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Restructuring Costs and Other Income
12 Months Ended
Dec. 30, 2017
Restructuring and Related Activities [Abstract]  
Restructuring Costs and Other Income
Restructuring Costs and Other Income

Restructuring Costs
In 2017, the Company recorded restructuring costs of $203,000 associated with severance costs for the reduction of four employees in the United States and six employees in Sweden in the Papermaking Systems segment. In 2017, the Company constructed a 160,000 square foot manufacturing facility in the United States and will integrate its U.S. and Swedish stock-preparation product lines into a single manufacturing facility to achieve economies of scale and greater efficiencies. The Company has identified other restructuring actions related to this plan, such as the relocation of machinery and equipment, severance and abandonment of leased facilities, which will result in additional charges of approximately $1,708,000 that will be recorded in 2018 when specified criteria are met.
In 2015, the Company recorded restructuring costs of $515,000, including $344,000 related to its 2015 restructuring plans, and an additional charge of $171,000 related to its 2014 restructuring plans. The 2015 charges related to severance costs associated with the reduction of 25 employees in Canada and Brazil. The 2014 charges related to severance costs associated with the reduction of four employees in Sweden. These actions were taken to further streamline operations related to previous restructuring actions in its Papermaking Systems Segment.
A summary of the changes in accrued restructuring costs included in other accrued expenses in the accompanying consolidated balance sheet are as follows:
(In thousands)
 
Severance
Costs
2017 Restructuring Plan
 
 
Provision
 
$
203

Balance at December 30, 2017
 
$
203

2015 Restructuring Plans
 
 
Provision
 
$
344

Usage
 
(323
)
Currency translation
 
(21
)
Balance at January 2, 2016
 
$

2014 Restructuring Plans
 
 
Balance at January 3, 2015
 
$
47

Provision
 
171

Usage
 
(214
)
Currency translation
 
(4
)
Balance at January 2, 2016
 
$



Other Income
In 2016, other income consisted of a pre-tax gain of $317,000 from the sale of real estate in Sweden for cash proceeds of $368,000.