Quarterly report pursuant to Section 13 or 15(d)

Restructuring Activity (Tables)

v3.19.3
Restructuring Activity (Tables)
 9 Months Ended
Sep. 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 September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
 
(in thousands)
Employee separation expenses
$
125

 
$
440

 
$
999

 
$
711

Lease related charges
—

 
(315
)
 
1,301

 
1,279

Other
19

 
111

 
177

 
111

 
$
144

 
$
236

 
$
2,477

 
$
2,101



Lease related charges were related to exiting certain facilities. Lease-related charges for the nine months ended September 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 nine months ended September 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 months ended September 30, 2018 related to adjustments to the net present value of the remaining lease obligation on the cease-use date from exiting certain facilities. Lease related charges for the nine months ended September 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 nine months ended September 30, 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 Charges
 
Other
 
Total
 
(in thousands)
Liability as of December 31, 2018
$
409

 
$
1,490

 
$
47

 
$
1,946

Restructuring charges
999

 
1,301

 
177

 
2,477

Transfer to right-of-use asset
—

 
(299
)
 
—

 
(299
)
Cash payments
(1,401
)
 
(1,655
)
 
(155
)
 
(3,211
)
Non-cash charges and adjustments
—

 
35

 
(45
)
 
(10
)
Liability as of September 30, 2019
7

 
872

 
24

 
903

Less: current portion as of September 30, 2019
(7
)
 
(272
)
 
(24
)
 
(303
)
Long-term portion as of September 30, 2019
$
—

 
$
600

 
$
—

 
$
600


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