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Restructuring and Impairment Charges
6 Months Ended
Jun. 30, 2012
Restructuring and Impairment Charges [Abstract]  
Restructuring and Impairment Charges
9. Restructuring and Impairment Charges

In November 2011, the Company commenced a restructuring of its workforce to focus its resources on the commercialization of OFIRMEV and reduce program costs not directly associated with such efforts. As a result of the 2011 restructuring, the Company recorded one-time employee termination charges of $1,142,000 in connection with the termination of 17 employees.

The following table details the restructuring charges for severance-related costs and termination of contractual obligations for periods presented (in thousands):

 

                                 
    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
    2012     2011     2012     2011  

Beginning restructuring liability

  $ 46     $ —       $ 931     $ —    

Severance and termination charges incurred

    —         —         —         —    

Severance and termination disbursements

    (33 )      —         (918 )      —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Ending restructuring liability

  $ 13     $ —       $ 13     $ —    
   

 

 

   

 

 

   

 

 

   

 

 

 

The balance of the restructuring liability at June 30, 2012 is anticipated to be fully distributed in 2012.