Note 20 - Other Operating Expense, Net

9 Months Ended

Mar. 29, 2015

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						For the Nine Months Ended
	March 29, 2015			March 30, 2014			March 29, 2015			March 30, 2014
Operating expenses for Renewables	$	644		$	719		$	2,385		$	1,923
Foreign currency transaction losses		248			195			622			368
Change in fair value of contingent consideration		64			98			21			98
Restructuring charges, net		—			178			—			1,296
Net (gain) loss on sale or disposal of assets		(30	)		(71	)		(13	)		269
Other, net		46			120			120			54
Other operating expense, net	$	972		$	1,239		$	3,135		$	4,008

Operating expenses for Renewables include amounts incurred for employee costs, land and equipment rental costs, contract labor, freight costs, operating supplies, product testing, and administrative costs. Operating expenses for Renewables also includes $99 and $87 of depreciation and amortization expense for the three months ended March 29, 2015 and March 30, 2014, respectively, and $295 and $247 for the nine months ended March 29, 2015 and March 30, 2014, respectively.

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

	For the Three Months Ended				For the Nine Months Ended
	March 29, 2015		March 30, 2014		March 29, 2015		March 30, 2014
Severance	$	—	$	171	$	—	$	940
Equipment relocation and reinstallation costs		—		7		—		356
Total 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 provided 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 provided severance payments through November 2014 and certain other benefits through December 2014. The table below presents changes to the severance reserves for the nine months ended March 29, 2015:

	Balance June 29, 2014		Charged to expense		Charged to other accounts			Payments			Adjustments		Balance March 29, 2015
Accrued severance	$	374		—		(19	)		(355	)		—	$	—

Equipment Relocation and Reinstallation Costs

During the first nine months 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.