XML 39 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1

Charges Related to Restructuring Activities

12 Months Ended

Dec. 31, 2017

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 less than $.1 million and $.1 million of expense recognized in the twelve months ended December 31, 2017 and 2016, respectively.  The restructuring liability related to lease termination costs at December 31, 2017 of $.4 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, 2016 Balance		$	0			$	478			$	0			$	0			$	478
Charges		0				0				0				0				0
Payments and other adjustments		0					(63	)		0					24				(39	)
December 31, 2017 Balance		$	0			$	415			$	0			$	24			$	439

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
-URI http://asc.fasb.org/topic&trid=2175745

+ Details

Name:	us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration