8. Restructuring (Recoveries) 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.

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


	Severance			Facilities			Total
	(in thousands)
Liability as of July 31, 2017	$	2,904		$	7,414		$	10,318
Restructuring (recoveries) charges, net		—			(202	)		(202	)
Reductions for cash payments		(1,345	)		(2,801	)		(4,146	)
Exchange rate fluctuations		(18	)		305			287

Liability as of October 31, 2017	$	1,541		$	4,716		$	6,257

Changes in the restructuring liability during the six months ended October 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		—			78			78
Reductions for cash payments		(3,947	)		(4,265	)		(8,212	)
Exchange rate fluctuations		147			549			696

Liability as of October 31, 2017	$	1,541		$	4,716		$	6,257

As of October 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 $2.4 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:


	October 31, 2017
	Severance		Facilities		Total
	(in thousands)
Executive Search
North America	$	—	$	260	$	260
Asia Pacific		—		7		7
Latin America		—		23		23

Total Executive Search		—		290		290
Hay Group		1,541		4,315		5,856
Futurestep		—		111		111

Liability as of October 31, 2017	$	1,541	$	4,716	$	6,257


	April 30, 2017
	Severance		Facilities		Total
	(in thousands)
Executive Search
North America	$	134	$	250	$	384
Europe, Middle East and Africa (“EMEA”)		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