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Restructuring Charges | 12 Months Ended
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Dec. 31, 2014
Restructuring and Related Activities [Abstract] |
Restructuring Costs | Restructuring Charges The 2012 Plan During 2012, the Company initiated a restructuring program to reduce overall corporate expenses which is expected to improve future profitability by reducing spending on marketing, general and administrative programs and refining some of the Company's research and development efforts (the “2012 Plan”). In connection with this restructuring program, the Company estimated that it would incur aggregate costs of approximately $10.0 million. During the year ended December 31, 2014, the Company did not incur any restructuring charges related to this plan. During the year ended December 31, 2013 the Company incurred restructuring charges of $2.1 million related primarily to the consolidation of certain facilities and the reduction in workforce, of which a majority was related to corporate support functions. During the year ended December 31, 2012, the Company incurred restructuring charges of $7.3 million related primarily to the reduction in workforce, of which $3.4 million was related to the previously reportable ESD (formerly named CTO) segment, which is part of the Other segment as of December 31, 2014; $0.7 million was related to the MID reportable segment; $0.1 million was related to the Other segment; and $3.1 million was related to corporate support functions that impacted each of the Company's operating segments. The Company incurred $9.4 million in restructuring related charges related to this plan. The 2012 Plan was completed in the 2014. The following table summarizes the 2012 Plan restructuring activities during the years ended December 31, 2014, 2013 and 2012:
|  | Employee Severance and Related Benefits |  | Facilities |  | Total
|  | (in thousands)
Balance at December 31, 2011 |  | $ | — |  |  | $ | — |  |  | $ | — |
Charges |  | 7,301 |  |  | — |  |  | 7,301 |
Payments |  | (6,395 | ) |  | — |  |  | (6,395 | )
Balance at December 31, 2012 |  | $ | 906 |  |  | $ | — |  |  | $ | 906 |
Charges |  | 136 |  |  | 1,960 |  |  | 2,096 |
Payments |  | (958 | ) |  | (1,307 | ) |  | (2,265 | )
Non-cash settlements |  | — |  |  | (653 | ) | * | (653 | )
Balance at December 31, 2013 |  | $ | 84 |  |  | $ | — |  |  | $ | 84 |
Payments |  | (84 | ) |  | — |  |  | (84 | )
Balance at December 31, 2014 |  | $ | — |  |  | $ | — |  |  | $ | — |
______________________________________ *The non-cash charge of $653 thousand is related to the termination of the Company's financing obligation associated with abandoning a construction asset at one of its facilities. The 2013 Plan During 2013, the Company initiated a restructuring program related primarily to its LDT group as a result of the change in its business strategy to reduce its focus on the lower margin bulb products. Additionally, the Company curtailed spending on its immersive media platform (the “2013 Plan”). In connection with this restructuring program, the Company estimated that it would incur aggregate costs of approximately $3.0 million to $4.0 million. During the year ended December 31, 2014, the Company incurred an immaterial amount of restructuring charges related primarily to the reduction in workforce, which was related to the previously reportable ESD (formerly named CTO) segment, which is part of the Other segment as of December 31, 2014. During the year ended December 31, 2013, the Company incurred restructuring charges of $3.4 million related primarily to the reduction in workforce, of which $2.4 million was related to the previously reportable ESD segment, $0.1 million was related to the MID reportable segment and $0.9 million was related to the Other segment. The 2013 Plan was completed in 2014. The following table summarizes the 2013 Plan restructuring activities during the years ended December 31, 2014 and 2013:
|  | Employee Severance and Related Benefits |  | Facilities |  | Total
|  | (In thousands)
Balance at December 31, 2012 |  | $ | — |  |  | $ | — |  |  | $ | — |
Charges |  | 3,255 |  |  | 195 |  |  | 3,450 |
Payments |  | (1,523 | ) |  | (62 | ) |  | (1,585 | )
Balance at December 31, 2013 |  | $ | 1,732 |  |  | $ | 133 |  |  | $ | 1,865 |
Charges |  | 39 |  |  | — |  |  | 39 |
Payments |  | (1,771 | ) |  | (133 | ) |  | (1,904 | )
Balance at December 31, 2014 |  | $ | — |  |  | — |  |  | $ | — |

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- 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section P -Subsection 3, 4 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 + Details
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