Restructuring Charges

3 Months Ended

Mar. 31, 2017

Restructuring Charges [Abstract]

Restructuring Charges

Note 13 – Restructuring Charges

The Company has undertaken initiatives to restructure its business operations to improve utilization and realize cost savings. These initiatives have included changing the number and location of production facilities, largely to align capacity and infrastructure with current and anticipated customer demand. This alignment includes transferring programs from higher cost geographies to lower cost geographies. The process of restructuring entails moving production between facilities, reducing staff levels, realigning our business processes, reorganizing our managementand other activities.

The Company recognized restructuring charges during 2017 and 2016primarily related to the closure of facilities in the Americas, capacity reduction and reductions in workforce in certain facilities across various regions.

The following table summarizes the 2017 activity in the accrued restructuring balances related to the restructuring activities initiated prior to March 31,2017:

		Balance as of						Foreign			Balance as of
		December 31,		Restructuring			Cash	Exchange			March 31,
(in thousands)			2016		Charges		Payment	Adjustments			2017
2017 Restructuring:
	Severance	$	-	$	754	$	(700)	$	-	$	54
	Leased facilities and equipment		-		105		(105)		-		-
			-		859		(805)		-		54
2016 Restructuring:
	Severance		738		51		(515)		-		274
	Other exit costs		545		601		(529)		1		618
			1,283		652		(1,044)		1		892
Total		$	1,283	$	1,511	$	(1,849)	$	1	$	946