Business Realignment and Restructuring (Tables)

6 Months Ended

Jun. 30, 2022

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,
	2022		2021		2022		2021
Control Devices (A)	$	-	$	-	$	-	$	192
Electronics (B)		-		1		-		13
Stoneridge Brazil (C)		-		59		34		59
Unallocated Corporate (D)		-		-		-		42
Total business realignment charges	$	-	$	60	$	34	$	306

(A) Severance costs for the six months ended June 30, 2021 related to SG&A were $192.

(B) Severance costs for the three months ended June 30, 2021 related to D&D were $1. Severance (benefit) costs for the six months ended June 30, 2021 related to SG&A and D&D were $(22) and $35, respectively.

(C) Severance costs for the six months ended June 30, 2022 related to SG&A were $34. Severance costs for the three and six months ended June 30, 2021 related to COGS and SG&A were $7 and $52, respectively.

(D) Severance costs for the six months ended 2021 related to SG&A were $42.

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,
	2022		2021		2022		2021
Cost of goods sold	$	-	$	7	$	-	$	7
Selling, general and administrative		-		52		34		264
Design and development		-		1		-		35
Total business realignment charges	$	-	$	60	$	34	$	306

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		2022 Charge			Utilization			Accrual as of
	January 1, 2022		to Expense		Cash		Non-Cash		June 30, 2022
Employee termination benefits	$	93	$	-	$	(93)	$	-	$	-
Other related costs		-		-		-		-		-
Total	$	93	$	-	$	(93)	$	-	$	-

	Accrual as of		2021 Charge			Utilization			Accrual as of
	January 1, 2021		to Expense		Cash		Non-Cash		June 30, 2021
Employee termination benefits	$	165	$	-	$	(25)	$	-	$	140
Other related costs		-		13		(13)		-		-
Total	$	165	$	13	$	(38)	$	-	$	140

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		2021 Charge to			Utilization			Accrual as of
	January 1, 2021		Expense		Cash		Non-Cash		June 30, 2021
Employee termination benefits	$	227	$	50	$	(212)	$	-	$	65
Other related costs		-		170		(170)		-		-
Total	$	227	$	220	$	(382)	$	-	$	65

Control Devices [Member] | Particulate Matter Product Line Strategic Exit [Member]

Schedule of Restructuring and Related Costs

The expenses and liabilities for the exit of the PM sensor line that relate to the Control Devices reportable segment include the following:

	Accrual as of		2022 Charge			Utilization			Accrual as of
	January 1, 2022		to Expense		Cash		Non-Cash		June 30, 2022
Fixed asset impairment and accelerated depreciation	$	-	$	-	$	-	$	-	$	-
Employee termination benefits		35		-		(35)		-		-
Other related costs		-		-		-		-		-
Total	$	35	$	-	$	(35)	$	-	$	-

	Accrual as of		2021 Charge			Utilization			Accrual as of
	January 1, 2021		to Expense		Cash		Non-Cash		June 30, 2021
Fixed asset impairment and accelerated depreciation	$	-	$	185	$	-	$	(185)	$	-
Employee termination benefits		-		76		(76)		-		-
Other related costs		-		1,393		(1,393)		-		-
Total	$	-	$	1,654	$	(1,469)	$	(185)	$	-