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Note 5 - Restructuring Charges and Acquisition Costs | 12 Months Ended
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Oct. 01, 2016
Notes to Financial Statements |
Restructuring Charges and Acquisition Costs [Text Block] | (5 ) Restructuring Charges and Acquisition Costs Restructuring charges . Subsequent to the ASW Acquisition, in 2014, we incurred employee separation costs for staffing reductions associated with the acquisition. In February 2015, we elected to consolidate our PC strand operations with the closure of the Newnan, Georgia facility that had been acquired through the ASW Acquisition, which was completed in March 2015. Following is a summary of the restructuring activities and associated costs that were incurred during 2016, 2015 and 2014:
(In thousands) |  | Asset Impairment Charges |  |  | Equipment Relocation Costs |  |  | Severance and Other Employee Separation Costs |  |  | Facility Closure Costs |  |  | Gain on Sale of Property and Equipment |  |  | Total |
2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Liability as of October 3, 2015 |  | $ | - |  |  | $ | - |  |  | $ | 735 |  |  | $ | - |  |  | $ | - |  |  | $ | 735 |
Restructuring charges (recoveries) |  |  | 20 |  |  |  | 186 |  |  |  | - |  |  |  | 89 |  |  |  | (180 | ) |  |  | 115 |
Cash payments |  |  | - |  |  |  | (155 | ) |  |  | (496 | ) |  |  | (89 | ) |  |  | - |  |  |  | (740 | )
Non-cash charges |  |  | (20 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 180 |  |  |  | 160 |
Liability as of October 1, 2016 |  | $ | - |  |  | $ | 31 |  |  | $ | 239 |  |  | $ | - |  |  | $ | - |  |  | $ | 270 |
2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Liability as of September 27, 2014 |  | $ | - |  |  | $ | - |  |  | $ | 1,208 |  |  | $ | - |  |  | $ | - |  |  | $ | 1,208 |
Restructuring charges (recoveries) |  |  | 543 |  |  |  | 79 |  |  |  | 75 |  |  |  | 547 |  |  |  | (895 | ) |  |  | 349 |
Cash payments |  |  | - |  |  |  | (79 | ) |  |  | (548 | ) |  |  | (547 | ) |  |  | - |  |  |  | (1,174 | )
Non-cash charges |  |  | (543 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 895 |  |  |  | 352 |
Liability as of October 3, 2015 |  | $ | - |  |  | $ | - |  |  | $ | 735 |  |  | $ | - |  |  | $ | - |  |  | $ | 735 |
2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Restructuring charges |  | $ | - |  |  | $ | - |  |  | $ | 1,247 |  |  | $ | - |  |  | $ | - |  |  | $ | 1,247 |
Cash payments |  |  | - |  |  |  | - |  |  |  | (39 | ) |  |  | - |  |  |  | - |  |  |  | (39 | )
Liability as of September 27, 2014 |  | $ | - |  |  | $ | - |  |  | $ | 1,208 |  |  | $ | - |  |  | $ | - |  |  | $ | 1,208 |
As of October 1, 2016, we recorded restructuring liabilities amounting to $0.3 million on our consolidated balance sheet, including $0.1 million in accounts payable and $0.2 million in accrued expenses. As of October 3, 2015, we recorded restructuring liabilities amounting to $0.7 million on our consolidated balance sheet, including $0.5 million in accrued expenses and $0.2 million in other liabilities. We do not currently expect to incur any significant restructuring charges during 2017. Acquisition costs. During 2014, we recorded $0.6 million of acquisition-related costs associated with the ASW Acquisition for legal, accounting and other professional fees.

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- Definition The entire disclosure for restructuring and related activities and acquisition costs incurred to effect a business combination that have been expensed during the period. 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 No definition available. + Details
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