Quarterly report pursuant to Section 13 or 15(d)

Restructuring Reserves

v3.8.0.1
Restructuring Reserves
 9 Months Ended
Sep. 30, 2017
Restructuring and Related Activities [Abstract]  
Restructuring Reserves
Restructuring Reserves
Historically, the Company has completed multiple acquisitions of other companies and businesses. Following an acquisition the Company will, as it determines appropriate, initiate restructuring events to eliminate redundant costs to maintain a competitive cost structure. Restructuring expenses are related to permanent reductions in workforce and redundant facility closures.
The balance of the restructuring reserve is included in accrued liabilities on the accompanying condensed consolidated balance sheets. Employee termination benefits are included as a part of restructuring expenses.
Activity in the restructuring reserves for the nine months ended September 30, 2017 is as follows (in thousands):
 
Personnel Related
Facility Related
Total
Balance at December 31, 2016
$
343

$
152

$
495

Additions
431

—

431

Reversals
(141
)
—

(141
)
Payments
(584
)
(73
)
(657
)
Balance at September 30, 2017
$
49

$
79

$
128