UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): April 17, 2009
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
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Delaware
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001-12561
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36-3601505 |
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.) |
7733 Forsyth Boulevard, Suite 800
St. Louis, Missouri
63105
(Address of Principal Executive Offices, including Zip Code)
(314) 854-8000
(Registrants telephone number, including area code)
n/a
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if this Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 2.05. Costs Associated with Exit or Disposal Activities.
On April 17, 2009, to further manufacturing cost efficiencies, Belden Inc. (the Company)
committed to finalizing certain restructuring plans in Europe. The restructuring actions will
affect approximately 110 employees. A pre-tax charge of approximately
$13 million was recorded,
primarily for severance.
Item 2.06. Material Impairments.
In accordance with the Statement of Financial Accounting Standards No. 144, Accounting for
the Impairment or Disposal of Long-Lived Assets, the Company determined that in connection with
the European restructuring actions noted above an impairment of certain long-lived assets was
required. As a result, an impairment charge of approximately $20 million was recorded to reflect the related
assets at their estimated fair values.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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BELDEN INC.
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Date: April 23, 2009 |
By: |
/s/ Kevin Bloomfield
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Vice President, Secretary and |
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General Counsel |
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