XML 41 R24.htm IDEA: XBRL DOCUMENT v2.4.0.6
Restructuring Charges, Net (Tables)
9 Months Ended
Jan. 31, 2013
Changes in Restructuring Liability

Changes in the restructuring liability during the three months ended January 31, 2013 are as follows:

 

     Severance     Facilities     Total  
     (in thousands)  

Liability as of October 31, 2012

   $ 9,238      $ 7,263      $ 16,501   

Charge to expense

     4,441        —          4,441   

Non-cash items

     (228     (183     (411

Reductions for cash payments, net of refund

     (4,985     (1,109     (6,094

Exchange rate fluctuations

     138        31        169   
  

 

 

   

 

 

   

 

 

 

Liability as of January 31, 2013

   $ 8,604      $ 6,002      $ 14,606   
  

 

 

   

 

 

   

 

 

 

Changes in the restructuring liability during the nine months ended January 31, 2013 are as follows:

 

     Severance     Facilities     Total  
     (in thousands)  

Liability as of April 30, 2012

   $ 38      $ 2,732      $ 2,770   

Charge to expense

     15,765        5,179        20,944   

Reductions/recoveries (1)

     (38     (970     (1,008

Non-cash items

     (328     121        (207

Reductions for cash payments, net of refund

     (6,991     (1,027     (8,018

Exchange rate fluctuations

     158        (33     125   
  

 

 

   

 

 

   

 

 

 

Liability as of January 31, 2013

   $ 8,604      $ 6,002      $ 14,606   
  

 

 

   

 

 

   

 

 

 

 

(1) During the nine months ended January 31, 2013, the Company recovered $1.0 million from a legal settlement (related to premises) attributable to a previous restructuring action.
Summary of Restructuring Liability by Segment

The restructuring liability by segment is summarized below:

 

     January 31, 2013  
     Severance      Facilities      Total  
     (in thousands)  

Executive Recruitment

        

North America

   $ 1,518       $ 3,126       $ 4,644   

Europe, Middle East and Africa (“EMEA”)

     1,750         1,566         3,316   

Asia Pacific

     8         91         99   
  

 

 

    

 

 

    

 

 

 

Total Executive Recruitment

     3,276         4,783         8,059   

Leadership and Talent Consulting

     4,225         —           4,225   

Futurestep

     452         1,219         1,671   

Corporate

     651         —           651   
  

 

 

    

 

 

    

 

 

 

Liability as of January 31, 2013

   $ 8,604       $ 6,002       $ 14,606   
  

 

 

    

 

 

    

 

 

 

 

     April 30, 2012  
     Severance      Facilities      Total  
     (in thousands)  

Executive Recruitment

        

North America

   $ —         $ 43       $ 43   

EMEA

     38         1,780         1,818   
  

 

 

    

 

 

    

 

 

 

Total Executive Recruitment

     38         1,823         1,861   

Futurestep

     —           909         909   
  

 

 

    

 

 

    

 

 

 

Liability as of April 30, 2012

   $ 38       $ 2,732       $ 2,770