RESTRUCTURING COSTS

6 Months Ended

Jun. 30, 2020

RESTRUCTURING COSTS

RESTRUCTURING COSTS

NOTE 14.    RESTRUCTURING COSTS

During 2018, we committed to a restructuring plan to optimize our manufacturing footprint and to improve our operating efficiencies and synergies related to our recent acquisitions. For the three and six months ended June 30, 2020, we incurred severance costs primarily related to the transition and exit of our facility in Shenzhen, People’s Republic of China, and actions associated with synergies related to the Artesyn acquisition. The table below summarizes the restructuring charges:

	Three Months		Six Months		Cumulative Cost
	Ended June 30,		Ended June 30,		Through June 30,
	2020		2020		2020
Severance and related charges	$	4,853	$	5,005	$	12,285
Facility relocation and closure charges		937		1,441		3,438
Total restructuring charges	$	5,790	$	6,446	$	15,723

The following table summarizes our restructuring liabilities at June 30, 2020:

			Cost
			Incurred		Cost Paid		Effect of
	Balance at		and		or		Changes in		Balance at
	December 31,		Charged to		Otherwise		Exchange		June 30,
	2019		Expense		Settled		Rates		2020
Total restructuring liabilities	$	2,172	$	6,446	$	(2,751)	$	(1)	$	5,866

As of December 31, 2019, and June 30, 2020, the accrued restructuring liabilities related primarily to severance and related charges.