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Restructuring Charges
3 Months Ended
Mar. 31, 2013
Restructuring Charges  
Restructuring Charges

Note 7.  Restructuring Charges

 

In 2012, the Company completed reductions in force related to actions taken by management to control costs, improve the focus of its operations, sustain future profitability and conserve cash. As of December 31, 2012, approximately $0.7 million of these costs were accrued and unpaid. During the three months ended March 31, 2013, the Company implemented further actions, which resulted in restructuring charges for severance and related costs of $1.8 million being recorded. The liability at March 31, 2013 of $1.4 million is expected to be paid primarily in the second quarter of 2013.

 

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, 2012

 

$

659

 

Severance and related costs

 

1,801

 

Cash payments

 

(1,108

)

Balance at March 31, 2013

 

$

1,352