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Restructuring and Exit Activities
9 Months Ended
Sep. 30, 2018
Restructuring and Exit Activities [Abstract]  
Restructuring and Exit Activities

Note K: Restructuring and Exit Activities


In the third quarter of 2018, we initiated the closure of our Bucharest, Romania office location, a sales office for Image Sensing Systems EMEA Limited.  The Company will continue doing business in the European region utilizing the Barcelona, Spain sales office.  As of September 30, 2018, we estimate the closure costs related to severance, disposal of fixed assets, and legal fees to be approximately $125,000 to be incurred in the fourth quarter of 2018.  We incurred no costs for the Romania closure in the three-month period ended September 30, 2018.

 

In the third quarter of 2016, in order to streamline our operating and cost structure, we initiated the closure of our wholly-owned subsidiaries, Image Sensing Systems HK Limited (ISS HK) located in Hong Kong; Image Sensing Systems (Shenzhen) Limited (ISS WOFE) located in China; Image Sensing Systems Europe Limited (ISS Europe) located in the United Kingdom; Image Sensing Systems Europe Limited S.P.Z.O.O (ISS Poland) located in Poland; and Image Sensing Systems Germany, GmbH (ISS Germany) located in Germany. We incurred no costs for entity closures in the three-month periods ended September 30, 2018 and September 30, 2017.