Note 20 - Other Operating Expense, Net

9 Months Ended

Mar. 30, 2014

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 Nine Months Ended
	March 30, 2014			March 24, 2013			March 30, 2014		March 24, 2013
Operating expenses for Renewables	$	719		$	582		$	1,923	$	1,686
Restructuring charges, net		178			—			1,296		—
Foreign currency transaction losses (gains)		195			(20	)		368		37
Net (gain) loss on sale or disposal of assets		(71	)		105			269		184
Other, net		218			(51	)		152		(130	)
Other operating expense, net	$	1,239		$	616		$	4,008	$	1,777

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 $87 and $55 of depreciation and amortization expense for the three months ended March 30, 2014 and March 24, 2013, respectively, and $247 and $146 for the nine months ended March 30, 2014 and March 24, 2013, respectively.

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

	For the Three Months Ended				For the Nine Months Ended
	March 30, 2014		March 24, 2013		March 30, 2014		March 24, 2013
Severance	$	171	$	—	$	940	$	—
Equipment relocation and reinstallation costs		7		—		356		—
Restructuring charges, net	$	178	$	—	$	1,296	$	—

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 nine months ended March 30, 2014:

	Balance June 30, 2013		Charged to expense		Charged to other accounts		Payments			Adjustments		Balance March 30, 2014
Accrued severance	$	1,186		940		243		(1,721	)		—	$	648

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.