Quarterly report pursuant to Section 13 or 15(d)

Restructuring Charges

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Restructuring Charges
3 Months Ended
Mar. 31, 2015
Restructuring Charges [Abstract]  
Restructuring Charges

NOTE 13 – RESTRUCTURING CHARGES

 

During the three-months ended March 31, 2014, the Company recorded $238,000 in restructuring expense. This consisted of severance and related benefits costs due to the restructuring within the Transition Networks business segment, including ongoing costs related to the closure of the China facility. The facility was completely closed in the second quarter of 2014. The Company had no restructuring expenses for the three-month period ended March 31, 2015.