Restructuring

6 Months Ended

Jun. 30, 2011

Restructuring [Abstract]

Restructuring

4. Restructuring

The Company has incurred costs from restructuring activities related to the October 15, 2010 acquisition of Abraxis. Restructuring costs include employee termination costs, contract termination fees and facility closing costs. Employee termination costs are generally recorded when the actions are probable and estimable and include accrued severance benefits and health insurance continuation, many of which may be paid out during periods after termination of employment.

The following tables summarize the restructuring expenses and changes in the restructuring liability related to the Abraxis acquisition during the three- and six-month periods ended June 30, 2011:

	Three-Month Periods Ended				Six-Month Periods Ended
	June 30,				June 30,
	2011		2010		2011		2010
Employee termination benefits	$	1,926	$	—	$	2,226	$	—
Contract termination fees		—		—		1,304		—
Facility closing costs		607		—		1,745		—
Total restructuring expense	$	2,533	$	—	$	5,275	$	—

	Balance		Expense				Balance		Cumulative
	December 31, 2010		Recognized		Payments		June 30, 2011		Payments
Employee termination benefits	$	14,881	$	2,226	$	9,468	$	7,639	$	10,734
Contract termination fees		—		1,304		1,304		—		1,304
Facility closing costs		—		1,745		501		1,244		511
Total restructuring costs	$	14,881	$	5,275	$	11,273	$	8,883	$	12,549

The Company does not expect to incur additional restructuring expense related to the acquisition of Abraxis. Future cash payments related to the restructuring activity are estimated to amount to $4.3 million in 2011, $4.2 million in 2012 and $0.4 million in 2013.