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Restructuring

6 Months Ended

Jun. 30, 2011

3. Restructuring

During the first six months of 2011, management approved a cost savings program to reduce the workforce. The Company incurred restructuring charges of $37,000 associated with this program, which included severance and termination-related costs offset in part by a reduction of facilities-related restructuring costs attributable to estimated sublease rentals. The 2011 cost savings program was similar to the 2010 cost savings program and was substantially completed in the first half of 2011. Total costs of the Company’s restructuring programs incurred from 2007 to date were $7.8 million. We do not expect to incur any additional charges as a result of these termination costs.

The following table sets forth a summary of accrued restructuring charges related to these programs for the six months ended June 30, 2011 (in thousands):

	December 31,		Cash								June 30,
	2010		Payments			Additions		Adjustments			2011

Severance and termination-related costs	$	3	$	(139	)	$	136	$	—		$	—
Facilities related costs	294		(109		)	—		(97		)	88

Total accrued restructuring charges	$	297	$	(248	)	$	136	$	(97	)	$	88

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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