Restructuring, Integration, and Other Charges

In 2017, 2016, and 2015, the company recorded restructuring, integration, and other charges of $91,294, $73,602, and $68,765, respectively.

The following table presents the components of the restructuring, integration, and other charges for the years ended December 31:



	2017		2016		2015
Restructuring and integration charge - current period actions	$	46,816	$	32,894	$	39,119
Restructuring and integration charges - actions taken in prior periods	6,191		3,611		4,084
Other charges	38,287		37,097		25,562
	$	91,294	$	73,602	$	68,765

2017 Restructuring and Integration Charge

The following table presents the components of the 2017 restructuring and integration charge of $46,816 and activity in the related restructuring and integration accrual for 2017:



	Personnel Costs			Facilities Costs			Other			Total
Restructuring and integration charge	$	37,615		$	8,192		$	1,009		$	46,816
Payments	(23,384		)	(3,494		)	(926		)	(27,804		)
Foreign currency translation	1,045			176			17			1,238
Balance as of December 31, 2017	$	15,276		$	4,874		$	100		$	20,250

These restructuring initiatives are due to the company's continued efforts to lower cost and drive operational efficiency. Integration costs are primarily related to the integration of acquired businesses within the company's pre-existing business and the consolidation of certain operations.

2016 Restructuring and Integration Charge

The following table presents the components of the 2016 restructuring and integration charge of $32,894 and activity in the related restructuring and integration accrual for 2016 and 2017:



	Personnel Costs			Facilities Costs			Other			Total
Restructuring and integration charge	$	25,763		$	5,786		$	1,345		$	32,894
Payments	(13,730		)	(1,974		)	(1,132		)	(16,836		)
Foreign currency translation	(339		)	(19		)	103			(255		)
Balance as of December 31, 2016	11,694			3,793			316			15,803
Restructuring and integration charge (credit)	6,498			(525		)	(196		)	5,777
Payments	(12,229		)	(2,767		)	(119		)	(15,115		)
Foreign currency translation	459			213			18			690
Balance as of December 31, 2017	$	6,422		$	714		$	19		$	7,155

Restructuring and Integration Accruals Related to Actions Taken Prior to 2016

Included in restructuring, integration, and other charges for 2017 are restructuring and integration charges of $414 related to restructuring and integration actions taken prior to 2016. The restructuring and integration charge (credits) includes adjustments to personnel costs of $750, facilities costs of $(316), and other costs of $(20). The restructuring and integration accruals related to actions taken prior to 2016 of $3,175, include accruals for personnel costs of $2,523, accruals for facilities costs of $524, and accrual for other costs of $128.

Restructuring and Integration Accrual Summary

In summary, the restructuring and integration accruals aggregate $30,580 at December 31, 2017, all of which are expected to be spent in cash, and are expected to be utilized as follows:


•	The accruals for personnel costs totaling $24,221 relate to the termination of personnel that have scheduled payouts of $20,599 in 2018, $2,576 in 2019, $1,005 in 2020, and $41 in 2021.


•	The accruals for facilities totaling $6,112 relate to vacated leased properties that have scheduled payments of $1,730 in 2018, $669 in 2019, $698 in 2020, $451 in 2021, $327 in 2022, and $2,237 thereafter.


•	Other accruals of $247 are expected to be spent within one year.

Other Charges

Included in restructuring, integration, and other charges for 2017 are other expenses of $38,287. The following items represent other charges and credits recorded to restructuring, integration, and other charges for the year ended December 31, 2017:


•	acquisition related charges for 2017 of $7,658 related to contingent consideration for acquisitions completed in prior years which were conditional upon the financial performance of the acquired companies and the continued employment of the selling shareholders, as well as professional and other fees directly related to recent acquisition activity;


•	an additional expense of $2,071 to increase its accrual for the Wyle Laboratories ("Wyle") environmental obligation (see Note 15);


•	a net loss on real estate transactions of $3,144; and


•	a settlement expense of $16,706 relating to settling a portion of the company's Wyle defined benefit plan (see Note 13).

Included in restructuring, integration, and other charges for 2016 are other expenses of $37,097. The following items represent other charges and credits recorded to restructuring, integration, and other charges for the year ended December 31, 2016:


•	a settlement expense of $12,211 relating to the company's adoption of an amendment to its Wyle defined benefit plan (see Note 13);


•	an additional expense of $11,771 to increase its accrual for the Wyle environmental obligation (see Note 15);


•	acquisition related charges for 2016 of $8,705 related to contingent consideration for acquisitions completed in prior years, which were conditional upon the financial performance of the acquired companies and the continued employment of the selling shareholders, as well as professional and other fees directly related to recent acquisition activity;


•	a fraud loss, net of insurance recoveries and incremental expenses, of $4,329; and


•	a credit related to the release of a $2,376 legal reserve.

In January 2016, the company determined that it was the target of criminal fraud by persons impersonating a company executive, which resulted in unauthorized transfers of cash from a company account in Europe to outside bank accounts in Asia. Legal actions by the company and law enforcement are ongoing. The information gathered by the company indicates that this was an isolated event not associated with a security breach or loss of data. Additionally, no officers or employees of the company were involved in the fraud.

Included in restructuring, integration, and other charges for 2015 are acquisition related expenses of $19,565, primarily consisting of charges related to contingent consideration for acquisitions completed in prior years which were conditional upon the financial performance of the acquired companies and the continued employment of the selling shareholders, as well as professional and other fees directly related to recent acquisition activity.