Restructuring Costs and Other (Tables)

6 Months Ended

Jun. 28, 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				Six Months Ended
	June 28, 2013		June 29, 2012		June 28, 2013		June 29, 2012
2011 restructuring	$	606	$	2,444	$	2,231	$	4,652
2013 restructuring		508		—		927		—
Germany restructuring		—		7		8		16

Total restructuring charges	$	1,114	$	2,451	$	3,166	$	4,668
Total acquisition related charges		21		—		1,086		—

Total restructuring costs and other	$	1,135	$	2,451	$	4,252	$	4,668

Expected and Actual Cash Charges and Non-Cash Charges

Presented below are 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 exited with respect to the 2011 restructuring (in thousands):


	Three Months Ended				Six Months Ended				Cumulative Costs for Plan
	June 28, 2013		June 29, 2012		June 28, 2013		June 29, 2012		June 28, 2013
Cash charges	$	388	$	1,810	$	1,890	$	2,761	$	7,060
Non-cash charges		218		634		341		1,891		3,195

Total restructuring costs	$	606	$	2,444	$	2,231	$	4,652	$	10,255

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		3,166			1,204			1,354			66			542
Cash payments		(2,764	)		(1,365	)		(691	)		—			(708	)
Acquired lease obligation		128			—			128			—			—
Non-cash write-offs and other adjustments		33			(46	)		142			(66	)		3

Balance at June 28, 2013	$	2,593		$	1,097		$	1,422		$	—		$	74

Fiscal Year 2011

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				Six Months Ended				Cumulative Costs for Plan
	June 28, 2013		June 29, 2012		June 28, 2013		June 29, 2012		June 28, 2013
Laser Products	$	503	$	1,838	$	1,969	$	3,964	$	8,044
Precision Technologies		20		170		53		200		746
Unallocated restructuring costs⁽¹⁾		83		436		209		488		1,465

Total restructuring costs	$	606	$	2,444	$	2,231	$	4,652	$	10,255

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

2013 Restructuring

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 2013 restructuring program (in thousands):


	Three Months Ended		Six Months Ended
	June 28, 2013		June 28, 2013
Laser Products	$	171	$	171
Precision Technologies		282		701
Unallocated restructuring costs⁽¹⁾		55		55

Total restructuring costs	$	508	$	927

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