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Termination Benefits and Other Cost Reduction Actions (Tables)
3 Months Ended
Mar. 31, 2016
Restructuring And Related Activities [Abstract]  
Summary of Company's Restructuring Costs

Expenses related to these actions that include real estate consolidations, elimination of redundant functions and employees, are summarized below (in thousands):

 

 

 

For the Three Months Ended March 31,

 

 

 

2016

 

 

2015

 

Employee severance and related costs

 

$

2,745

 

 

$

2,579

 

Facilities-related costs

 

 

1,385

 

 

 

176

 

Total

 

$

4,130

 

 

$

2,755

 

 

Summary of Company's Restructuring Reserve

The following table summarizes the Company’s restructuring reserve as of March 31, 2016 and December 31, 2015 (in thousands):

 

 

 

Balance at

 

 

 

 

 

 

 

 

 

 

Balance at

 

 

 

December 31,

 

 

 

 

 

 

 

 

 

 

March 31,

 

 

 

2015

 

 

Net Costs

 

 

Cash Payments

 

 

2016

 

Employee severance and related costs

 

$

4,245

 

 

$

2,745

 

 

$

(3,115

)

 

$

3,875

 

Facilities-related costs

 

 

3,942

 

 

 

1,385

 

 

 

(1,388

)

 

 

3,939

 

Total

 

$

8,187

 

 

$

4,130

 

 

$

(4,503

)

 

$

7,814