RESTRUCTURING

The Company has implemented multiple restructuring plans to reduce its cost structure, align resources with its product strategy and improve efficiency, which has resulted in workforce reductions and the consolidation of certain leased facilities.

For the three months ended March 31, 2018 and 2017, restructuring charges from continuing operations were comprised of the following (in thousands):



	Three Months Ended March 31,
	2018		2017
Employee severance and related costs	$	1,041	$	6,446
Consolidation of leased facilities	5,146		1,540
Total Restructuring charges	$	6,187	$	7,986

During the three months ended March 31, 2018, the Company incurred costs of $1.0 million related to its initiatives intended to accelerate the transformation to a cloud-based subscription business, increase strategic focus, and improve operational efficiency. In addition, the Company incurred costs of $5.1 million related to the consolidation of leased facilities. The charges related to employee severance were substantially completed as of the first quarter of 2018, however, the Company could continue to incur lease losses related to the consolidation of leased facilities during fiscal year 2018.

Restructuring accruals

The activity in the Company’s restructuring accruals for the three months ended March 31, 2018 is summarized as follows (in thousands):



	Total
Balance at January 1, 2018	$	55,283
Restructuring charges	6,187
Payments	(16,069		)
Balance at March 31, 2018	$	45,401

As of March 31, 2018, the $45.4 million in outstanding restructuring accruals primarily relate to future payments for leased facilities.