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DISPOSITION RELATED AND OTHER COSTS (Notes)
6 Months Ended
Jun. 30, 2017
Restructuring and Related Activities [Abstract]  
Restructuring and Related Activities Disclosure [Text Block]
DISPOSITION RELATED AND OTHER COSTS
During the three months ended June 30, 2017, the Company announced plans to divest a number of its online professional communities to achieve greater focus and resource allocation toward its core tech-focused business. The planned divestitures include: BioSpace, Hcareers, Health eCareers, and Rigzone.  In connection with the planned divestitures and focus on the tech business, the Company incurred certain severance and other related costs to further these strategic objectives.
The following table displays the disposition related and other costs incurred during the periods noted in 2017:
 
Accrual at
 
Three Months Ended June 30, 2017
 
Accrual at
 
March 31, 2017
 
Expense
 
Cash Payments
 
June 30, 2017
Severance and retention
$

 
$
1,117

 
$
(264
)
 
$
853

Professional fees

 
70

 

 
70

Total disposition related and other costs
$

 
$
1,187

 
$
(264
)
 
$
923


In January 2016, the Company completed the sale of the Slashdot and SourceForge businesses (together referred to as “Slashdot Media”) for $2.8 million cash plus working capital of $0.4 million and incurred approximately $0.8 million of selling costs. A $0.1 million and $0.6 million loss on sale of business was recognized in the three and six months ended June 30, 2016, respectively. The Company incurred severance costs and additional stock based compensation expense for the acceleration of stock vesting.
Effective January 1, 2016, the Company reorganized leadership responsibilities to leverage operating capabilities more effectively across four of its brands which serve specific industries, and to optimize these brands for future growth by streamlining operations and development. This entailed combining four of its global brands (eFinancialCareers, Rigzone, Hcareers and BioSpace) to have one management structure under a combined group called Global Industry Group (“GIG”).
The following table displays the disposition related and other costs incurred during the periods noted in 2016:
 
Three Months Ended
 
Six Months Ended
 
June 30, 2016
 
June 30, 2016
SeveranceSlashdot Media
$

 
$
981

Accelerated stock based compensation expenseSlashdot Media

 
900

Loss on sale of Slashdot Media
77

 
639

Severance related to other brands

 
827

Total disposition related and other costs
$
77

 
$
3,347