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Restructuring Charge
 12 Months Ended
Dec. 31, 2019
Restructuring And Related Activities [Abstract]  
Restructuring Charge

9. Restructuring Charge

In May 2017, we eliminated about 100 positions due to retail sector headwinds and to align our services capacity with demand. We recorded a restructuring charge of approximately $2.9 million pretax ($1.8 million after-tax or $0.03 per fully diluted share) in 2017. The charge primarily consisted of employee severance, employee transition costs and outplacement services. The charge is classified in “Restructuring charge” in our Consolidated Statements of Income.

The following table summarizes the segment activity in the restructuring accrual for 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

 

EMEA

 

 

APAC

 

 

Consolidated

 

 

 

(in thousands)

 

Restructuring charge

 

$

2,813

 

 

$

108

 

 

$

-

 

 

$

2,921

 

Cash payments

 

 

(2,813

)

 

 

(108

)

 

 

-

 

 

 

(2,921

)

Restructuring accrual balance at December 31, 2017

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-