Note 20 - Other Operating Expense, Net

6 Months Ended

Dec. 29, 2013

Other Operating Income Expense Disclosure [Abstract]

Other Operating Income Expense Disclosure [Text Block]

20. Other Operating Expense, Net

The components of other operating expense, net consist of the following:

	For the Three Months Ended						For the Six Months Ended
	December 29, 2013			December 23, 2012			December 29, 2013			December 23, 2012
Operating expenses for Renewables	$	580		$	519		$	1,204		$	1,104
Net loss on sale or disposal of assets		299			57			340			79
Foreign currency transaction losses		79			41			173			57
Restructuring charges, net		222			—			1,118			—
Other, net		(35	)		(37	)		(66	)		(79	)
Other operating expense, net	$	1,145		$	580		$	2,769		$	1,161

Operating expenses for Renewables include amounts incurred for employee costs, land and equipment rental costs, operating supplies, product testing, and administrative costs. Operating expenses for Renewables also includes $80 and $45 of depreciation and amortization expense for the three months ended December 29, 2013 and December 23, 2012, respectively, and $160 and $91 for the six months ended December 29, 2013 and December 23, 2012, respectively.

The components of restructuring charges, net consist of the following:

	For the Three Months Ended				For the Six Months Ended
	December 29, 2013		December 23, 2012		December 29, 2013		December 23, 2012
Severance	$	103	$	—	$	769	$	—
Equipment relocation and reinstallation costs		119		—		349		—
Restructuring charges, net	$	222	$	—	$	1,118	$	—

Severance

On May 14, 2013, the Company and one of its executive officers entered into a severance agreement that will provide severance and certain other benefits through November 30, 2014. On August 12, 2013, the Company and another of its executive officers entered into a severance agreement that will provide severance and certain other benefits through December 12, 2014. The table below presents changes to accrued severance for the six months ended December 29, 2013:

	Balance June 30, 2013		Charged to expense		Charged to other accounts		Payments			Adjustments		Balance December 29, 2013
Accrued severance	$	1,186		769		243		(821	)		—	$	1,377

Equipment Relocation and Reinstallation Costs

During the first quarter of fiscal year 2014, the Company began the relocation of certain equipment within the Polyester Segment as follows:

● The Company began to dismantle and relocate certain polyester draw warping equipment from Monroe, North Carolina to a Burlington, North Carolina facility.

● The Company also began to dismantle and relocate certain polyester texturing and twisting equipment between locations in North Carolina and El Salvador.

The relocation of this equipment was completed during the second quarter of fiscal year 2014. The costs incurred for the relocation of equipment were charged to restructuring expense as incurred.