Quarterly report pursuant to Section 13 or 15(d)

Restructuring Activity

v3.19.1
Restructuring Activity
 3 Months Ended
Mar. 31, 2019
Restructuring and Related Activities [Abstract]  
Restructuring Activity
Restructuring Activity

From time to time, the Company approves and implements restructuring plans as a result of acquisitions, internal resource alignment, and cost saving measures. Such restructuring plans include vacating certain leased facilities, terminating employees, and cancellation of contracts.

The following table presents the activity related to the restructuring plans, which is included in restructuring charges in the consolidated statements of operations:
 
Three Months Ended March 31,
 
2019
 
2018
 
(in thousands)
Employee separation expenses
$
472

 
$
—

Lease related charges
1,345

 
—

Other
100

 
—

 
$
1,917

 
$
—



Lease-related charges for the three months ended March 31, 2019 primarily related to exiting certain facilities and includes the impairment of long-lived assets (right-of-use assets) and leasehold improvements of $2.2 million and $1.4 million, respectively, partially offset by a gain on the extinguishment of lease liabilities of $2.9 million following the release from such liability by the landlord. The Company does not expect to incur additional material costs related to current restructuring plans.
The following table presents a roll-forward of the Company's restructuring liability for the three months ended March 31, 2019. The restructuring liability is included in accrued expenses and other current liabilities in the consolidated balance sheets.
 
Employee Separation Expenses
 
Lease Related Charges
 
Other
 
Total
 
(in thousands)
Liability as of December 31, 2018
$
409

 
$
1,490

 
$
47

 
$
1,946

Restructuring charges
472

 
1,345

 
100

 
1,917

Transfer to right-of-use asset
—

 
(299
)
 
—

 
(299
)
Cash payments
(662
)
 
(1,445
)
 
(59
)
 
(2,166
)
Non-cash charges
—

 
12

 
—

 
12

Liability as of March 31, 2019
$
219

 
$
1,103

 
$
88

 
$
1,410

Remaining lease related charges as of March 31, 2019 primarily consist of common area maintenance obligations.