Note 7 - Restructuring and Other Merger Related Cost

6 Months Ended

Jun. 30, 2019

Notes to Financial Statements

Restructuring and Related Activities Disclosure [Text Block]

7.

RESTRUCTURING AND OTHER MERGER RELATED COST

The table below summarizes the balance of accrued restructuring and other merger related cost, which is included in other accrued liabilities in our consolidated balance sheets, and the changes during the

six

 months ended

June 

30,

2019:

 

	Employee related			Facilities related			Total
Balance as of December 31, 2018	$	760		$	2,267		$	3,027
Accruals/(reversals)		1,742			97			1,839
Payments		(1,685	)		(1,406	)		(3,091	)
Balance as of June 30, 2019	$	817		$	958		$	1,775

Employee related

In

2018,

in conjunction with the closing of the Aegis Transactions, we eliminated a number of positions which were considered redundant, under a company-wide restructuring plan. We recognized provision for employee related costs across a number of geographies and we expect to pay the remaining costs of

$673

by the end of

third

quarter

2019.

In

March 2019,

the Company has closed

one

of its sites in Argentina. Upon closure, the Company eliminated a number of positions which were considered redundant and recognized provision for employee related costs and we expect to pay the remaining costs of

$144

 by the end of

fourth

quarter

2019.

Facilities related

In

2018,

in conjunction with the closing of the Aegis Transactions, we terminated various leases in the United States and the Philippines. We recognized provision for the remaining costs associated with the leases. We expect to pay the remaining costs of

$849

 by the end of the

first

quarter of

2021.

Upon closure of site in Argentina, the Company recognized provision for facility related costs and we expect to pay the remaining costs of

$109

 by the end of the

fourth

quarter of

2019.