Teledyne Technologies Incorporatedprovides enabling technologies for industrial growth markets. We have evolved from a company that was primarily focused on aerospace and defense to one that serves multiple markets that require advanced technology and high reliability. These markets include deepwater oil and gas exploration and production, oceanographic research, air and water quality environmental monitoring, factory automation and medical imaging. Our products include monitoring instrumentation for marine and environmental applications, harsh environment interconnects, electronic test and measurement equipment, digital imaging sensors and cameras, aircraft information management systems, and defense electronic and satellite communication subsystems. We also supply engineered systems for defense, space, environmental and energy applications. We differentiate ourselves from many of our direct competitors by having a customer and company sponsored applied research center that augments our product development expertise.
Our strategy continues to emphasize growth in our core markets of instrumentation, digital imaging, aerospace and defense electronics and engineered systems. Our core markets are characterized by high barriers to entry and include specialized products and services not likely to be commoditized. We intend to strengthen and expand our core businesses with targeted acquisitions and through product development. We aggressively pursue operational excellence to continually improve our margins and earnings. Operational excellence includes the rapid integration of the businesses we acquire. Using complementary technology across our businesses and internal research and development, we seek to create new products to grow our company and expand our addressable markets. We continue to evaluate our businesses to ensure that they are aligned with our strategy. During 2013, in an effort to reduce ongoing costs and improve operating performance we took actions to consolidate and relocate certain facilities and reduce headcount across various businesses, reducing our exposure to weak end markets and high cost locations. In connection with these efforts, for the first nine months of 2013, we incurred pretax charges totaling
$18.7 millionfor severance and facility consolidation expense and environmental reserves. The charges were comprised of $7.0 millionin severance related costs and $11.7 millionin facility closure and relocation costs, which included $5.3 millionof environmental reserves. The actions we have taken should be substantially complete by year end 2013. Total costs for these actions are expected to be $22.4 millionfor fiscal year 2013. At September 29, 2013, we have $11.1 millionin short-term reserves related to these actions, which includes the $5.3 millionof environmental reserves. Our third quarter 2013 sales were $571.6 million, compared with sales of $547.4 millionfor the same period of 2012, an increase of 4.4%. Net income attributable to Teledynewas $46.8 million( $1.23per diluted share) for the third quarter of 2013, compared with $42.7 million( $1.14per diluted share) for the third quarter of 2012, an increase of 9.6%.