Quarterly report pursuant to Section 13 or 15(d)

Restructuring Charges

v3.7.0.1
Restructuring Charges
3 Months Ended
Mar. 31, 2017
Restructuring and Related Activities [Abstract]  
Restructuring Charges Restructuring Charges

On January 12, 2017, we announced a reduction in force plan affecting approximately 7% of our U.S. employee base, excluding Ticketfly. We incurred approximately $6.2 million of cash expenditures, substantially all of which are related to employee severance and benefits costs. Total reduction in force expenses were $5.7 million, which was lower than cash reduction in force costs due to a credit related to non-cash stock-based compensation expense reversals for unvested equity awards. The reduction in force plan was substantially completed in the three months ended March 31, 2017. The remaining accrued liability for payments related to the reduction in force was not material as of March 31, 2017.