RESTRUCTURING AND MANAGEMENT SEPARATION CHARGES

9 Months Ended

Sep. 29, 2012

RESTRUCTURING AND MANAGEMENT SEPARATION CHARGES [Abstract]

RESTRUCTURING AND MANAGEMENT SEPARATION CHARGES

2.  RESTRUCTURING AND MANAGEMENT SEPARATION CHARGES

RESTRUCTURING

During the three and nine months ended September 29, 2012, the Company implemented workforce reductions that eliminated approximately 10 and 40 positions throughout the Company, respectively, resulting in restructuring charges of $605 and $2,338, respectively, for severance, related benefits and other costs.  The unpaid balance at September 29, 2012 was $517 and was recorded within Accrued restructuring costs.

In the second quarter of 2011, the Company implemented a workforce reduction that eliminated approximately 40 positions throughout the Company, resulting in a Restructuring charge of $1,047 for severance and related benefits.

Activity and liability balances related to the restructurings were as follows:

	Restructuring Accrual
December 31, 2010 balance	$	-
Additions		1,047
Deductions		(1,047	)
December 31, 2011 balance	$	-
Additions		2,338
Deductions		1,821
September 29, 2012 balance	$	517

MANAGEMENT SEPARATION CHARGES

During the first quarter of 2011, the Company recorded certain management separation charges of $838 and $2,111, inclusive of accelerated stock-based compensation of $568 and $116, within Research and development and Selling and administrative expenses, respectively. The management separation charges arose from the resignations of the Company's former Chief Executive Officer (CEO) and another Executive Officer, and included contractual separation pay, accelerated vesting of certain equity awards, and certain other costs.