Quarterly report pursuant to Section 13 or 15(d)

Restructuring and Other Related Costs (Tables)

v3.8.0.1
Restructuring and Other Related Costs (Tables)
 9 Months Ended
Sep. 30, 2017
Restructuring and Related Activities [Abstract]  
Components of Restructuring and Other Related Costs
The following table presents the components of restructuring and other related costs for the three and nine months ended September 30, 2017 and 2016:
 
Three months ended
September 30,
 
Nine months ended
September 30,
 
2017
 
2016
 
2017
 
2016
Severance and other employee costs related to legacy Eco restructuring plan
$
—

 
$
—

 
$
830

 
$
4,496

Severance and other employee costs related to performance materials plant closure
3,868

 
—

 
3,868

 
—

Other related costs
238

 
1,336

 
880

 
6,402

 
$
4,106

 
$
1,336

 
$
5,578

 
$
10,898

 
 
 
 
 
 
 
 
Activity in Restructuring Plan
The activity in the accrued liability balance associated with the Company’s restructuring plans, all of which related to severance and other employee costs, was as follows for the nine months ended September 30, 2017:
 
Legacy Eco Restructuring Plan
 
Performance Materials Plant Closure
 
Total Restructuring Charges
Balance at December 31, 2016
$
1,643

 
$
—

 
$
1,643

Restructuring charges
830

 
3,868

 
4,698

Cash payments
(1,971
)
 
—

 
(1,971
)
Balance at September 30, 2017
$
502

 
$
3,868

 
$
4,370