XML 33 R22.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Restructuring Charges | 6 Months Ended
--- | ---
Jun. 30, 2018
Restructuring and Related Activities [Abstract] |
Restructuring Costs | Restructuring Charges The 2018 Plan On January 30, 2018, the Company announced its plans to close its lighting division and manufacturing operations in Brecksville, Ohio ("the 2018 Plan"). The Company believes that such business is not core to its strategy and growth objectives. In connection therewith, the Company has terminated approximately fifty employees, and began the process to exit the facilities in Ohio and sell the related equipment. The Company expected to record restructuring charges of approximately $2 million to $5 million related to employee terminations and severance costs, and facility related costs. During the three months ended June 30, 2018, the Company recorded a charge of $0.3 million related primarily to facility related costs. During the six months ended June 30, 2018, the Company recorded a charge of $2.2 million, related primarily to the reduction in workforce, of which $2.0 million was related to the Other segment and $0.2 million was related to corporate support functions. The 2018 Plan is expected to be completed by the second half of 2018. The following table summarizes the 2018 Plan restructuring activities during the six months ended June 30, 2018:
| Employee Severance and Related Benefits |  | Facilities and Other |  | Total
| (In thousands)
Balance at December 31, 2017 | $ | — |  |  | $ | — |  |  | $ | — |
Charges | 2,357 |  |  | 888 |  |  | 3,245 |
Payments | (1,530 | ) |  | (54 | ) |  | (1,584 | )
Non-cash settlements | — |  |  | (670 | ) | * | (670 | )
Balance at March 31, 2018 | 827 |  |  | 164 |  |  | 991 |
Charges | (123 | ) |  | 290 |  |  | 167 |
Payments | (270 | ) |  | (82 | ) |  | (352 | )
Non-cash settlements | — |  |  | — |  |  | — |
Balance at June 30, 2018 | $ | 434 |  |  | $ | 372 |  |  | $ | 806 |
______________________________________ *The non-cash charge of $0.7 million is primarily related to the write down of fixed assets and inventory related to the Other segment. The Company concluded that the closure of its lighting division did not meet the criteria for reporting in discontinued operations in accordance with ASC 360, "Property, Plant, and Equipment". Consequently, the lighting division's long-lived assets were reclassified as held for sale. As of June 30, 2018, the Company sold all property, plant and equipment from its lighting division reclassified as held for sale on the condensed consolidated balance sheets of approximately $3.5 million and recognized a gain on the disposal of the held for sale assets of approximately $1.2 million included in restructuring charges (recoveries) on the condensed consolidated statements of operations.

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 -URI http://asc.fasb.org/topic&trid=2175745 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration