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Restructuring Charges | 12 Months Ended
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Dec. 31, 2014
Restructuring And Related Activities [Abstract] |
Restructuring Charges |
3. | Restructuring Charges
In connection with the Merger, the Company initiated a restructuring plan to reduce duplicate corporate and divisional overhead costs and expenses. In addition, WRECO previously recognized restructuring expenses related to general cost reduction initiatives. Restructuring costs were comprised of the following (in thousands):
|  | Year Ended December 31, |
|  | 2014 |  |  | 2013 |  |  | 2012 |
Employee-related costs |  | $ | 9,211 |  |  | $ | 5,736 |  |  | $ | 573 |
Lease termination costs |  |  | 1,332 |  |  |  | 5,202 |  |  |  | 1,887 |
Total |  | $ | 10,543 |  |  | $ | 10,938 |  |  | $ | 2,460 |
Employee-related costs incurred during the year ended December 31, 2014 included employee retention and severance-related expenses of $8.3 million and stock-based compensation expense of $947,000 for employees terminated during the period. Employee retention and severance-related expenses were $5.7 million and $573,000 for the years ended December 31, 2013 and 2012, respectively. Lease termination costs of $1.3 million, $5.2 million and $1.9 million during the years ended December 31, 2014, 2013 and 2012, respectively, relate to contract terminations as a result of general cost reduction initiatives. Changes in employee-related restructuring reserves were as follows (in thousands):
|  | Year Ended December 31, |
|  | 2014 |  |  | 2013 |  |  | 2012 |
Accrued employee-related costs, beginning of period |  | $ | 4,336 |  |  | $ | 28 |  |  | $ | 104 |
Current year charges |  |  | 8,264 |  |  |  | 5,736 |  |  |  | 573 |
Payments |  |  | (8,756 | ) |  |  | (1,428 | ) |  |  | (649 | )
Accrued employee-related costs, end of period |  | $ | 3,844 |  |  | $ | 4,336 |  |  | $ | 28 |
Changes in lease termination related restructuring reserves were as follows (in thousands):
|  | Year Ended December 31, |
|  | 2014 |  |  | 2013 |  |  | 2012 |
Accrued lease termination costs, beginning of period |  | $ | 3,506 |  |  | $ | 2,335 |  |  | $ | 3,674 |
Current year charges |  |  | 1,332 |  |  |  | 5,202 |  |  |  | 1,887 |
Payments |  |  | (3,444 | ) |  |  | (4,031 | ) |  |  | (3,226 | )
Accrued lease termination costs, end of period |  | $ | 1,394 |  |  | $ | 3,506 |  |  | $ | 2,335 |
Employee and lease termination restructuring reserves are included in accrued expenses and other liabilities on our consolidated balance sheets.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section P -Subsection 3, 4 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 + Details
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