Restructuring Charges

9 Months Ended

Sep. 29, 2013

Restructuring and Related Activities [Abstract]

In an effort to consolidate and streamline its engineering organization, the Company implemented a restructuring plan on March 28, 2013. The total associated charges for employee severance benefits under this restructuring plan were $213,000. The Company recorded a $213,000 restructuring liability during the first nine months of 2013 and released $32,000 of its restructuring accrual in the third quarter of 2013. As of September 29, 2013, the Company has paid $181,000 of the restructuring charges in employee severance benefits. The restructuring liabilities were included in the "Accrued Liabilities" line item in its consolidated balance sheets, and the activities affecting the liabilities as of September 29, 2013 are summarized as follows:



	Restructuring Liabilities
	(in thousands)
Balance at December 30, 2012	$	—
Net expense	181
Payments	(181		)
Balance at September 29, 2013	$	—

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References+ Details