Restructuring, Integration, and Other Charges

During the first quarters of 2014 and 2013, the company recorded restructuring, integration, and other charges of $11,614 ($8,020 net of related taxes or $.08 per share on both a basic and diluted basis) and $21,610 ($15,495 net of related taxes or $.15 and $.14 per share on a basic and diluted basis, respectively), respectively.

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



	Quarter Ended
	March 29, 2014		March 30, 2013
Restructuring and integration charge - current period actions	$	10,169	$	18,559
Restructuring and integration charges - actions taken in prior periods	162		210
Acquisition-related expenses	1,283		2,841
	$	11,614	$	21,610

2014 Restructuring and Integration Charge

The following table presents the components of the 2014 restructuring and integration charge of $10,169 and activity in the related restructuring and integration accrual for the first quarter of 2014:



	Personnel Costs			Facilities Costs			Other			Total
Restructuring and integration charge	$	8,281		$	1,453		$	435		$	10,169
Payments	(3,901		)	(166		)	(435		)	(4,502		)
Foreign currency translation	14			(1		)	—			13
Balance as of March 29, 2014	$	4,394		$	1,286		$	—		$	5,680

The restructuring and integration charge of $10,169 for the first quarter of 2014 includes personnel costs of $8,281, facilities costs of $1,453, and other costs of $435. The personnel costs are related to the elimination of approximately 50 positions within the global components business segment and approximately 50 positions within the global ECS business segment. The facilities costs are related to exit activities for six vacated facilities in the Americas and EMEA 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. Integration costs are primarily related to the integration of acquired businesses within the company's pre-existing business and the consolidation of certain operations.

2013 Restructuring and Integration Charge

The following table presents the activity in the restructuring and integration accrual for the first quarter of 2014 related to the 2013 restructuring and integration:



	Personnel Costs			Facilities Costs			Other			Total
Balance as of December 31, 2013	$	25,721		$	5,808		$	208		$	31,737
Restructuring and integration charge (credit)	(116		)	131			—			15
Payments	(6,909		)	(1,644		)	(23		)	(8,576		)
Foreign currency translation	(38		)	—			(1		)	(39		)
Balance as of March 29, 2014	$	18,658		$	4,295		$	184		$	23,137

Restructuring and Integration Accruals Related to Actions Taken Prior to 2013

The following table presents the activity in the restructuring and integration accruals for the first quarter of 2014 related to restructuring and integration actions taken prior to 2013:



	Personnel Costs			Facilities Costs			Total
Balance as of December 31, 2013	$	1,822		$	2,592		$	4,414
Restructuring and integration charges	121			26			147
Payments	(307		)	(685		)	(992		)
Foreign currency translation	(4		)	6			2
Balance as of March 29, 2014	$	1,632		$	1,939		$	3,571

Restructuring and Integration Accrual Summary

In summary, the restructuring and integration accruals aggregate $32,388 at March 29, 2014, all of which are expected to be spent in cash, and are expected to be utilized as follows:


•	The accruals for personnel costs totaling $24,684 to cover the termination of personnel are primarily expected to be spent within one year.


•	The accruals for facilities totaling $7,520 relate to vacated leased properties that have scheduled payments of $5,267 in 2014, $1,297 in 2015, $580 in 2016, $139 in 2017, and $237 in 2018.


•	Other accruals of $184 is expected to be spent within one year.

Acquisition-Related Expenses

Included in restructuring, integration, and other charges for the first quarter of 2014 are acquisition-related expenses of $1,283, primarily consisting of professional fees directly related to recent acquisition activity.

Included in restructuring, integration, and other charges for the first quarter of 2013 are acquisition-related expenses of $2,841, primarily consisting of charges related to 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.