Restructuring Actions

12 Months Ended

Dec. 31, 2013

17. Restructuring Actions

In the fourth quarter of fiscal 2013, the Company incurred expenses of $4.8 million associated with employee workforce reductions of approximately 155 positions, designed to reduce the Company’s operating expenses and extend its cash runway. The Company recorded $2.2 million of the employee separation costs in research and development expense and $2.6 million in selling, general and administrative expenses. A rollforward of the restructuring liability for 2013 is as follows:


*In thousands*	2013
Balance, January 1, 2013	$	—
Charges		4,751
Amounts paid		(2,531	)

Balance, December 31, 2013	$	2,220

The $2.2 million restructuring liability at December 31, 2013 is expected to be paid through the third quarter of fiscal 2014. On the accompanying consolidated balance sheet at December 31, 2013, the restructuring liability balance of $2.2 million was classified as a component of accrued compensation and benefits.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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