Restructuring, Reorganization, Relocation and Severance

3 Months Ended

Mar. 30, 2014

Restructuring and Related Activities [Abstract]

Restructuring, Reorganization, Relocation and Severance

RESTRUCTURING, REORGANIZATION, RELOCATION AND SEVERANCE

First Quarter 2014 Restructuring

During the first quarter of 2014 we engaged in a restructuring plan principally aimed at consolidating our sales force in Europe. The restructuring plan costs of $1.3 million primarily consisted of severance and related employee termination costs and was completed during the quarter. No future costs under this plan are expected. Savings from this plan is expected to be approximately $1.8 million on an annual basis.

Group Structure Reorganization

In January 2013, we announced our intention to reorganize the company into a group structure in order to enable us to efficiently execute our growth strategy. The reorganization was completed in the first quarter of 2013. The costs associated with the reorganization included primarily severance costs and resulted in the termination of certain positions throughout the company. In anticipation of this reorganization, we incurred $2.9 million of costs during the fourth quarter of 2012, and recorded $1.1 million of costs during the first half of 2013, for a total cost of $4.0 million. We expect to incur no additional charges related to the reorganization.

Restructuring, Reorganization, Relocation and Severance Accrual

The following table summarizes the charges, expenditures, write-offs and adjustments related to our restructuring, reorganization, relocation and severance accrual (in thousands):



Thirteen Weeks Ended March 30, 2014	First Quarter 2014 Restructuring			Group Structure Organization		Total
Beginning accrued liability	$	—		$	50	$	50
Charged to expense, net	1,331			—		1,331
Expenditures	(484		)	—		(484		)
Ending accrued liability	$	847		$	50	$	897



Thirteen Weeks Ended March 31, 2013	Group Structure Organization			Total
Beginning accrued liability	$	2,692		$	2,692
Charged to expense, net	695			695
Expenditures	(511		)	(511		)
Write-offs and adjustments	(80		)	(80		)
Ending accrued liability	$	2,796		$	2,796

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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