RESTRUCTURING COSTS

6 Months Ended

Jun. 30, 2015

Restructuring and Related Activities [Abstract]

RESTRUCTURING COSTS

RESTRUCTURING COSTS

Below is a reconciliation of the beginning and ending liability balances related to our restructuring efforts for the six months ended June 30, 2015. The expenses associated with these activities are reflected in “Restructuring costs” in our condensed consolidated statements of operations. Cash payments for restructuring costs from continuing operations were $3.6 million and $1.7 million during the six months ended June 30, 2015 and 2014, respectively. The components included in the reconciliation of the liability balances are as follows (in thousands):

	Balance at		Provisions		Cash Payments			Non-cash (1)			Balance at
	December 31, 2014										June 30, 2015
Accrued restructuring costs:
Severance and exit costs	$	842	$	3,767	$	(3,163	)	$	(143	)	$	1,303
Contractual obligations	116		379		(420		)	6			81
Total restructuring costs	$	958	$	4,146	$	(3,583	)	$	(137	)	$	1,384

(1)Non-cash includes the impact of currency fluctuations.

Realignment of Workforce – 2015

For the 2015 alignment, we recorded restructuring expenses of $4.3 million during the six months ended June 30, 2015. Of these expenses, $3.9 million relate to severance costs. We eliminated approximately 85 positions in an effort to realign our international operations and ensure that our organizational structure is optimally aligned to take full advantage of our market opportunities. We also recorded $0.4 million in contract termination costs associated with this realignment. On a segment basis, these restructuring costs totaled $1.5 million in North America, $1.0 million in Europe and $1.8 million in Asia Pacific. Our reserve for the 2015 realignment was $1.1 million at June 30, 2015, which we anticipate will be paid within one year.

Realignment of Workforce – 2014

During 2014, we eliminated approximately 15 positions in an effort to consolidate and streamline various functions of our workforce. To date, we have recorded $0.5 million of severance costs, including a $(0.1) million adjustment recorded in 2015, and $0.1 million in contract termination costs associated with this realignment. On a segment basis, these restructuring costs totaled $0.1 million in North America and $0.5 million in Europe. There is no remaining reserve for the 2014 realignment at June 30, 2015.

Realignment of Workforce – 2013

During 2013, we eliminated approximately 60 positions in an effort to consolidate and streamline various functions of our workforce. To date, we have recorded $3.3 million of severance costs and $0.2 million in contract termination costs associated with this realignment. On a segment basis, these restructuring costs totaled $1.3 million in North America, $2.0 million in Europe and $0.2 million in Asia Pacific. Our reserve for the 2013 realignment was $0.2 million at June 30, 2015, which we anticipate will be paid within one year.