Restructuring Activities

12 Months Ended

Dec. 31, 2016

Restructuring and Related Activities [Abstract]

Restructuring Activities

Restructuring Activities

Summary of 2015 Restructuring Plans

In September 2015, management approved and commenced implementation of several restructuring actions, including organizational re-alignment, consolidation and relocation of the New York facilities that was completed in December 2015, closure of the Houston facility that was completed in December 2015, and closure of the St. Louis facility that was completed in April 2016, all of which are part of our overall strategy to streamline operations. We have recorded cumulative expenses of $2.2 million for severance and benefits and loss on early exit from leases, all of which were charged to selling, general and administrative expenses in 2015. We do not expect to record additional expenses related to these restructuring plans.

As of December 31, 2016, we have accrued $0.6 million for loss on early exit from lease in the Structural Systems segment.

Summary of 2016 Restructuring Plan

In May 2016, management approved and commenced implementation of the closure of one of our Tulsa facilities that was completed in June 2016, and is part of our overall strategy to streamline operations. We have recorded cumulative expenses of $0.2 million for severance and benefits and loss on early exit from a lease, all of which were charged to selling, general and administrative expenses in 2016. We do not expect to record additional expenses related to this restructuring plan.

As of December 31, 2016, we have accrued $0.1 million for loss on early exit from lease in the Electronic Systems segment.

Our restructuring activities for 2016 and 2015 were as follows (in thousands):

	December 31, 2015		2016							December 31, 2016
	Balance		Charges		Cash Payments			Change in Estimates		Balance
Severance and benefits	$	722	$	49	$	(779	)	$	8	$	—
Lease termination	1,181		133		(674		)	14		654
Ending balance	$	1,903	$	182	$	(1,453	)	$	22	$	654