BUSINESS REORGANIZATION EXPENSES

9 Months Ended

Sep. 30, 2012

Restructuring and Related Activities [Abstract]

In January 2012, the Company’s Chief Executive Officer approved a $1,000 plan of reorganization (“2012 Plan”) to streamline the Company’s support operations in each of Hudson’s regional businesses to match the aggregated operating segments and to improve support services to the Company’s regional and global professional business practices. The 2012 Plan primarily includes costs for actions to reduce support functions to match them to the revised operating structure. In April 2012, the Company’s Board of Directors (the “Board”) approved an addition to the 2012 Plan up to $10,000 for additional actions to accelerate the Company’s plans for increased global alignment and redirection of resources from support to client facing activities. The Company expects to substantially complete the 2012 Plan in 2012.

The Company’s Board approved other reorganization plans in 2009 (“2009 Plan”), 2008 (“2008 Plan”), and 2006 (“2006 Plan”) to streamline the Company’s support operations and included actions to reduce support functions to match them to the scale of the business, to exit underutilized properties and to eliminate contracts for certain discontinued services. These actions resulted in costs for lease termination payments, employee termination benefits and contract cancellations. Business reorganization expenses for the three and nine months ended September 30, 2012 and 2011 by plan were as follows:



	Three Months Ended					Nine Months Ended
	September 30,					September 30,
	2012			2011		2012			2011
2006 Plan	$	71		$	—	$	1,879		$	766
2008 Plan	—			—		—			—
2009 Plan	(77		)	—		(48		)	(19		)
2012 Plan	1,526			—		5,720			—
Total	$	1,520		$	—	$	7,551		$	747

The following table contains amounts for Changes in Estimate, Additional Charges, and Payments related to prior restructuring plans that were incurred or recovered during the nine months ended September 30, 2012. The amounts for Changes in Estimate and Additional Charges are classified as business reorganization expenses in the Company’s Condensed Consolidated Statements of Operations and Other Comprehensive Income (Loss). Amounts in the “Payments” column represent primarily the cash payments associated with the reorganization plans. Changes in the accrued business reorganization expenses for the nine months ended September 30, 2012 were as follows:



For The Nine Months Ended September 30, 2012	December 31, 2011		Changes in Estimate		Additional Charges		Payments			September 30, 2012
Lease termination payments	$	1,309	$	1,831	$	1,032	$	(1,094	)	$	3,078
Employee termination benefits	75		—		4,524		(2,918		)	1,681
Other associated costs	5		—		164		(139		)	30
Total	$	1,389	$	1,831	$	5,720	$	(4,151	)	$	4,789

- 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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