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Termination Charges
12 Months Ended
Dec. 31, 2011
Restructuring and Related Activities [Abstract]  
Termination Charges
Termination Charges
During the year ended December 31, 2011 the Company recorded a $6.6 million charge in SG&A and marketing and reservation expenses related to termination benefits provided to employees separating from service with the Company. These expenses include $5.8 million of salary and benefits continuation and $0.8 million related to the acceleration of share-based compensation for terminated employees. At December 31, 2011, approximately $4.6 million of the salary and benefits continuation payments remain to be remitted.
During the year ended December 31, 2010 , the Company recorded a $3.3 million charge in SG&A and marketing and reservation expenses related to salary and benefit continuation termination benefits provided to employees separating from service with the Company. At December 31, 2011, all salary and benefit continuation termination benefits incurred during the year ended December 31, 2010 had been remitted.
During the year ended December 31, 2009, the Company recorded a $5.4 million charge in SG&A and marketing and reservation expenses related to termination benefits provided to employees separating from service with the Company. These expenses included $4.7 million of salary and benefits continuation and $0.7 million related to the acceleration of share-based compensation for terminated employees. At December 31, 2011, approximately $0.4 million of these salary and benefits continuation payments remain to be remitted.
During the year ended December 31, 2011, the Company remitted termination benefits totaling $4.5 million, including $3.2 million related to termination benefits incurred in prior years. At December 31, 2011, approximately $5.4 million of termination benefits remained to be paid and were included in current and non-current liabilities in the Company’s consolidated financial statements, including approximately $0.5 million of benefits incurred prior to 2009. The Company expects $4.5 million of these benefits to be paid within the next twelve months.