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Restructuring and Related Activities (Tables)
 12 Months Ended
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.