Leadership Changes and Restructuring Activities (Tables)

6 Months Ended

Jun. 30, 2016

Leadership Changes and Restructuring Activities

Summary of Estimated Fair Value Liability Established for the Aforementioned Severance and Other Related Costs

The following table presents a rollforward of the estimated fair value liability established for the aforementioned severance and other related costs from January 1, 2016 to June 30, 2016 (in thousands):

Balance, January 1, 2016	$	2,021
Severance and other related expenses		1,043
Accretion		35
Cash payments		(1,302)
Non-cash adjustment (a)		(331)
Balance, June 30, 2016	$	1,466

(a) For the six months ended June 30, 2016, the non-cash adjustment represents the non-cash equity-based compensation expense recorded for the accelerated vesting of 12,109 restricted stock units on April 9, 2016 pursuant to the terms of the Separation and Transition Agreement.