Memorex 2012 Annual Report Download - page 70
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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
2012 Activity
The following table summarizes 2012 restructuring and other activity by restructuring program:
2012
GPI
Program
2011
Corporate
Strategy
Program Other Total
(In millions)
Restructuring
Severance and related .................................. $13.9 $3.0 $ — $16.9
Lease termination costs ................................. 0.1 0.5 — 0.6
Other ............................................... 0.9 0.7 0.6 2.2
Gain on sale of fixed asset held for sale ..................... — — (0.7) (0.7)
Total restructuring ................................... 14.9 4.2 (0.1) 19.0
Other
Contingent consideration fair value adjustment ................ — — (8.6) (8.6)
Intangible asset abandonment ............................ — — 1.9 1.9
Pension settlement/curtailment ............................ — — 2.4 2.4
Acquisition and integration costs ........................... — — 3.7 3.7
Other ............................................... — — 2.7 2.7
Total ............................................. $14.9 $4.2 $ 2.0 $21.1
2011 Activity
The following table summarizes 2011 restructuring and other activity by restructuring program:
2011
Manufacturing
Redesign
Program
2011
Corporate
Strategy
Program Other Total
(In millions)
Restructuring
Severance and related .............................. $— $ 7.0 $ — $ 7.0
Lease termination costs ............................. 0.3 3.0 — 3.3
Other ........................................... 0.9 0.2 — 1.1
Total restructuring ............................... 1.2 10.2 — 11.4
Other
Pension settlement/curtailment ........................ — — 2.5 2.5
Asset disposals ................................... — — 7.0 7.0
Acquisition and integration costs ....................... — — 2.6 2.6
Other ........................................... — — (2.0) (2.0)
Total ......................................... $1.2 $10.2 $10.1 $21.5
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