Restructuring

In the second quarter of 2017, we completed the physical relocation of our global headquarters from Rogers, Connecticut to Chandler, Arizona. The move builds upon our presence in Arizona, where we have major business and manufacturing operations. The move supports our long-term strategy and is an integral part of our plans for growth and expansion. The new global corporate headquarters location is home to approximately 70 employees who support areas such as human resources, information technology, finance and supply chain, among others. The Rogers, Connecticut location continues to have manufacturing, research and development and support services. We recorded $1.1 million and $1.8 million of expense related to this project in the three and six months ended June 30, 2017. Severance activity related to the headquarters relocation is presented in the table below for the six months ended June 30, 2017:



(Dollars in thousands)	Severance related to headquarters relocation
Balance at December 31, 2016	$	470
Provisions	320
Payments	(566		)
Balance at June 30, 2017	$	224

The fair value of the total severance benefits to be paid (including payments already made) in connection with the relocation is $1.2 million. This total is being expensed ratably over the required service period for the affected employees. We incurred $0.1 million and $0.3 million of severance related expenses during the three and six months ended June 30, 2017.