Business Realignment and Restructuring (Tables)

6 Months Ended

Jun. 30, 2021

Schedule of Restructuring and Related Costs

Business realignment charges by reportable segment were as follows:

		Three months ended				Six months ended
		June 30,				June 30,
	2021		2020		2021		2020
Control Devices (A)	$	-	$	1,042	$	192	$	1,419
Electronics (B)		1		1,305		13		1,305
Stoneridge Brazil (C)		59		-		59		153
Unallocated Corporate (D)		-		236		42		310
Total business realignment charges	$	60	$	2,583	$	306	$	3,187

(A) Severance costs for the three months ended June 30, 2020 related to COGS, D&D and SG&A were $603, $249 and $190, respectively. Severance costs for the six months ended June 30, 2021 related to SG&A were $192. Severance costs for the six months ended June 30, 2020 related to COGS, D&D and SG&A were $603, $249 and $567, respectively.

(B) Severance costs for the three months ended June 30, 2021 related to D&D were $1, respectively. Severance costs for the six months ended June 30, 2021 related to SG&A and D&D were $(22) and $35, respectively. Severance costs for the three and six months ended June 30, 2020 related to COGS, D&D and SG&A were $323, $228 and $754, respectively.

(C) Severance costs for the three and six months ended June 30, 2021 related to COGS and SG&A were $7 and $52, respectively. Severance costs for the six months ended June 30, 2020 related to COGS and SG&A were $86 and $67, respectively.

(D) Severance costs for the three months ended 2020 related to SG&A were $236. Severance costs for the six months ended June 30, 2021 and 2020 related to SG&A were $42 and $310, respectively.

Schedule of Business Realignment Charges Classified by Statement of Operations

Business realignment charges classified by statement of operations line item were as follows:

		Three months ended				Six months ended
		June 30,				June 30,
	2021		2020		2021		2020
Cost of goods sold	$	7	$	926	$	7	$	1,012
Selling, general and administrative		52		1,180		264		1,698
Design and development		1		477		35		477
Total business realignment charges	$	60	$	2,583	$	306	$	3,187

Particulate Matter Product Line Strategic Exit [Member]

Schedule of Restructuring and Related Costs

The expenses for the exit of the PM sensor line that relate to the Control Devices reportable segment include the following:

	Accrual as of		2021 Charge			Utilization			Accrual as of
	January 1, 2021		to Expense		Cash		Non-Cash		June 30, 2021
Fixed asset impairment and accelerated depreciation	$	-	$	185	$	-	$	(185)	$	-
Employee termination benefits		-		76		(76)		-		-
Other related costs		-		1,393		(1,393)		-		-
Total	$	-	$	1,654	$	(1,469)	$	(185)	$	-

	Accrual as of		2020 Charge			Utilization			Accrual as of
	January 1, 2020		to Expense		Cash		Non-Cash		June 30, 2020
Fixed asset impairment and accelerated depreciation	$	-	$	2,482	$	-	$	(2,482)	$	-
Other related costs		-		70		(70)		-		-
Total	$	-	$	2,552	$	(70)	$	(2,482)	$	-

Canton Facility Restructuring Plan [Member]

Schedule of Restructuring and Related Costs

The expenses for the Canton Restructuring that relate to the Control Devices reportable segment include the following:

	Accrual as of		2021 Charge			Utilization			Accrual as of
	January 1, 2021		to Expense		Cash		Non-Cash		June 30, 2021
Employee termination benefits	$	165	$	-	$	(25)	$	-	$	140
Other related costs		-		13		(13)		-		-
Total	$	165	$	13	$	(38)	$	-	$	140

	Accrual as of		2020 Charge			Utilization			Accrual as of
	January 1, 2020		to Expense		Cash		Non-Cash		June 30, 2020
Employee termination benefits	$	2,636	$	1,119	$	(3,755)	$	-	$	-
Other related costs		-		1,564		(1,564)		-		-
Total	$	2,636	$	2,683	$	(5,319)	$	-	$	-

Electronics [Member]

Schedule of Restructuring and Related Costs

The expenses for the restructuring activities that relate to the Electronics reportable segment include the following:

	Accrual as of		2021 Charge to			Utilization			Accrual as of
	January 1, 2021		Expense		Cash		Non-Cash		June 30, 2021
Employee termination benefits	$	227	$	50	$	(212)	$	-	$	65
Other related costs		-		170		(170)		-		-
Total	$	227	$	220	$	(382)	$	-	$	65

	Accrual as of		2020 Charge to			Utilization			Accrual as of
	January 1, 2020		Expense		Cash		Non-Cash		June 30, 2020
Employee termination benefits	$	52	$	863	$	(319)	$	-	$	596
Contract termination costs		-		452		(452)		-		-
Other related costs		-		313		(313)		-		-
Total	$	52	$	1,628	$	(1,084)	$	-	$	596