Note 20 - Other Operating Expense, Net

3 Months Ended

Sep. 28, 2014

Disclosure Text Block [Abstract]

Other Operating Income and Expense [Text Block]

20. Other Operating Expense, Net

Other operating expense, net consists of the following:

	For the Three Months Ended
	September 28, 2014		September 29, 2013
Operating expenses for Renewables	$	1,002	$	624
Foreign currency transaction losses		313		94
Accretion of contingent consideration		75		—
Net loss on sale or disposal of assets		—		41
Restructuring charges, net		—		896
Other, net		71		(31	)
Other operating expense, net	$	1,461	$	1,624

Operating expenses for Renewables include amounts incurred for employee costs, land and equipment rental costs, contract labor, freight costs, fuel, operating supplies, product testing, and administrative costs. Operating expenses for Renewables also includes $98 and $80 of depreciation and amortization expenses for the three months ended September 28, 2014 and September 29, 2013, respectively.

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

	For the Three Months Ended
	September 28, 2014		September 29, 2013
Severance	$	—	$	666
Equipment relocation and reinstallation costs		—		230
Total restructuring charges, net	$	—	$	896

Severance

On May 14, 2013, the Company and one of its executive officers entered into a severance agreement that provides severance and certain other benefits through November 2014. On August 12, 2013, the Company and another of its executive officers entered into a severance agreement that provides severance payments through November 2014 and certain other benefits through the earlier of his new employment, gainful self-employment or December 2014. The table below presents changes to the severance reserves for the three months ended September 28, 2014:

	Balance June 29, 2014		Charged to expense		Charged to other accounts		Payments			Adjustments		Balance September 28, 2014
Accrued severance	$	374		—		—		(217	)		—	$	157

Equipment Relocation and Reinstallation Costs

During the first quarter of fiscal year 2014, the Company dismantled and relocated certain polyester draw warping equipment from Monroe, North Carolina to a Burlington, North Carolina facility. The Company also dismantled and relocated certain polyester texturing and twisting equipment between locations in North Carolina and El Salvador. The costs incurred for the relocation of equipment were charged to restructuring expense within the Polyester Segment.