Quarterly report pursuant to Section 13 or 15(d)

Restructuring Activity (Tables)

v3.7.0.1
Restructuring Activity (Tables)
 6 Months Ended
Jun. 30, 2017
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs [Table Text Block]
The following table presents the activity related to the restructuring plans, which is included in restructuring charges in the consolidated statements of income:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
 
(in thousands)
Employee separation expenses
$
5,996

 
$
—

 
$
5,996

 
$
—

Lease related charges
550

 
—

 
550

 
1,976

Other
—

 
—

 
—

 
130

 
$
6,546

 
$
—

 
$
6,546

 
$
2,106

Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
The following table presents a roll-forward of the Company's restructuring liability for the six months ended June 30, 2017. 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, 2016
$
—

 
$
499

 
$
37

 
$
536

Transfers from deferred rent
—

 
4,405

 
—

 
4,405

Restructuring charges
5,996

 
550

 
—

 
6,546

Assumed in acquisition
—

 
—

 
70

 
70

Cash payments
(676
)
 
(1,465
)
 
—

 
(2,141
)
Non-cash items
(4,514
)
 
(6
)
 
—

 
(4,520
)
Liability as of June 30, 2017
$
806

 
$
3,983

 
$
107

 
$
4,896