8.	Restructuring Charges, Net

The Company continued the implementation of the fiscal 2016 restructuring plan in fiscal 2017 in order to integrate the Hay Group entities that were acquired in fiscal 2016 by eliminating redundant positions and operational, general and administrative expenses and consolidating premises. This resulted in restructuring charges of $28.3 million in the nine months ended January 31, 2017, of which $11.5 million relates to severance and $16.8 million relates to consolidation of premises. In the three months ended January 31, 2017, the Company recorded restructuring charges of $3.8 million which relates to the consolidation of office space. Restructuring charges, net was $30.6 million in the three and nine months ended January 31, 2016, of which $29.9 million relates to severance and $0.7 million, relates to consolidation and abandonment of premises.

Changes in the restructuring liability during the three months ended January 31, 2017 are as follows:


	Severance			Facilities			Total
	(in thousands)
Liability as of October 31, 2016	$	5,005		$	6,926		$	11,931
Restructuring charges, net		—			3,801			3,801
Reductions for cash payments		(1,900	)		(2,338	)		(4,238	)
Increase for non-cash charges		—			584			584
Exchange rate fluctuations		(71	)		554			483

Liability as of January 31, 2017	$	3,034		$	9,527		$	12,561

Changes in the restructuring liability during the nine months ended January 31, 2017 are as follows:


	Severance			Facilities			Total
	(in thousands)
Liability as of April 30, 2016	$	5,293		$	669		$	5,962
Restructuring charges, net		11,472			16,849			28,321
Reductions for cash payments		(12,905	)		(6,308	)		(19,213	)
Reductions for non-cash charges		—			(1,896	)		(1,896	)
Exchange rate fluctuations		(826	)		213			(613	)

Liability as of January 31, 2017	$	3,034		$	9,527		$	12,561

As of January 31, 2017 and April 30, 2016, the restructuring liability is included in the current portion of other accrued liabilities on the consolidated balance sheets, except for $5.0 million and $0.6 million, respectively, of facilities costs which primarily relate to commitments under operating leases, net of sublease income, which are included in other long-term liabilities.

The restructuring liability by segment is summarized below:


	January 31, 2017
	Severance		Facilities		Total
	(in thousands)
Executive Search
North America	$	143	$	216	$	359
Europe, Middle East and Africa (“EMEA”)		—		12		12
Asia Pacific		5		1,042		1,047
Latin America		—		145		145

Total Executive Search		148		1,415		1,563
Hay Group		2,886		7,971		10,857
Futurestep		—		141		141

Liability as of January 31, 2017	$	3,034	$	9,527	$	12,561


	April 30, 2016
	Severance		Facilities		Total
	(in thousands)
Executive Search
North America	$	—	$	5	$	5
EMEA		1,533		23		1,556
Asia Pacific		33		—		33

Total Executive Search		1,566		28		1,594
Hay Group		3,727		396		4,123
Futurestep		—		245		245

Liability as of April 30, 2016	$	5,293	$	669	$	5,962