Restructuring Charges

12 Months Ended

Dec. 31, 2017

Note 10 — Restructuring Charges

During 2016, the Company undertook restructuring activities as part of its initiative to streamline operations, enhance efficiencies, and reduce costs, as well as reducing future investments in certain technology development, which together impacted approximately 75 employees. These activities were substantially completed in 2017. In addition, during 2017, the Company began the acquisition integration process to enhance efficiencies, resulting in additional employee terminations and other facility closing costs.

During 2015, charges of $4.7 million were recognized related to the closing of facilities in Ft. Collins, Colorado, Camarillo, California, and Hyeongok-ri, South Korea, as well as other cost reduction initiatives, which together impacted approximately 50 employees.

The following table shows the amounts incurred and paid for restructuring activities during the years ended December 31, 2017, 2016, and 2015 and the remaining accrued balance of restructuring costs at December 31, 2017, which is included in “Accrued expenses and other current liabilities” in the Consolidated Balance Sheets:

	Personnel
	Severance and			Facility
	Related Costs			Closing Costs			Total
	(in thousands)
Balance at December 31, 2014	$	1,428		$	—		$	1,428
Provision	3,513			1,166			4,679
Payments	(4,117		)	(1,166		)	(5,283		)

Balance at December 31, 2015	824			—			824
Provision	4,544			1,098			5,642
Changes in estimate	(2		)	—			(2		)
Payments	(3,570		)	(1,098		)	(4,668		)

Balance at December 31, 2016	1,796			—			1,796
Provision	4,714			5,257			9,971
Payments	(4,990		)	(5,257		)	(10,247		)

Balance - December 31, 2017	$	1,520		$	—		$	1,520

Included within restructuring expense in the Consolidated Statements of Operations for the year ended December 31, 2017 is approximately $1.9 million of non-cash charges related to accelerated share-based compensation for employee terminations.