Restructuring

During the fourth quarter of 2016, the Company undertook restructuring actions affecting approximately 7 employees to be terminated between October 2016 and September 2017, 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 $286,000 related to termination benefits for these personnel during the year ended December 31, 2016.

The following table sets forth a summary of restructuring activities related to the Company's 2016 restructuring program (in thousands):



	December 31, 2015		Costs Incurred		Cash Payments			December 31, 2016
Termination benefits	$	—	$	286	$	(13	)	$	273

On September 30, 2014, and again in the fourth quarter of 2014, in connection with the sale of the Grid business, the Company undertook 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, 2016 comprise the remaining liability balance from the 2016 restructuring and are reflected in accrued liabilities on the Company’s consolidated balance sheet as of December 31, 2016.