Cost Reduction and Manufacturing Capacity Rationalization

12 Months Ended

Dec. 31, 2019

Restructuring and Related Activities [Abstract]

Cost Reduction and Manufacturing Capacity Rationalization

During 2019, the Company began implementing cost reduction and manufacturing capacity rationalization initiatives (the "Restructuring Initiatives") in response to declines in end market volumes. These actions were initiated in 2019 and are expected to continue through 2020. The Restructuring Initiatives consist primarily of headcount reductions in each segment and at corporate, as well as other costs associated with transfer of production and subsequent closure of facilities.

Total pre-tax costs associated with these actions are estimated to be $5 million to $7 million and are expected to lower operating costs beginning in the first quarter of 2020. A summary of the costs incurred in the year ended December 31, 2019 follows:



	2019
	Employee Costs		Facility Exit and Other Costs		Total
Electrical Systems	$	1,820	$	339	$	2,159
Global Seating	489		—		489
Corporate	310		—		310
Total	$	2,619	$	339	$	2,958

Of the $3.0 million incurred in the year ended December 31, 2019, $2.2 million was recorded in cost of revenues and $0.8 million was recorded in selling, general and administrative expenses.