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RESTRUCTURING AND EXIT ACTIVITIES
 12 Months Ended
Dec. 31, 2016
Restructuring Charges [Abstract]  
RESTRUCTURING AND EXIT ACTIVITIES

13.          RESTRUCTURING AND EXIT ACTIVITIES

In the fourth quarter of 2014, the Company developed restructuring plans to close our offices in Asia, which we completed in the first quarter of 2015.  Because of these actions, restructuring charges of approximately $119,000 were recorded in 2015 related to employee terminations.  In the first quarter of 2016, the Company implemented restructuring plans in Canada.  Because of these actions, restructuring charges of approximately $126,000 were recorded in 2016 related to employee terminations. 

The following table shows the restructuring activity for 2015 and 2016 (in thousands):

 

 

 

 

Facility Costs

 

 

 

 

Termination

 

and Contract

 

 

 

 

Benefits

 

Termination

 

Total

Balance at January 1, 2015

 

 $         190

 

 $           26

 

 $         216

Charges

 

            119

 

               -  

 

            119

Payments/settlements

 

           (309)

 

             (26)

 

           (335)

Balance at December 31, 2015

 

 $            -  

 

 $            -  

 

 $            -  

Charges

 

            126

 

               -  

 

            126

Settlements

 

           (126)

 

               -  

 

           (126)

Balance at December 31, 2016

 

 $            -  

 

 $            -  

 

 $            -  

 

 

 

 

 

 

 

 

 

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 SP.Z.O.O (ISS Poland) located in Poland; and Image Sensing Systems Germany, GmbH (ISS Germany) located in Germany.  We incurred $35,000 of legal entity closure costs during 2016 and expect to incur an additional $169,000 in future periods.