Restructuring, Impairment and Other Charges

12 Months Ended

Dec. 28, 2019

Restructuring and Related Activities [Abstract]

Restructuring, Impairment, and Other Charges

Restructuring, Impairment and Other Charges

The Company recorded restructuring, impairment and other charges for fiscal years 2019, 2018, and 2017 as follows:

	Fiscal Year Ended December 28, 2019
(in thousands)	Electronics		Automotive		Industrial		Total
Employee terminations	$	5,313	$	4,251	$	795	$	10,359
Other restructuring charges	188		1,714		450		2,352
Total restructuring charges	5,501		5,965		1,245		12,711
Impairment	—		322		—		322
Total	$	5,501	$	6,287	$	1,245	$	13,033

	Fiscal Year Ended December 29, 2018
(in thousands)	Electronics		Automotive		Industrial		Total
Employee terminations	$	8,742	$	634	$	127	$	9,503
Other restructuring charges	670		192		—		862
Total restructuring charges	9,412		826		127		10,365
Impairment	—		88		2,130		2,218
Total	$	9,412	$	914	$	2,257	$	12,583

	Fiscal Year Ended December 30, 2017
(in thousands)	Electronics		Automotive		Industrial		Total
Employee terminations	$	1,244	$	371	$	378	$	1,993
Other restructuring charges	234		—		—		234
Total restructuring charges	1,478		371		378		2,227

2019

For the year ended December 28, 2019, the Company recorded total restructuring charges of $12.7 million 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 $1.4 million of other restructuring and impairment charges associated with this plant closure.

2018

For the year ended December 29, 2018, the Company recorded total restructuring charges of $10.4 million 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 and the reorganization of operations in the Commercial Vehicle Products business within the Automotive segment.

For the year ended December 29, 2018, the Company recorded impairment charges of $2.2 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.

2017

For the year ended December 30, 2017, the Company recorded total restructuring charges of $2.2 million for employee termination costs and other restructuring charges. The Company recorded $2.0 million for employee termination costs primarily related to the reorganization of selling, general, and administrative functions within the Electronics segments as well as the reorganization of certain operations.

The restructuring reserves as of December 28, 2019 and December 29, 2018 are $2.7 million and $3.9 million, respectively. The restructuring reserves are included within accrued liabilities. Payments associated with employee terminations reflected in the above table were substantially completed by December 28, 2019. The Company anticipates that the remaining payments associated with employee terminations will be completed in fiscal 2020.