4	)		(30	)		(141	)
Loss (gain) on impairment or sale of real estate		(2	)							(2	)
Total	$	46		$	(26	)	$	75	$	95		$	8		$	5		$	(6	)	$	7

The changes in assets held for sale are as follows (in thousands):

Description	Net Book Value
Assets held for sale as of December 25, 2010	$	2,446
Additions		5,082
Assets held for sale as of March 26, 2011	$	7,528