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Restructurings (Tables)
3 Months Ended
Mar. 31, 2014
Restructurings  
Summary of restructuring charges

 

 

 

 

Three Months
Ended

 

(In thousands of dollars)

 

March 31, 2013

 

Cash Charges:

 

 

 

ClearPoint

 

 

 

Severance and other compensation

 

$

1,263

 

Third party vendor contracts and other costs

 

161

 

Total — Cash Charges:

 

$

1,424

 

Non-Cash Charges:

 

 

 

ClearPoint

 

 

 

Intangible asset impairment

 

$

587

 

Deferred compensation and other charges

 

448

 

Total — Non-Cash Charges:

 

$

1,035

 

Restructuring expenses — Total:

 

$

2,459

 

Schedule of changes in the company's liability related to restructuring

 

 

(In thousands of dollars)

 

 

 

Balance — December 31, 2013

 

$

2,491

 

Restructuring expense

 

 

Less: Non-cash charges

 

 

Payments for third party vendor contracts

 

(332

)

Payments for lease commitments, net of sublease income

 

(136

)

Restructuring reserve — March 31, 2014

 

$

2,023