XML 1041 R57.htm IDEA: XBRL DOCUMENT v2.4.0.6
Restructuring, Repositioning, And Efficiency (Tables)
12 Months Ended
Dec. 31, 2011
Restructuring, Repositioning, And Efficiency [Abstract]  
Schedule Of Restructuring And Repositioning Liability

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

2011

 

2010

 

2009

 

 

 

 

 

 

 

 

 

Expense

 

Liability

 

Expense

 

Liability

 

Expense

 

Liability

 

 

 

 

 

 

 

Beginning balance

 

 

$

 

-

 

 

 

$

 

9,108

 

 

 

$

 

-

 

 

 

$

 

15,903

 

 

 

$

 

-

 

 

 

$

 

24,167

 

Severance and other employee related costs

 

 

 

16,614

 

 

 

 

16,614

 

 

 

 

5,638

 

 

 

 

5,638

 

 

 

 

5,612

 

 

 

 

5,612

 

Facility consolidation costs

 

 

 

1,909

 

 

 

 

1,909

 

 

 

 

2,348

 

 

 

 

2,348

 

 

 

 

6,511

 

 

 

 

6,511

 

Other exit costs, professional fees, and other

 

 

 

108

 

 

 

 

108

 

 

 

 

1,468

 

 

 

 

1,468

 

 

 

 

322

 

 

 

 

322

 

 

 

 

 

 

 

 

Total accrued

 

 

 

18,631

 

 

 

 

27,739

 

 

 

 

9,454

 

 

 

 

25,357

 

 

 

 

12,445

 

 

 

 

36,612

 

 

 

 

 

 

 

 

Payments related to:

 

 

 

 

 

 

 

 

 

 

 

 

Severance and other employee related costs

 

 

 

 

 

11,464

 

 

 

 

 

 

8,440

 

 

 

 

 

 

9,840

 

Facility consolidation costs

 

 

 

 

 

2,457

 

 

 

 

 

 

3,939

 

 

 

 

 

 

8,868

 

Other exit costs, professional fees, and other

 

 

 

 

 

111

 

 

 

 

 

 

1,394

 

 

 

 

 

 

874

 

Accrual reversals

 

 

 

 

 

1,681

 

 

 

 

 

 

2,476

 

 

 

 

 

 

1,127

 

 

 

 

 

 

 

 

Restructuring and repositioning reserve balance

 

 

 

 

$

 

12,026

 

 

 

 

 

$

 

9,108

 

 

 

 

 

$

 

15,903

 

 

 

 

 

 

 

 

Other restructuring and repositioning expense:

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage banking expense on servicing sales

 

 

 

-

 

 

 

 

 

 

1,532

 

 

 

 

 

 

548

 

 

 

(Gains)/losses on divestitures

 

 

 

(11,361

)

 

 

 

 

 

 

-

 

 

 

 

 

 

9,183

 

 

 

Impairment of premises and equipment

 

 

 

478

 

 

 

 

 

 

4,086

 

 

 

 

 

 

2,873

 

 

 

Impairment of intangible assets

 

 

 

10,100

 

 

 

 

 

 

3,348

 

 

 

 

 

 

16,753

 

 

 

Impairment of other assets

 

 

 

-

 

 

 

 

 

 

267

 

 

 

 

 

 

10,124

 

 

 

Other

 

 

 

9,040

 

 

 

 

 

 

(1,466

)

 

 

 

 

 

 

-

 

 

 

 

 

 

 

 

 

 

Total other restructuring and repositioning expense

 

 

 

8,257

 

 

 

 

 

 

7,767

 

 

 

 

 

 

39,481

 

 

 

 

 

 

 

 

 

 

Total restructuring and repositioning charges

 

 

$

 

26,888

 

 

 

 

 

$

 

17,221

 

 

 

 

 

$

 

51,926

 

 

 

 

 

 

 

 

 

 

Schedule Of Cumulative Restructuring And Related Costs

 

 

 

(Dollars in thousands)

 

Expense

 

 

 

Severance and other employee related costs

 

 

$

 

77,796

 

Facility consolidation costs

 

 

 

40,650

 

Other exit costs, professional fees, and other

 

 

 

19,054

 

Other restructuring and repositioning expense:

 

 

Loan portfolio divestiture

 

 

 

7,672

 

Mortgage banking expense on servicing sales

 

 

 

21,175

 

Net loss on divestitures

 

 

 

1,147

 

Impairment of premises and equipment

 

 

 

22,375

 

Impairment of intangible assets

 

 

 

48,231

 

Impairment of other assets

 

 

 

40,492

 

Other

 

 

 

7,574

 

 

 

 

Total restructuring and repositioning charges incurred to date as of December 31, 2011

 

 

$

 

286,166