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Restructuring, Impairment and Other Charges
12 Months Ended
Dec. 29, 2018
Restructuring and Related Activities [Abstract]  
Restructuring, Impairment, and Other Charges
Restructuring, Impairment and Other Charges

The Company recorded restructuring, impairment and other charges-net for fiscal years 2018, 2017, and 2016 as follows:

 
Fiscal Year Ended December 29, 2018
(in thousands)
Electronics
 
Automotive
 
Industrial
 
Total
Employee terminations
$
8,742

 
$
634

 
$
127

 
$
9,503

Other restructuring charges
670

 
192

 

 
862

   Total restructuring charges
9,412

 
826

 
127

 
10,365

Impairment

 
88

 
2,130

 
2,218

   Total
$
9,412

 
$
914

 
$
2,257

 
$
12,583


 
Fiscal Year Ended December 30, 2017
(in thousands)
Electronics
 
Automotive
 
Industrial
 
Total
Employee terminations
$
1,244

 
$
371

 
$
378

 
$
1,993

Other restructuring charges
234

 

 

 
234

   Total restructuring charges
1,478

 
371

 
378

 
2,227

Impairment

 

 

 

   Total
$
1,478

 
$
371

 
$
378

 
$
2,227


 
Fiscal Year Ended December 31, 2016
(in thousands)
Electronics
 
Automotive
 
Industrial
 
Total
Employee terminations
$
135

 
$
299

 
$
1,094

 
$
1,528

Other restructuring charges
1,609

 
75

 
783

 
2,467

   Total restructuring charges
1,744

 
374

 
1,877

 
3,995

Impairment

 

 
14,809

 
14,809

   Total
$
1,744

 
$
374

 
$
16,686

 
$
18,804



2018
For the year ended December 29, 2018, the Company recorded total restructuring charges of $10.4 million for employee termination costs and other restructuring charges related to lease termination and facility closure. These charges primarily related to the integration of IXYS and the reorganization of the IXYS Radio Pulse business within the Electronics segment and the reorganization of operations in the Commercial Vehicle Products business within the Automotive segment.

For the year ended December 29, 2018, the Company recorded impairment charges of $2.2 million primarily related to the impairment of a building and a trade name associated with the exit of the Custom business within the Industrial segment.

2017
For the year ended December 30, 2017, the Company recorded total restructuring charges of $2.2 million for employee termination costs and other restructuring charges. The Company recorded $2.0 million for employee termination costs primarily related to the reorganization of selling, general, and administrative functions within the Electronics segments as well as the reorganization of certain operations.

2016
For the year ended December 31, 2016, the Company recorded total restructuring charges of $4.0 million for employee termination costs and other restructuring charges, of which $1.6 million related to a manufacturing product line relocation within the Electronics segment. The Company recorded $1.5 million for employee termination costs primarily related to the reorganization of certain operations in the Industrial and Automotive segments.

Additionally, the Company recognized a charge for goodwill impairment of $8.8 million for its Custom Products reporting unit
within the Industrial segment, and non-cash impairment charges of $6.0 million, of which $3.8 million related to the impairment of the Custom Products tradename and $2.2 million related to the impairment of certain customer relationship intangible assets in the Custom Products reporting unit within the Industrial segment.

The restructuring reserves as of December 29, 2018 and December 30, 2017 are $3.9 million and $1.5 million, respectively. The restructuring reserves are included within accrued liabilities. Payments associated with employee terminations reflected in the above table were substantially completed by December 29, 2018. The Company anticipates the remaining payments associated with employee terminations will be completed in the first quarter of fiscal 2019.