Zynga 2015 Annual Report Download - page 102

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Table of Contents
The following table presents the activity for the three months ended March 31, 2015 and June 30, 2015, and the twelve months ended December 31, 2015
related to the Q1 2015 Restructuring plan (in thousands):
Three Months Ended
Twelve Months
Ended
December 31,
2015
March 31,
2015
June 30,
2015
Restructuring liability—beginning of period $ — $ 330 $ —
Restructuring expense and adjustments 3,241 542 3,783
Cash payments (2,911) (872) (3,783)
Restructuring liability (Q1 2015 Plan)—end of period $ 330 $ — $ —
There is no remaining liability for the Q1 2015 restructuring plan as of December 31, 2015.
Q1 2014 Restructuring Plan
The following table presents the activity for the three months ended March 31, 2015, June 30, 2015, September 30, 2015 and the three and twelve months
ended December 31, 2015 related to the Q1 2014 restructuring plan (in thousands):
Three Months Ended
Twelve
Months
Ended
December 31,
2015
March 31,
2015
June 30,
2015
September 30,
2015
December 31,
2015
Restructuring liability—beginning of period $ 10,009 $ 8,082 $ 6,663 $ 5,205 $ 10,009
Restructuring expense and adjustments 189 30 33 (1,466) (1,214)
Cash payments (2,116) (1,449) (1,491) (1,449) (6,505)
Restructuring liability (Q1 2014 Plan)—end of period $ 8,082 $ 6,663 $ 5,205 $ 2,290 $ 2,290
A $1.5 million adjustment was recorded in the fourth quarter of 2015 to reduce our restructuring liability as a result of executing a sublease agreement with a
new tenant in a data center facility we had previously vacated in the first quarter of 2014.
The remaining liability of $2.3 million is expected to be paid out in 2016.
Other Plans
The following table presents the activity for the three months ended March 31, 2015, June 30, 2015, September 30, 2015 and the three and twelve months
ended December 31, 2015 related to all other remaining historical restructuring plans from prior years (in thousands):
Three Months Ended
Twelve Months
Ended
December 31,
2015
March 31,
2015
June 30,
2015
September 30,
2015
December 31,
2015
Restructuring liability—beginning of period $ 2,857 $1,957 $ 1,933 $ 784 $ 2,857
Restructuring expense and adjustments 31 — 19 8 58
Cash payments (931) (24) (1,168) (460) (2,583)
Restructuring liability (2013 Plan)—end of period $ 1,957 $1,933 $ 784 $ 332 $ 332
The remaining liability of $0.3 million is expected to be paid out over the next 1.8 years.
99
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