Restructuring Activities

3 Months Ended

Mar. 31, 2012

6. Restructuring Activities

In connection with the sale of the LC business in September 2010, the former Cambridge office space used by the former LC business employees was vacated and a restructuring liability was recorded representing the present value of the remaining lease term, net of contracted sublease. The liability was classified into discontinued operations on the Company's condensed consolidated balance sheets.

The following table sets forth the activity in the restructuring plan related to discontinued operations (in thousands):


	Facility Consolidation Costs
Balance at January 1, 2010	$	0
Accrued and expensed		835
Adjustments and revisions		103

Balance at December 31, 2010		938
Charged against accrual		(447	)
Adjustments and revisions		(125	)

Balance at December 31, 2011		366
Charged against accrual		(94	)
Adjustments and revisions		15

Balance at March 31, 2012	$	287

Restructuring reserve liability attributed to discontinued operations included in current and long term liabilities of discontinued operations:
Current portion	$	276
Long-term portion		11

	$	287

The Company terminated operations in Cambridge, Massachusetts on March 31, 2011, and subleased its office space to a third party. The restructuring plan included charges associated with the estimated loss on sublease for the Cambridge facility as well as one-time relocation costs for the employees whose employment positions were moved to the Company's San Diego location. The Company incurred total restructuring expense of $7,000 and $2.8 million for the three months ended March 31, 2012 and 2011 and had restructuring accruals of $0.2 million and $0.4 million as of March 31, 2012 and December 31, 2011, as detailed below. The liability was classified within accrued expense for the current portion and other long term liabilities for the long term portion on the Company's condensed consolidated balance sheets.

The following table sets forth the activity in the restructuring plan related to continuing operations (in thousands):


	Facility Consolidation Costs			Employee Separation Costs			Asset Impairment Costs			Total
Balance at January 1, 2011	$	0		$	0		$	0		$	0
Accrued and expensed		145			2,244			520			2,909
Charged against accrual		2			(2,021	)		(520	)		(2,539	)
Adjustments and revisions		34			0			0			34

Balance at December 31, 2011		181			223			0			404
Charged against accrual		(46	)		(198	)		0			(244	)
Adjustments and revisions		7			(9	)		0			(2	)

Balance at March 31, 2012	$	142		$	16		$	0		$	158
Restructuring reserve liability classification:
Current portion										$	153
Long-term portion											5

										$	158

- 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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