RESTRUCTURING

2016 Restructuring Plan

In September 2016, the Company began the implementation of a reduction in workforce ("2016 Plan") which is expected to result in elimination of approximately 430 positions worldwide across various functions. The restructuring charges related to the 2016 Plan during the first quarter of fiscal 2017 were $2.6 million and consisted of personnel costs of $1.5 million and other charges related to the write-off of certain licenses of $1.1 million. The Company expects that the cash costs incurred under the 2016 Plan will be paid out through fiscal 2017.

Spansion Integration-Related Restructuring Plan

In March 2015, the Company began the implementation of planned cost reduction and restructuring activities in connection with the Merger. The restructuring charge of $0.3 million recorded during the first quarter of fiscal 2016 consists primarily of severance costs and impairment of property, plant and equipment.

Summary of restructuring costs

The following table summarizes the restructuring charges recorded in the Consolidated Statements of Operations:



	Three Months Ended
	April 2, 2017		April 3, 2016
	(In thousands)
Personnel costs	$	1,503	$	246
Lease termination costs	—		24
Other	1,069		—
Total restructuring costs	$	2,572	$	270

All restructuring costs are included in the operating expenses under "Restructuring costs" in the Condensed Consolidated Statements of Operations.

Roll-forward of the restructuring reserves

Restructuring activity under the Company's restructuring plans were as follows:



	Three Months Ended
	April 2, 2017
	(In thousands)
	Spansion Integration plan			2016 Plan			Total
Accrued restructuring balance as of January 1, 2017	$	14,219		$	21,104		$	35,323
Provision	—			2,572			2,572
Cash payments and other adjustments	(763		)	(18,545		)	(19,308		)
Accrued restructuring balance as of April 2, 2017	$	13,456		$	5,131		$	18,587
Current portion of the restructuring accrual	$	2,865		$	5,131		$	7,996
Non-current portion of the restructuring accrual	$	10,591		$	—		$	10,591

The Company anticipates that the remaining restructuring accrual balance of $5.1 million will be paid out in cash through the end of fiscal 2017 for employee terminations and over the remaining lease term through 2026 for the excess lease obligation of $13.5 million related to the buildings Spansion had leased prior to the Merger, which the Company decided not to occupy in the post-Merger period.