Annual report pursuant to Section 13 and 15(d)

Restructuring Activity

v3.20.4
Restructuring Activity
 12 Months Ended
Dec. 31, 2020
Restructuring and Related Activities [Abstract]  
Restructuring Activity Restructuring Activity
From time to time, the Company approves and implements restructuring plans as a result of internal resource alignment, and cost saving measures. Such restructuring plans include terminating employees, vacating certain leased facilities, and cancellation of contracts.
The following table presents the activity related to the plans, which is included in restructuring charges in the consolidated statements of operations:
Years Ended December 31,
2020 2019 2018
(in thousands)
Employee separation expenses $ 1,620  $ 1,150  $ 2,094 
Lease related expenses 1,998  1,301  1,608 
Other 215  185  136 
$ 3,833  $ 2,636  $ 3,838 

Lease related charges for the year ended December 31, 2020 included the impairment of leased right-of-use assets of $1.5 million related to a reduction in expected cash inflows from subleases. Lease related and other charges for the years ended December 31, 2019 and 2018 primarily related to exiting certain redundant facilities.
The following table presents a roll-forward of the Company's restructuring liability for the years ended December 31, 2020 and 2019. The restructuring liability is included in accrued expenses and other current liabilities and other long-term liabilities in the consolidated balance sheets.
Employee Separation Expenses Lease Related Expenses Other Total
(in thousands)
Liability as of December 31, 2018 $ 409  $ 1,490  $ 47  $ 1,946 
Transfer to right-of-use asset —  (299) —  (299)
Restructuring charges 1,150  1,301  185  2,636 
Cash payments (1,559) (1,720) (163) (3,442)
Non-cash charges —  46  (50) (4)
Liability as of December 31, 2019 —  818  19  837 
Restructuring charges 1,620  1,998  215  3,833 
Cash payments (2,165) (322) (36) (2,523)
Reimbursement due from Intel (Note 6) 4,415  —  —  4,415 
Non-cash charges and adjustments (596) (1,774) (195) (2,565)
Liability as of December 31, 2020 3,274  720  3  3,997 
Less: current portion as of December 31, 2020 (3,274) (351) (3) (3,628)
Long-term portion as of December 31, 2020 $ —  $ 369  $ —  $ 369 

As of December 31, 2020, the remaining employee separation balance primarily consists of reduction in force costs that will be reimbursed by Intel and other severance payments, and remaining lease related charges primarily consist of common area maintenance obligations. The Company does not expect to incur additional material costs related to current restructuring plans.