XML 37 R22.htm IDEA: XBRL DOCUMENT v3.3.1.900
Restructuring and Reorganization
 12 Months Ended
Dec. 31, 2015
Restructuring and Related Activities [Abstract]  
Restructuring, Reorganization, Relocation and Severance
RESTRUCTURING AND REORGANIZATION
Second Quarter 2014 Realignment
During the second quarter of 2014, we implemented a realignment plan (the “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.
The following table summarizes the costs incurred under the Realignment Plan (in thousands):
 
Year Ended December 31,
Realignment Costs
2015
 
2014
Inventory write-offs
$
—

 
$
1,627

Acceleration of acquisition-related earn-out
—

 
2,500

Impairment and other asset write-offs
—

 
3,973

Restructuring activities
(563
)
 
17,128

Total
$
(563
)
 
$
25,228

These costs have been recorded in our consolidated statements of operations as follows (in thousands):
 
Year Ended December 31,
Statement of Operations Classification
2015
 
2014
Cost of sales
$
—

 
$
1,627

Selling, general and administrative
—

 
6,473

Restructuring and reorganization
(563
)
 
17,128

Total
$
(563
)
 
$
25,228


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.
Restructuring and Reorganization Accrual
The following tables summarize the charges, expenditures, write-offs and adjustments related to our restructuring and reorganization accrual (in thousands):
Year Ended December 31, 2015
Second Quarter 2014 Realignment
Beginning accrued liability
$
9,161

Charged to expense, net
(563
)
Expenditures
(7,310
)
Write-offs and adjustments
(633
)
Ending accrued liability
$
655

Year Ended December 31, 2014
Second Quarter 2014 Realignment
 
First Quarter 2014 Restructuring
 
Group Structure Organization
 
Total
Beginning accrued liability
$
—

 
$
—

 
$
50

 
$
50

Charged to expense, net
17,128

 
1,331

 
—

 
18,459

Expenditures
(7,553
)
 
(1,327
)
 
(50
)
 
(8,930
)
Write-offs and adjustments
(414
)
 
(4
)
 
—

 
(418
)
Ending accrued liability
$
9,161

 
$
—

 
$
—

 
$
9,161