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Restructuring, Integration, and Other Charges | 9 Months Ended
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Sep. 28, 2013
Restructuring Charges [Abstract] |
Restructuring, Integration and Other Charges [Text Block] | Restructuring, Integration, and Other Charges During the third quarters of 2013 and 2012, the company recorded restructuring, integration, and other charges of $22,568 ($16,077 net of related taxes or $.16 per share on both a basic and diluted basis) and $14,562 ($8,576 net of related taxes or $.08 per share on both a basic and diluted basis), respectively. During the first nine months of 2013 and 2012, the company recorded restructuring, integration, and other charges of $74,402 ($52,260 net of related taxes or $.51 and $.50 per share on a basic and diluted basis, respectively) and $36,152 ($24,419 net of related taxes or $.22 per share on both a basic and diluted basis), respectively. The following table presents the components of the restructuring, integration, and other charges:
|  | Quarter Ended |  | Nine Months Ended
|  | September 28, 2013 |  | September 29, 2012 |  | September 28, 2013 |  | September 29, 2012
Restructuring charges - current period actions |  | $ | 20,007 |  |  | $ | 15,151 |  |  | $ | 65,871 |  |  | $ | 29,998 |
Restructuring and integration charges - actions taken in prior periods |  | 34 |  |  | 655 |  |  | 955 |  |  | 1,082 |
Acquisition-related expenses (credits) |  | 2,527 |  |  | (1,244 | ) |  | 7,576 |  |  | 5,072 |
|  | $ | 22,568 |  |  | $ | 14,562 |  |  | $ | 74,402 |  |  | $ | 36,152 |
2013 Restructuring Charge The following table presents the components of the 2013 restructuring charge of $65,871 and activity in the related restructuring accrual for the first nine months of 2013:
|  | Personnel Costs |  | Facilities |  | Other |  | Total
Restructuring charge |  | $ | 56,561 |  |  | $ | 8,415 |  |  | $ | 895 |  |  | $ | 65,871 |
Payments |  | (32,334 | ) |  | (3,696 | ) |  | — |  |  | (36,030 | )
Non-cash usage |  | — |  |  | — |  |  | (753 | ) |  | (753 | )
Foreign currency translation |  | 643 |  |  | 65 |  |  | — |  |  | 708 |
Balance as of September 28, 2013 |  | $ | 24,870 |  |  | $ | 4,784 |  |  | $ | 142 |  |  | $ | 29,796 |
The restructuring charge of $65,871 for the first nine months of 2013 includes personnel costs of $56,561, facilities costs of $8,415, and other costs of $895. The personnel costs are related to the elimination of approximately 770 positions within the global components business segment and approximately 250 positions within the global ECS business segment. The facilities costs are related to exit activities for 31 vacated facilities worldwide due to the company's continued efforts to streamline its operations and reduce real estate costs. These restructuring initiatives are due to the company's continued efforts to lower cost and drive operational efficiency. 2012 Restructuring Charge The following table presents the activity in the restructuring accrual for the first nine months of 2013 related to the 2012 restructuring:
|  | Personnel Costs |  | Facilities |  | Total
Balance as of December 31, 2012 |  | $ | 10,501 |  |  | $ | 4,442 |  |  | $ | 14,943 |
Restructuring charge (credit) |  | 790 |  |  | (489 | ) |  | 301 |
Payments |  | (9,290 | ) |  | (2,336 | ) |  | (11,626 | )
Foreign currency translation |  | (15 | ) |  | (78 | ) |  | (93 | )
Balance as of September 28, 2013 |  | $ | 1,986 |  |  | $ | 1,539 |  |  | $ | 3,525 |
Restructuring Accruals Related to Actions Taken Prior to 2012 The following table presents the activity in the restructuring accruals for the first nine months of 2013 related to restructuring actions taken prior to 2012:
|  | Personnel Costs |  | Facilities |  | Total
Balance as of December 31, 2012 |  | $ | 1,408 |  |  | $ | 3,863 |  |  | $ | 5,271 |
Restructuring charges (credits) |  | (141 | ) |  | 795 |  |  | 654 |
Payments |  | (333 | ) |  | (1,738 | ) |  | (2,071 | )
Foreign currency translation |  | 19 |  |  | (5 | ) |  | 14 |
Balance as of September 28, 2013 |  | $ | 953 |  |  | $ | 2,915 |  |  | $ | 3,868 |
Restructuring Accrual Summary In summary, the restructuring accruals aggregate $37,189 at September 28, 2013, all of which are expected to be spent in cash, and are expected to be utilized as follows:
• | The accruals for personnel costs totaling $27,809 to cover the termination of personnel are primarily expected to be spent within one year.
• | The accruals for facilities totaling $9,238 relate to vacated leased properties that have scheduled payments of $4,464 in 2013, $3,051 in 2014, $941 in 2015, $572 in 2016, $151 in 2017, and $59 thereafter.
• | Other accruals of $142 is expected to be spent within one year.
Acquisition-Related Expenses (Credits) Included in restructuring, integration, and other charges for the third quarter and first nine months of 2013 are acquisition-related expenses of $2,527 and $7,576, respectively, primarily consisting of changes in the fair value of contingent consideration for acquisitions completed in prior years which were conditional upon the financial performance of the acquired companies and the continued employment of the selling shareholders, as well as professional fees directly related to recent acquisition activity. Included in restructuring, integration, and other charges for the third quarter and first nine months of 2012 are acquisition-related expenses (credits) of $(1,244) and $5,072, respectively. Acquisition-related expenses (credits) primarily consist of changes in fair value of contingent consideration for acquisitions completed in prior years which were conditional upon the financial performance of the acquired companies and the continued employment of the selling shareholders, as well as professional fees directly related to recent acquisition activity, net of adjustments for contingent consideration of $(5,091) and $(4,325) for the third quarter and first nine months of 2012, respectively.

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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 Statement of Financial Accounting Standard (FAS) -Number 146 -Paragraph 20 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: 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=6394695&loc=d3e140904-122747 Reference 3: 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=6394695&loc=d3e140864-122747 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section P -Subsection 3, 4 Reference 5: 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 + Details
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