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Restructuring Charges
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12 Months Ended |
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Dec. 31, 2013
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| Restructuring Charges [Abstract] | |
| Restructuring Charges |
NOTE 14 – RESTRUCTURING CHARGES During the year end December 31, 2013, the Company recorded $1,149,000 in restructuring expense. This consisted of severance and related benefits costs due to the restructuring within the Transition Networks business segment as well as severance and related benefits costs due to the elimination of certain corporate management positions. The Company paid $663,000 in restructuring charges during 2013 and had $486,000 in restructuring accruals recorded in accrued compensation and benefits at December 31, 2013 that is expected to be paid during 2014.
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- Details
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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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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