XML 22 R12.htm IDEA: XBRL DOCUMENT v2.3.0.15
Restructuring
9 Months Ended
Sep. 30, 2011
Restructuring [Abstract] 
Restructuring

7. Restructuring

During the three and nine months ended September 30, 2011 we recorded restructuring charges of $2.5 and $5.5 million, respectively. The charges for the three months ended September 30, 2011 consist of facilities-related charges and employee separation costs and the charges for the nine months ended September 30, 2011 consist primarily of employee separation costs, asset impairments net of recoveries for asset disposals. The following summarizes the components of the restructuring charges for the three and nine months ended September 30, 2011 (in thousands):

 

    Three months ended September 30, 2011     Nine months ended September 30, 2011  
        Accruals             Non-cash    
items		         Total             Accruals             Non-cash    
items		         Total      

Facilities related charges

   $ 2,306      $ —        $ 2,306      $ 2,344      $ —        $ 2,344   

Employee separation costs

     163        —          163        2,853        —          2,853   

Asset impairments

     (1 )      —          (1 )      (399 )      645        246   

Other restructuring charges

     31        —          31        40        —          40   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  
  $ 2,499      $ —        $ 2,499      $ 4,838      $ 645      $ 5,483   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

The facilities-related charges recorded during the three months ended September 30, 2011 relate to a reassessment of current market conditions pertaining to our existing lease loss liability.

 

The following table sets forth activity in the restructuring liability for recent restructuring activities for the nine months ended September 30, 2011, which is comprised of employee separation costs and facilities-related charges (in thousands):

 

     Employee
separation costs		     Facilities
related
charges		     Other
restructuring
charges		     Total  

Balance at December 31, 2010

    $ —        $ 35,296      $ —        $ 35,296   

Accruals (credit)

      2,853        2,344        (359 )      4,838   

Payments

      (2,853 )      (7,949 )      359        (10,443 ) 

Accretion of sub-lease expense

      —          2,473        —          2,473   
  

 

 

    

 

 

    

 

 

    

 

 

  

Balance at September 30, 2011

    $ —        $ 32,164      $ —        $ 32,164   
  

 

 

    

 

 

    

 

 

    

 

 

  

We are continuing to assess our facility requirements for our San Diego campus as a result of this and our prior restructurings and could record additional facilities-related charges over the next several quarters.