Restructuring Costs and Other Reserves

6 Months Ended

Jun. 30, 2011

6. Restructuring Costs and Other Reserves

The Company had approximately $2.3 million of accrued restructuring charges as of December 31, 2010 primarily related to relocating and terminating employees from the Register.com LP acquisition. The Company incurred approximately $0.2 million of adjustments to restructuring costs during the six months ended June 30, 2011. Payments of $2.0 million were made during the six months ended June 30, 2011. The $0.6 million of outstanding restructuring charges as of June 30, 2011 are expected to be paid by February 2012.

The table below summarizes the activity of total accrued restructuring costs and other reserves during the six months ended June 30, 2011 (in thousands):

	Balance as of December 31, 2010		Cash Payments			Change in Estimates		Balance as of June 30, 2011

Restructuring costs	$	428	$	(396	)	$	245	$	277
Employee termination benefits		1,876		(1,593	)		—		283
Other acquisition related costs		21		—			—		21
Balance	$	2,325	$	(1,989	)	$	245	$	581

- 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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