Business Exit and Reorganization Costs

6 Months Ended

Jun. 30, 2011

Business Exit and Reorganization Costs [Abstract]

6.	Reorganization Costs

In 2010, the Company's WStore France subsidiary incurred integration related charges of approximately $3.7 million for severances and other costs related to the merger of its Misco and WStore operations. These costs were recorded in selling, general and administrative expenses within the Technology Products segment. Other costs totaling $0.3 million were recorded in selling, general and administrative expenses within the Corporate and other segment in fiscal year 2010. The Company anticipates incurring minimal additional costs related to this integration.

The following table details the associated liabilities incurred related to this plan (in thousands):

	Severance and Personnel Costs			Other Exit Costs			Total
Balance January 1, 2010	$	-		$	-		$	-
Charged to expense		2,975			1,030			4,005
Paid or otherwise settled		(1,923	)		(946	)		(2,869	)
Balance December 31, 2010	$	1,052		$	84		$	1,136
Charged to expense		-			-			-
Paid or otherwise settled		(881)			(84	)		(965	)
Balance June 30, 2011	$	171		$	-		$	171

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References+ Details