Restructuring, Integration, and Other Charges

During the third quarters of 2013 and 2012, the company recorded restructuring, integration, and other charges of $22,568 ($16,077 net of related taxes or $.16 per share on both a basic and diluted basis) and $14,562 ($8,576 net of related taxes or $.08 per share on both a basic and diluted basis), respectively.

During the first nine months of 2013 and 2012, the company recorded restructuring, integration, and other charges of $74,402 ($52,260 net of related taxes or $.51 and $.50 per share on a basic and diluted basis, respectively) and $36,152 ($24,419 net of related taxes or $.22 per share on both a basic and diluted basis), respectively.

The following table presents the components of the restructuring, integration, and other charges:



	Quarter Ended					Nine Months Ended
	September 28, 2013		September 29, 2012			September 28, 2013		September 29, 2012
Restructuring charges - current period actions	$	20,007	$	15,151		$	65,871	$	29,998
Restructuring and integration charges - actions taken in prior periods	34		655			955		1,082
Acquisition-related expenses (credits)	2,527		(1,244		)	7,576		5,072
	$	22,568	$	14,562		$	74,402	$	36,152

2013 Restructuring Charge

The following table presents the components of the 2013 restructuring charge of $65,871 and activity in the related restructuring accrual for the first nine months of 2013:



	Personnel Costs			Facilities			Other			Total
Restructuring charge	$	56,561		$	8,415		$	895		$	65,871
Payments	(32,334		)	(3,696		)	—			(36,030		)
Non-cash usage	—			—			(753		)	(753		)
Foreign currency translation	643			65			—			708
Balance as of September 28, 2013	$	24,870		$	4,784		$	142		$	29,796

The restructuring charge of $65,871 for the first nine months of 2013 includes personnel costs of $56,561, facilities costs of $8,415, and other costs of $895. The personnel costs are related to the elimination of approximately 770 positions within the global components business segment and approximately 250 positions within the global ECS business segment. The facilities costs are related to exit activities for 31 vacated facilities worldwide due to the company's continued efforts to streamline its operations and reduce real estate costs. These restructuring initiatives are due to the company's continued efforts to lower cost and drive operational efficiency.

2012 Restructuring Charge

The following table presents the activity in the restructuring accrual for the first nine months of 2013 related to the 2012 restructuring:



	Personnel Costs			Facilities			Total
Balance as of December 31, 2012	$	10,501		$	4,442		$	14,943
Restructuring charge (credit)	790			(489		)	301
Payments	(9,290		)	(2,336		)	(11,626		)
Foreign currency translation	(15		)	(78		)	(93		)
Balance as of September 28, 2013	$	1,986		$	1,539		$	3,525

Restructuring Accruals Related to Actions Taken Prior to 2012

The following table presents the activity in the restructuring accruals for the first nine months of 2013 related to restructuring actions taken prior to 2012:



	Personnel Costs			Facilities			Total
Balance as of December 31, 2012	$	1,408		$	3,863		$	5,271
Restructuring charges (credits)	(141		)	795			654
Payments	(333		)	(1,738		)	(2,071		)
Foreign currency translation	19			(5		)	14
Balance as of September 28, 2013	$	953		$	2,915		$	3,868

Restructuring Accrual Summary

In summary, the restructuring accruals aggregate $37,189 at September 28, 2013, all of which are expected to be spent in cash, and are expected to be utilized as follows:


•	The accruals for personnel costs totaling $27,809 to cover the termination of personnel are primarily expected to be spent within one year.


•	The accruals for facilities totaling $9,238 relate to vacated leased properties that have scheduled payments of $4,464 in 2013, $3,051 in 2014, $941 in 2015, $572 in 2016, $151 in 2017, and $59 thereafter.


•	Other accruals of $142 is expected to be spent within one year.

Acquisition-Related Expenses (Credits)

Included in restructuring, integration, and other charges for the third quarter and first nine months of 2013 are acquisition-related expenses of $2,527 and $7,576, respectively, primarily consisting of changes in the fair value of contingent consideration for acquisitions completed in prior years which were conditional upon the financial performance of the acquired companies and the continued employment of the selling shareholders, as well as professional fees directly related to recent acquisition activity.

Included in restructuring, integration, and other charges for the third quarter and first nine months of 2012 are acquisition-related expenses (credits) of $(1,244) and $5,072, respectively. Acquisition-related expenses (credits) primarily consist of changes in fair value of contingent consideration for acquisitions completed in prior years which were conditional upon the financial performance of the acquired companies and the continued employment of the selling shareholders, as well as professional fees directly related to recent acquisition activity, net of adjustments for contingent consideration of $(5,091) and $(4,325) for the third quarter and first nine months of 2012, respectively.