RESTRUCTURING

9 Months Ended

Sep. 30, 2019

Restructuring and Related Activities [Abstract]

RESTRUCTURING

RESTRUCTURING

Restructuring expense consist of the following:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019			2018
	(In thousands)
Redundancy and employee severance and benefit arrangements	$	469	$	613	$	1,568		$	613
Asset impairments	—		1,636		—			1,636
Lease loss reserves	—		339		(100		)	339
Total restructuring charges	$	469	$	2,588	$	1,468		$	2,588

2018 Plan

In the third quarter of 2018, the Company began implementing restructuring actions (the “2018 Plan”) to lower its operating expenses. The restructuring actions include reorganization of the Company’s global workforce, elimination of certain non-core projects and consolidation of facilities. The Company expects to complete this restructuring in 2019.

The following table provides information regarding changes in the Company’s 2018 Plan accrued restructuring balance for the periods indicated.

	Redundancy and Employee Severance and Benefits			Lease Loss Reserves and Contractual Obligations			Total
	(In thousands)
Balance as of December 31, 2018	$	904		$	288		$	1,192
Charges	1,568			—			1,568
Cash payments	(1,620		)	—			(1,620		)
Non-cash settlement and other	(852		)	(288		)	(1,140		)
Balance as of September 30, 2019	$	—		$	—		$	—

2016 Plan

In the third quarter of 2016, the Company began implementing restructuring actions (the “2016 Plan”) to lower its operating expenses. The restructuring actions have included reductions in the Company’s global workforce, the elimination of certain non-core projects, consolidation of office space at the Company’s corporate headquarters and the engagement of management consultants to assist the Company in making organizational and structural changes to improve operational efficiencies and reduce expenses. The Company completed its restructuring activities under the 2016 Plan in 2017.

The following table provides information regarding changes in the Company’s 2016 Plan accrued restructuring balance for the periods indicated.

	Lease Loss Reserves and Contractual Obligations
	(In thousands)
Balance as of December 31, 2018	$	1,591
Other (1)	(1,591		)
Balance as of September 30, 2019	$	—

(1)

Adoption of ASU 2016-02.