Restructuring Charges

3 Months Ended

Mar. 31, 2012

7. Restructuring Charges

At March 31, 2012 and December 31, 2011, we included restructuring reserves expected to be paid within the year of $1.3 million for both periods in "Accrued liabilities and other" in the Condensed Consolidated Balance Sheets. Long-term restructuring reserves were $745,000 and $1.0 million at March 31, 2012 and December 31, 2011, respectively, and were included in "Other long-term liabilities." The decline in restructuring reserves relates primarily to lease payments during the three months ending March 31, 2012. The fair value measurements in all periods utilized market prices of similar assets in determining fair value, which is a Level 3 input under U.S. GAAP.

The following table summarizes the restructuring reserve for the three months ended March 31, 2012 (dollars in thousands):


	Employee Separation Costs			Contract Termination Costs			Total
Balance at December 31, 2011	$	20		$	2,298		$	2,318
Liabilities recognized		—			—			—
Utilized		(20	)		(291	)		(311	)

Balance at March 31, 2012	$	—		$	2,007		$	2,007

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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