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Restructuring Charges
3 Months Ended
Mar. 31, 2018
Restructuring Charges  
Restructuring Charges

5. Restructuring Charges

 

We initiated a reduction in our workforce and exited an office facility in 2017 to further align our cost structure with expected revenue growth and recorded all amounts associated with the restructuring plan as an expense in 2017.

 

The following table summarizes the activity in accrued restructuring expense, included in accrued expenses, in the three months ended March 31, 2018 (in thousands):

 

 

 

 

 

 

Severance

 

    

and Related Costs

Balance, December 31, 2017

 

$

497

Provision for restructuring charges

 

 

 —

Cash payments

 

 

(207)

Balance, March 31, 2018

 

$

290

 

The remaining restructuring balance of $290,000 at March 31, 2018 is for severance and office facility rent that we expect to pay by December 31, 2018.