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Restructuring Costs
12 Months Ended
Dec. 31, 2017
Restructuring and Related Activities [Abstract]  
Restructuring Costs
RESTRUCTURING COSTS
In December 2017, as part of the Company’s new strategic plan to accelerate revenue growth and increase operating margins, the Company approved a restructuring plan to reduce the headcount of the Company’s global service delivery team, as well as the headcount of some of its sales teams, representing a total workforce reduction of approximately six percent. In December 2017, the Company completed the sales team headcount reductions. The Company expects the service delivery headcount reductions to be primarily completed by March 2018. The restructuring is part of the Company’s renewed focus on recurring, or subscription-based, revenue growth and driving cost reductions to accelerate the growth of its operating margins and free cash flow.
During the year ended December 31, 2017, the Company recognized $1.5 million of restructuring costs, which was recorded in “Restructuring” in the accompanying Consolidated Statements of Operations. The restructuring costs consisted primarily of payroll-related costs, such as severance, outplacement costs and continuing healthcare coverage, associated with employee terminations. The Company expects to incur an additional cost of approximately $3.0 million in connection with the restructuring plan in the first quarter of 2018.