Restructuring and Other Related Charges

9 Months Ended

Sep. 30, 2019

Restructuring and Related Activities [Abstract]

Restructuring and other related charges of $10.2 million and $30.0 million for the three and nine months ended September 30, 2019, respectively, related to the management and direct to consumer organizational changes described below as well as severance and other personnel related costs incurred at AMCNI associated with the termination of distribution in certain territories. In connection with each of the restructuring initiatives, a number of roles were eliminated to address redundancy at the management level and improve the effectiveness of management while reducing the cost structure of the Company.

In September 2019, management commenced a restructuring initiative of the Company's management team. As a result, the Company incurred restructuring charges of $10.2 million for the three months ended September 30, 2019. We expect additional restructuring charges in the fourth quarter of 2019.

In May 2019, management commenced a restructuring initiative of the Company's owned subscription streaming services. The restructuring combined the Company's owned subscription streaming services under one management team. Restructuring charges incurred of $1.3 million for the nine months ended September 30, 2019 related to severance and other personnel related costs.

In connection with the management changes in the direct to consumer business, the Company implemented changes to its strategy for one of its owned subscription streaming services, including programming that will no longer be made available. Other related charges incurred of $13.0 million for the nine months ended September 30, 2019 related to a write-off of programming in connection with the direct to consumer reorganization and change in strategy.

Restructuring charges incurred of $5.5 million for the nine months ended September 30, 2019 related to severance and other personnel related costs associated with previously announced restructuring initiatives.

The following table summarizes the restructuring and other related charges recognized by operating segment:


(In thousands)	Three Months Ended September 30,			Nine Months Ended September 30,
			2019			2019
National Networks	$	6,199		$	6,776
International & Other	3,992			23,915
Inter-segment eliminations	—			(696)
Total restructuring and other related charges	$	10,191		$	29,995

The following table summarizes the restructuring and other charges recognized for the three and nine months ended September 30, 2019:


(In thousands)	Three Months Ended September 30,		Nine Months Ended September 30,
			2019		2019
Restructuring charges	$	10,191	$	16,978
Other related charges	—		13,017
Total restructuring and other related charges	$	10,191	$	29,995

The following table summarizes the accrued restructuring costs:


(In thousands)	Severance and employee-related costs		Other related costs		Total
Balance, December 31, 2018	$	33,774	$	1,415	$	35,189
Charges	15,215		1,763		16,978
Cash payments	(23,577)		(414)		(23,991)
Non-cash adjustments	(598)		(2,568)		(3,166)
Currency translation	10		16		26
Balance, September 30, 2019	$	24,824	$	212	$	25,036

Accrued restructuring costs of $19.6 million are included in accrued liabilities and $5.4 million are included in other liabilities (long-term) in the consolidated balance sheet at September 30, 2019.