Restructuring Charges

The Company has implemented restructuring plans which include programs to increase competitiveness by removing excess capacity, relocating production to lower cost locations, relocating corporate function to the new headquarters, and eliminating unnecessary costs throughout the Company. Significant restructuring plans which include personnel reduction costs during the quarter ended June 30, 2018 are summarized below (amounts in thousands):



		Total expected to be incurred				Incurred during quarter ended June 30, 2018					Cumulative incurred to date
Restructuring Plan	Segment	Personnel Reduction Costs		Relocation & Exit Costs		Personnel Reduction Costs			Relocation & Exit Costs		Personnel Reduction Costs		Relocation & Exit Costs
US overhead function relocation to Fort Lauderdale, FL	Corporate	$	2,655	$	909	$	(79	)	$	—	$	2,655	$	909
Tantalum powder facility relocation	Solid Capacitors	897		2,098		—			—		—		—

A summary of the expenses aggregated in the Condensed Consolidated Statements of Operations line item “Restructuring charges” in the quarters ended June 30, 2018 and 2017, is as follows (amounts in thousands):



	Quarters Ended June 30,
	2018			2017
Personnel reduction costs	$	(84	)	$	238
Relocation and exit costs	(12		)	1,375
Restructuring charges	$	(96	)	$	1,613

Quarter Ended June 30, 2018

The Company recorded a credit of $0.1 million in restructuring charges in the quarter ended June 30, 2018 comprised of a $0.1 million credit to personnel reduction costs. The credit to personnel reduction costs is due to an adjustment to the Company's accrual for severance charges in the Simpsonville, South Carolina office.

Quarter Ended June 30, 2017

The Company incurred $1.6 million in restructuring charges in the quarter ended June 30, 2017 comprised of a $0.2 million in personnel reduction costs and $1.4 million in manufacturing relocation and exit costs.

The personnel reduction costs of $0.2 million were due to severance charges across various overhead functions in the Simpsonville, South Carolina office as these functions were relocated to the Company's new corporate headquarters in Fort Lauderdale, Florida.

The manufacturing relocation and exit costs of $1.4 million primarily consisted of $0.9 million in lease termination penalties related to the relocation of global marketing, finance and accounting, and information technology functions to the Company's Fort Lauderdale, Florida office, $0.2 million in expenses related to the relocation of the K-Salt operations to the existing Matamoros, Mexico plant, $0.2 million in exit costs related to the shut-down of operations for KEMET Foil Manufacturing, LLC ("KFM") in Knoxville, Tennessee, and $0.1 million related to the transfer of certain Tantalum production from Simpsonville, South Carolina to Victoria, Mexico.

Reconciliation of Restructuring Liability

A reconciliation of the beginning and ending liability balances for restructuring charges included in the line items “Accrued expenses” and “Other non-current obligations” on the Condensed Consolidated Balance Sheets for the quarters ended June 30, 2018 and 2017 is as follows (amounts in thousands):



	Quarter Ended June 30, 2018						Quarter Ended June 30, 2017
	Personnel Reductions			Manufacturing Relocations			Personnel Reductions			Manufacturing Relocations
Beginning of period	$	9,629		$	330		$	999		$	406
TOKIN opening balance	—						—			314
Costs charged to expense	(79		)	—			238			1,375
Costs paid or settled	(5,136		)	—			(457		)	(1,781		)
Change in foreign exchange	(244		)	(13		)	18			—
End of period	$	4,170		$	317		$	798		$	314