12. Restructuring

In December 2010, the Company recorded restructuring charges of approximately $1.2 million related to termination benefits, of which $49,000 remained accrued as of December 31, 2011. This remaining amount was paid to the remaining affected employee during the quarter ended June 30, 2012.

In May 2012, the Company undertook further cost cutting measures by initiating a headcount reduction of 42 full-time employees worldwide, to be terminated between May 2012 and March 2013. In connection with this restructuring plan, in 2012, the Company recorded restructuring charges of approximately $1.2 million related to termination benefits for these personnel.

The following table sets forth a summary of restructuring activities related to the Company’s May 2012 restructuring program (in thousands):



	January 1, 2012		Costs Incurred		Cash Payments		September 30, 2012
Termination benefits	$	—	$	1,176	$	1,012	$	164

Accrued restructuring charges as of September 30, 2012 comprise the remaining liability balance and are reflected in accrued liabilities on the Company’s Condensed Consolidated Balance Sheet as of September 30, 2012. The Company expects to pay these accrued termination benefits prior to September 30, 2013.