RESTRUCTURINGS

In March 2009, Vector Tobacco eliminated nine full-time positions. Vector Tobacco recognized pre-tax restructuring charges of $900 in 2009. The restructuring charges primarily related to employee severance and benefit costs.

The components of the combined pre-tax restructuring charges relating to the Vector Tobacco’s 2006 and 2009 restructurings for the years ended December 31, 2010 and 2009, respectively, were as follows:



	Employee Severance and Benefits			Non-Cash Asset Impairment			Contract Termination/ Exit Costs			Total
Balance, January 1, 2009	$	—		$	—		$	—		$	—
Restructuring charges	738			30			232			1,000
Change in estimate	(47		)	(3		)	(50		)	(100		)
Utilized	(586		)	(27		)	(167		)	(780		)
Balance, December 31, 2009	105			—			15			120
Utilized	(105		)	—			(15		)	(120		)
Balance, December 31, 2010	$	—		$	—		$	—		$	—

During 2004, Liggett Vector Brands adopted a restructuring plan in its continuing effort to adjust the cost structure of the Company’s tobacco business and improve operating efficiency. The remaining pre-tax restructuring liability of $153 as of December 31, 2011, relates to the subletting of its New York office.