Restructuring Costs and Other Severance Related Costs

9 Months Ended

Oct. 01, 2011

Restructuring Costs and Other Severance Related Costs

Restructuring Costs and Other Severance Related Costs

6.   Restructuring Costs and Other Severance Related Costs

For the nine month period ended October 1, 2011, we recorded severance and office closure charges of $0.8 million. Of these charges,

$0.4 million related to severance and severance-related charges for changes in our senior executive officers and $0.4 million related to the relocation of our corporate headquarters.

For the nine month period ended October 2, 2010, we recorded a net reversal of restructuring costs and other severance-related costs of $0.3 million. The net reversal is comprised of a $0.4 million charge relating to severance and severance-related expenses and a reversal of $0.7 million, primarily relating to the modification of lease agreements for office space previously vacated.

A summary of the restructuring charges and subsequent activity in the restructuring accrual for the nine months ended October 1, 2011 is as follows:

(In thousands)	Severance			Office Closure			Total
Balance as of January 1, 2011	$	22		$	484		$	506
Additional restructuring charges	370			399			769
Cash expenditures	(145		)	(442		)	(587		)
Balance as of October 1, 2011	$	247		$	441		$	688