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Severance and Other Charges
 12 Months Ended
Dec. 31, 2015
Restructuring and Related Activities [Abstract]  
Severance and Other Charges
Severance and Other Charges

During 2015, we executed a workforce reduction plan as part of our cost savings initiatives due to depressed oil and gas prices. The reduction was communicated to affected employees on various dates. The plan resulted in a reduction of approximately 800 employees.

On January 5, 2016, we announced the transition of our Chairman of the board of supervisory directors (who also held the role of Executive Chairman of the company) to a non-executive director of the supervisory board effective as of December 31, 2015.

We recorded expenses of approximately $35.5 million for the year ended December 31, 2015, which included cash severance payments, accelerated vesting of RSU grants for certain individuals and other employee-related termination costs as well as base rationalization and lease termination fees. These costs are reflected in our consolidated statements of income under severance and other charges. As of December 31, 2015, we had a $22.2 million liability.

Below is a reconciliation of the beginning and ending liability balance (in thousands):

 
International Services
 
U.S. Services
 
Tubular Sales
 
Total
Beginning balance, December 31, 2014
$
—

 
$
—

 
$
—

 
$
—

Additions for costs expensed
1,500

 
32,838

 
1,146

 
35,484

Other adjustments
—

 
(87
)
 
47

 
(40
)
Severance and other payments
(1,422
)
 
(8,302
)
 
(1,193
)
 
(10,917
)
Reclass to equity for acceleration of RSU awards
—

 
(2,283
)
 
—

 
(2,283
)
Ending balance, December 31, 2015
$
78

 
$
22,166

 
$
—

 
$
22,244



We expect to pay a significant portion of the remaining liability no later than the third quarter of 2016.