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Restructuring and Integration
12 Months Ended
Dec. 31, 2017
Restructuring and Related Activities [Abstract]  
Restructuring and Integration

Note 13. Restructuring and Integration

The following tables summarize restructuring and integration charges for the years ended December 31, 2017, 2016, and 2015.

 

     Year Ended December 31, 2017  
     APC      PEP      Corporate and
Consolidations
     Total  

Severance and other costs

   $ 17      $ —        $ —        $ 17  

Site closure and other associated costs

     369        —          —          369  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 386      $ —        $ —        $ 386  
  

 

 

    

 

 

    

 

 

    

 

 

 
     Year Ended December 31, 2016  
     APC      PEP      Corporate and
Consolidations
     Total  

Severance and other costs

   $ 851      $ 836      $ —        $ 1,687  

Site closure and other associated costs

     3,488        483        —          3,971  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 4,339      $ 1,319      $ —        $ 5,658  
  

 

 

    

 

 

    

 

 

    

 

 

 
     Year Ended December 31, 2015  
     APC      PEP      Corporate and
Consolidations
     Total  

Severance and other costs

   $ 672      $ 850      $ —        $ 1,522  

Site closure and other associated costs

     1,962        —          1,765        3,727  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 2,634      $ 850      $ 1,765      $ 5,249  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

The following tables summarize restructuring and integration reserve activity for the years ended December 31, 2017, 2016, and 2015.

 

     Reserve
Balance as of
December 31, 2016
     Charges      Non-cash
Adjustments
    Cash
Reductions
    Reserve
Balance as of
December 31, 2017
 

Severance and other costs

   $ 1,000      $ 17      $ (164   $ (853   $ —    

Site closure and other associated costs

     1,625        369        —         (895     1,099  
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

Total

   $ 2,625      $ 386      $ (164   $ (1,748   $ 1,099  
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 
     Reserve
Balance as of
December 31, 2015
     Charges      Non-cash
Adjustments
    Cash
Reductions
    Reserve
Balance as of
December 31, 2016
 

Severance and other costs

   $ 887      $ 1,687      $ (278   $ (1,296   $ 1,000  

Site closure and other associated costs

     1,845        3,971        (2,142     (2,049     1,625  
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

Total

   $ 2,732      $ 5,658      $ (2,420   $ (3,345   $ 2,625  
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 
     Reserve
Balance as of
December 31, 2014
     Charges      Non-cash
Adjustments
    Cash
Reductions
    Reserve
Balance as of
December 31, 2015
 

Severance and other costs

   $ —        $ 1,522      $ (408   $ (227   $ 887  

Site closure and other associated costs

     —          3,727        (1,882     —         1,845  
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

Total

   $ —        $ 5,249      $ (2,290   $ (227   $ 2,732  
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

In 2017, we recognized restructuring and integration expense of $0.4 million in our APC segment related primarily to the closure of a plant in Wheeling, Illinois, which was a part of our integration plan after the acquisition of Autocam Corporation in 2014.

In 2016, we recognized restructuring and integration expense of $4.3 million in our APC segment primarily related to the closure of the Wheeling plant. These charges consisted of $0.8 million of severance costs, fixed asset impairment of $0.3 million, and site closure costs of $3.2 million. We also recognized $1.3 million related to initiatives within our PEP segment related to integration costs, rebranding, site moving costs for two plants, and associated employee costs.

In 2015, we recognized $2.6 million of restructuring and integration expense in our APC segment related to the closure of the Wheeling plant. This charge consisted of severance costs of $0.7 million, one-time inventory reduction of $1.0 million, and a fixed asset impairment charge of $0.9 million relating to the closure of the facility. Within our PEP segment, restructuring initiatives to adjust inventory resulted in a charge of $0.9 million, which consisted of adjusting inventory for obsolescence. An additional $1.8 million was incurred at corporate for an accounting and reporting system that was ultimately never deployed and abandoned during 2015.

We are continually identifying restructuring and impairment costs at our segments. Future filings will include updates to these activities along with a reconciliation of beginning and ending liabilities. As of December 31, 2017, the entire reserve balance relates to the Wheeling plant closure. Within the next twelve months we expect to pay $1.0 million of the reserve balance, with the remaining reserve of $0.1 million expected to be paid in January 2019. We do not expect to incur any additional costs related to the closure of the Wheeling plant.