XML 28 R17.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Headquarter Relocation | 9 Months Ended
--- | ---
Sep. 30, 2016
Headquarter Relocation | ﻿ (1 2) Business Realignment ﻿ The Company regularly evaluates the performance of its businesses and cost structures, including personnel, and makes necessary changes thereto in order to optimize its results. The Company also evaluates the required skill sets of its personnel and periodically makes strategic changes. As a consequence of these actions, the Company incurs severance related costs which are referred to as business realignment charges. ﻿ Business realignment charges by reportable segment were as follows: ﻿
﻿ |  |  |  |  |  |  |  |
﻿ |  | Three months ended |  | Nine months ended
﻿ |  | September 30, |  | September 30,
﻿ |  | 2016 |  | 2015 |  | 2016 |  | 2015
﻿Electronics (A) | $ | - | $ | 317 | $ | 1,180 | $ | 317
﻿PST (B) |  | 211 |  | 403 |  | 1,242 |  | 403
﻿Unallocated Corporate (C) |  | - |  | 309 |  | - |  | 309
﻿Total business realignment charges | $ | 211 | $ | 1,029 | $ | 2,422 | $ | 1,029
﻿ (A) Severance costs for the nine months ended September 30, 2016 related to selling, general and administrat ive (“SG&A”) and design and development (“D&D”) were $196 and $984, respectively. Severance costs f or both the three and nine months ended September 30, 2015 related to SG&A and D&D were $102 and $215, respectively. ﻿ (B) Severance costs for the three months ended September 30, 2016 related to cost of goods sold (“COGS”) and SG&A were $20 and $191, respectively. Severance costs for the nine months ended September 30, 2016 related to COGS, SG&A and D&D were $307, $819 and $116, respectively. Severance costs for both the three and nine months ended September 30, 2015 related to COGS, SG&A and D&D were $172, $117 and $114, respectively. ﻿ (C) Severance costs for both the three and nine months ended September 30, 2015 related to SG&A were $309. ﻿ Business realignment charges classified by statement of operations line item were as follows: ﻿
﻿ |  |  |  |  |  |  |  |
﻿ |  | Three months ended |  | Nine months ended
﻿ |  | September 30, |  | September 30,
﻿ |  | 2016 |  | 2015 |  | 2016 |  | 2015
﻿Cost of goods sold | $ | 20 | $ | 171 | $ | 307 | $ | 171
﻿Selling, general and administrative |  | 191 |  | 529 |  | 1,015 |  | 529
﻿Design and development |  | - |  | 329 |  | 1,100 |  | 329
﻿Total business realignment charges | $ | 211 | $ | 1,029 | $ | 2,422 | $ | 1,029
﻿
Headquarter Relocation [Member] |
Headquarter Relocation | ﻿ (11) Headquarter Relocation ﻿ In March 2016, the Company announced the relocation of its corporate headquarters from Warren, Ohio to Novi, Michigan which will primarily occur during the fourth quarter of 2016. As a result, the Company incurred relocation costs of $726 and $998 for the three and nine months ended September 2016, respectively. The relocation costs incurred included employee retention, relocation, severance, recruiting, duplicate wages and professional fees. ﻿ In April 2016, the Company entered into a long-term lease agreement for its new corporate headquarters. The Company establishes assets and liabilities for the estimated construction costs incurred under build-to-suit lease arrangements to the extent the Company was involved in the construction of structural improvements or takes construction risk prior to the commencement of a lease. As of September 30, 2016, the Company recorded a non-cash build-to-suit lease asset under construction of $4,322 (within Prepaid and other currents assets) and a corresponding obligation (within accrued expenses and other current liabilities) i n the condensed consolidated balance sheet. ﻿ Also, the Company concluded that the Warren, Ohio headquarter building, wh ich had a net book value of $481 at September 30, 2016 and is actively marketed for sale, met the criteria for held for sale accounting treatment. As such, it was reclassified from Prope rty, plant and equipment, net to Prepaid and o ther c urrent a ssets at September 30, 2016.

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 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section P -Subsection 3, 4 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_RestructuringCostAndReserveAxis=us-gaap_EmployeeRelocationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |