For more detailed information about identification, its life stages are and potential treatment options see the links below. Healthy leaves are necessary for proper growth and survival.
http://extension.umass.edu/landscape/fact-sheets/winter-moth-identification-management
http://www.massnrc.org/pests/pestFAQsheets/winter%20moth.html
http://www.northeastnursery.com/garden/whatsnew_helpfulhints_wintermoth.html
http://boston.cbslocal.com/2012/03/09/mass-braces-for-winter-moth-surge/