RESTRUCTURING CHARGES

The following table summarizes the activity related to the accrual for restructuring charges detailed by event:



	Q2'10		Q2'12			Q1'13			Q3'13			Q3'14			Total
	(in thousands)
Balance at January 1, 2014 - Restructuring Accrual	$	281	$	897		$	22,949		$	1,314		$	—		$	25,441
(Credits) charges – Employee termination costs, net of change in estimate	—		—			—			(224		)	—			(224		)
Payments – Employee termination costs	—		(383		)	(7,426		)	(471		)	—			(8,280		)
Foreign exchange (gain) loss	—		—			(28		)	5			—			(23		)
Balance at March 31, 2014 - Restructuring Accrual	$	281	$	514		$	15,495		$	624		$	—		$	16,914
(Credits) charges – Employee termination costs, net of change in estimate	—		—			(1,703		)	120			—			(1,583		)
Payments – Employee termination costs	—		(217		)	(5,154		)	(547		)	—			(5,918		)
Foreign exchange (gain) loss	—		—			(20		)	—			—			(20		)
Balance at June 30, 2014 - Restructuring Accrual	$	281	$	297		$	8,618		$	197		$	—		$	9,393
(Credits) charges – Employee termination costs, net of change in estimate	—		—			(161		)	(188		)	1,189			840
Non-cash – Other	—		—			—			—			(71		)	(71		)
Payments – Employee termination costs	—		(169		)	(2,821		)	—			—			(2,990		)
Foreign exchange (gain) loss	—		—			(47		)	—			(66		)	(113		)
Balance at September 30, 2014 - Restructuring Accrual	$	281	$	128		$	5,589		$	9		$	1,052		$	7,059



	Q2'10			Q2'12			Q4'12			Q1'13			Q3'13			Total
	(in thousands)
Balance at January 1, 2013 - Restructuring Accrual	$	439		$	7,418		$	8,365		$	—		$	—		$	16,222
(Credits) charges – Employee termination costs, net of change in estimate	—			—			(460		)	42,821			—			42,361
Charges – Other	—			—			—			453			—			453
Payments – Employee termination costs	—			(2,481		)	(3,833		)	(1,053		)	—			(7,367		)
Payments – Other	—			—			(45		)	(453		)	—			(498		)
Foreign exchange (gain) loss	—			—			(16		)	—			—			(16		)
Balance at March 31, 2013 - Restructuring Accrual	$	439		$	4,937		$	4,011		$	41,768		$	—		$	51,155
(Credits) charges – Employee termination costs, net of change in estimate	—			180			(540		)	942			—			582
Payments – Employee termination costs	(158		)	(812		)	(1,860		)	(5,853		)	—			(8,683		)
Payments – Other	—			—			(185		)	—			—			(185		)
Foreign exchange (gain) loss	—			—			—			140			—			140
Balance at June 30, 2013 - Restructuring Accrual	$	281		$	4,305		$	1,426		$	36,997		$	—		$	43,009
(Credits) charges – Employee termination costs, net of change in estimate	—			—			(264		)	6,957			1,456			8,149
Payments – Employee termination costs	—			(1,462		)	(222		)	(8,630		)	(21		)	(10,335		)
Payments – Other	—			—			—			(6,688		)	—			(6,688		)
Foreign exchange (gain) loss	—			—			—			440			—			440
Balance at September 30, 2013 - Restructuring Accrual	$	281		$	2,843		$	940		$	29,076		$	1,435		$	34,575

The Company records restructuring liabilities related to workforce reductions when the accounting recognition criteria are met and consistent with management's approval and commitment to the restructuring plans in each particular quarter. The restructuring plans identify the number of employees to be terminated, job classifications and functions, location and the date the plan is expected to be completed.

2014 Restructuring Charges

For the three months ended September 30, 2014, the Company recorded restructuring charges of $1.1 million primarily related to workforce reductions in France intended to align operating expenses with macroeconomic conditions and revenue outlooks, and to improve operational efficiency, competitiveness and business profitability.

2013 Restructuring Charges

Restructuring charges in the first quarter of 2013 were primarily related to workforce reductions at the Company's subsidiaries in Rousset, France ("Rousset"), Nantes, France (“Nantes”), and Heilbronn, Germany ("Heilbronn").

Rousset and Nantes

In 2013, each of Rousset and Nantes restructured operations to further align operating expenses with macroeconomic conditions and revenue outlooks, and to improve operational efficiency, competitiveness and business profitability. In connection with formulating these restructuring plans, during the first quarter of 2013, Rousset and Nantes each confidentially negotiated and developed “social plans” in coordination and consultation with their respective local Works Councils. These social plans, which are subject to French law, set forth general parameters, terms and benefits for both voluntary and involuntary employee dismissals. The restructuring charges related to Rousset and Nantes were $26.6 million.

Substantially all of the affected employees ceased active service as of June 30, 2014. There were no significant changes to the plan and no material modifications or changes were made after implementation began.

Heilbronn

In 2013, Heilbronn, and a related site in Ulm, Germany, restructured operations to further align operating expenses with macroeconomic conditions and revenue outlooks, and to improve operational efficiency, competitiveness and business profitability. In connection with formulating this restructuring plan, initial discussions with local Works Councils in Heilbronn and Ulm began in the first quarter of 2013. The restructuring charges related to Heilbronn were $15.8 million.

The Company anticipates all affected employees will cease active service on or before the end of the fourth quarter of 2015. The Company is not expecting significant changes to the plan or material modifications or changes after implementation.

The restructuring charges recorded in the first quarter of 2013 also included $0.9 million related to U.S. and other countries.

The restructuring accrual is expected to be substantially paid out by the end of 2015.

Restructuring charges recorded in the third quarter of 2013 were primarily related to the impairment in value of the Company’s buildings located in France and Greece amounting to $5.1 million and $1.6 million, respectively, and workforce reductions in the U.S. and Norway amounting to $1.5 million. The workforce reductions were designed to align the Company's global operating expenses with macroeconomic conditions and revenue outlook, and to improve operational efficiency, competitiveness and business profitability.