NOTE 12. RESTRUCTURING

During the three months ended September 30, 2011, we approved and committed to several initiatives to realign our manufacturing and research and development activities. The initiatives under the plan are intended to foster growth and enhance profitability by aligning research and development activities with the location of our customer base and reducing product costs for the Solar Energy business.

We estimate that over the next 12 to 18 months we will incur between $12.0 and $16.0 million related to this plan, including the amounts recognized during the three months ended September 30, 2011 noted below. Of this total approximately $3.5 to 4.0 million relates to severance costs, $0.4 million relates to asset impairments, and $8.0 to $12.0 relates to costs to close facilities and relocate portions of our manufacturing.

Approximately $9.0 to 13.0 million of the charges noted above have resulted in or will result in cash expenditures.

Restructuring charges recognized during the three months ended September 30, 2011 are as follows:


Severance and related costs	$	2,769
Property and equipment impairments		350

Total restructuring charges	$	3,119

Liabilities associated with the restructuring plan and changes during the nine months ended September 30, 2011 are as follows:


	Balance at		Costs incurred		Cost paid or						Balance at
	December 31,		and charged		otherwise			Effect of Change			September 30,
	2010		to expense		settled			in Exchange Rates			2011
Severance and related costs	$	—	$	2,769	$	(707	)	$	(11	)	$	2,051