RESTRUCTURING ACTIVITIES

12 Months Ended

Dec. 31, 2015

RESTRUCTURING ACTIVITIES [Abstract]

RESTRUCTURING ACTIVITIES

3. RESTRUCTURING ACTIVITIES

Activity and liability balances related to restructuring costs for the years ended December 31, 2014 and 2015 are as follows:

			2014							2015
	Liability at				Cash Payments			Liability at				Cash Payments			Liability at
	December 31,		New		and Other			December 31,		New		and Other			December 31,
	2013		Charges		Settlements			2014		Charges		Settlements			2015
Severance costs	$	-	$	1,778	$	(1,778	)	$	-	$	1,144	$	(1,034	)	$	110
Other restructuring costs		-		54		(54	)		-		626		(626	)		-
Total	$	-	$	1,832	$	(1,832	)	$	-	$	1,770	$	(1,660	)	$	110

During the year ended December 31, 2015, the Company's restructuring charges included costs related to reductions in headcount and consolidation and relocation of certain facilities and offices in North America, Asia and Europe and additional headcount reductions at Cinch US, Array and the U.S. and Asia locations of Connectivity Solutions. During the year ended December 31, 2014, the Company incurred severance costs associated with restructuring of management and sales teams after the acquisitions of Power Solutions and Connectivity Solutions.

During 2012, Bel initiated the closure of its Cinch North American manufacturing facility in Vinita, Oklahoma, and transition of  the operations to Reynosa, Mexico and a new facility in McAllen, Texas.  The Cinch restructuring continued into early 2013 and the Company incurred $1.4 million of restructuring costs in 2013 related to these efforts, as detailed in the table above.  These amounts are classified as restructuring charges on the consolidated statements of operations.