Quarterly report pursuant to Section 13 or 15(d)

Restructuring Activity (Tables)

v3.19.2
Restructuring Activity (Tables)
 6 Months Ended
Jun. 30, 2019
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
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 June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
 
(in thousands)
 
 
 
 
Employee separation expenses
$
402

 
$
271

 
$
874

 
$
271

Lease related charges
(44
)
 
1,594

 
1,301

 
1,594

Other
58

 
—

 
158

 
—

 
$
416

 
$
1,865

 
$
2,333

 
$
1,865



Lease related charges were related to exiting certain facilities. Lease-related charges for the six months ended June 30, 2019 includes the impairment of long-lived assets (right-of-use assets) of $2.2 million and leasehold improvements of $1.4 million. These lease-related charges were partially offset by a gain on the extinguishment of lease liabilities of $2.9 million for the six months ended June 30, 2019, following the release from such liability by the landlord. The Company does not expect to incur additional material costs related to current restructuring plans.

Lease related charges for the three and six months ended June 30, 2018 included impairment of leasehold improvements of $0.7 million.
Schedule of Restructuring Reserve by Type of Cost The following table presents a roll-forward of the Company's restructuring liability for the six months ended June 30, 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
874

 
1,301

 
158

 
2,333

Transfer to right-of-use asset
—

 
(299
)
 
—

 
(299
)
Cash payments
(1,195
)
 
(1,589
)
 
(134
)
 
(2,918
)
Non-cash charges
—

 
24

 
(41
)
 
(17
)
Liability as of June 30, 2019
$
88

 
$
927

 
$
30

 
$
1,045


Remaining lease related charges as of June 30, 2019 primarily consist of common area maintenance obligations.