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Restructuring
6 Months Ended
Jun. 30, 2019
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
In the third and fourth quarters of 2018 and the first quarter of 2019, the Company incurred restructuring charges of $5.8 million, $2.1 million, and $1.6 million, respectively. The charges were in connection with a previously announced reduction to the Company’s workforce of approximately 7% of total staffing, which included executive transition changes as well as other employee benefit and technology related initiatives. The restructuring is intended to improve the Company’s operating efficiency and enhance earnings.
The following table presents a summary of the restructuring activity for the three and six months ended June 30, 2019 and 2018:
 
Severance Charges
 
Other Associated Costs
 
Total
 
(In thousands)
Accrued charges at December 31, 2018
$
3,896

 
$
790

 
$
4,686

Cost incurred
1,646

 

 
1,646

Costs paid
(1,986
)
 

 
(1,986
)
Accrued charges at March 31, 2019

3,556

 
790

 
4,346

Costs paid
(1,364
)
 

 
(1,364
)
Accrued charges at June 30, 2019
$
2,192

 
$
790

 
$
2,982

 
 
 
 
 
 
Accrued charges at December 31, 2017
$
337

 
$

 
$
337

Costs paid
(254
)
 

 
(254
)
Accrued charges at March 31, 2018
83

 

 
83

Costs paid
(83
)
 

 
(83
)
Accrued charges at June 30, 2018
$

 
$

 
$