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Restructuring and Related Activities (Tables) | 12 Months Ended
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Dec. 31, 2018
Restructuring and Related Activities [Abstract] |
Restructuring and Related Activities | 9. Restructuring and Related Activities Restructuring and related activities are designed to better align the Company's operations with current market conditions through targeted facility consolidations, headcount reductions, and other measures to further optimize operations. During the year ended December 31, 2018, the Company recorded restructuring charges of $0.4 million within Gross profit, primarily for actions associated with transferring certain operations of capacitors manufacturing to other existing facilities in order to further optimize operations in the PD segment. The Company also recorded restructuring charges of $1.7 million within Operating expenses, primarily for actions associated with rationalizing the workforce. During the year ended December 31, 2017, the Company recorded restructuring charges of $4.0 million within Gross profit for actions primarily associated with transferring certain operations of hearing health manufacturing to an existing, lower-cost Asian manufacturing facility. These charges were recorded within the Audio segment. The Company also recorded restructuring charges of $6.2 million within Operating expenses, primarily for actions associated with rationalizing the workforce. During the year ended December 31, 2016, the Company recorded restructuring charges of $10.1 million, primarily for actions associated with the integration of Audience Inc., which is reported as part of the Audio segment, and actions associated with rationalizing the workforce. These actions were substantially complete as of December 31, 2016. In addition, the Company recorded residual charges related to the transfer of a portion of the capacitors business into existing, lower-cost Asian manufacturing facilities, which are reported as part of the PD segment. These charges included severance pay and benefits of $7.5 million and contract termination costs of $2.6 million, of which $1.5 million were classified within Gross profit and $8.6 million were classified within Operating expenses. The following table details restructuring charges incurred by reportable segment for the periods presented:
| Years Ended December 31,
(in millions) | 2018 |  | 2017 |  | 2016
Audio | $ | 1.4 |  |  | $ | 8.1 |  |  | $ | 7.1 |
Precision Devices | 0.5 |  |  | 0.1 |  |  | 1.4 |
Corporate | 0.2 |  |  | 2.0 |  |  | 1.6 |
Total | $ | 2.1 |  |  | $ | 10.2 |  |  | $ | 10.1 |
The following table details the Company’s severance and other restructuring accrual activity:
(in millions) | Severance Pay and Benefits |  | Contract Termination and Other Costs |  | Total
Balance at January 1, 2016 | $ | 7.7 |  |  | $ | 1.1 |  |  | $ | 8.8 |
Restructuring charges | 7.5 |  |  | 2.6 |  |  | 10.1 |
Payments | (12.8 | ) |  | (3.3 | ) |  | (16.1 | )
Balance at December 31, 2016 | $ | 2.4 |  |  | $ | 0.4 |  |  | $ | 2.8 |
Restructuring charges (1) | 8.4 |  |  | 1.8 |  |  | 10.2 |
Payments | (6.5 | ) |  | (1.8 | ) |  | (8.3 | )
Other, including foreign currency | 0.4 |  |  | — |  |  | 0.4 |
Balance at December 31, 2017 | $ | 4.7 |  |  | $ | 0.4 |  |  | $ | 5.1 |
Restructuring charges | 2.1 |  |  | — |  |  | 2.1 |
Payments | (5.9 | ) |  | (0.1 | ) |  | (6.0 | )
Other, including foreign currency | (0.1 | ) |  | — |  |  | (0.1 | )
Balance at December 31, 2018 | $ | 0.8 |  |  | $ | 0.3 |  |  | $ | 1.1 |
(1) | During the year ended December 31, 2017, the Company reversed $1.2 million of previously recorded restructuring charges in Gross profit due to subsequent developments that impacted the previously estimated amounts.
The severance and restructuring accruals are recorded in the following line items on the Consolidated Balance Sheets:
(in millions) |  | December 31, 2018 |  | December 31, 2017
Other accrued expenses |  | $ | 0.9 |  |  | $ | 4.8 |
Other liabilities (1) |  | 0.2 |  |  | 0.3 |
Total |  | $ | 1.1 |  |  | $ | 5.1 |
(1) This line represents the long-term portion of the charges associated with lease obligations, net of reasonably obtainable sublease income.
Schedule of Restructuring and Related Costs | The following table details restructuring charges incurred by reportable segment for the periods presented:
| Years Ended December 31,
(in millions) | 2018 |  | 2017 |  | 2016
Audio | $ | 1.4 |  |  | $ | 8.1 |  |  | $ | 7.1 |
Precision Devices | 0.5 |  |  | 0.1 |  |  | 1.4 |
Corporate | 0.2 |  |  | 2.0 |  |  | 1.6 |
Total | $ | 2.1 |  |  | $ | 10.2 |  |  | $ | 10.1 |
Schedule of Restructuring Reserve by Type of Cost | The following table details the Company’s severance and other restructuring accrual activity:
(in millions) | Severance Pay and Benefits |  | Contract Termination and Other Costs |  | Total
Balance at January 1, 2016 | $ | 7.7 |  |  | $ | 1.1 |  |  | $ | 8.8 |
Restructuring charges | 7.5 |  |  | 2.6 |  |  | 10.1 |
Payments | (12.8 | ) |  | (3.3 | ) |  | (16.1 | )
Balance at December 31, 2016 | $ | 2.4 |  |  | $ | 0.4 |  |  | $ | 2.8 |
Restructuring charges (1) | 8.4 |  |  | 1.8 |  |  | 10.2 |
Payments | (6.5 | ) |  | (1.8 | ) |  | (8.3 | )
Other, including foreign currency | 0.4 |  |  | — |  |  | 0.4 |
Balance at December 31, 2017 | $ | 4.7 |  |  | $ | 0.4 |  |  | $ | 5.1 |
Restructuring charges | 2.1 |  |  | — |  |  | 2.1 |
Payments | (5.9 | ) |  | (0.1 | ) |  | (6.0 | )
Other, including foreign currency | (0.1 | ) |  | — |  |  | (0.1 | )
Balance at December 31, 2018 | $ | 0.8 |  |  | $ | 0.3 |  |  | $ | 1.1 |
(1) During the year ended December 31, 2017, the Company reversed $1.2 million of previously recorded restructuring charges in Gross profit due to subsequent developments that impacted the previously estimated amounts.
Schedule of Restructuring Reserve by Balance Sheet Location | The severance and restructuring accruals are recorded in the following line items on the Consolidated Balance Sheets:
(in millions) |  | December 31, 2018 |  | December 31, 2017
Other accrued expenses |  | $ | 0.9 |  |  | $ | 4.8 |
Other liabilities (1) |  | 0.2 |  |  | 0.3 |
Total |  | $ | 1.1 |  |  | $ | 5.1 |
(1) This line represents the long-term portion of the charges associated with lease obligations, net of reasonably obtainable sublease income.

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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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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -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 3: http://fasb.org/us-gaap/role/ref/legacyRef -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=115931487&loc=d3e140904-122747 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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