Restructuring, Impairment and Other Charges

9 Months Ended

Sep. 28, 2019

Restructuring and Related Activities [Abstract]

Restructuring, Impairment and Other Charges

The Company recorded restructuring, impairment and other charges for the three and nine months ended September 28, 2019 and September 29, 2018 as follows:



	Three months ended September 28, 2019								Nine months ended September 28, 2019
(in thousands)	Electronics		Automotive		Industrial		Total		Electronics		Automotive		Industrial		Total
Employee terminations	$	655	$	109	$	49	$	813	$	4,153	$	3,955	$	770	$	8,878
Other restructuring charges	128		1,150		124		1,402		141		1,240		374		1,755
Total restructuring charges	783		1,259		173		2,215		4,294		5,195		1,144		10,633
Impairment	—		322		—		322		—		322		—		322
Total	$	783	$	1,581	$	173	$	2,537	$	4,294	$	5,517	$	1,144	$	10,955



	Three months ended September 29, 2018								Nine months ended September 29, 2018
(in thousands)	Electronics		Automotive		Industrial		Total		Electronics		Automotive		Industrial		Total
Employee terminations	$	4,614	$	202	$	—	$	4,816	$	7,693	$	301	$	65	$	8,059
Other restructuring charges	—		166		—		166		670		166		—		836
Total restructuring charges	4,614		368		—		4,982		8,363		467		65		8,895
Impairment	—		—		—		—		—		88		1,037		1,125
Total	$	4,614	$	368	$	—	$	4,982	$	8,363	$	555	$	1,102	$	10,020

2019

For the three and nine months ended September 28, 2019, the Company recorded total restructuring charges of $2.2 million and $10.6 million, respectively, for employee termination costs and other restructuring charges. These charges primarily related to the reorganization of operations and selling, general and administrative functions as well as the integration of IXYS within the Electronics segment and the reorganization of operations in the automotive sensors and commercial vehicle products businesses within the Automotive segment.

In April 2019, we announced the closure of a European manufacturing facility in the automotive sensors business within the Automotive segment. The Company recorded $1.7 million of employee termination costs and $1.1 million of other restructuring and impairment charges associated with this plant closure.

2018

For three and nine months ended September 29, 2018, the Company recorded total restructuring charges of $5.0 million and $8.9 million, respectively, for employee termination costs and other restructuring charges related to lease termination and facility closure. These charges primarily related to the integration of IXYS and the reorganization of the IXYS Radio Pulse business within the Electronics segment. For the nine months ended September 29, 2018, the Company recorded impairment charges of $1.1 million primarily related to the impairment of a building and a trade name associated with the exit of the Custom business within the Industrial segment.

The restructuring reserves as of September 28, 2019 and December 29, 2018 are $2.3 million and $3.9 million, respectively. The restructuring reserves are included within accrued liabilities in the Condensed Consolidated Balance Sheets. The Company anticipates the remaining payments associated with employee terminations will primarily be completed by December 2019.