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Business Realignment and Restructuring (Tables)
3 Months Ended
Mar. 31, 2020
Schedule of Restructuring and Related Costs

Business realignment charges by reportable segment were as follows:

​

​

​

​

​

​

​

​

Three months ended March 31,

    

2020

    

2019

​

Control Devices (A)

​

$

377

​

$

522

​

Stoneridge Brazil (B)

​

​

153

​

​

-

​

Unallocated Corporate (C)

​

​

74

​

​

613

​

Total business realignment charges

​

$

604

​

$

1,135

​

​

(A)Severance costs for the three months ended March 31, 2020 related to SG&A were $377. Severance costs for the three months ended March 31, 2019 related to SG&A and D&D were $512 and $10, respectively.
(B)Severance costs for the three months ended March 31, 2020 related to COGS and SG&A were $86 and $67, respectively.
(C)Severance costs for the three months ended March 31, 2020 and 2019 related to SG&A were $74 and $613, respectively.
Schedule of Business Realignment Charges Classified by Statement of Operations

Business realignment charges classified by statement of operations line item were as follows:

​

​

​

​

​

​

​

​

Three months ended March 31,

    

2020

    

2019

​

Cost of goods sold

​

$

86

​

$

-

​

Selling, general and administrative

​

​

518

​

​

1,125

​

Design and development

​

​

-

​

​

10

​

Total business realignment charges

​

$

604

​

$

1,135

​

Canton Facility Restructuring Plan [Member]  
Schedule of Restructuring and Related Costs

The expenses for the Canton Restructuring that relate to the Control Devices reportable segment include the following:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Accrual as of

​

2020 Charge

​

​

Utilization

​

Accrual as of

​

​

January 1, 2020

​

to Expense

​

Cash

​

Non-Cash

​

March 31, 2020

Employee termination benefits

​

$

2,636

​

$

1,118

​

$

(3,437)

​

$

-

​

$

317

Other related costs

​

​

-

​

​

1,104

​

​

(1,104)

​

​

-

​

​

-

Total

​

$

2,636

​

$

2,222

​

$

(4,541)

​

$

-

​

$

317

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Accrual as of

​

2019 Charge

​

​

Utilization

​

Accrual as of

​

​

January 1, 2019

​

to Expense

​

Cash

​

Non-Cash

​

March 31, 2019

Employee termination benefits

​

$

-

​

$

1,980

​

$

-

​

$

-

​

$

1,980

Other related costs

​

​

-

​

​

245

​

​

(245)

​

​

-

​

​

-

Total

​

$

-

​

$

2,225

​

$

(245)

​

$

-

​

$

1,980

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Electronics [Member]  
Schedule of Restructuring and Related Costs

The expenses for the restructuring activities that relate to the Electronics reportable segment include the following:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Accrual as of

​

2020 Charge to

​

​

Utilization

​

Accrual as of

​

​

January 1, 2020

​

Expense

​

Cash

​

Non-Cash

​

March 31, 2020

Employee termination benefits

​

$

52

​

$

-

​

$

-

​

$

-

​

$

52

Other related costs

​

​

-

​

​

7

​

​

(7)

​

​

-

​

​

-

Total

​

$

52

​

$

7

​

$

(7)

​

$

-

​

$

52

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Accrual as of

​

2019 Charge to

​

​

Utilization

​

Accrual as of

​

​

January 1, 2019

​

Expense (Income)

​

Cash

​

Non-Cash

​

March 31, 2019

Employee termination benefits

​

$

520

​

$

(15)

​

$

(456)

​

$

-

​

$

49

Accelerated depreciation

​

​

-

​

​

98

​

​

-

​

​

(98)

​

​

-

Contract termination costs

​

​

17

​

​

16

​

​

(33)

​

​

-

​

​

-

Other related costs

​

​

119

​

​

117

​

​

(236)

​

​

-

​

​

-

Total

​

$

656

​

$

216

​

$

(725)

​

$

(98)

​

$

49

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​