The Company continuously evaluates its existing operations to increase operational efficiency, decrease costs and increase profitability. The Company recorded restructuring and other related charges of $16.6 million and $22.3 million for the three and six months ended August 3, 2019, respectively. The Company expects to complete these restructuring actions by the end of fiscal 2020.

The Company recorded restructuring and other related charges of $35.4 million and $37.0 million for the three and six months ended August 4, 2018, respectively.

The following table presents details related to the restructuring related charges as presented in the condensed Consolidated Statements of Operations (in thousands):



	Three Months Ended						Six Months Ended
	August 3, 2019			August 4, 2018			August 3, 2019			August 4, 2018
Severance and related costs	$	7,139		$	22,605		$	8,627		$	24,057
Facilities and related costs	1,078			11,029			1,556			11,057
Other exit-related costs	2,632			174			2,823			262
	10,849			33,808			13,006			35,376
Release of reserves:
Severance	—			(307		)	—			(307		)
Facilities and related costs	(544		)	—			(732		)	—
Other exit-related costs	—			—			(127		)	—

Other restructuring charges
Fixed assets write off	—			1,993			633			1,993
Exchange rate adjustment	—			(79		)	—			(80		)
Right-of-use asset amortization and impairment	7,675			—			10,882			—
Release of facility lease liability	(1,394		)	—			(1,394		)	—
	$	16,586		$	35,415		$	22,268		$	36,982

The following table sets forth a reconciliation of the beginning and ending restructuring liability balances by each major type of cost associated with the restructuring charges (in thousands):



	Severance and related costs			Facilities and related costs			Other exit-related costs			Total
Balance at February 2, 2019	$	12,403		$	26,904		$	1,049		$	40,356
Restructuring charges	8,627			1,556			2,823			13,006
Net cash payments	(14,743		)	(1,643		)	(1,271		)	(17,657		)
Release of reserves	—			(732		)	(127		)	(859		)
Effect of adoption of ASC 842	—			(25,893		)	—			(25,893		)
Balance at August 3, 2019	6,287			192			2,474			8,953
Less: non-current portion	—			75			—			75
Current portion	$	6,287		$	117		$	2,474		$	8,878

Upon adoption of the new lease accounting standard (see Note 3 - “Leases”), certain restructuring liabilities were required to be recognized as a reduction of the ROU asset.

The remaining accrued severance and related costs and the other exit-related costs are expected to be paid in fiscal 2020. The remaining accrued facility and related costs includes remaining payments under lease obligations related to vacated space that are expected to be paid through fiscal 2021.