RESTRUCTURING CHARGES

The following table summarizes the activity related to the accrual for restructuring charges detailed by event:



	Q2'10		Q2'12			Q1'13			Q3'13			Q3'14			Q4'14			Q1'15			Q2'15			Total
	(in thousands)
Balance at January 1, 2015 - Restructuring Accrual	$	281	$	19		$	3,988		$	9		$	920		$	14,508		$	—		$	—		$	19,725
(Credits) charges – Employee termination costs, net of change in estimate	—		—			(49		)	—			488			6			702			—			1,147
Non-cash - Other	—		—			—			—			(175		)	(6		)	—			—			(181		)
Payments – Employee termination costs	—		—			(524		)	—			(540		)	(14		)	(196		)	—			(1,274		)
Foreign exchange gain	—		—			(31		)	—			(59		)	(1		)	(7		)	—			(98		)
Balance at March 31, 2015 - Restructuring Accrual	$	281	$	19		$	3,384		$	9		$	634		$	14,493		$	499		$	—		$	19,319
(Credits) charges – Employee termination costs, net of change in estimate	—		(210		)	(153		)	(9		)	1,651			899			2,006			698			4,882
Non-cash - Other	—		—			—			—			(213		)	(4		)	—			—			(217		)
Refunds (payments) - Employee termination costs	—		229			(196		)	—			(1,064		)	(4,287		)	(2,508		)	(25		)	(7,851		)
Foreign exchange loss (gain)	—		—			271			—			—			(1,616		)	3			—			(1,342		)
Balance at June 30, 2015 - Restructuring Accrual	$	281	$	38		$	3,306		$	—		$	1,008		$	9,485		$	—		$	673		$	14,791
(Credits) charges – Employee termination costs, net of change in estimate	—		—			—			—			(166		)	(432		)	—			14			(584		)
Non-cash – Other	—		—			—			—			840			(10		)	—			174			1,004
Payments - Employee termination costs	—		—			(582		)	—			(1,646		)	(1,543		)	—			(628		)	(4,399		)
Foreign exchange loss (gain)	—		—			32			—			—			(86		)	—			—			(54		)
Balance at September 30, 2015 - Restructuring Accrual	$	281	$	38		$	2,756		$	—		$	36		$	7,414		$	—		$	233		$	10,758

The Company records restructuring liabilities related to workforce reductions when the accounting recognition criteria are met and consistent with management's approval and commitment to the restructuring plans in each particular quarter. The restructuring plans identify the number of employees to be terminated, job classifications and functions, location and the date the plan is expected to be completed. As of September 30, 2015, the Company expects the majority of the remaining employee termination costs and facility exit costs to be paid by the end of fiscal 2016.

2015 Restructuring Charges

Restructuring charges recorded in 2015 were related to workforce reductions, primarily in the U.S., in connection with the Company's decision to exit the XSense business and workforce reductions and other costs in connection with the Company's decision to shut down an assembly operations plant in the Philippines. These actions, which are consistent with management's approval of the restructuring plan and the communication to affected employees, were intended to align operating expenses with macroeconomic conditions and revenue outlooks, and to improve operational efficiency, competitiveness and business profitability. The Company also recorded additional restructuring charges related to workforce reductions in France in 2015. During the three months ended September 30, 2015, the Company recorded restructuring credits of $0.6 million primarily due to pension curtailment gain upon termination of employees affected by the Philippines restructuring, and gain on sale of certain equipment located in the Philippines, which were offset by employee termination costs. The restructuring charges recorded during the nine months ended September 30, 2015 were $5.4 million.

All employees affected by the Philippines restructuring ceased active service as of September 30, 2015.

2014 Restructuring Charges

Restructuring charges were recorded in the third and fourth quarters of 2014. The charges primarily related to workforce reductions in France. These actions were intended to align operating expenses with macroeconomic conditions and revenue outlooks, and to improve operational efficiency, competitiveness and business profitability. In connection with formulating this restructuring plan, during the third and fourth quarters of 2014, the Company confidentially negotiated and developed a “social plan” in coordination and consultation with the local Works Council. This social plan, which is subject to French law, set forth general parameters, terms and benefits for both voluntary and involuntary employee dismissals.