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Restructuring
6 Months Ended
Jun. 30, 2017
Restructuring  
Restructuring

Note 7. Restructuring

 

In January 2017, the Company initiated certain restructuring actions in connection with the sale of its Low Speed Transceiver Products’ assets and the current lower market outlook for China. The actions consisted of workforce reductions in China. The related restructuring liability included in accrued and other current liabilities was paid in May 2017. The Company took further action in May 2017 to reduce operating costs. The Company recorded $0.7 million and $1.0 million in  restructuring charges within cost of goods sold and operating expenses in the three and six months ended June 30, 2017. As of June 30, 2017, the Company’s restructuring liability of $0.2 million was included in accrued and other current liabilities on its condensed consolidated balance sheets. There were no restructuring charges in the three and six months ended June 30, 2016 or restructuring liabilities as of December 31, 2016.