XML 41 R14.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Restructuring and Integration Expense | 12 Months Ended
--- | ---
Dec. 31, 2019
Restructuring and Integration Expense [Abstract] |
Restructuring and Integration Expense | 5. Restructuring and Integration Expense The aggregated liabilities included in “sundry payables and accrued expenses” and “other accrued liabilities” in the consolidated balance sheet relating to the restructuring and integration activities as of and for the years ended December 31, 2019 and 2018, consisted of the following (in thousands):
|  | Workforce Reduction |  |  | Other Exit Costs |  |  | Total |
Exit activity liability at December 31, 2017 |  | $ | 2,854 |  |  | $ | — |  |  | $ | 2,854 |
Restructuring and integration costs: |  |  |  |  |  |  |  |  |  |  |  |
Amounts provided for during 2018 (1) |  |  | 9 |  |  |  | 4,501 |  |  |  | 4,510 |
Non-cash usage, including asset write-downs |  |  | — |  |  |  | (181 | ) |  |  | (181 | )
Cash payments |  |  | (2,148 | ) |  |  | (3,036 | ) |  |  | (5,184 | )
Reclassification of environmental liability (1) |  |  | — |  |  |  | (1,284 | ) |  |  | (1,284 | )
Foreign currency exchange rate changes |  |  | 27 |  |  |  | — |  |  |  | 27 |
Exit activity liability at December 31, 2018 |  | $ | 742 |  |  | $ | — |  |  | $ | 742 |
Restructuring and integration costs: |  |  |  |  |  |  |  |  |  |  |  |
Amounts provided for during 2019 (1) |  |  | — |  |  |  | 2,585 |  |  |  | 2,585 |
Cash payments |  |  | (406 | ) |  |  | (1,688 | ) |  |  | (2,094 | )
Reclassification of environmental liability (1) |  |  | — |  |  |  | (386 | ) |  |  | (386 | )
Reclassification of inventory reserves |  |  | — |  |  |  | (511 | ) |  |  | (511 | )
Exit activity liability at December 31, 2019 |  | $ | 336 |  |  | $ | — |  |  | $ | 336 |
| (1) | Included in restructuring and integration costs in 2019 and 2018 is a $0.4 million and $1.3 million increase, respectively, in environmental cleanup costs related to ongoing monitoring and remediation in connection with the prior closure of our manufacturing operations at our Long Island City, New York location. The environmental liability has been reclassed to accrued liabilities as of December 31, 2019 and 2018, respectively.
Restructuring Costs Plant Rationalization Program In February 2016, in connection with our ongoing efforts to improve operating efficiencies and reduce costs, we finalized our intention to implement a plant rationalization initiative. As part of the plant rationalization, all of our Grapevine, Texas production activities have been relocated to facilities in Greenville, South Carolina and Reynosa, Mexico, and certain production activities were relocated from our Greenville, South Carolina manufacturing facility to our manufacturing facility in Bialystok, Poland. In addition, certain service functions were relocated from Grapevine, Texas to our administrative offices in Lewisville, Texas and our Grapevine, Texas facility was closed. In December 2018, we completed the sale of the property located in Grapevine, Texas. Net proceeds from the sale of $4.8 million were received in January 2019. See Note 4, “Sale of Grapevine, Texas Property,” for additional information. The Plant Rationalization Program has been completed. Cash payments made during 2019 and the remaining aggregate liability related to the program as of December 31, 2019 consists of severance payments to former employees. Activity, by segment, for the year ended December 31, 2019 and 2018 related to our Plant Rationalization Program consisted of the following (in thousands):
|  | Engine Management |  |  | Temperature Control |  |  | Other |  |  | Total |
Exit activity liability at December 31, 2017 |  | $ | — |  |  | $ | 1,476 |  |  | $ | — |  |  | $ | 1,476 |
Restructuring and integration costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amounts provided for during 2018 |  |  | — |  |  |  | 353 |  |  |  | — |  |  |  | 353 |
Cash payments |  |  | — |  |  |  | (1,525 | ) |  |  | — |  |  |  | (1,525 | )
Exit activity liability at December 31, 2018 |  | $ | — |  |  | $ | 304 |  |  | $ | — |  |  | $ | 304 |
Restructuring and integration costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amounts provided for during 2019 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Cash payments |  |  | — |  |  |  | (128 | ) |  |  | — |  |  |  | (128 | )
Exit activity liability at December 31, 2019 |  | $ | — |  |  | $ | 176 |  |  | $ | — |  |  | $ | 176 |
Orlando Plant Rationalization Program In January 2017, to further our ongoing efforts to improve operating efficiencies and reduce costs, we finalized our intention to implement a plant rationalization initiative at our Orlando, Florida facility. As part of the Orlando plant rationalization, all of our Orlando, Florida production activities have been relocated to our Independence, Kansas manufacturing facility. In addition, certain production activities were relocated from our Independence, Kansas manufacturing facility to our Reynosa, Mexico manufacturing facility and our Orlando, Florida facility was closed. The Orlando Plant Rationalization Program has been completed. Cash payments made during 2019 and the remaining aggregate liability related to the program as of December 31, 2019 consists of severance payments to former employees. Activity, by segment, for the year ended December 31, 2019 and 2018 related to our Orlando Plant Rationalization Program consisted of the following (in thousands):
|  | Engine Management |  |  | Temperature Control |  |  | Other |  |  | Total |
Exit activity liability at December 31, 2017 |  | $ | 986 |  |  | $ | — |  |  | $ | — |  |  | $ | 986 |
Restructuring and integration costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amounts provided for during 2018 |  |  | 1,479 |  |  |  | — |  |  |  | — |  |  |  | 1,479 |
Non-cash usage, including asset writedowns |  |  | (12 | ) |  |  | — |  |  |  | — |  |  |  | (12 | )
Cash payments |  |  | (2,015 | ) |  |  | — |  |  |  | — |  |  |  | (2,015 | )
Exit activity liability at December 31, 2018 |  | $ | 438 |  |  | $ | — |  |  | $ | — |  |  | $ | 438 |
Restructuring and integration costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amounts provided for during 2019 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Cash payments |  |  | (278 | ) |  |  | — |  |  |  | — |  |  |  | (278 | )
Exit activity liability at December 31, 2019 |  | $ | 160 |  |  | $ | — |  |  | $ | — |  |  | $ | 160 |
Integration Costs Pollak Relocation In connection with our April 2019 acquisition of certain assets and liabilities of the Pollak business of Stoneridge, Inc., we incurred certain integration expenses in connection with the relocation of certain inventory, machinery, and equipment from Pollak’s distribution and manufacturing facilities in El Paso, Texas, Canton, Massachusetts, and Juarez, Mexico, to our existing facilities in Disputanta, Virginia, Reynosa, Mexico and Independence, Kansas. Total integration expenses related to the relocation of $2.2 million were recognized during the year ended December 31, 2019. The Pollak relocation is substantially completed. Activity, by segment, for the year ended December 31, 2019 related to the Pollak relocation consisted of the following (in thousands):
|  | Engine Management |  |  | Temperature Control |  |  | Other |  |  | Total |
Exit activity liability at December 31, 2018 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Restructuring and integration costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amounts provided for during 2019 |  |  | 2,199 |  |  |  | — |  |  |  | — |  |  |  | 2,199 |
Cash payments |  |  | (1,688 | ) |  |  | — |  |  |  | — |  |  |  | (1,688 | )
Reclassification of inventory reserves |  |  | (511 | ) |  |  | — |  |  |  | — |  |  |  | (511 | )
Exit activity liability at December 31, 2019 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Wire and Cable Relocation In connection with our acquisition of the North American automotive ignition wire business of General Cable Corporation in May 2016, we incurred certain integration expenses, including costs incurred in connection with the consolidation of the General Cable Corporation Altoona, Pennsylvania wire distribution center into our existing wire distribution center in Edwardsville, Kansas and the relocation of certain machinery and equipment. In October 2016, we further announced our plan to relocate all production from the acquired Nogales, Mexico wire set assembly operation to our existing wire assembly facility in Reynosa, Mexico and to close the Nogales, Mexico plant. As of December 31, 2018, the wire and cable relocation program has been completed. All of our Nogales, Mexico production activities have been relocated to our Reynosa, Mexico assembly facility and our Nogales, Mexico plant was closed. Activity, by segment, for the year ended December 31, 2018 related to our wire and cable relocation program consisted of the following (in thousands):
|  | Engine Management |  |  | Temperature Control |  |  | Other |  |  | Total |
Exit activity liability at December 31, 2017 |  | $ | 392 |  |  | $ | — |  |  | $ | — |  |  | $ | 392 |
Restructuring and integration costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amounts provided for during 2018 |  |  | 1,394 |  |  |  | — |  |  |  | — |  |  |  | 1,394 |
Non-cash usage, including asset write-downs |  |  | (169 | ) |  |  | — |  |  |  | — |  |  |  | (169 | )
Cash payments |  |  | (1,644 | ) |  |  | — |  |  |  | — |  |  |  | (1,644 | )
Foreign currency exchange rate changes |  |  | 27 |  |  |  | — |  |  |  | — |  |  |  | 27 |
Exit activity liability at December 31, 2018 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |

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://fasb.org/us-gaap/role/ref/legacyRef -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