Restructuring Costs

6 Months Ended

Jun. 30, 2019

Restructuring And Related Activities [Abstract]

12. Restructuring costs

In May 2019, we approved a severance plan that included a workforce elimination of approximately 38 positions in the U.S. and internationally. This one-time involuntary termination benefit plan reduced our workforce by approximately 25% and was done in order to reduce go-forward operating costs and re-align our go-forward business model to support future business initiatives. These actions are expected to be substantially completed by the end of the third quarter of 2019, with the majority of the positions having occurred as of June 30, 2019. The costs associated with these actions consist primarily of charges for restructuring costs related to severance and benefits, and a non-cash impairment charge related to certain software development cost assets. We expect to incur aggregate restructuring charges of approximately $1.5 million under this plan. During the second quarter of 2019, we incurred $1.4 million in charges for restructuring costs under this plan, of which $0.3 million is paid. The ending balance for accrued restructuring charges for this severance plan is $0.7 million as of June 30, 2019 and is included as part of accrued compensation on the consolidated balance sheets.

Summary of Restructuring Costs

The types of charges for restructuring costs for the three and six months ended June 30, 2019 and June 30, 2018 were (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
Severance and benefits	$	1,001	$	-	$	-	$	-
Asset impairment charge (see Note 11)		375		-		-		-
Total	$	1,376	$	-	$	-	$	-

For the three and six months ended June 30, 2018, we did not incur restructuring costs.

Accrued Restructuring Costs

The following tables show the activity and estimated timing of future payouts for accrued restructuring costs (in thousand):

	Three Months Ended June 30,
	2019			2018
Balance as of March 31, 2019	$	-		$	-
Restructuring costs		1,376			-
Adjustments of prior estimates		-			-
Non-cash asset impairment charge		(375	)		-
Cash payments		(340	)		-
Balance as of June 30, 2019	$	661		$	-

	Six Months Ended June 30,
	2019			2018
Balance as of December 31, 2018	$	-		$	-
Restructuring costs		1,376			-
Adjustments of prior estimates		-			-
Non-cash asset impairment charge		(375	)		-
Cash payments		(340	)		-
Balance as of June 30, 2019	$	661		$	-

	As of June 30,
Estimated timing of future payments:	2019			2018
Remainder of 2019	$	573		$	-
2020		88			-
Total stock-based compensation expense	$	661		$	-