Corporate Restructuring and Other Organizational Changes

6 Months Ended

Jun. 30, 2014

Restructuring And Related Activities [Abstract]

Corporate Restructuring and Other Organizational Changes

7. Corporate Restructuring and Other Organizational Changes

2014 Activities

During the six months ended June 30, 2014, the Company reduced its headcount as a part of its integration of its recent acquisitions. In connection with these actions, approximately $1.0 million and $2.8 million of termination costs were recognized in general and administrative expense in the accompanying condensed consolidated statements of operations during the three and six months ended June 30, 2014, respectively. The charges by segment were as follows for the three months ended June 30, 2014: $0.4 million in the Americas segment, $0.4 million in the Asia/Pacific segment, and $0.2 million in the EMEA segment. The charges by segment were as follows for the six months ended June 30, 2014: $2.1 million in the Americas segment, $0.5 million in the Asia/Pacific segment, and $0.2 million in the EMEA segment. Approximately $3.3 million of termination costs were paid during the six months ended June 30, 2014. The remaining liability is expected to be paid over the next 12 months.

2013 Activities

During the six months ended June 30, 2013, the Company reduced its headcount as a part of its integration of its recent acquisitions. In connection with these actions, approximately $2.1 million and $3.7 million of termination costs were recognized in general and administrative expense in the accompanying consolidated statements of operations during the three and six months ended June 30, 2013, respectively. The charges for the three and six months ended June 30, 2013 were $0.3 million in the EMEA segment and $0.3 million in the Asia/Pacific segment. The remaining expense of $1.5 million and $3.1 million was incurred in the Americas region for the three and six months ended June 30, 2013, respectively.

The components of corporate restructuring and other reorganization activities from the recent acquisitions are included in the following table:

(in thousands)	Severance			Facility Closures			Total
Balance, December 31, 2013	$	1,470		$	1,871		$	3,341
Restructuring charges (adjustments) incurred		2,798			(196	)		2,602
Amounts paid during the period		(3,270	)		(946	)		(4,216	)
Foreign currency translation		(1	)		—			(1	)
Balance, June 30, 2014	$	997		$	729		$	1,726

The $1.0 million for unpaid severance is included in employee compensation and the $0.7 million for unpaid facility closures is included in other current liabilities in the accompanying condensed consolidated balance sheet at June 30, 2014.