Restructuring Charges

3 Months Ended

Mar. 31, 2020

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 management and other activities.

The Company recognized restructuring charges during 2020 and 2019 primarily related to facility transitions in the Americas, capacity reduction and reductions in workforce in certain facilities across various regions. The following table summarizes the 2020 activity in the accrued restructuring balances related to the restructuring activities initiated prior to March 31, 2020:

		Balance as of							Foreign			Balance as of
		December 31,		Restructuring			Cash	Non-Cash	Exchange			March 31,
(in thousands)			2019		Charges		Payment	Activity	Adjustments			2020
2020 Restructuring:
	Severance	$	—	$	517	$	(517)	—	$	—	$	—
			—		517		(517)	—		—		—
2019 Restructuring:
	Severance		3,956		(1,183)		(556)	—		—		2,217
	Leased facilities and equipment		—		1,319		(175)	(1,122)		—		22
	Other exit costs		—		1,084		(226)	(538)		—		320
			3,956		1,220		(957)	(1,660)		—		2,559
Total		$	3,956	$	1,737	$	(1,474)	(1,660)	$	—	$	2,559

In addition, during the three months ended March 31, 2020, we incurred $1.0 million in costs related to an asset impairment in Asia.