Business Realignment and Restructuring (Tables)

6 Months Ended

Jun. 30, 2020

Schedule of Restructuring and Related Costs

Business realignment charges by reportable segment were as follows:

		Three months ended				Six months ended
		June 30,				June 30,
	2020		2019		2020		2019
Control Devices (A)	$	1,042	$	27	$	1,419	$	549
Electronics (B)		1,305		-		1,305		-
Stoneridge Brazil (C)		-		-		153		-
Unallocated Corporate (D)		236		-		310		613
Total business realignment charges	$	2,583	$	27	$	3,187	$	1,162

(A) Severance costs for the three months ended June 30, 2020 related to COGS, D&D and SG&A were $603, $249 and $190. Severance costs for the three months ended June 30, 2019 related to COGS were $27. Severance costs for the six months ended June 30, 2020 related to COGS, D&D and SG&A were $603, $249 and $567, respectively. Severance costs for the six months ended June 30, 2019 related to SG&A, D&D and COGS were $512, $10 and $27, respectively.

(B) Severance costs for the three and six months ended June 30, 2020 related to COGS, D&D and SG&A were $323, $228 and $754 respectively.

(C) Severance costs for the six months ended June 30, 2020 related to COGS and SG&A were $86 and $67, respectively.

(D) Severance costs for the three months ended June 30, 2020 related to SG&A were $236. Severance costs for the six months ended June 30, 2020 and 2019 related to SG&A were $310 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				Six months ended
		June 30,				June 30,
	2020		2019		2020		2019
Cost of goods sold	$	926	$	27	$	1,012	$	27
Selling, general and administrative		1,180		-		1,698		1,125
Design and development		477		-		477		10
Total business realignment charges	$	2,583	$	27	$	3,187	$	1,162

Particulate Matter Product Line Strategic Exit [Member]

Schedule of Restructuring and Related Costs

The expenses for the exit of the PM sensor line 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		June 30, 2020
Non-cash fixed asset charges	$	-	$	2,482	$	-	$	(2,482)	$	-
Other related costs		-		70		(70)		-		-
Total	$	-	$	2,552	$	(70)	$	(2,482)	$	-

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		June 30, 2020
Employee termination benefits	$	2,636	$	1,119	$	(3,755)	$	-	$	-
Other related costs		-		1,564		(1,564)		-		-
Total	$	2,636	$	2,683	$	(5,319)	$	-	$	-

	Accrual as of		2019 Charge			Utilization			Accrual as of
	January 1, 2019		to Expense		Cash		Non-Cash		June 30, 2019
Employee termination benefits	$	-	$	4,603	$	(459)	$	-	$	4,144
Other related costs		-		1,065		(1,065)		-		-
Total	$	-	$	5,668	$	(1,524)	$	-	$	4,144

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		June 30, 2020
Employee termination benefits	$	52	$	863	$	(319)	$	-	$	596
Contract termination costs		-		452		(452)		-		-
Other related costs		-		313		(313)		-		-
Total	$	52	$	1,628	$	(1,084)	$	-	$	596

	Accrual as of		2019 Charge to			Utilization			Accrual as of
	January 1, 2019		Expense (Income)		Cash		Non-Cash		June 30, 2019
Employee termination benefits	$	520	$	(30)	$	(441)	$	3	$	52
Accelerated depreciation		-		195		-		(195)		-
Contract termination costs		17		27		(44)		-		-
Other related costs		119		120		(239)		-		-
Total	$	656	$	312	$	(724)	$	(192)	$	52