Organizational Efficiency Plan

9 Months Ended

Sep. 30, 2015

Organizational Efficiency Plan [Abstract]

Organizational Efficiency Plan

(8)     Organizational Efficiency Plan

During the second quarter of 2015, theCompany integrated operations and consolidated certain positions resulting in employee headcountreductions. The Company continually evaluates ways to improve business processes to ensure that operations align with its strategy and vision for the future. In the three months ended September 30, 2015, the Company recorded a $0.1 million credit to employee termination costs. This credit is a result of unused and expired outplacement services which were offered to impacted employees. In the nine months ended September 30, 2015, the Company recognized charges in operating expenses of $2.0 million, primarily for severance costs. The Company has recorded these severance costs within accrued compensation and related benefits in the accompanying consolidated balance sheet.

Changes in the Company’s accrued liabilities for workforce reduction costs in the nine months ended September 30, 2015 were as follows (dollars in thousands):

	September 30,
	2015
Beginning balance	$	—
Employee termination and other charges		1,968
Cash paid		(1,564)
Ending balance	$	404