12. Restructuring, Acquisition and Divestiture Related Costs

The following table summarizes restructuring, acquisition and divestiture related costs in the accompanying consolidated statements of operations (in thousands):

	Three Months Ended						Six Months Ended
	July 1, 2016			July 3, 2015			July 1, 2016		July 3, 2015
2016 restructuring	$	2,076		$	—		$	4,576	$	—
2015 restructuring		—			114			—		1,484
2011 restructuring		(104	)		270			108		653
Total restructuring charges		1,972			384			4,684		2,137
Acquisition and related charges		1,733			(475	)		1,979		(348	)
Divestiture related charges		—			507			—		1,064
Total acquisition and divestiture related charges		1,733			32			1,979		716
Total restructuring, acquisition and divestiture related costs	$	3,705		$	416		$	6,663	$	2,853

2016 Restructuring

During the third quarter of 2015, the Company initiated the 2016 restructuring program, which includes consolidating certain of our manufacturing operations to optimize our facility footprint and better utilize resources, costs associated with discontinuing our radiology product line and reducing redundant costs due to productivity cost savings and business volume reductions. We substantially completed the 2016 restructuring program during the second quarter of 2016. During the three and six months ended July 1, 2016, the Company incurred restructuring costs of $2.1 million and $4.6 million, respectively, related to the 2016 restructuring plan. As of July 1, 2016, the Company incurred cumulative costs related to this restructuring plan totaling $7.7 million. The Company expects to incur additional restructuring charges of $0.3 million to $0.5 million related to the 2016 restructuring plan.

The following table summarizes restructuring costs associated with the 2016 restructuring program for each segment and unallocated corporate costs for the three and six months ended July 1, 2016 (in thousands):

	Three Months Ended		Six Months Ended
	July 1, 2016		July 1, 2016
Laser Products	$	299	$	768
Vision Technologies		1,719		3,458
Precision Motion		19		106
Unallocated Corporate and Shared Services		39		244
Total	$	2,076	$	4,576

2015 Restructuring

During the first quarter of 2015, the Company initiated a program to eliminate redundant costs, as a result of acquisition and divestiture activities, to better align our operations to our strategic growth plans, to further integrate our business lines, and as a consequence of our productivity initiatives. During the three and six months ended July 3, 2015, the Company incurred restructuring costs of $0.1 million and $1.5 million, respectively, in severance costs related to the 2015 restructuring plan. Restructuring costs incurred during the six months ended July 3, 2015 were $0.6 million, $0.5 million, $0.1 million and $0.3 million related to the Laser Products, Vision Technologies, Precision Motion, and Unallocated Corporate and Shared Services reportable segments, respectively.

2011 Restructuring

In November 2011, the Company announced a strategic initiative (“2011 restructuring”), which aimed to consolidate operations to reduce the Company’s cost structure and improve operational efficiency. As part of this initiative, the Company eliminated facilities through the consolidation of certain manufacturing, sales and distribution facilities and the exit of Semiconductor and Laser Systems businesses. The Company substantially completed the 2011 restructuring program by the end of 2013. In March 2016, the Company sold our previously exited Laser Systems facility located in Orlando, Florida for a net cash consideration of $3.6 million. Restructuring costs for the three and six months ended July 1, 2016 included facility costs related to the Orlando, Florida facility. These costs were recorded in the Unallocated Corporate and Shared Services reportable segment.

Rollforward of Accrued Expenses Related to Restructuring

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

	Total			Severance			Facility		Depreciation			Other
Balance at December 31, 2015	$	1,882		$	1,358		$	406	$	—		$	118
Restructuring charges		4,684			2,563			814		616			691
Cash payments		(2,461	)		(1,860	)		26		—			(627	)
Non-cash write-offs and other adjustments		(601	)		(29	)		46		(616	)		(2	)
Balance at July 1, 2016	$	3,504		$	2,032		$	1,292	$	—		$	180

Acquisition and Related Charges

Acquisition related costs incurred to effect a business combination, including finders’ fees, legal, valuation and other professional or consulting fees, totaled $1.7 million and $2.0 million for the three and six months ended July 1, 2016, respectively. Acquisition related costs recognized under earn-out agreements in connection with acquisitions totaled $1.4 million during each of the three and six months ended July 1, 2016.