Note 6 - Impairment Losses & Restructuring/Exit Cost

9 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Restructuring, Impairment, and Other Activities Disclosure [Text Block]

Impairment Loss

As of September 30, 2021, based on the management assessment, we concluded that there is no impairment of goodwill.

Restructuring / Exit Cost

The table below summarizes the balance of accrued restructuring cost, voluntary/involuntary termination costs, and other acquisition-related costs, which are included in other accrued liabilities in our consolidated balance sheet. The changes during the nine months ended  September 30, 2021 and the year ended December 31, 2020.

	Employee related			Facilities related			Total
Balance as of December 31, 2020		-			25			25
Accruals/(reversals)		1,926			38			1,964
Payments		(1,868	)		(63	)		(1,931	)
Balance as of September 30, 2021	$	58		$	-		$	58

	Employee related			Facilities related			Total
Balance at December 31, 2019		1,326			514			1,840
Accruals/(reversals)		1,499			356			1,855
Payments		(2,825	)		(845	)		(3,670	)
Balance at December 31, 2020	$	-		$	25		$	25

Employee related

In 2021, the Company has closed one of its facilities in Canada, where we have terminated service of number of employees. We have also offered a voluntary retirement plan to certain employees in one other geography. We have recognized a provision for employee-related costs regarding the above voluntary/involuntary termination. We expect to pay the remaining termination costs of $58 by the end of the fourth quarter of 2021.