Annual report pursuant to Section 13 and 15(d)

Note 14 - Restructuring Charges

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Note 14 - Restructuring Charges
12 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
Restructuring and Related Activities Disclosure [Text Block]
1
4
.
Restructuring Charges
 
 
   
 During the year ended
December 31, 2017,
in accordance with the Restructuring Plan communicated on
May 15, 2017,
restructuring charges of
$1,732
were incurred related to
49
full-time equivalents (“FTEs”) in Mexico,
102
FTEs in China,
22
FTEs in the U.S., and
10
FTEs in Canada. Additional charges were incurred related to the closure of the Suzhou facility, including ongoing administrative staff charges to close the facility. The closure of the Suzhou Facility was initiated in the
second
quarter of
2017
and was substantially completed by the end of
2017.
During the
first
quarter of
2016,
one
employee was terminated in the Markham, Ontario facility, which resulted in severance charges of
$176
based on the termination payments that are being paid on a monthly until the
first
quarter of
2017.
No
restructuring charges were incurred in
2015.