Business Realignment and Restructuring (Tables)

9 Months Ended

Sep. 30, 2020

Schedule of Restructuring and Related Costs

Business realignment charges by reportable segment were as follows:

		Three months ended				Nine months ended
		September 30,				September 30,
	2020		2019		2020		2019
Control Devices (A)	$	283	$	(37)	$	1,702	$	512
Electronics (B)		105		-		1,410		-
Stoneridge Brazil (C)		12		-		165		-
Unallocated Corporate (D)		1		392		311		1,005
Total business realignment charges	$	401	$	355	$	3,588	$	1,517

(A) Severance costs for the three months ended September 30, 2020 related to COGS, D&D and SG&A were $70, $35 and $178. Severance benefit for the three months ended September 30, 2019 related to COGS and D&D were $(27) and $(10). Severance costs for the nine months ended September 30, 2020 related to COGS, D&D and SG&A were $673, $284 and $745, respectively. Severance costs for the nine months ended September 30, 2019 related to SG&A were $512.

(B) Severance costs for the three months ended September 30, 2020 related to COGS and SG&A were $33 and $72, respectively. Severance costs for the nine months ended September 30, 2020 related to COGS, D&D and SG&A were $356, $228 and $826, respectively.

(C) Severance costs for the three months ended September 30, 2020 related to SG&A were $12. Severance costs for the nine months ended September 30, 2020 related to COGS and SG&A were $86 and $79, respectively.

(D) Severance costs for the three months ended September 30, 2020 and 2019 related to SG&A were $1 and $392, respectively. Severance costs for the nine months ended September 30, 2020 and 2019 related to SG&A were $311 and $1,005, 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				Nine months ended
		September 30,				September 30,
	2020		2019		2020		2019
Cost of goods sold	$	103	$	(27)	$	1,115	$	-
Selling, general and administrative		263		392		1,961		1,517
Design and development		35		(10)		512		-
Total business realignment charges	$	401	$	355	$	3,588	$	1,517

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		September 30, 2020
Fixed asset impairment and accelerated depreciation	$	-	$	2,824	$	-	$	(2,824)	$	-
Other related costs		-		70		(70)		-		-
Total	$	-	$	2,894	$	(70)	$	(2,824)	$	-

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		September 30, 2020
Employee termination benefits	$	2,636	$	1,119	$	(3,546)	$	-	$	209
Other related costs		-		1,762		(1,762)		-		-
Total	$	2,636	$	2,881	$	(5,308)	$	-	$	209

	Accrual as of		2019 Charge			Utilization			Accrual as of
	January 1, 2019		to Expense		Cash		Non-Cash		September 30, 2019
Employee termination benefits	$	-	$	6,967	$	(1,371)	$	-	$	5,596
Other related costs		-		2,308		(2,308)		-		-
Total	$	-	$	9,275	$	(3,679)	$	-	$	5,596

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		September 30, 2020
Employee termination benefits	$	52	$	961	$	(743)	$	-	$	270
Contract termination costs		-		452		(452)		-		-
Other related costs		-		782		(782)		-		-
Total	$	52	$	2,195	$	(1,977)	$	-	$	270

	Accrual as of		2019 Charge to			Utilization			Accrual as of
	January 1, 2019		Expense (Income)		Cash		Non-Cash		September 30, 2019
Employee termination benefits	$	520	$	(30)	$	(442)	$	3	$	51
Accelerated depreciation		-		289		-		(289)		-
Contract termination costs		17		24		(41)		-		-
Other related costs		119		186		(305)		-		-
Total	$	656	$	469	$	(788)	$	(286)	$	51