Liabilities and Restructuring Charges

In November 2014, the Company initiated a restructuring program that included a voluntary retirement program (VRP) and a minimal headcount reduction program. The VRP was offered to certain eligible employees in the United States and enrollment for those employees was completed on November 21, 2014. The total cost of the restructuring program was $15.3 million, of which $12.6 million was paid during the first quarter of fiscal 2015 and the remaining balance of $2.7 million is recorded in accounts payable and accrued liabilities as payroll and related benefits in the unaudited condensed balance sheets as of January 31, 2015. The remaining payments relate to severance and benefits and will be paid during fiscal 2015.

Accounts payable and accrued liabilities consist of:



	January 31, 2015		October 31, 2014
	(in thousands)
Payroll and related benefits	$	158,778	$	302,295
Other accrued liabilities	55,317		66,666
Accounts payable	28,240		28,152
Total	$	242,335	$	397,113

Other long-term liabilities consist of:



	January 31, 2015		October 31, 2014
	(in thousands)
Deferred compensation liability	$	151,061	$	145,508
Other long-term liabilities	53,096		13,464
Total	$	204,157	$	158,972