Note 4 - Acquisition Integration and Restructuring

In 2008, the Company initiated a cost reduction and restructuring plan involving a consolidation and realignment of its workforce and incurred costs for employee terminations, obligations for future lease payments, fixed asset impairments, and other associated costs. The Company continued its cost reduction efforts and incurred additional costs for facility closings and employee termination expenses during the years 2009 through 2013.

The following table summarizes the accruals recorded, adjustments, and the cash payments during the years ended December 31, 2013, 2012, and 2011 related to the cost reduction actions initiated during the years 2008 through 2013. The adjustments are comprised of reversals of previously recorded expense accruals and foreign currency translation adjustments. The remaining reserve balance of $3,719 is included on the Consolidated Balance Sheets at December 31, 2013 as follows: $3,155 in Accrued expenses and $564 in Other long-term liabilities.

	Employee Terminations			Lease Obligations			Total

Actions Initiated in 2008
Liability balance at December 31, 2010	$	142		$	3,368		$	3,510
New accruals		--			--			--
Adjustments		4			108			112
Cash payments		(146	)		(687	)		(833	)
Liability balance at December 31, 2011		--			2,789			2,789
New accruals		--			--			--
Adjustments		--			562			562
Cash payments		--			(590	)		(590	)
Liability balance at December 31, 2012		--			2,761			2,761
New accruals		--			--			--
Adjustments		--			346			346
Cash payments		--			(850	)		(850	)
Liability balance at December 31, 2013	$	--		$	2,257		$	2,257

Actions Initiated in 2009
Liability balance at December 31, 2010	$	104		$	--	$	104
New accruals		21			--		21
Adjustments		(1	)		--		(1	)
Cash payments		(124	)		--		(124	)
Liability balance at December 31, 2011		--			--		--
New accruals		--			--		--
Adjustments		--			--		--
Cash payments		--			--		--
Liability balance at December 31, 2012		--			--		--
New accruals		--			--		--
Adjustments		--			--		--
Cash payments		--			--		--

Liability balance at December 31, 2013	$	--		$	--	$	--


		Employee Terminations		Lease Obligations		Total

Actions Initiated in 2010
Liability balance at December 31, 2010	$	570	$	--	$	570
New accruals		13		--		13
Adjustments		(37)		--		(37)
Cash payments		(138)		--		(138)
Liability balance at December 31, 2011		408		--		408
New accruals		10		--		10
Adjustments		8		--		8
Cash payments		(24)		--		(24)
Liability balance at December 31, 2012		402		--		402
New accruals		--		--		--
Adjustments		(8)		--		(8)
Cash payments		(394)		--		(394)

Liability balance at December 31, 2013	$	--	$	--	$	--

Actions Initiated in 2011
Liability balance at December 31, 2010	$	--	$	--	$	--
New accruals		957		--		957
Adjustments		(15)		--		(15)
Cash payments		(817)		--		(817)
Liability balance at December 31, 2011		125		--		125
New accruals		--		--		--
Adjustments		(7)		--		(7)
Cash payments		(103)		--		(103)
Liability balance at December 31, 2012		15		--		15
New accruals		--		--		--
Adjustments		(15)		--		(15)
Cash payments		--		--		--

Liability balance at December 31, 2013	$	--	$	--	$	--

	Employee Terminations			Lease Obligations			Total


Actions Initiated in 2012
Liability balance at December 31, 2011	$	--		$	--		$	--
New accruals		3,006			1,535			4,541
Adjustments		(26	)		219			193
Cash payments		(1,594	)		(567	)		(2,161	)
Liability balance at December 31, 2012		1,386			1,187			2,573
New accruals		50			--			50
Adjustments		(63	)		214			151
Cash payments		(1,347	)		(744	)		(2,091	)

Liability balance at December 31, 2013	$	26		$	657		$	683

Actions Initiated in 2013
Liability balance at December 31, 2012	$	--		$	--		$	--
New accruals		1,144			384			1,528
Adjustments		--			--			--
Cash payments		(669	)		(80	)		(749	)

Liability balance at December 31, 2013	$	475		$	304		$	779

The combined expenses for the cost reduction and restructuring actions initiated in 2008 through 2011, shown in the tables above, were $1,050 for the year ended December 31, 2011. In addition, the Company recorded $388 for impairment charges, relocation expenses, and legal fees related to the Company’s restructuring activities during the year. For the year ended December 31, 2011, the total expense of $1,438 is presented as Acquisition integration and restructuring expense in the Consolidated Statements of Comprehensive Income (Loss).

The combined expenses for the cost reduction and restructuring actions initiated in 2008 through 2012, shown in the tables above, were $5,307 for the year ended December 31, 2012. In addition, the Company recorded $246 related to leasehold improvements at facilities being combined or closed, $197 for consulting, retention and other costs associated with facilities being combined or closed, and reversed reserves totaling $494 related to unfavorable leases and accrued property tax. For the year ended December 31, 2012, the total expense of $5,256 is presented as Acquisition integration and restructuring expense in the Consolidated Statements of Comprehensive Income (Loss).

The combined expenses for the cost reduction and restructuring actions initiated in 2008 through 2013, shown in the above table, were $2,052 for the year ended December 31, 2013. In addition, the Company recorded legal costs of $19 and reversed $40 related to a facility closure. For the year ended December 31, 2013, the total expense of $2,031 is presented in the Consolidated Statements of Comprehensive Income (Loss) as follows: $1,774 as Acquisition integration and restructuring expense and $257 as Interest expense.

The expense for the years 2008 through 2013 and the cumulative expense since the cost reductions program’s inception was recorded in the following operating segments:

Year ended December 31,	Americas		Europe		Asia Pacific			Corporate		Total

2013	$	1,376	$	293	$	104		$	1	$	1,774
2012		4,245		881		129			1		5,256
2011		777		586		--			75		1,438
2010		1,136		555		(70	)		493		2,114
2009		3,398		1,400		992			453		6,243
2008		5,460		3,552		248			889		10,149

Cumulative since program inception	$	16,392	$	7,267	$	1,403		$	1,912	$	26,974