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Charges Related to Restructuring Activities | 12 Months Ended
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Dec. 31, 2015
Restructuring and Related Activities [Abstract] |
Charges Related to Restructuring Activities | Note Q – Charges related to restructuring activities During 2015, the Company reconfigured one of its operations within its Asia Pacific segment by reducing its workforce and manufacturing facilities while outsourcing its production predominantly to its locations with lower cost operations. This was done in response to a slowdown in economic activity in the region as well as continued downward market pressure on prices. Total costs related to this reconfiguration were $2.7 million. Additionally, the Company initiated a reconfiguration in the PLP-USA segment which was primarily a reduction in personnel and facilities in response to downward market pressure on prices. The total charges for the PLP-USA segment are anticipated to be $1.3 million. Both of these actions are expected to reduce infrastructure and manufacturing costs. The restructuring liability is recorded in Accrued compensation and amounts withheld from employees, Accrued expenses and other liabilities and Other noncurrent liabilities. These costs are included in Cost of products sold ($3.4 million), Research and engineering expense ($.1 million) and Other operating expense ($.5 million). A summary by reporting segment of the accruals recorded as a result of the restructuring is as follows:
|  | Severance |  |  | Lease Termination Costs |  |  | Asset Disposals |  |  | Other |  |  | Total |
December 31, 2014 Balance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |
Charges |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PLP-USA |  | $ | 416 |  |  | $ | 402 |  |  | $ | 306 |  |  | $ | 166 |  |  | $ | 1,290 |
Asia-Pacific |  |  | 1,232 |  |  |  | 1,241 |  |  |  | 188 |  |  |  | 0 |  |  |  | 2,661 |
Total |  |  | 1,648 |  |  |  | 1,643 |  |  |  | 494 |  |  |  | 166 |  |  |  | 3,951 |
Payments and other adjustments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PLP-USA |  |  | (266 | ) |  |  | (98 | ) |  |  | (306 | ) |  |  | (161 | ) |  | $ | (831 | )
Asia-Pacific |  |  | (1,232 | ) |  |  | (637 | ) |  |  | (188 | ) |  |  | 0 |  |  |  | (2,057 | )
Total |  |  | (1,498 | ) |  |  | (735 | ) |  |  | (494 | ) |  |  | (161 | ) |  |  | (2,888 | )
December 31, 2015 Balance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PLP-USA |  |  | 150 |  |  |  | 304 |  |  |  | 0 |  |  |  | 5 |  |  |  | 459 |
Asia-Pacific |  |  | 0 |  |  |  | 604 |  |  |  | 0 |  |  |  | 0 |  |  |  | 604 |
Total |  | $ | 150 |  |  | $ | 908 |  |  | $ | 0 |  |  | $ | 5 |  |  | $ | 1,063 |

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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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