Restructuring Activity

3 Months Ended

Mar. 31, 2014

Restructuring and Related Activities [Abstract]

Restructuring Activity

As part of the Company's efforts to adapt operations to market conditions, restructuring activities related to the Company's organizational structure and operations were announced during January of 2013. In October 2013, the Company announced the consolidation of four additional facilities in locations where it has redundant operations as part of its continuous improvement plans to lower structural operating costs. The charges associated with the restructuring activities are primarily included in the Company's Metals segment. Charges for the Company's Other segment, which includes the costs of the executive, legal, and finance departments shared by both the Metals and Plastics segments, are insignificant.

The Company recorded the following restructuring charges during the three months ended March 31, 2014 and 2013:



	Three months ended March 31,
	2014		2013
Employee termination and related benefits	$	—	$	1,398
Moving costs associated with plant consolidations	739		859
Other exit costs	—		42
Inventory write-offs	—		683
Total	$	739	$	2,982

Charges in the three months ended March 31, 2014 consisted of moving costs associated with one of the additional facility consolidations announced in October 2013. Restructuring activity related to the October 2013 announced plant consolidations for the three months ended March 31, 2014 is summarized below:



			Period Activity
	Balance January 1, 2014		Charges ^(a)		Cash payments			Balance March 31, 2014		Cumulative Charges Incurred to Date		Total Charges Expected to be Incurred
Moving costs associated with plant consolidations	$	—	$	739	$	(739	)	$	—	$	1,051	$	2,270
Employee termination and related benefits	129		—		(118		)	11		129		130
Total October 2013 plant consolidations	129		739		(857		)	11		1,180		2,400

^(a)Costs associated with moving and plant consolidations and employee termination and related benefits are recorded to the restructuring charges line item within the condensed consolidated statements of operations and comprehensive loss as they are incurred.

The charges incurred during the three months ended March 31, 2013 were comprised of one-time employee termination and related benefits associated with salaried and hourly workforce reductions, moving costs and other exit costs associated with five plant consolidations announced in January 2013. The January 2013 announced restructuring activities are complete. As of March 31, 2014, there is a restructuring liability for lease termination costs related to the January 2013 restructuring activities. Activity for the restructuring liability for the three months ended March 31, 2014 is summarized below:



	Balance January 1, 2014	Charges	Cash payments		Balance March 31, 2014 ^(a)
Lease termination costs	921	—	(117	)	804

^(a)Payments on certain of the lease obligations are scheduled to continue until 2016. Market conditions and the Company’s ability to sublease these properties could affect the ultimate charge related to the lease obligations. Any potential recoveries or additional charges could affect amounts reported in the consolidated financial statements of future periods. As of March 31, 2014, the short-term portion of the lease termination costs in the restructuring liability of $465 is included in accrued liabilities and the long-term portion of $339 is included in other non-current liabilities in the Consolidated Balance Sheet.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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