Special charges (Tables)

6 Months Ended

Jun. 30, 2012

Reorganization Costs [Abstract]

Liabilities related to integration

4. Special charges

The Company’s Industrial Products segment incurred severance, personnel and other exit costs related to the planned closing and relocation of one of our smaller distribution centers to a new, significantly larger distribution and call center.  These costs, for the three and six months period ended June 30, 2012, were approximately $1.9 million and $2.2 million, respectively.  These costs were recorded as special charges within the Industrial Products segment.  The Company anticipates incurring minimal additional costs related to this facility closing and relocation.

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, 2012	$	-	$	-	$	-
Charged to expense		281		1,910		2,191
Paid or otherwise settled		(85)		(72)		(157)
Balance June 30, 2012	$	196	$	1,838	$	2,034

The Company’s North America Technology Products segment incurred costs associated with senior staffing changes for which no future services will be rendered and also incurred additional legal and professional fees related to the previously disclosed completed investigation and settlement with a former officer and director and in pursuing related matters.  These combined costs, for the three and six months period ended June 30, 2012, were approximately $0.3 million and $1.9 million, respectively and are included in special charges.