RESTRUCTURING, INTEGRATION, AND OTHER EXPENSES, NET

3 Months Ended

Mar. 31, 2016

Restructuring and Related Activities [Abstract]

Restructuring, Integration, and Other Expenses, Net

RESTRUCTURING, INTEGRATION, AND OTHER EXPENSES, NET

Restructuring, integration and other expenses, net include non-operating costs associated with restructuring and integration initiatives such as employee severance costs, certain legal and professional fees, training costs, redundant wage costs, impacts recorded from the change in contingent consideration obligations, and other costs related to contract terminations and closed branches/offices.

Restructuring, integration, and other expenses, net in the Unaudited Consolidated Statements of Operations for the three months ended March 31, 2016 and 2015 consisted of the following (in thousands):

	Three Months Ended   March 31,
	2016		2015
Restructuring expense	$	2,254	$	3,463
Integration expense	362		220
Change in fair value of contingent consideration	51		21
Total restructuring, integration, and other expense, net	$	2,667	$	3,704

On August 10, 2015, the Company announced a plan to implement a new operations financial improvement plan (the “Financial Improvement Plan”) as part of an initiative to accelerate long-term growth, reduce costs and increase operating efficiencies. In connection with the Financial Improvement Plan, the Company consolidated most corporate functions from our Eden Prairie, Minnesota corporate office and our Elmsford, New York executive office into our new executive and corporate office located in Denver, Colorado. The Financial Improvement Plan was substantially completed by the end of 2015.