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Restructuring Charges
9 Months Ended
Sep. 30, 2012
Restructuring Charges  
Restructuring Charges

Note 5.  Restructuring Charges

 

The Company recorded restructuring charges of $0.6 million and $3.6 million for the three and nine months ended September 30, 2012, respectively. These charges represent severance and related costs in connection with a reduction in force implemented by the Company related to actions taken by management to control costs and improve the focus of its operations in order to sustain future profitability and conserve cash. The liability at September 30, 2012 of $0.5 million is expected to be paid in the fourth quarter of 2012.

 

Changes in the Company’s restructuring liability, which consists primarily of severance and related costs, included in amounts reported as other current liabilities, are as follows:

 

 

 

(in thousands)

 

Balance at December 31, 2011

 

$

171

 

Severance and related costs

 

3,612

 

Cash payments

 

(3,117

)

Non-cash items

 

(130

)

Balance at September 30, 2012

 

$

536