Restructuring

12 Months Ended

Dec. 31, 2019

Restructuring and Related Activities [Abstract]

Restructuring

Restructuring

In the third quarter of 2015, the Company approved a restructuring initiative to better position the Company to operate in current market conditions and more closely align operating expenses with revenues, which included employee severance costs and facility exit related costs. In the fourth quarter of 2015, the Company commenced certain initiatives relating to the reorganization of executive level management (collectively, the “2015 Initiatives”). The Company continued these initiatives in 2016 with a reduction-in-force and the completion of the closure of its facility in Richardson, TX. The 2015 Initiatives are expected to cost a total of approximately $6.0 million and be completed when the Richardson, TX lease expires in June 2020.

The following table sets forth activity in the restructuring liability for the year ended December 31, 2019 (in thousands):

	Balance at December 31, 2018		Costs Incurred		Payments			Balance at December 31, 2019		Cumulative Costs Incurred to Date
2015 Initiatives
Employee Severance Costs	$	—	$	—	$	—		$	—	$	4,131
Facility Exit Related Costs	634		60		(474		)	220		1,914
Total	$	634	$	60	$	(474	)	$	220	$	6,045

The balance of the restructuring liability at December 31, 2019 consists of approximately $0.2 million included in accrued expenses and other current liabilities in the consolidated balance sheet.

During the year ended December 31, 2018, the Company wrote down the value of certain inventory by approximately $0.4 million related to the abandonment of certain product lines that management decided to exit. The Company accounted for the adjustments in accordance with the ASC 330, Inventory, and included the adjustments in impairment of abandoned product line, net of recoveries, within cost of net revenues in the consolidated statements of operations.