Restructuring, Reorganization, Relocation and Severance

3 Months Ended

Mar. 29, 2015

Restructuring and Related Activities [Abstract]

Restructuring, Reorganization, Relocation and Severance

RESTRUCTURING, REORGANIZATION, RELOCATION AND SEVERANCE

Second Quarter 2014 Realignment

During the second quarter of 2014, we implemented a resource realignment plan aimed at improving our operational efficiency by eliminating redundancies in sites and personnel resulting from recent acquisitions and expansion activities. We also shifted our resources to growing regions, such as Asia, and potential growth markets, such as structural biology, oil and gas, near-line semiconductor processing and metals research, in order to better position us to pursue our growth strategy. The realignment plan activities included the consolidation of our three Australia sites in Canberra; the closure of our facility in Delmont, Pennsylvania and relocation of those operations to our new facility in the Czech Republic; relocation of our Japan demonstration facility to our Shanghai facility; selective reductions in staffing, relocations and compensation adjustments related to the foregoing activities and other realignment of management resources. This plan was completed at the end of 2014 and we do not expect to incur any additional costs under this plan.

During the thirteen week period ended March 29, 2015, we recorded a credit to restructuring, reorganization and relocation expense in our consolidated statement of operations of $0.1 million to adjust our accrued liability. There were no expenses recorded in the comparable period in 2014.

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 $1.3 million cost incurred in implementing the restructuring plan primarily consisted of severance and other employee termination related costs, and was incurred during the first quarter of 2014. We do not expect to incur any additional costs under this plan.

Group Structure Reorganization

During the first quarter of 2013, we reorganized the company into a group structure in order to enable us to efficiently execute our growth strategy. The costs associated with the reorganization consisted primarily of 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 severance costs during 2013, for a total cost of $4.0 million. We do not expect to incur any additional costs under this reorganization plan.

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 29, 2015	Second Quarter 2014 Realignment			Total
Beginning accrued liability	$	9,161		$	9,161
Adjustments to expense	(121		)	(121		)
Expenditures	(4,834		)	(4,834		)
Foreign currency impact	(622		)	(622		)
Ending accrued liability	$	3,584		$	3,584



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

- 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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