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Restructuring Charges | 12 Months Ended
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Dec. 31, 2020
Restructuring And Related Activities [Abstract] |
Restructuring Charges | Note 18—Restructuring Charges The Company has undertaken initiatives to restructure its business operations to improve utilization and realize cost savings. These initiatives have included changing the number and location of production facilities, largely to align capacity and infrastructure with current and anticipated customer demand. This alignment includes transferring programs from higher cost geographies to lower cost geographies. The process of restructuring entails moving production between facilities, reducing staff levels, realigning our business processes, reorganizing our management and other activities. The Company recognized restructuring charges during 2020, 2019 and 2018 primarily related to the closure of facilities in the Americas, capacity reduction and reductions in workforce in certain facilities across various regions. The following table summarizes the 2020 activity in the accrued restructuring balances related to the various restructuring activities initiated prior to December 31, 2020:
|  | Balance as of |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Balance as of |
|  | December 31, |  |  | Restructuring |  |  | Cash |  |  | Non-Cash |  |  | December 31, |
(in thousands) |  | 2019 |  |  | Charges |  |  | Payment |  |  | Activity |  |  | 2020 |
2020 Restructuring: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Severance |  | $ | — |  |  | $ | 8,171 |  |  | $ | (4,182 | ) |  | $ | (232 | ) |  | $ | 3,757 |
Lease facility costs |  |  | — |  |  |  | 165 |  |  |  | — |  |  |  | (127 | ) |  |  | 38 |
Other exit costs |  |  | — |  |  |  | 733 |  |  |  | (202 | ) |  |  | (383 | ) |  |  | 148 |
|  |  | — |  |  |  | 9,069 |  |  |  | (4,384 | ) |  |  | (742 | ) |  |  | 3,943 |
2019 Restructuring: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Severance |  |  | 3,956 |  |  |  | (1,161 | ) |  |  | (2,484 | ) |  |  | (72 | ) |  |  | 239 |
Lease facility costs |  |  | — |  |  |  | 3,551 |  |  |  | (2,394 | ) |  |  | (1,145 | ) |  |  | 12 |
Other exit costs |  |  | — |  |  |  | 1,441 |  |  |  | (453 | ) |  |  | (728 | ) |  |  | 260 |
|  |  | 3,956 |  |  |  | 3,831 |  |  |  | (5,331 | ) |  |  | (1,945 | ) |  |  | 511 |
Total |  | $ | 3,956 |  |  | $ | 12,900 |  |  | $ | (9,715 | ) |  | $ | (2,687 | ) |  | $ | 4,454 |
The components of the restructuring charges initiated during 2020 were as follows:
(in thousands) |  | Americas |  |  | Asia |  |  | Europe |  |  | Total |
Severance costs |  | $ | 6,977 |  |  | $ | 1,181 |  |  | $ | 13 |  |  | $ | 8,171 |
Lease facility costs |  |  | 165 |  |  |  | — |  |  |  | — |  |  |  | 165 |
Other exit costs |  |  | 733 |  |  |  | — |  |  |  | — |  |  |  | 733 |
|  | $ | 7,875 |  |  | $ | 1,181 |  |  | $ | 13 |  |  | $ | 9,069 |
During 2020, the Company recognized $8.2 million of employee termination costs associated with the involuntary terminations (both executed and planned) of 648 employees in connection with reductions in workforce worldwide. The identified involuntary employee terminations by reportable geographic region amounted to approximately 421, 210 and 17 for the Americas, Asia and Europe, respectively. In addition, during the year ended December 31, 2020, we incurred $5.7 million and $1.0 million in costs related to asset impairments in the Americas and Asia, respectively. The following table summarizes the 2019 activity in the accrued restructuring balances related to the various restructuring activities initiated prior to December 31, 2019:
|  | Balance as of |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Foreign |  |  | Balance as of |
|  | December 31, |  |  | Restructuring |  |  | Cash |  |  | Non-Cash |  |  | Exchange |  |  | December 31, |
(in thousands) |  | 2018 |  |  | Charges |  |  | Payment |  |  | Activity |  |  | Adjustments |  |  | 2019 |
2019 Restructuring: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Severance |  | $ | — |  |  | $ | 6,449 |  |  | $ | (2,493 | ) |  | $ | — |  |  | $ | — |  |  | $ | 3,956 |
Other exit costs |  |  | — |  |  |  | 1,597 |  |  |  | (653 | ) |  |  | (944 | ) |  |  | — |  |  |  | — |
|  |  | — |  |  |  | 8,046 |  |  |  | (3,146 | ) |  |  | (944 | ) |  |  | — |  |  |  | 3,956 |
2018 Restructuring: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Severance |  |  | 282 |  |  |  | — |  |  |  | (282 | ) |  |  | — |  |  |  | — |  |  |  | — |
Other exit costs |  |  | 918 |  |  |  | 461 |  |  |  | (1,379 | ) |  |  | — |  |  |  | — |  |  |  | — |
|  |  | 1,200 |  |  |  | 461 |  |  |  | (1,661 | ) |  |  | — |  |  |  | — |  |  |  | — |
2017 Restructuring: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Severance |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other exit costs |  |  | 135 |  |  |  | — |  |  |  | (124 | ) |  |  | — |  |  |  | (11 | ) |  |  | — |
|  |  | 135 |  |  |  | — |  |  |  | (124 | ) |  |  | — |  |  |  | (11 | ) |  |  | — |
Total |  | $ | 1,335 |  |  | $ | 8,507 |  |  | $ | (4,931 | ) |  | $ | (944 | ) |  | $ | (11 | ) |  | $ | 3,956 |
The components of the restructuring charges initiated during 2019 were as follows:
(in thousands) |  | Americas |  |  | Asia |  |  | Europe |  |  | Total |
Severance costs |  | $ | 4,499 |  |  | $ | 1,950 |  |  | $ | — |  |  | $ | 6,449 |
Other exit costs |  |  | 1,561 |  |  |  | 36 |  |  |  | — |  |  |  | 1,597 |
|  | $ | 6,060 |  |  | $ | 1,986 |  |  | $ | — |  |  | $ | 8,046 |
During 2019, the Company recognized $6.4 million of employee termination costs associated with the involuntary terminations (both executed and planned) of 468 employees in connection with reductions in workforce worldwide. The identified involuntary employee terminations by reportable geographic region amounted to approximately 386, 81 and 1 for the Americas, Asia and Europe, respectively. The components of the restructuring charges initiated during 2018 were as follows:
(in thousands) |  | Americas |  |  | Asia |  |  | Europe |  |  | Total |
Severance costs |  | $ | 2,496 |  |  | $ | 274 |  |  | $ | 45 |  |  | $ | 2,815 |
Other exit costs |  |  | 1,773 |  |  |  | — |  |  |  | — |  |  |  | 1,773 |
|  | $ | 4,269 |  |  | $ | 274 |  |  | $ | 45 |  |  | $ | 4,588 |
During 2018, the Company recognized $2.8 million of employee termination costs associated with the involuntary terminations (both executed and planned) of 490 employees in connection with reductions in workforce worldwide. The identified involuntary employee terminations by reportable geographic region amounted to approximately 432, 23 and 35 for the Americas, Asia and Europe, respectively.

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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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