14. Restructuring, Restatement Related Costs, Post-Emergence Fees and Other

The following table summarizes restructuring, restatement related costs, post-emergence fees and other expenses recorded in the accompanying consolidated statements of operations (in thousands):


	Year Ended December 31,
	2012			2011		2010
2011 restructuring	$	6,057		$	1,967	$	—
2012 restructuring		1,758			—		—
Novi and U.K. restructuring		(40	)		—		(70	)
Germany and other restructuring		276			81		461

Total restructuring charges		8,051			2,048		391
Restatement related costs and other charges		—			62		2,201
Acquisition related charges		791			—		—
Post-emergence fees		—			296		727

Total restructuring, restatement related costs, post-emergence fees and other	$	8,842		$	2,406	$	3,319

2011 Restructuring

In November 2011, the Company announced a strategic initiative (“2011 restructuring”), which aims to consolidate operations to reduce the Company’s cost structure and improve operational efficiency. As part of this initiative, the Company eliminated facilities through consolidation of certain manufacturing, sales and distribution facilities and divestiture of businesses. The Company has substantially completed the 2011 restructuring and plans to eliminate the remaining facilities primarily as part of the sale of the Semiconductor Systems business which is expected to occur by the end of the second quarter of 2013. We expect to incur $1.2 million of cash charges and $0.1 million of non-cash charges in 2013 related to the 2011 restructuring plan.

Expected and actual cash charges for the 2011 restructuring plan, including severance and relocation costs, facility closure and consulting costs and non-cash charges related to accelerated depreciation for changes in estimated useful lives of certain long-lived assets for which the Company intends to exit were as follows (in thousands):


	Year Ended		Year Ended		Cumulative Costs for Plan		Expected Cumulative Costs
	December 31, 2012		December 31, 2011		December 31, 2012		December 31, 2012
Cash charges	$	4,109	$	1,061	$	5,170	$	6,400
Non-cash charges		1,948		906		2,854		3,000

Total restructuring costs	$	6,057	$	1,967	$	8,024	$	9,400

The following table summarizes restructuring costs for each segment and unallocated corporate costs related to the 2011 restructuring plan (in thousands):


	Year Ended		Year Ended		Cumulative Costs for Plan
	December 31, 2012		December 31, 2011		December 31, 2012
Laser Products	$	4,422	$	1,643	$	6,065
Precision Motion and Technologies		491		212		703
Unallocated Restructuring Costs(1)		1,144		112		1,256

Total restructuring costs	$	6,057	$	1,967	$	8,024

(1)	Primarily represents consulting and severance restructuring costs related to corporate and shared service functions.

2012 Restructuring

During 2012, the Company initiated and completed a program to identify additional cost savings due to the continued uncertainty and volatility of the macroeconomic environment (“2012 restructuring”). The Company incurred $1.8 million of severance costs associated with the 2012 restructuring program during the year ended December 31, 2012.

The following table summarizes the total costs associated with the 2012 restructuring program for each segment for the year ended December 31, 2012 (in thousands):


	Year Ended December 31,
	2012
Laser Products	$	501
Precision Motion and Technologies		951
Unallocated Restructuring costs(1)		306

Total restructuring costs	$	1,758

(1)	Primarily represents consulting and severance restructuring costs related to corporate and shared service functions.

U.K. Restructuring

In December 2008, the Company announced the transfer of certain manufacturing activities from its Rugby, U.K. facility within the Laser Products segment to the Company’s facilities in China (“U.K. restructuring”). During 2010, the Company recorded a $0.1 million restructuring benefit related to the sale of inventory that had been previously written off and included in 2008 restructuring charges for the sale of assets of a discontinued U.K. product line. All of the assets pertaining to this restructuring were sold as of December 31, 2010.

Germany and Other Restructuring

The Company recorded restructuring charges related to elimination of the Company’s Munich, Germany facility as a result of the restructuring program undertaken beginning in 2000 for the Precision Motion and Technologies segment (“Germany restructuring”). The Company terminated the lease agreement and completed the Germany restructuring by making a final payment of $0.3 million to the landlord in December 2012. Charges incurred during the years ended December 31, 2011 and 2010 primarily relate to the accretion of the restructuring liability and revised future lease payment assumptions under the lease. The following table summarizes restructuring costs of this plan primarily related to the Precision Motion and Technologies segment (in thousands):


	Year Ended		Year Ended		Year Ended		Cumulative Costs for Plan
	December 31, 2012		December 31, 2011		December 31, 2010		December 31, 2012
Precision Motion and Technologies	$	276	$	81	$	461	$	4,967

Rollforward of Accrued Expenses Related to Restructuring

The following table summarizes the accrual activities, by component, related to the Company’s restructuring charges recorded in the accompanying consolidated balance sheets (in thousands):


	Total			Severance			Facility			Accelerated Depreciation			Other
Balance at December 31, 2010	$	1,566		$	—		$	1,566		$	—		$	—
Restructuring charges		2,048			676			371			906			95
Cash payments		(1,179	)		(206	)		(907	)		—			(66	)
Non-cash write-offs or other adjustments		(874	)		—			32			(906	)		—

Balance at December 31, 2011		1,561			470			1,062			—			29
Restructuring charges		8,051			3,314			967			1,892			1,878
Cash payments		(5,376	)		(2,419	)		(1,301	)		—			(1,656	)
Non-cash write-offs or other adjustments		(2,206	)		(61	)		(239	)		(1,892	)		(14	)

Balance at December 31, 2012	$	2,030		$	1,304		$	489		$	—		$	237