Restructuring Costs Restructuring Costs

3 Months Ended

Mar. 31, 2015

Restructuring and Related Activities [Abstract]

Restructuring Costs

As part of an overall cost reduction effort, in August 2013, the Company exited a leased facility in San Diego, California, which is available for sublease until the lease expires in July 2015.

In connection with the restructuring, the Company recorded $2.4 million in facility exit costs, and $1.7 million of impairment expense for tenant improvements associated with the vacated facility, in addition to other restructuring charges during the year ended December 31, 2013.

In 2014, based on the shortened period where the facility could be subleased and in consideration of other new information, management reassessed the remaining liabilities in connection with the restructuring and recorded an additional $1.9 million of restructuring expense related to the vacated facility. The restructuring cost is for the lease obligation and costs to operate the facility through the lease expiration.

The following table summarizes our restructuring activity during the three months ended March 31, 2015 and related liabilities as of March 31, 2015 (in thousands):



	Facility Exit Costs
Balance as of December 31, 2014	$	1,195
Cash payments	(561		)
Balance as of March 31, 2015	$	634

The restructuring liability of $0.6 million is included in other current liabilities on the condensed consolidated balance sheet as of March 31, 2015 and are payable through the remainder of the vacated facility lease, which expires in July 2015.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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