Restructuring and Severance

3 Months Ended

Mar. 31, 2017

Restructuring And Related Activities [Abstract]

10. Restructuring and Severance

In the first quarter of 2016, the Company implemented a worldwide restructuring plan designed to refocus the Company’s resources on its core business segments, including physical access and transponders, and to consolidate its operations in several worldwide locations. The restructuring plan included reducing the Company’s non-manufacturing employee base, reallocating overhead roles into direct business activities and eliminating certain management and executive roles. In the first quarter of 2016, the Company incurred severance and facilities related costs of $2.7 million in connection with this restructuring plan.

All unpaid restructuring and severance accruals are included in other accrued expenses and liabilities within current liabilities in the condensed consolidated balance sheets at March 31, 2017 and December 31, 2016. Restructuring and severance activities during the three months ended March 31, 2017 and March 31, 2016 were as follows (in thousands):

	Three Months Ended March 31,
	2017			2016
Balance at beginning of period	$	237		$	633
Restructuring expense incurred for the period		—			2,739
Payments and non-cash item adjustment during the period		(103	)		(1,877	)
Balance at end of period	$	134		$	1,495