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Note 2 - Restructuring and Other Charges

9 Months Ended

Sep. 27, 2014

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

2. RESTRUCTURING AND OTHER CHARGES

RESTRUCTURING

During the three and nine months ended September 27, 2014, the Company implemented workforce reductions that eliminated approximately 50 and 150 positions, respectively, throughout the Company, and recorded restructuring charges of $1,696 and $3,834, respectively, for severance, related benefits and other costs. The unpaid balance at September 27, 2014 was $1,018 and was recorded within Accrued restructuring costs.

During the nine months ended September 28, 2013, the Company implemented a workforce reduction that eliminated approximately 25 positions throughout the Company, and recorded a restructuring charge of $1,915 for severance, related benefits and other costs.

Activity and liability balances related to the restructurings were as follows:

	Accrued Restructuring Costs
December 31, 2012 balance	$	395
Restructuring expense		1,915
Payments		(2,065	)
December 31, 2013 balance	$	245
Restructuring expense		3,834
Payments		(3,061	)
September 27, 2014 balance	$	1,018

OTHER CHARGES

During the second quarter of 2014, the Company reviewed and identified certain surplus manufacturing fixed assets and recorded a restructuring charge of $3,722 to write down certain assets to their current market value based on expected cash proceeds for the sale of these fixed assets. During the third quarter of 2014, the Company recorded approximate proceeds on the sale of certain Assets held for sale of $1,850 and offset their related $1,591 net gain against Restructuring charges. As of September 27, 2014, the Company maintains $3,251 of net fixed assets classified as Assets held for sale within Current assets on the Condensed consolidated balance sheets.

During the second quarter of 2014, the Company recorded a charge of $2,080 to Cost of sales for inventory write-downs on certain excess Mobile inventory.

- 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.

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