RESTRUCTURING AND OTHER EXPENSE

3 Months Ended

Mar. 31, 2020

Restructuring and Related Activities [Abstract]

Restructuring

Beginning in the first quarter of 2016, the Company commenced restructuring initiatives that were intended to simplify the Company's organizational structure ("2016 Restructuring Plan").


The following table summarizes the activity for the 2016 Restructuring Plan:
	Severance and Other Employee Related Costs		Facility Realignment and Other Costs		Total
Accrual balance at December 31, 2019	$	1,676	2,332		$	4,008
Restructuring charges	—		1,979		1,979
Payments and other	(1,438)		(914)		(2,352)
Accrual balance at March 31, 2020	$	238	$	3,397	$	3,635

Cumulative costs to date relating to 2016 Restructuring Plan amounted to $436,293.

In May 2019, the Company commenced another restructuring initiative to further simplify the Company's organization structure ("2019 Restructuring Plan").


The following table summarizes the activity for the 2019 Restructuring Plan:
	Severance and Other Employee Related Costs
Accrual balance at December 31, 2019	$	37,946
Restructuring charges	3,121
Payments and other	(8,808)
Accrual balance at March 31, 2020	$	32,259

Cumulative costs to date relating to the 2019 Restructuring Plan amounted to $45,836.

In addition, for the three months ended March 31, 2020, the Company recorded restructuring charges of $1,705 related primarily to the impairment of right-of-use operating lease assets, included in the Company's restructuring initiatives, as their carrying amount was not recoverable and exceeded their fair value.

Transaction Costs

For the three months ended March 31, 2020, the Company incurred transaction costs of $489 primarily related to certain transactions not related to the Company's operations. The Company recorded a net credit of $396 during the three months ended March 31, 2019 resulting from an adjustment to the contingent liability initially recorded for a business acquired in fourth quarter of 2017.