XML 39 R25.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Charges Related to Restructuring Activities | 12 Months Ended
--- | ---
Dec. 31, 2016
Restructuring And Related Activities [Abstract] |
Charges Related to Restructuring Activities | Note Q – Charges related to restructuring activities During the year ended December 31, 2015, the Company reconfigured one of its operations within its Asia Pacific segment by reducing its workforce and manufacturing facilities while outsourcing 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. 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. Both of these actions reduced infrastructure and manufacturing costs. There was $.1 million and $4.0 million of expense recognized in the twelve months ended December 31, 2016 and 2015, respectively. The restructuring liability related to lease termination costs at December 31, 2016 of $.5 million was recorded in Accrued expenses. 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, 2015 Balance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total |  | $ | 150 |  |  | $ | 908 |  |  | $ | 0 |  |  | $ | 5 |  |  | $ | 1,063 |
Charges |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PLP-USA |  |  | 59 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 59 |
Asia-Pacific |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Total |  |  | 59 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 59 |
Payments and other adjustments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PLP-USA |  |  | (209 | ) |  |  | (304 | ) |  |  | 0 |  |  |  | (5 | ) |  |  | (518 | )
Asia-Pacific |  |  | 0 |  |  |  | (126 | ) |  |  | 0 |  |  |  | 0 |  |  |  | (126 | )
Total |  |  | (209 | ) |  |  | (430 | ) |  |  | 0 |  |  |  | (5 | ) |  |  | (644 | )
December 31, 2016 Balance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PLP-USA |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |
Asia-Pacific |  | 0 |  |  |  | 478 |  |  | 0 |  |  |  | 0 |  |  |  | 478 |
Total |  | $ | 0 |  |  | $ | 478 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 478 |

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