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Headquarter Relocation | 12 Months Ended
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Dec. 31, 2016
Headquarter Relocation | ﻿ 12. Restructuring and Business Realignment ﻿ On October 29, 2007, the Company announced a restructuring initiative to improve manufacturing efficiency and cost position by ceasing manufacturing operations at its Mitcheldean, United Kingdom (Electronics reportable segment) location. In 2010, the Company continued restructuring initiatives within the Electronics reportable segment and recorded amounts related to its terminated property lease in Mitcheldean, United Kingdom. During the third quarter of 2012, the Company finalized a settlement agreement to modify the terms of and the obligation associated with the property consistent with previous estimates. ﻿ ﻿ ﻿ ﻿ In connection with the Electronics segment restructuring initiative, the Company recorded lease related restructuring charges during the years ended December 31, 201 6, 201 5 and 201 4 of $59, $183 and $494, respectively, as part of selling, general and administrative expense. At December 31, 201 6 and 201 5, the only remaining restructuring related accrual relates to the terminated property lease in Mitcheldean, United Kingdom, for which the Company has accrued $273 and $458, respectively, on the consolidated balance sheets of which $0 and $313, respectively, is a component of other long-term liabilities. ﻿ The expenses for the restructuring activities that relate to the Electronics reportable segment include the following: ﻿
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﻿ |  |  |  |  |  |
﻿ |  | 2016 |  | 2015 |  | 2014
﻿Accrued balance at January 1 | $ | 458 | $ | 733 | $ | 780
﻿Charge to expense |  | 59 |  | 183 |  | 494
﻿Foreign currency translation |  | (69) |  | 3 |  | (45)
﻿Cash payments, net |  | (175) |  | (461) |  | (496)
﻿Accrued balance at December 31 | $ | 273 | $ | 458 | $ | 733
﻿ 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: ﻿
﻿ |  |  |  |  |  |
﻿Years ended December 31 |  | 2016 |  | 2015 |  | 2014
﻿Electronics (A) | $ | 1,180 | $ | 317 | $ | -
﻿PST (B) |  | 1,437 |  | 403 |  | 1,578
﻿Unallocated Corporate (C) |  | - |  | 309 |  | -
﻿Total business realignment charges | $ | 2,617 | $ | 1,029 | $ | 1,578
﻿ (A) Severance costs for the year ended December 31, 2016 related to selling, general and administrat ive (“SG&A”) and design and development (“D&D”) were $196 and $984, respectively. Severance costs for the year ended December 31, 2015 related to SG&A and D&D were $102 and $215, respectively. ﻿ (B) Severance costs for the year ended December 31, 2016 related to cost of goods sold (“COGS”), SG&A and D&D were $437, $884 and $116, respectively. Severance costs for the year ended December 31, 2015 related to COGS, SG&A and D&D were $172, $117 and $114, respectively. Severance costs for year ended December 31, 2014 related to COGS, SG&A and D&D were $847, $559 and $172, respectively. ﻿ (C) Severance costs for the year then ended December 31, 2015 related to SG&A were $309. ﻿ Business realignment charges classified by statement of operations line item were as follows: ﻿ ﻿
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﻿Years ended December 31 |  | 2016 |  | 2015 |  | 2014
﻿Cost of goods sold | $ | 437 | $ | 172 | $ | 847
﻿Selling, general and administrative |  | 1,080 |  | 528 |  | 559
﻿Design and development |  | 1,100 |  | 329 |  | 172
﻿Total business realignment charges | $ | 2,617 | $ | 1,029 | $ | 1,578
﻿ There were no significant restructuring or business realignment expenses related to the Control Devices reportable segment during the years ended December 31, 201 6, 201 5 or 201 4.
Headquarter Relocation [Member] |
Headquarter Relocation | 11. Headquarter Relocation and Consolidation ﻿ D uring the fourth quarter of 2016, the Company relocated its corporate headquarters from Warren, Ohio to Novi, Michigan and consolidated its other corporate functions into one location. As a result, the Company incurred relocation costs, which included employee retention, relocation, severance, recruiting, duplica te wages and professional fees, of $1,769 for the year then ended December 31, 2016. ﻿ During 2016, 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) in the consolidated balance sheet. On October 31, 2016 the construction was completed. Based on the Company’s evaluation of the lease, sale and leaseback accounting treatment was deemed to be appropriate and as such the Company removed the build-to-suit lease asset and corresponding obligation. Also, the incremental cost of the tenant improvements incurred and paid by the Lessor of $1,104 were capitalized as a right of use asset and corresponding liability as of October 31, 2016. The right of use asset and corresponding liability will be amortized on a straight line basis to rent expense over the 10 lease year term. ﻿

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- 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
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