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Restructuring Charges | 12 Months Ended
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Dec. 31, 2015
Restructuring Charges. |
Restructuring Charges | Note 10 — Restructuring Charges During 2013, the Company recorded $1.5 million in personnel severance and related costs resulting from the restructuring of one of its international sales offices and the consolidation of certain sales and administrative functions. This consolidation was substantially complete at the end of 2013. During 2014, the Company announced the closing of its Ft. Collins, Colorado and Camarillo, California facilities. Business activities formally conducted at these sites have been transferred to the Company’s Plainview, New York facility, and the Company recorded $0.4 million of facility closing costs. The Company also took additional measures to improve profitability in the challenging business environment and notified 93 employees of their termination from the Company and recorded $4.0 million of personnel severance and related costs. These actions were substantially complete at the end of 2014. During 2015, additional charges of $2.7 million were recognized and payments made related to the 2014 closing of the Ft. Collins, Colorado and Camarillo, California facilities. In 2015, the Company announced the closing of its Hyeongok-ri, South Korea facility and reduced the workforce, including 23 employees whose positions were eliminated, resulting in additional restructuring costs of $1.1 million. And in an effort to better align the Company’s cost structure with the recently observed weakness in the LED market, the Company incurred $0.9 million to reduce spending primarily through the reduction of 16 employees and 12 temporary staff. Additional restructuring costs to be accrued for these activities are not expected to be significant. The following table shows the amounts incurred and paid for restructuring activities during the years ended December 31, 2015, 2014, and 2013 and the remaining accrued balance of restructuring costs at December 31, 2015, which is included in “Accrued expenses and other current liabilities” in the Consolidated Balance Sheets:
|  |  |  | Personnel |  |  |  |  |  |  |  |  |
|  |  |  | Severance and |  |  |  | Facility |  |  |  |  |
|  |  |  | Related Costs |  |  |  | Closing Costs |  |  |  | Total |
|  | (in thousands) |
Balance at December 31, 2012 |  | $ | 1,875 |  | $ | — |  | $ | 1,875 |
Provision |  | 1,485 |  | — |  | 1,485 |
Payments |  | (2,827 | ) | — |  | (2,827 | )
Balance at December 31, 2013 |  | 533 |  | — |  | 533 |
Provision |  | 4,012 |  | 382 |  | 4,394 |
Payments |  | (3,117 | ) | (382 | ) | (3,499 | )
Balance at December 31, 2014 |  | 1,428 |  | — |  | 1,428 |
Provision |  | 3,513 |  | 1,166 |  | 4,679 |
Payments |  | (4,117 | ) | (1,166 | ) | (5,283 | )
Balance at December 31, 2015 |  | $ | 824 |  | $ | — |  | $ | 824 |

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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://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 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section P -Subsection 3, 4 + Details
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