)

Restructuring Charges and Acquisition Costs

Restructuring charges

Subsequent to the ASW Acquisition, in 2014, we incurred employee separation costs for staffing reductions associated with the acquisition. In February 2015, we elected to consolidate our PC strand operations with the closure of the Newnan, Georgia facility that had been acquired through the ASW Acquisition, which was completed in March 2015.

Following is a summary of the restructuring activities and associated costs that were incurred during 2016, 2015 and 2014:

(In thousands)	Asset Impairment Charges			Equipment Relocation Costs			Severance and Other Employee Separation Costs			Facility Closure Costs			Gain on Sale of Property and Equipment			Total
2016
Liability as of October 3, 2015	$	-		$	-		$	735		$	-		$	-		$	735
Restructuring charges (recoveries)		20			186			-			89			(180	)		115
Cash payments		-			(155	)		(496	)		(89	)		-			(740	)
Non-cash charges		(20	)		-			-			-			180			160
Liability as of October 1, 2016	$	-		$	31		$	239		$	-		$	-		$	270

2015
Liability as of September 27, 2014	$	-		$	-		$	1,208		$	-		$	-		$	1,208
Restructuring charges (recoveries)		543			79			75			547			(895	)		349
Cash payments		-			(79	)		(548	)		(547	)		-			(1,174	)
Non-cash charges		(543	)		-			-			-			895			352
Liability as of October 3, 2015	$	-		$	-		$	735		$	-		$	-		$	735

2014
Restructuring charges	$	-		$	-		$	1,247		$	-		$	-		$	1,247
Cash payments		-			-			(39	)		-			-			(39	)
Liability as of September 27, 2014	$	-		$	-		$	1,208		$	-		$	-		$	1,208

As of October 1, 2016, we recorded restructuring liabilities amounting to $0.3 million on our consolidated balance sheet, including $0.1 million in accounts payable and $0.2 million in accrued expenses. As of October 3, 2015, we recorded restructuring liabilities amounting to $0.7 million on our consolidated balance sheet, including $0.5 million in accrued expenses and $0.2 million in other liabilities. We do not currently expect to incur any significant restructuring charges during 2017.

Acquisition costs.

During 2014, we recorded $0.6 million of acquisition-related costs associated with the ASW Acquisition for legal, accounting and other professional fees.