Subsequent Event |
9 Months Ended |
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Sep. 30, 2016 | |
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12. Subsequent Events
In the fourth quarter of 2016, the Company intends to complete and approve a restructuring plan to realign resources with the Company's current objectives. Management expects to incur restructuring expenses related to employee separation charges and lease-related impairment charges in an aggregate amount ranging from approximately $1.5 million to $2.0 million.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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