XML 39 R18.htm IDEA: XBRL DOCUMENT v3.2.0.727
Restructuring
6 Months Ended
Jun. 30, 2015
Restructuring Charges [Abstract]  
Restructuring

Note K: Restructuring

 

In the fourth quarter of 2014, the Company implemented restructuring plans to close our offices in Asia. Because of these actions, restructuring charges of approximately $119,000 were recorded in the first six months of 2015 related to employee terminations.

 

The following table shows the restructuring activity for 2015 (in thousands): 

                 
       Facility Costs     
    Termination   and Contract     
    Benefits   Termination   Total 
                 
Balance at January 1, 2015   $190   $26   $216 
Charges    119        119 
Payments/settlements    (295)   (8)   (303)
Balance at March 31, 2015   $14   $18   $32 
                 
Payments/settlements    (14)   (18)   (32)
Balance at June 30, 2015   $   $   $ 

 

In the first quarter of 2014, the Company implemented restructuring plans to improve our financial performance in Europe. These plans included the closure of our office in Poland. Because of these actions, restructuring charges of approximately $460,000 were recorded related primarily to facilities and employee terminations.

 

The following table shows the restructuring activity for 2014 (in thousands):

 

        Facility Costs      
    Termination   and Contract     
    Benefits   Termination   Total 
                 
Balance at January 1, 2014   $   $   $ 
Charges    60    400    460 
Payments/settlements    (45)   (177)   (222)
Balance at March 31, 2014   $15   $223   $238 
                 
Payments/settlements    (15)   (223)   (238)
Balance at June 30, 2014   $   $   $