Restructuring Costs

9 Months Ended

Sep. 26, 2014

5. Restructuring Costs

The Company recorded restructuring costs of $3.6 million during the nine months ended September 26, 2014, primarily for reductions in consultants and functional support personnel in Europe. These actions were taken as a result of the continued decline in demand in its European markets. The Company took steps to reduce its costs to better align its overall cost structure and organization with anticipated demand for its services.

The following table sets forth the activity in the restructuring expense accruals (in thousands):



		Severance and Other
		Employee Costs

Accrual balance at December 27, 2013	$	-
Accrual		3,604
Expenditures		(2,854)
Accrual balance at September 26, 2014	$	750

- 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.

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