XML 36 R22.htm IDEA: XBRL DOCUMENT
v3.8.0.1

15. Restructuring Costs (Notes) | 12 Months Ended
--- | ---
Dec. 31, 2017
Restructuring Costs [Abstract] |
Restructuring and Related Activities Disclosure [Text Block] | RESTRUCTURING COSTS Restructuring Costs for European Reorganization In May 2016, we announced that we would take certain actions in our Europe geographic region designed to better align expenses to our revenue and gross margin profile and position us for improved operating performance. These actions, aligned with creation and evolution of our organization structure and coordinated with the implementation of our global single instance ERP platform, are expected to be incurred through 2019. As a result, we recorded approximately $0.5 million and $12.5 million in restructuring charges related to severance and other employee benefits for the years ended December 31, 2017 and 2016, respectively. The liability of $6.3 million as of December 31, 2017 consisted of $6.2 million recorded in Accrued payroll and employee benefits and $0.1 million recorded in Other long-term liabilities in the Consolidated Balance Sheets. The amounts recorded were reflected in Cost of goods sold of $(0.2) million and $2.1 million, and in Selling, general and administrative expense of $0.7 million and $10.4 million in the Consolidated Statements of Income for the years ended December 31, 2017 and 2016, respectively. The amounts adjusted were primarily for additional positions identified for elimination, partially offset by employees finding other positions within Bio-Rad or leaving prematurely. The following table summarizes the activity of our European reorganization restructuring reserves for severance (in millions):
|  | 2017 |  | 2016
|  | Life Science |  | Clinical Diagnostics |  | Total |  | Life Science |  | Clinical Diagnostics |  | Total
Balance as of January 1 |  | $ | 3.2 |  |  | $ | 5.8 |  |  | $ | 9.0 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Charged to expense |  | — |  |  | — |  |  | — |  |  | 4.1 |  |  | 7.6 |  |  | 11.7 |
Adjustment to expense |  | 0.2 |  |  | 0.3 |  |  | 0.5 |  |  | 0.3 |  |  | 0.5 |  |  | 0.8 |
Cash payments |  | (1.5 | ) |  | (2.7 | ) |  | (4.2 | ) |  | (1.0 | ) |  | (2.0 | ) |  | (3.0 | )
Foreign currency translation losses (gains) |  | 0.3 |  |  | 0.7 |  |  | 1.0 |  |  | (0.2 | ) |  | (0.3 | ) |  | (0.5 | )
Balance as of December 31 |  | $ | 2.2 |  |  | $ | 4.1 |  |  | $ | 6.3 |  |  | $ | 3.2 |  |  | $ | 5.8 |  |  | $ | 9.0 |
Restructuring Costs for GnuBIO, Inc. In 2014, we acquired GnuBIO, Inc. (GnuBIO) as a business acquisition. It is included in our Clinical Diagnostics segment’s results of operations as a division, and is primarily based in Massachusetts. In September 2017, we announced that we are closing the GnuBIO research program facilities in Massachusetts. As a result, we recorded restructuring charges in September 2017 related to severance and employee benefits of $2.9 million and asset write-offs of $5.5 million. The amounts recorded were reflected in Selling, general and administrative expense of $0.8 million and in Research and development expense of $7.6 million in the Consolidated Statements of Income for the year ended December 31, 2017. The liability balance as of December 31, 2017 was $1.4 million and is recorded in Accrued payroll and employee benefits in the Consolidated Balance Sheets. We expect the remainder to be paid in early 2018. Restructuring Costs for Termination of an Infectious Disease Research and Development Project In December 2017, we announced the termination of an infectious disease research and development project, which is included in our Clinical Diagnostics segment's results of operations. As a result, we recorded restructuring charges related to severance and employee benefits of $11.0 million, and asset write-offs and exit costs of $10.1 million for the year ended December 31, 2017. The amounts recorded were reflected in Cost of goods sold of $2.3 million, in Selling, general and administrative expense of $3.3 million, and in Research and development expense of $15.5 million in the Consolidated Statements of Income for the year ended December 31, 2017. The liability of $14.1 million as of December 31, 2017 consisted of $11.1 million recorded in Accrued payroll and employee benefits and $3.0 million recorded in Other current liabilities in the Consolidated Balance Sheets. The following table summarizes the activity for the termination of the infectious disease research and development project restructuring reserves for severance and exit costs (in millions):
|  | 2017
Balance as of January 1 |  | $ | — |
Charged to expense |  | 14.0 |
Cash payments |  | — |
Foreign currency translation losses |  | 0.1 |
Balance as of December 31 |  | $ | 14.1 |

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

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