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v3.22.2.2

Business Realignment and Restructuring (Tables) | 9 Months Ended
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Sep. 30, 2022
Schedule of Restructuring and Related Costs | Business realignment charges by reportable segment were as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Three months ended | ​ | ​ | Nine months ended
​ | ​ | ​ | September 30, | ​ | ​ | September 30,
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021
Control Devices (A) | ​ | $ | - | ​ | $ | - | ​ | $ | - | ​ | $ | 192
Electronics (B) | ​ | ​ | - | ​ | ​ | (16) | ​ | ​ | - | ​ | ​ | (3)
Stoneridge Brazil (C) | ​ | ​ | 64 | ​ | ​ | - | ​ | ​ | 98 | ​ | ​ | 59
Unallocated Corporate (D) | ​ | ​ | 190 | ​ | ​ | 1,096 | ​ | ​ | 190 | ​ | ​ | 1,138
Total business realignment charges | ​ | $ | 254 | ​ | $ | 1,080 | ​ | $ | 288 | ​ | $ | 1,386
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​
(A) | Severance costs for the nine months ended September 30, 2021 related to SG&A were $192.
(B) | Severance (benefit) costs for the three months ended September 30, 2021 related to COGS, SG&A and D&D were $1, $9 and $(26), respectively. Severance (benefit) costs for the nine months ended September 30, 2021 related to COGS, SG&A and D&D were $1, $(13) and $9, respectively.
(C) | Severance costs for the three and nine months ended September 30, 2022 related to SG&A were $64 and $98, respectively. Severance costs for the nine months ended September 30, 2021 related to COGS and SG&A were $7 and $52, respectively.
(D) | Severance costs for both the three and nine months ended September 30, 2022 related to SG&A were $190. Severance costs for the three and nine months ended September 30, 2021 related to SG&A were $1,096 and $1,138, respectively.
Schedule of Business Realignment Charges Classified by Statement of Operations | Business realignment charges classified by statement of operations line item were as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Three months ended | ​ | ​ | Nine months ended
​ | ​ | ​ | September 30, | ​ | ​ | September 30,
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021
Cost of goods sold | ​ | $ | - | ​ | $ | 1 | ​ | $ | - | ​ | $ | 8
Selling, general and administrative | ​ | ​ | 254 | ​ | ​ | 1,105 | ​ | ​ | 288 | ​ | ​ | 1,369
Design and development | ​ | ​ | - | ​ | ​ | (26) | ​ | ​ | - | ​ | ​ | 9
Total business realignment charges | ​ | $ | 254 | ​ | $ | 1,080 | ​ | $ | 288 | ​ | $ | 1,386
Canton Facility Restructuring Plan [Member] |
Schedule of Restructuring and Related Costs | The expenses for the Canton Restructuring that relate to the Control Devices reportable segment include the following:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Accrual as of | ​ | 2022 Charge | ​ | ​ | Utilization | ​ | Accrual as of
​ | ​ | January 1, 2022 | ​ | to Expense | ​ | Cash | ​ | Non-Cash | ​ | September 30, 2022
Employee termination benefits | ​ | $ | 93 | ​ | $ | - | ​ | $ | (93) | ​ | $ | - | ​ | $ | -
Other related costs | ​ | ​ | - | ​ | ​ | - | ​ | ​ | - | ​ | ​ | - | ​ | ​ | -
Total | ​ | $ | 93 | ​ | $ | - | ​ | $ | (93) | ​ | $ | - | ​ | $ | -
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Accrual as of | ​ | 2021 Charge | ​ | ​ | Utilization | ​ | Accrual as of
​ | ​ | January 1, 2021 | ​ | to Expense | ​ | Cash | ​ | Non-Cash | ​ | September 30, 2021
Employee termination benefits | ​ | $ | 165 | ​ | $ | - | ​ | $ | (25) | ​ | $ | - | ​ | $ | 140
Other related costs | ​ | ​ | - | ​ | ​ | 13 | ​ | ​ | (13) | ​ | ​ | - | ​ | ​ | -
Total | ​ | $ | 165 | ​ | $ | 13 | ​ | $ | (38) | ​ | $ | - | ​ | $ | 140
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Electronics [Member] |
Schedule of Restructuring and Related Costs | The expenses for the restructuring activities that relate to the Electronics reportable segment include the following:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Accrual as of | ​ | 2021 Charge to | ​ | ​ | Utilization | ​ | Accrual as of
​ | ​ | January 1, 2021 | ​ | Expense | ​ | Cash | ​ | Non-Cash | ​ | September 30, 2021
Employee termination benefits | ​ | $ | 227 | ​ | $ | 50 | ​ | $ | (212) | ​ | $ | - | ​ | $ | 65
Other related costs | ​ | ​ | - | ​ | ​ | 206 | ​ | ​ | (206) | ​ | ​ | - | ​ | ​ | -
Total | ​ | $ | 227 | ​ | $ | 256 | ​ | $ | (418) | ​ | $ | - | ​ | $ | 65
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Control Devices [Member] | Particulate Matter Product Line Strategic Exit [Member] |
Schedule of Restructuring and Related Costs | The expenses and liabilities for the exit of the PM sensor line that relate to the Control Devices reportable segment include the following:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Accrual as of | ​ | 2022 Charge | ​ | ​ | Utilization | ​ | Accrual as of
​ | ​ | January 1, 2022 | ​ | to Expense | ​ | Cash | ​ | Non-Cash | ​ | September 30, 2022
Fixed asset impairment and accelerated depreciation | ​ | $ | - | ​ | $ | - | ​ | $ | - | ​ | $ | - | ​ | $ | -
Employee termination benefits | ​ | ​ | 35 | ​ | ​ | - | ​ | ​ | (35) | ​ | ​ | - | ​ | ​ | -
Other related costs | ​ | ​ | - | ​ | ​ | - | ​ | ​ | - | ​ | ​ | - | ​ | ​ | -
Total | ​ | $ | 35 | ​ | $ | - | ​ | $ | (35) | ​ | $ | - | ​ | $ | -
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Accrual as of | ​ | 2021 Charge | ​ | ​ | Utilization | ​ | Accrual as of
​ | ​ | January 1, 2021 | ​ | to Expense | ​ | Cash | ​ | Non-Cash | ​ | September 30, 2021
Fixed asset impairment and accelerated depreciation | ​ | $ | - | ​ | $ | 188 | ​ | $ | - | ​ | $ | (188) | ​ | $ | -
Employee termination benefits | ​ | ​ | - | ​ | ​ | 139 | ​ | ​ | (139) | ​ | ​ | - | ​ | ​ | -
Other related costs | ​ | ​ | - | ​ | ​ | 2,002 | ​ | ​ | (2,002) | ​ | ​ | - | ​ | ​ | -
Total | ​ | $ | - | ​ | $ | 2,329 | ​ | $ | (2,141) | ​ | $ | (188) | ​ | $ | -
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​

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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -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 3: http://fasb.org/us-gaap/role/ref/legacyRef -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=115931487&loc=d3e140904-122747 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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