Restructuring Charges

9 Months Ended

Sep. 30, 2019

Restructuring Charges [Abstract]

Restructuring Charges

Note 15 – Restructuring Charges

The Company has undertaken initiatives to restructure its business operations to improve utilization and realize cost savings. These initiatives have included changing the number and location of production facilities, largely to align capacity and infrastructure with current and anticipated customer demand. This alignment includes transferring programs from higher cost geographies to lower cost geographies. The process of restructuring entails moving production between facilities, reducing staff levels, realigning our business processes, reorganizing our management and other activities.

The Company recognized restructuring charges during 2019 and 2018 primarily related to facility transitions in the Americas, capacity reduction and reductions in workforce in certain facilities across various regions. The following table summarizes the 2019 activity in the accrued restructuring balances related to the restructuring activities initiated prior to September 30, 2019:

		Balance as of							Foreign			Balance as of
		December 31,		Restructuring			Cash	Non-Cash	Exchange			September 30,
(in thousands)			2018		Charges		Payment	Activity	Adjustments			2019
2019 Restructuring:
	Severance	$	—	$	5,408	$	(1,108)	—	$	—	$	4,300
	Other exit costs		—		1,578		(559)	(834)		—		185
			—		6,986		(1,667)	(834)		—		4,485
2018 Restructuring:
	Severance		282		—		(282)	—		—		—
	Other exit costs		918		461		(1,379)	—		—		—
			1,200		461		(1,661)	—		—		—
2017 Restructuring:
	Other exit costs		135		—		(124)	—		(4)		7
			135		—		(124)	—		(4)		7
Total		$	1,335	$	7,447	$	(3,452)	(834)	$	(4)	$	4,492