Note 8. Restructuring and Other Related Charges

The following table provides a summary of restructuring and other related charges as presented in the unaudited condensed consolidated statements of operations related to the restructuring actions described below (in thousands):

 

		Three Months Ended								Six Months Ended
		July 30,				August 1,				July 30,				August 1,
		2016				2015				2016				2015
Severance and related costs		$	15			$	11,705			$	15			$	11,705
Facilities and related costs			846				206				4,477				225
Other exit-related costs			—				189				—				189
			861				12,100				4,492				12,119
Release of reserves:
Severance			—				—				(86	)			—
Other exit-related			(269	)			—				(269	)			—
Impairment and write-off of assets:
Equipment			129				900				1,025				1,473
Restructuring and other related charges		$	721			$	13,000			$	5,162			$	13,592

The Company recorded a total of $0.7 million and $5.2 million in the three and six months ended July 30, 2016, respectively, in connection with restructuring and other related charges as described in the following paragraphs:

In connection with the Company’s decision to further reduce its research and development operations in Israel announced in May 2015, the Company and the landlord of its facility located in Israel reached agreement for the Company to completely vacate and release certain floors back to the landlord for purposes of future sublease. In addition to the floors it vacated in the first quarter of fiscal 2017, the Company also vacated and released additional floor space back to the landlord in the second quarter of fiscal 2017. As a result, the Company recorded charges of $0.7 million in the three months ended July 30, 2016 primarily for the remaining lease obligation related to the vacated floor.

In connection with the restructuring of its mobile platform business announced in September 2015, the Company also recorded charges in the three months ended July 30, 2016 of $0.3 million related to facility closures in China and the write off of additional mobile-related equipment classified as held for sale that it no longer was able to sell, which were offset by a recovery of $0.3 million from the release of reserve related to the early loss on contract termination recognized in fiscal 2016. Of the remaining actions that were expected to be completed in the first half of fiscal 2017 related to restructuring of the mobile platform business, substantially all of the activities have been completed. Total cumulative charges recorded in fiscal 2016 through the six months ended July 30, 2016 related to this restructuring action were $45.3 million, which included $28.1 million of severance benefits, a $1.3 million loss on early contract termination, $7.7 million for impairment of technology licenses and certain equipment, $0.2 million related to facility closures and an $8.0 million write down of inventory.

 

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

 

		Severance				Facilities				Other
		and Related				and Related				Exit-Related
		Costs				Costs				Costs				Total
Balance at January 30, 2016		$	1,155			$	1,043			$	1,644			$	3,842
Restructuring charges			15				4,477				—				4,492
Net cash payments			(875	)			(3,754	)			(200	)			(4,829	)
Release of reserves			(86	)							(269	)			(355	)
Exchange rate adjustment			7				53				—				60
Balance at July 30, 2016		$	216			$	1,819			$	1,175			$	3,210

The balance at July 30, 2016 for facilities and related costs includes remaining payments under lease obligations related to vacated space that are expected to be paid through fiscal 2019.