XML 53 R44.htm IDEA: XBRL DOCUMENT v2.4.1.9
Restructuring Expense (Tables)
12 Months Ended
Dec. 31, 2014
2003 Restructuring  
Restructuring Cost and Reserve [Line Items]  
Restructuring and other liabilities
The activity related to restructuring and other liability for 2003 was as follows:
 
Restructuring Expense
 
Cash
Payments
 
Non-cash
Expense
 
Liability as of
December 31,
2003
 
(in thousands)
Lease restructuring and other operating lease expense
$
84,726

 
$
(15,200
)
 
$

 
$
69,526

Employee severance, benefits and related costs
2,616

 
(2,616
)
 

 

Leasehold improvements and asset impairments
4,482

 

 
(4,482
)
 

Total
$
91,824

 
$
(17,816
)
 
$
(4,482
)
 
$
69,526

Activity related to the restructuring liability
The activities related to 2003 restructuring liability for 2004 through 2014 were as follows:
 
2014
 
2013
 
2012
 
2004-2014
 
(in thousands)
Liability, beginning of the period
$
19,115

 
$
23,328

 
$
26,313

 
$
69,526

Cash payments
(17,494
)
 
(15,255
)
 
(14,853
)
 
(196,446
)
Cash received from subleases
12,912

 
10,670

 
10,024

 
88,620

Credit for portion of facility Vertex decided to occupy in 2005

 

 

 
(10,018
)
Restructuring expense
(2,937
)
 
372

 
1,844

 
59,914

Liability, end of the period
$
11,596

 
$
19,115

 
$
23,328

 
$
11,596

Fan Pier Move Restructuring  
Restructuring Cost and Reserve [Line Items]  
Restructuring and related liability
The activities related to the Fan Pier relocation restructuring liability for the years ended December 31, 2013 and 2014 were as follows:
 
2014
 
2013
 
(in thousands)
Liability, beginning of the period
$
797

 
$

Cash payments
(18,271
)
 
(401
)
Restructuring expense
50,864

 
1,198

Liability, end of the period
$
33,390

 
$
797

Other Restructuring  
Restructuring Cost and Reserve [Line Items]  
Restructuring and related liability
The activities related to the Company’s other restructuring liabilities for the years ended December 31, 2013 and 2014 were as follows:
 
2014
 
2013
 
(in thousands)
Liability, beginning of the period
$
8,441

 
$

Cash payments
(10,570
)
 
(22,916
)
Asset impairments and other non-cash expense

 
(7,594
)
Restructuring expense
2,998

 
38,951

Liability, end of the period
$
869

 
$
8,441