These excerpts taken from the DBD 10-K filed Feb 27, 2009. Newark
Plan
During the second quarter of 2008, the Company announced a plan
(Newark plan) to close its manufacturing facility in Newark,
Ohio as part of its continued focus on its strategic global
manufacturing realignment. As of December 31, 2008, the
Company anticipates remaining total costs related to the closure
of this facility to be approximately $1,300. The Company
anticipates the closure of this facility to be substantially
complete by the end of the first quarter of 2009. For the year
ended December 31, 2008, the Company incurred $9,125
through product cost of sales.
There were no restructuring expenses related to the
Companys DI and ES & Other operating segments
during the year ended December 31, 2008 for the Newark
Plan. Restructuring expenses for the Newark Plan are presented
in the following table:
The restructuring accrual related to the Newark plan is
presented in the following table:
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DIEBOLD
INCORPORATED AND SUBSIDIARIES
FORM 10-K as of December 31, 2008 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued) (in thousands, except per share amounts) Newark
Plan
During the second quarter of 2008, the Company announced a plan
(Newark plan) to close its manufacturing facility in Newark,
Ohio as part of its continued focus on its strategic global
manufacturing realignment. As of December 31, 2008, the
Company anticipates remaining total costs related to the closure
of this facility to be approximately $1,300. The Company
anticipates the closure of this facility to be substantially
complete by the end of the first quarter of 2009. For the year
ended December 31, 2008, the Company incurred $9,125
through product cost of sales.
There were no restructuring expenses related to the
Companys DI and ES & Other operating segments
during the year ended December 31, 2008 for the Newark
Plan. Restructuring expenses for the Newark Plan are presented
in the following table:
The restructuring accrual related to the Newark plan is
presented in the following table:
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Table of Contents
DIEBOLD
INCORPORATED AND SUBSIDIARIES
FORM 10-K as of December 31, 2008 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued) (in thousands, except per share amounts) | EXCERPTS ON THIS PAGE:
RELATED TOPICS for DBD: |