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Restructuring Charges
3 Months Ended
Mar. 31, 2016
Restructuring And Related Activities [Abstract]  
Restructuring Charges

Note 17. Restructuring Charges

The Company commenced certain restructuring actions designed to reduce the Company’s cost structure primarily within the Marketing & Events U.S. Segment, and to a lesser extent, in the Marketing & Events International Segment. As a result, it has recorded restructuring charges related to the consolidation and downsizing of facilities. Additionally, the Company has recorded restructuring charges in connection with certain reorganization activities. These charges consist of severance and related benefits due to headcount reductions.

Changes to the restructuring liability by major restructuring activity are as follows:

 

 

 

Marketing & Events

Group Consolidation

 

 

Other Restructurings

 

 

 

 

 

(in thousands)

 

Severance &

Employee

Benefits

 

 

Facilities

 

 

Severance &

Employee

Benefits

 

 

Total

 

Balance at December 31, 2015

 

$

751

 

 

$

1,291

 

 

$

234

 

 

$

2,276

 

Restructuring charges

 

 

499

 

 

 

9

 

 

 

484

 

 

 

992

 

Cash payments

 

 

(775

)

 

 

(165

)

 

 

(374

)

 

 

(1,314

)

Adjustment to liability

 

 

 

 

 

 

 

 

242

 

 

 

242

 

Balance at March 31, 2016

 

$

475

 

 

$

1,135

 

 

$

586

 

 

$

2,196

 

 

As of March 31, 2016, the liabilities related to severance and employee benefits are expected to be paid by the end of 2018. Additionally, the liability of $1.3 million related to future lease payments will be paid over the remaining lease terms for the Marketing & Events Group. Refer to Note 19 - Segment Information, for information regarding restructuring charges by segment.