Restructuring and Impairment Charges

3 Months Ended

Mar. 31, 2019

Restructuring and Related Activities [Abstract]

Restructuring and Impairment Charges

Note 17 – Restructuring and Impairment Charges

In 2018, we made the decision to consolidate our Santa Fe Springs, California operations into the Company’s facilities in Carol Stream, Illinois and Bear, Delaware. We recorded $0.8 million of expense for the three months ended March 31, 2019 related to the facility consolidation. The fair value of the total severance benefits paid in connection with the facility consolidation was $0.5 million. The total severance costs were expensed ratably over the required service period for the affected employees. All severance expenses were recorded as of December 31, 2018, and the final severance payments were made in the first quarter of 2019.

The following table presents severance activity related to the facility consolidation for the three months ended March 31, 2019:

(Dollars in thousands)	Severance Related to Facility Consolidation
Balance as of December 31, 2018	$	523
Provisions	—
Payments	(523		)
Balance as of March 31, 2019	$	—