v3.7.0.1
Restructuring (Tables)
 6 Months Ended
Jun. 30, 2017
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The following table summarizes the balance of the accruals, which are recorded in accounts payable and accrued expenses in the condensed consolidated balance sheets, and the activity for the six months ended June 30, 2017:
(In Thousands)
Contractual Lease Obligations
 
Severance
Balance at January 1, 2017
$
10,583

 
$
2,079

Charges
12,259

 
1,591

Adjustments1
(941
)
 
—

Restructuring Charges
11,318

 
1,591

Payments
(4,700
)
 
(1,330
)
Balance at June 30, 2017
$
17,201

 
$
2,340

1 Adjustments relate to early buyouts of leases, changes in sublease assumptions and interest accretion.
The following table summarizes restructuring charges by segment for the three and six months ended June 30, 2017:
 
Three Months Ended June 30, 2017
 
Six Months Ended June 30, 2017
(In Thousands)
Aaron's Business
 
DAMI1
 
Total
 
Aaron's Business
 
DAMI1
 
Total
Contractual Lease Obligations
$
11,841

 
$
—

 
$
11,841

 
$
11,318

 
$
—

 
$
11,318

Fixed Asset Impairment/Other
460

 
—

 
460

 
864

 
—

 
864

Severance
996

 
148

 
1,144

 
1,352

 
238

 
1,590

Total Restructuring Expense
$
13,297

 
$
148

 
$
13,445

 
$
13,534

 
$
238

 
$
13,772

1 Restructuring charges for DAMI relate primarily to the segment's relocation efforts. Future DAMI restructuring charges are expected to be immaterial.