8. Restructuring Charges, Net

During fiscal 2016, the Company implemented a restructuring plan in order to rationalize its cost structure by eliminating redundant positions and consolidating office space due to the acquisition of Legacy Hay on December 1, 2015. The Company continued the implementation of the fiscal 2016 restructuring plan in fiscal 2018 in order to integrate the Hay Group entities that were acquired in fiscal 2016 by consolidating premises. This resulted in restructuring charges of $0.3 million in the three months ended July 31, 2017, all of which relates to consolidation of premises.

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


	Severance			Facilities			Total
	(in thousands)
Liability as of April 30, 2017	$	5,341		$	8,354		$	13,695
Restructuring charges, net		—			280			280
Reductions for cash payments		(2,602	)		(1,464	)		(4,066	)
Exchange rate fluctuations		165			244			409

Liability as of July 31, 2017	$	2,904		$	7,414		$	10,318

As of July 31, 2017 and April 30, 2017, the restructuring liability is included in the current portion of other accrued liabilities on the consolidated balance sheets, except for $4.0 million and $4.6 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:
	July 31, 2017
	Severance			Facilities			Total
	(in thousands)
Executive Search
North America	$	40		$	242		$	282
Europe, Middle East and Africa (“EMEA”)		204			—			204
Asia Pacific		—			3			3
Latin America		—			49			49

Total Executive Search		244			294			538
Hay Group		2,660			6,991			9,651
Futurestep		—			129			129

Liability as of July 31, 2017	$	2,904		$	7,414		$	10,318


	April 30, 2017
	Severance			Facilities			Total
	(in thousands)
Executive Search
North America	$	134		$	250		$	384
Europe, Middle East and Africa		393			—			393
Asia Pacific		—			6			6
Latin America		—			87			87

Total Executive Search		527			343			870
Hay Group		4,814			7,879			12,693
Futurestep		—			132			132

Liability as of April 30, 2017	$	5,341		$	8,354		$	13,695