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Severance
12 Months Ended
Dec. 31, 2016
Restructuring and Related Activities [Abstract]  
SEVERANCE
SEVERANCE
The components of the changes in severance liabilities, which are included under accrued compensation and benefits on the Consolidated Balance Sheets, for the periods stated were as follows:
(Dollars in thousands)
Severance
Balance at January 1, 2015
$
1,581

Charges
2,701

Cash paid
(2,926
)
Balance at December 31, 2015
1,356

Charges
1,446

Cash paid
(1,347
)
Balance at December 31, 2016
$
1,455


Severance charges incurred in 2016 and 2015 related to staff reductions as we continue to match our employee levels with operational requirements and to a sales management realignment. Approximately $1.8 million of severance charges incurred in 2015 related to the departure of a former executive. The balance of accrued severance liabilities as of December 31, 2016 is expected to be paid during 2017.