Restructuring

During the fourth quarter of 2017, management committed to an action to restructure certain parts of the Company, with the intent of shifting focus to more critical areas of the business and away from products that have not seen expected commercial success. The restructuring is also intended to facilitate cost efficiencies and savings. As part of the cost efficiency and savings plans, certain headcount and facility reductions were made in 2017 and the first three quarters of 2018. Certain capitalized internal-use software charges have also been realized for software not yet placed into service that will not be completed and implemented due to this action. The Company has incurred $62.0 million of restructuring charges as part of this action, of which $12.7 million was recognized during the nine months ended September 30, 2018, and $49.3 million was recognized during the three months ended December 31, 2017. The Company does not expect any additional restructuring charges related to this action to be significant.

The Company also recognized restructuring charges for redundant employees, facilities and contracts associated with acquisitions completed in 2017.

The following table summarizes the activity of the Company's restructuring accrual during the nine months ended September 30, 2018 (in thousands):



	Employee Severance and Related Benefits			Software Charges			Excess Facilities, Contract Terminations and Other			Total
Balance as of January 1, 2018	$	12,857		$	—		$	1,386		$	14,243
Costs incurred	5,910			2,818			5,714			14,442
Cash disbursements	(18,509		)	—			(4,885		)	(23,394		)
Software and other non-cash charges	—			(2,818		)	(1,787		)	(4,605		)
Translation adjustments and other	706			—			(205		)	501
Balance as of September 30, 2018	$	964		$	—		$	223		$	1,187