Costs Associated with Exit and Restructuring Activities

Restructuring and impairment charges are reported as a separate line within operating earnings in the Consolidated Statement of Earnings (Loss). Restructuring-related charges are recorded as a component of cost of goods sold. Total restructuring, impairment and restructuring-related charges were $15,195 in 2015, $7,876 in 2014 and $11,700 in 2013 .

Restructuring and impairment charges were $14,564, $5,941 and $10,455 for the years ended December 31, 2015, 2014, and 2013, respectively. Restructuring-related charges were $631, $1,935 and $1,245 for the years ended December 31, 2015, 2014 and 2013, respectively.

During April 2014, CTS announced plans to restructure its operations and consolidate its Canadian operations into other existing CTS facilities as part of CTS' overall plan to simplify its business model and rationalize its global footprint ("April 2014 Plan").

During the second quarter of 2015, CTS management revised the April 2014 Plan. The amendment added an additional $4,250 in planned costs. Additional administrative and legal costs are estimated to account for $1,300 of additional restructuring and impairment charges due to the extension of the timing of the plant shutdown. The remaining $2,950 in restructuring related charges are for additional costs related to equipment relocation, training, travel and shipping costs to facilitate an effective transition.

These restructuring actions, which were substantially completed during 2015, resulted in the elimination of approximately 120 positions.

The following table displays the planned restructuring and restructuring-related charges associated with the April 2014 Plan, as well as a summary of the actual costs incurred through December 31, 2015:



April 2014 Plan	Planned Costs		Actual costs incurred through December 31, 2015
Inventory write-down	$	850	$	—
Equipment relocation	1,800		444
Other charges	1,400		113
Restructuring-related charges, included in cost of goods sold	$	4,050	$	557
Workforce reduction	$	4,200	$	4,423
Other charges, including pension termination costs	1,700		3,413
Restructuring and impairment charges	$	5,900	$	7,836
Total restructuring, impairment and restructuring-related charges	$	9,950	$	8,393

Under the April 2014 Plan, restructuring, impairment, and restructuring-related charges were $4,923 for the year ended December 31, 2015. Restructuring, impairment, and restructuring-related charges were $3,470 for the year ended December 31, 2014.

During June 2013, CTS announced a restructuring plan to simplify CTS' global footprint by consolidating manufacturing facilities into existing locations. This Plan included (1) the consolidation of operations from the U.K. manufacturing facility into the Czech Republic facility, (2) the consolidation of operations from the Carol Stream, Illinois manufacturing facility into the Juarez, Mexico facility, and (3) the discontinuation of manufacturing at our Singapore facility. Certain Corporate functions were consolidated or eliminated as a result of the June 2013 Plan and also as a result of the sale of CTS' EMS business. These restructuring actions called for the elimination of approximately 350 positions.

During the fourth quarter of 2014, CTS management revised the June 2013 Plan. The amendment added an additional $4,000 in planned costs. Settlement of the U.K. pension plan was estimated to account for $2,000 of the added cost. The remaining $2,000 in restructuring and impairment charges were for severance costs that were estimated to result in the elimination of approximately 130 additional positions. The positions eliminated were spread globally throughout CTS businesses.

The following table displays the planned restructuring and restructuring-related charges associated with the June 2013 Plan, as well as a summary of the actual costs incurred through December 31, 2015:



June 2013 Plan	Planned Costs		Actual costs incurred through December 31, 2015
Inventory write-down	$	800	$	1,143
Equipment relocation	900		1,792
Other charges	100		702
Restructuring-related charges, included in cost of goods sold	$	1,800	$	3,637
Workforce reduction	$	10,150	$	9,615
Asset impairment charge	3,000		4,139
Other charges, including pension termination costs	7,650		10,205
Restructuring and impairment charges	$	20,800	$	23,959
Total restructuring and restructuring-related charges	$	22,600	$	27,596

Under the June 2013 Plan, total restructuring, impairment and restructuring-related charges incurred were $10,272, $4,406, and $11,508 for the years ended December 31, 2015, 2014, and 2013, respectively. For the year ended December 31, 2015, the restructuring-related charges were $125 and the restructuring and impairment charges were $10,147. For the year ended December 31, 2014, the restructuring-related charges was $1,935 and the restructuring and impairment charges were $2,471. For the year ended December 31, 2013, the restructuring-related charges were $1,053 and the restructuring and impairment charges were $10,455.

The following table displays the restructuring liability activity for the period ended December 31, 2015:



June 2013 Plan and April 2014 Plan	Restructuring Liability
Restructuring liability at January 1, 2015	$	3,904
Restructuring and restructuring-related charges	15,195
Cost paid	(18,273		)
Restructuring liability at December 31, 2015	$	826

During December of 2012, CTS realigned its operations to suit its business needs ("December 2012 Plan"). These realignment actions resulted in the elimination of approximately 190 positions. These actions were completed as of March 31, 2013. Under the December 2012 Plan, total restructuring, impairment and restructuring-related charges incurred were $264 for the year ended December 31, 2013.