Restructuring Charges

Restructuring costs include one-time employee termination benefits, acceleration of share-based compensation, and other related costs including third-party professional and outplacement services. The restructuring charges included in our consolidated statement of operations for the years ended June 30, 2018, 2017 and 2016 were $15,236, $26,700 and $381, respectively.

During the year ended June 30, 2018, we recognized restructuring charges of $15,236, which included $12,112 related to our Vistaprint reorganization for reductions in headcount and other operating costs. These changes simplified operations and more closely aligned functions to increase the speed of execution. We also recognized $2,249 of restructuring charges within the central and corporate group, as well as $819 of expense for an initiative within our All Other Businesses reportable segment. During the year ended June 30, 2018, we recognized changes in estimates of $56 from our January 2017 restructuring initiative. We do not expect any material charges to be incurred in future periods related to each of these initiatives.

During the year ended June 30, 2017, the Supervisory Board of Cimpress N.V. approved a plan to restructure the company and implement organizational changes that decentralized the company’s operations in order to improve accountability for customer satisfaction and capital returns, simplify decision-making, and improve the speed of execution. This restructuring event resulted in additional costs, within our corporate and global functions cost center of $25,584 for the year ended June 30, 2017. In addition, for the year ended June 30, 2017 we recognized $1,116 of restructuring costs within our National Pen business related to a separate initiative. These restructuring initiatives were completed during fiscal 2017.

The following table summarizes the restructuring activity during the years ended June 30, 2018 and 2017:



	Severance and Related Benefits			Other Restructuring Costs			Total
Accrued restructuring liability as of June 30, 2016	$	—		$	—		$	—
Restructuring charges	24,020			2,680			26,700
Cash payments	(13,161		)	(1,861		)	(15,022		)
Non-cash charges (1)	(6,257		)	(611		)	(6,868		)
Accrued restructuring liability as of June 30, 2017 (1)	4,602			208			4,810
Restructuring charges	15,236			—			15,236
Cash payments	(17,136		)	(206		)	(17,342		)
Non-cash charges (1)	(1,317		)	—			(1,317		)
Accrued restructuring liability as of June 30, 2018	$	1,385		$	2		$	1,387

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(1) Non-cash charges include acceleration of share-based compensation expenses.