Realignment and Other Actions

6 Months Ended

Jun. 30, 2011

Realignment and other actions

In connection with the realignment of the Company to improve future operations, severance charges associated with workforce reductions and other facility closure and exit costs were recorded during 2010.

The consolidated balance sheet as of June 30, 2011 includes remaining accruals relating to the realignment program of $2,092. The following table sets forth the activity affecting the accrual during the six months ended June 30, 2011:



	Severance			Other Closure and Exit Costs			Total
Balance as of December 31, 2010	$	2,925		$	341		$	3,266
Charges incurred	—			—			—
Cash payments	(1,113		)	(61		)	(1,174		)
Adjustments	—			—			—
Balance as of June 30, 2011	$	1,812		$	280		$	2,092

The current portion of liabilities for accrued restructuring as of June 30, 2011 is $1,724 and is reflected in accrued expenses and the remaining liability of $368 is reflected in other liabilities. The liabilities for other closure and exit costs as of June 30, 2011 are included in accrued expenses and primarily relate to contractually required lease obligations and other contractually committed costs associated with abandoned office space. The Company expects to pay the remaining realignment obligations within 2.5 years, with the majority of the obligations being paid within the next twelve months.

- 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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