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Restructuring Costs and Other (Tables)

3 Months Ended

Mar. 29, 2013

Summary of Restructuring Costs and Other Expense

The following table summarizes restructuring costs and other expenses in the accompanying consolidated statements of operations (in thousands):


	Three Months Ended
	March 29, 2013		March 30, 2012
2011 restructuring	$	1,625	$	2,208
NDS restructuring		418		—
Germany restructuring		8		9

Total restructuring charges	$	2,051	$	2,217
Total acquisition related charges		1,066		—

Total restructuring costs and other	$	3,117	$	2,217

Expected and Actual Cash Charges and Non-Cash Charges

Presented below are expected and actual cash charges, including severance and relocation costs, facility closure costs 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 intended to exit with respect to the 2011 restructuring (in thousands):


	Three Months Ended		Three Months Ended		Cumulative Costs for Plan		Expected Cumulative Costs
	March 29, 2013		March 30, 2012		March 29, 2013		March 29, 2013
Cash charges	$	1,502	$	951	$	6,672	$	6,900
Non-cash charges		123		1,257		2,977		3,100

Total restructuring costs	$	1,625	$	2,208	$	9,649	$	10,000

Summary of Restructuring Costs for Each Segment and Unallocated Corporate Costs

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


	Three Months Ended		Three Months Ended		Cumulative Costs for Plan
	March 29, 2013		March 30, 2012		March 29, 2013
Laser Products	$	1,466	$	2,127	$	7,541
Precision Technologies		33		29		726
Unallocated restructuring costs⁽¹⁾		126		52		1,382

Total restructuring costs	$	1,625	$	2,208	$	9,649

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

Summary of Accrual Activities by Components Related to Company's Restructuring Charges

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, 2012	$	2,030		$	1,304		$	489		$	—		$	237
Restructuring charges		2,051			666			900			66			419
Cash payments		(1,532	)		(838	)		(281	)		—			(413	)
Acquired lease obligation		128			—			128			—			—
Non-cash write-offs and other adjustments		273			(18	)		355			(66	)		2

Balance at March 29, 2013	$	2,950		$	1,114		$	1,591		$	—		$	245

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

+ References+ Details

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References+ Details