15. Restructuring:

In May 2012, the Company undertook cost cutting measures by initiating a headcount reduction of 42 full-time employees worldwide, to be terminated between May 2012 and December 2013. In connection with this restructuring plan, in 2012, the Company recorded restructuring charges of approximately $1.2 million related to termination benefits for these personnel.

The following table sets forth a summary of restructuring activities related to the Company’s May 2012 restructuring program (in thousands):



	December 31, 2013		Costs Incurred		Cash Payments		September 30, 2014
Termination benefits	$	49	$	—	$	49	$	—

On February 12, 2013, the Company undertook further restructuring actions affecting approximately 43 employees to be terminated between February 2013 and December 31, 2013, as part of an overall plan to reshape the Company for the future. In connection with this restructuring, the Company recorded and paid restructuring charges of approximately $2.3 million related to termination benefits for these personnel during 2013.

On September 30, 2014, in connection with the sale of the Grid business, the Company undertook further restructuring actions affecting approximately 42 employees to be terminated between September 2014 and December 31, 2014, as part of the strategic plan to focus on the Company's IIoT business. In connection with this restructuring, the Company recorded restructuring charges as noted in the table below, of which $1.4 million was included in the net loss from discontinued operations for the three and nine months ended September 30, 2014.

The following table sets forth a summary of restructuring activities related to the Company’s September 2014 restructuring program (in thousands):



	December 31, 2013		Costs Incurred		Cash Payments		September 30, 2014
Termination benefits	$	—	$	1,678	$	90	$	1,588