|3 Months Ended|
Mar. 31, 2017
|Restructuring and Related Activities [Abstract]|
From time to time, the Company approves and implements restructuring plans as a result of acquisitions, internal resource alignment and cost saving measures.
In connection with the Company's acquisition of Entropic in 2015, the Company entered into a restructuring plan to address matters primarily relating to the integration of the Company and Entropic businesses. Later in 2015, the Company ceased use of the majority of Entropic's former headquarters. The Company recognized $0 and $2.0 million in additional lease impairment charges in the three months ended March 31, 2017 and 2016. This included adjustments to the estimates of net present value of the remaining lease obligation for actual sublease income and period costs associated with the Entropic lease, including commissions to brokers involved in subleasing property. Total sublease income related to leased facilities the Company ceased using as part of the Entropic restructuring plan for the three months ended March 31, 2017 and 2016 was approximately $0.5 million and $0.1 million, respectively.
The following table presents the activity related to the restructuring plans, which is included in restructuring charges in the consolidated statements of income:
The Company does not expect to incur material additional costs related to these restructuring plans.
The following table presents a roll-forward of the Company's restructuring liability as of March 31, 2017, which is included in accrued expenses and other current liabilities in the consolidated balance sheets:
The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.
Reference 1: http://www.xbrl.org/2003/role/presentationRef