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Restructuring, Integration, and Other Charges | 9 Months Ended
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Sep. 28, 2019
Restructuring Charges [Abstract] |
Restructuring, Integration and Other Charges [Text Block] | Restructuring, Integration, and Other Charges Restructuring initiatives are due to the company’s continued efforts to lower cost and drive operational efficiency. Integration costs are primarily related to the integration of acquired businesses within the company’s pre-existing business and the consolidation of certain operations. The following table presents the components of the restructuring, integration, and other charges:
|  | Quarter Ended |  | Nine Months Ended
|  | September 28, 2019 |  | September 29, 2018 |  | September 28, 2019 |  | September 29, 2018
Restructuring and integration charges - current period actions |  | $ | 12,484 |  |  | $ | 4,102 |  |  | $ | 20,562 |  |  | $ | 24,332 |
Restructuring and integration charges (credits) - actions taken in prior periods |  | (174 | ) |  | 1,172 |  |  | 1,189 |  |  | 5,452 |
Other charges |  | 30,810 |  |  | 4,869 |  |  | 52,941 |  |  | 20,713 |
|  | $ | 43,120 |  |  | $ | 10,143 |  |  | $ | 74,692 |  |  | $ | 50,497 |
Restructuring and Integration Accrual Summary The restructuring and integration accrual was $18,280 and $25,829 at September 28, 2019 and December 31, 2018, respectively. A transition adjustment of $9,968 was recorded on January 1, 2019 to reclassify restructuring and integration accruals for facilities costs by adjusting the related lease right-of-use assets recorded upon adoption of ASU No. 2016-02, Topic 842. During the third quarter and the first nine months ended September 28, 2019, the company made $7,096 and $19,073, respectively, of payments related to restructuring and integration accruals. Substantially all amounts accrued at September 28, 2019 and all restructuring and integration charges for the nine months ending September 28, 2019 relate to the termination of personnel. Substantially all amounts accrued at September 28, 2019 are expected to be spent in cash within two years. The company expects to incur additional non-recurring charges of approximately $3,500 through the first half of 2020 in conjunction with the closure of its personal computer and mobility asset disposition business within the global components business segment. Other Charges Included in restructuring, integration, and other charges for the third quarter and the first nine months of 2019 are other expenses of $30,810 and $52,941, respectively. The following items were included in other charges and credits recorded to restructuring, integration, and other charges for the third quarter and nine months ended September 28, 2019:
• | acquisition-related charges for the third quarter and first nine months of $442 and $1,687, respectively, related to professional and other fees directly related to recent acquisition activity as well as contingent consideration for acquisitions completed in prior years;
• | relocation and other charges (credits) associated with centralization efforts to maximize operating efficiencies for the third quarter and first nine months of $(1,039) and $7,694, respectively; and
• | personnel charges for the third quarter and first nine months of $30,906 related to the operating expense reduction program previously disclosed in Item 2.02 Form 8-K filed on July 15, 2019. The company expects to incur $24,100 of additional cash charges for personnel and contract termination costs through the first half of 2020. The accrual related to the operating expense reduction program was $22,424 at September 28, 2019, and all accrued amounts are expected to be paid within one year.
Included in restructuring, integration, and other charges for the third quarter and first nine months of 2018 are other expenses of $4,869 and $20,713, respectively. The following items were included in other charges and credits recorded to restructuring, integration, and other charges for the third quarter and nine months ended September 29, 2018: • acquisition related charges for the third quarter and first nine months of $1,422 and $8,960, respectively, related to professional and other fees directly related to recent acquisition activity as well as contingent consideration for acquisitions completed in prior years.

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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- References No definition available. + Details
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