15. Restructuring

On February 12, 2013, the Company undertook restructuring actions affecting approximately 43 employees to be terminated between February 2013 and December 2013, as part of an overall plan to reshape the Company for the future. In connection with this restructuring, the Company recorded restructuring charges of approximately $2.5 million related to termination benefits for these personnel during the year ended December 31, 2013.

The following table sets forth a summary of restructuring activities related to the Company's February 2013 restructuring program (in thousands):



	December 31, 2012	Costs Incurred	Cash Payments	December 31, 2013
Termination benefits	—	2,522	2,522	—

On September 30, 2014, and again in the fourth quarter of 2014, in connection with the sale of the Grid business, the Company undertook further restructuring actions affecting approximately 44 employees to be terminated between September 2014 and March 31, 2015, 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 year ended December 31, 2014.

The following table sets forth a summary of restructuring activities related to the Company’s 2014 restructuring program in 2015 (in thousands):



	December 31, 2014	Costs Incurred	Cash Payments	December 31, 2015
Termination benefits	701	—	701	—

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



	December 31, 2013	Costs Incurred	Cash Payments	December 31, 2014
Termination benefits	—	1,841	1,140	701

Accrued restructuring charges as of December 31, 2014 comprise the remaining liability balance from the 2014 restructurings and are reflected in accrued liabilities on the Company’s Consolidated Balance Sheet as of December 31, 2014.