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Supplemental Financial Information | 12 Months Ended
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Dec. 31, 2019
Supplemental Income Statement Elements [Abstract] |
Supplemental Financial Information | Note 15 – Supplemental Financial Information Restructuring and Impairment Charges The components of “Restructuring and impairment charges” were as follows:
| Years Ended December 31,
(Dollars in thousands) | 2019 |  | 2018 |  | 2017
Restructuring charges |  |  |  |  |
Global headquarters relocation | $ | — |  |  | $ | 550 |  |  | $ | 2,760 |
Facility consolidation | 948 |  |  | 1,982 |  |  | — |
Total restructuring charges | 948 |  |  | 2,532 |  |  | 2,760 |
Impairment charges |  |  |  |  |
Fixed assets impairment charges | 1,537 |  |  | 1,506 |  |  | — |
Other impairment charges | — |  |  | — |  |  | 807 |
Total impairment charges | 1,537 |  |  | 1,506 |  |  | 807 |
Total restructuring and impairment charges | $ | 2,485 |  |  | $ | 4,038 |  |  | $ | 3,567 |
Relocation Charges - Facility Consolidation In 2018, we made the decision to consolidate our Santa Fe Springs, California operations into our facilities in Carol Stream, Illinois and Bear, Delaware. We recorded $0.9 million and $2.0 million of expense in 2019 and 2018, respectively, related to the facility consolidation. Relocation Charges - Global Headquarters Relocation In 2017, we relocated our global headquarters from Rogers, Connecticut to Chandler, Arizona. We recorded $0.6 million and $2.8 million of expense in 2018 and 2017, respectively, related to the headquarters relocation. Impairment Charges We recognized $1.5 million of impairment charges in both 2019 and 2018 pertaining to our ACS operating segment, primarily relating to certain assets in connection with the Isola asset acquisition. In 2017, we recognized a $0.3 million charge related to the impairment of our remaining investment in BrightVolt, Inc. As this investment did not relate to a specific operating segment, we allocated it ratably among ACS, EMS and PES. Also in 2017, we recognized a $0.5 million impairment charge related to the remaining net book value of an other intangible asset within the ROLINX® product line in our PES operating segment. Allocation of Restructuring and Impairment Charges to Operating Segments The following table summarizes the allocation of restructuring and impairment charges to our operating segments:
| Years Ended December 31,
(Dollars in thousands) | 2019 |  | 2018 |  | 2017
Advanced Connectivity Solutions |  |  |  |  |
Allocated restructuring charges | $ | — |  |  | $ | 244 |  |  | $ | 1,305 |
Allocated impairment charges | 1,537 |  |  | 1,506 |  |  | 161 |
Elastomeric Material Solutions |  |  |  |  |
Allocated restructuring charges | 948 |  |  | 2,152 |  |  | 834 |
Allocated impairment charges | — |  |  | — |  |  | 103 |
Power Electronics Solutions |  |  |  |  |
Allocated restructuring charges | — |  |  | 136 |  |  | 621 |
Allocated impairment charges | — |  |  | — |  |  | 543 |
Total restructuring and impairment charges | $ | 2,485 |  |  | $ | 4,038 |  |  | $ | 3,567 |
Other Operating (Income) Expense, Net The components of “Other operating (income) expense, net” were as follows:
| Years Ended December 31,
(Dollars in thousands) | 2019 |  | 2018 |  | 2017
Lease income | $ | (989 | ) |  | $ | (948 | ) |  | $ | — |
Depreciation on leased assets | 1,907 |  |  | 3,512 |  |  | — |
Loss (gain) on sale or disposal of property, plant and equipment | 756 |  |  | (164 | ) |  | (5,329 | )
Gain from antitrust litigation settlement | — |  |  | (4,231 | ) |  | — |
Indemnity claim settlements from acquisitions | (715 | ) |  | (700 | ) |  | — |
Economic incentive grants | — |  |  | (556 | ) |  | — |
Total other operating (income) expense, net | $ | 959 |  |  | $ | (3,087 | ) |  | $ | (5,329 | )
In connection with the transitional leaseback of a portion of the facility and certain machinery and equipment acquired from Isola in August 2018, we recognized lease income and related depreciation on leased assets of $1.0 million and $1.9 million, respectively, in 2019, and $0.9 million and $3.5 million, respectively, in 2018. In 2019, we recorded a gain of $0.7 million for the settlement of indemnity claims related to the Isola asset acquisition. In 2018, we recorded a gain from the settlement of antitrust litigation in the amount of $4.2 million as a result of the settlement of a class action lawsuit, filed in 2005, which alleged that Dow Chemical Company and other urethane raw material suppliers unlawfully agreed to fix, raise, maintain or stabilize the prices of polyether polyol products sold in the U.S. from January 1, 1999 through December 31, 2004 in violation of the federal antitrust laws. We also recorded a gain of $0.7 million for the settlement of indemnity claims related to the DSP acquisition and income of $0.6 million from economic incentive grants related to the relocation of our global headquarters from Rogers, Connecticut to Chandler, Arizona. In 2017, we recognized other operating income of $5.3 million as a result of the sales of a facility and a parcel of land located in Belgium. Interest Expense, Net The components of “Interest expense, net” were as follows:
| Years Ended December 31,
(Dollars in thousands) | 2019 |  | 2018 |  | 2017
Interest on revolving credit facility | $ | 7,378 |  |  | $ | 6,304 |  |  | $ | 5,115 |
Interest rate swap settlements | (200 | ) |  | (247 | ) |  | 51 |
Line of credit fees | 576 |  |  | 573 |  |  | 555 |
Debt issuance amortization costs | 552 |  |  | 552 |  |  | 549 |
Interest on finance leases | 127 |  |  | 172 |  |  | 169 |
Interest income | (1,610 | ) |  | (804 | ) |  | (379 | )
Other | 46 |  |  | 79 |  |  | 71 |
Total interest expense, net | $ | 6,869 |  |  | $ | 6,629 |  |  | $ | 6,131 |

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