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66 Jarden Corporation Annual Report 2012
Notes to Consolidated Financial Statements
Jarden Corporation Annual Report 2012 (Dollars in millions, except per share data and unless otherwise indicated)
16. Reorganization Costs
The Company did not incur any reorganization costs in 2010. Reorganization costs for 2012 and 2011 are as follows:
2012
(In millions)
Employee
Terminations
Other
Charges Total
Outdoor Solutions $ 2.4 $ 10.2 $ 12.6
Consumer Solutions 12.0 2.1 14.1
Branded Consumables 0.4 0.4
Total $ 14.8 $ 12.3 $ 27.1
2011
(In millions)
Employee
Terminations
Other
Charges Total
Outdoor Solutions $ 5.6 $ 7.9 $ 13.5
Consumer Solutions 2.1 2.1
Branded Consumables 3.4 3.0 6.4
Process Solutions 1.0 0.4 1.4
Total $ 10.0 $ 13.4 $ 23.4
Outdoor Solutions Segment Reorganization Costs
During 2012, the Company initiated a plan to reorganize certain manufacturing facilities in the Far East within the winter sport
business. Reorganization costs for 2012 primarily relate to this plan.
During 2011, the Company initiated a plan to consolidate certain international manufacturing processes within the Outdoor
Solutions segment. This plan primarily consists of a facility consolidation in the Far East. During 2011, the Company also initiated a
plan to rationalize the overall cost structure of the Outdoor Solutions segment through headcount reductions. Reorganization costs
for 2011 relate to these plans.
For 2012 and 2011, other charges are primarily comprised of contract termination fees.
Consumer Solutions Segment Reorganization Costs
During 2012, the Company initiated a plan to rationalize the operating processes of certain international operations. This plan
primarily consists of headcount reductions and facility consolidation and relocation. Reorganization costs for 2012 primarily relate to
this plan.
For 2012 and 2011, other charges are primarily comprised of lease terminations.
Branded Consumables Segment Reorganization Costs
During 2011, the Company initiated a plan to consolidate certain manufacturing processes within the Branded Consumables
segment. This plan includes headcount reduction and facility consolidation. During 2011, the Company also initiated a plan to
rationalize the overall cost structure of the Branded Consumables segment through headcount reductions. Reorganization costs for
2011 relate to these plans. For 2011, other costs are primarily comprised of moving costs.