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Restructuring and Exit Activities
9 Months Ended
Sep. 30, 2019
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, which was a sales office for Image Sensing Systems EMEA Limited, a United Kingdom subsidiary. The Company will continue doing business in the European region utilizing its Barcelona, Spain sales office. We incurred $2,000 of costs for the closure of our office in Romania in the nine-month period ended September 30, 2019.  No costs related to the closure of the Romania location were incurred in the nine-month period ended September 30, 2018

 

The following table shows the restructuring activity for the first nine months of 2019 (in thousands):

 


Termination Benefits

Facility Costs and Contract Termination

Total

Balance at December 31, 2018 $ 18
$ 4
$ 22
Charges
2



2
Settlements
(20 )
(4 )
(24 )
Balance at September 30, 2019 $
$
$

 

In the third quarter of 2016, in order to streamline our operating and cost structure, we initiated the closure of our following wholly-owned subsidiaries: Image Sensing Systems HK Limited (ISS HK) located in Hong Kong; Image Sensing Systems (Shenzhen) Limited (ISS WOFE) located in China; and Image Sensing Systems Germany, GmbH (ISS Germany) located in Germany. We incurred no costs for these entity closures in the nine-month periods ended September 30, 2019 and September 30, 2018.