7. 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. This resulted in restructuring charges, net of $33.0 million in fiscal 2016, of which $32.1 million related to severance and $0.9 million, related to consolidation/abandonment of premises.

The Company continued the implementation of the fiscal 2016 restructuring plan in fiscal 2017 and 2018 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 $0.1 million in fiscal 2018 related to consolidation of premises and restructuring charges of $34.6 million in fiscal 2017, of which $16.0 million related to severance and $18.6 million related to consolidation of premises.

Changes in the restructuring liability were as follows:


	Severance			Facilities			Total
	(in thousands)
Liability as of April 30, 2016	$	5,293		$	669		$	5,962
Restructuring charges, net		15,963			18,637			34,600
Reductions for cash payments		(14,974	)		(8,703	)		(23,677	)
Non-cash items		—			(2,024	)		(2,024	)
Exchange rate fluctuations		(941	)		(225	)		(1,166	)

Liability as of April 30, 2017		5,341			8,354			13,695
Restructuring charges, net		—			78			78
Reductions for cash payments		(4,541	)		(6,050	)		(10,591	)
Exchange rate fluctuations		251			563			814

Liability as of April 30, 2018	$	1,051		$	2,945		$	3,996

As of April 30, 2018 and 2017, the restructuring liability is included in the current portion of other accrued liabilities on the consolidated balance sheets, except for $1.0 million and $4.6 million, respectively, of facilities costs which primarily relate to commitments under operating leases, net of estimated sublease income, which are included in other long-term liabilities.

The restructuring liability by segment is summarized below:


	April 30, 2018
	Severance		Facilities		Total
	(in thousands)
Executive Search
North America	$	—	$	254	$	254
Asia Pacific		—		6		6

Total Executive Search		—		260		260
Hay Group		1,051		2,602		3,653
Futurestep		—		83		83

Liability as of April 30, 2018	$	1,051	$	2,945	$	3,996


	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