XML 36 R25.htm IDEA: XBRL DOCUMENT v3.4.0.3
Subsequent Events
3 Months Ended
Mar. 31, 2016
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events

On May 2, 2016, the Company announced plans, pending negotiations with the hourly employees' union representative, to consolidate its North American seat production into two North American facilities and cease seat production in its Piedmont, Alabama facility. The transfer of seat production is a part of the Company's ongoing restructuring plan discussed in Footnote 17. The Company will continue to maintain a presence in Piedmont for our Aftermarket distribution channel. We anticipate restructuring charges of $3.0 million to $4.0 million to be incurred between the second and fourth quarters of 2016, consisting of employee related costs of $1.0 million to $1.5 million, capital expenditures of $0.3 million to $0.5 million, and facility and other contractual costs of $1.7 million to $2.0 million.