XML 34 R24.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Restructuring | 6 Months Ended
--- | ---
Jun. 30, 2017
Restructuring and Related Activities [Abstract] |
Restructuring | Restructuring In the second quarter of 2017, we completed the physical relocation of our global headquarters from Rogers, Connecticut to Chandler, Arizona. The move builds upon our presence in Arizona, where we have major business and manufacturing operations. The move supports our long-term strategy and is an integral part of our plans for growth and expansion. The new global corporate headquarters location is home to approximately 70 employees who support areas such as human resources, information technology, finance and supply chain, among others. The Rogers, Connecticut location continues to have manufacturing, research and development and support services. We recorded $1.1 million and $1.8 million of expense related to this project in the three and six months ended June 30, 2017. Severance activity related to the headquarters relocation is presented in the table below for the six months ended June 30, 2017:
(Dollars in thousands) | Severance related to headquarters relocation
Balance at December 31, 2016 | $ | 470 |
Provisions | 320 |
Payments | (566 | )
Balance at June 30, 2017 | $ | 224 |
The fair value of the total severance benefits to be paid (including payments already made) in connection with the relocation is $1.2 million. This total is being expensed ratably over the required service period for the affected employees. We incurred $0.1 million and $0.3 million of severance related expenses during the three and six months ended June 30, 2017.

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

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 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 Reference 2: 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=27011515&loc=d3e140864-122747 Reference 3: 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
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration