Strategic Restructuring

3 Months Ended

Mar. 31, 2016

Restructuring And Related Activities [Abstract]

Strategic Restructuring

(9) Strategic Restructuring

On January 6, 2015, the Board of the Company approved a strategic restructuring of the Company that eliminated the Company’s internal research function and aligned the Company’s resources with the Company’s future strategic plans. As part of this restructuring, the Company eliminated approximately two-thirds of the Company’s workforce, or 40 positions across the organization. The Company substantially completed the restructuring during the quarter-ended March 31, 2015.

The following table summarizes the components of the Company’s restructuring activity recorded in operating expenses and in accrued expenses in the accompanying consolidated balance sheet:

	Restructuring amounts accrued at December 31, 2015		Restructuring expense incurred during the three months ended March  31, 2016		Restructuring amounts paid during the three months ended March  31, 2016			Restructuring amounts accrued at March 31, 2016
	(in thousands)
Employee severance, benefits and related costs.	$	357		—	$	(161	)		196

The Company is obligated to continue to pay the remaining amounts accrued through the third quarter of 2016.