Sunbeam 2011 Annual Report Download - page 68

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66
Notes to Consolidated Financial Statements
Jarden Corporation Annual Report 2011 (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 2011 and 2009 are as follows:
2011
(In millions)
Employee
Terminations
Other
Charges Impairment 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
$ 10.0 $ 13.4 $ — $ 23.4
2009
(In millions)
Employee
Terminations
Other
Charges Impairment Total
Outdoor Solutions $ 23.5 $ 20.8 $ 4.2 $ 48.5
Consumer Solutions 2.9 0.9 — 3.8
$ 26.4 $ 21.7 $ 4.2 $ 52.3
Outdoor Solutions Segment Reorganization Costs
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.
In 2009, the Company initiated plans to rationalize the overall cost structure of the Outdoor Solutions segment through headcount
reductions and facility consolidation. These plans consist of restructuring the Company’s domestic and European paintball
operations, realigning distribution and warehouse facilities both domestically and in Europe, rationalizing manufacturing operations
in the Far East and integrating various 2009 tuck-in acquisitions. Employee termination charges for 2009 primarily relate to the
implementation of these plans.
For 2011, other charges are primarily comprised of contract termination fees. For 2009, other charges include lease and moving
costs ($6.2), contract termination fees ($4.3), professional fees ($4.0) and other costs ($6.3). The impairment charges recorded in 2009
relate to the write-down of certain fixed assets.
Consumer Solutions Segment Reorganization Costs
During 2009, the Company initiated plans to rationalize the overall cost structure of the Consumer Solutions segment primarily
through headcount reductions. Employee termination charges for 2009 primarily relate to these plans. For 2011, other costs relate to
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.