RESTRUCTURING AND OTHER CHARGES

The components of restructuring and other charges, net in the three and nine months ended September 30, 2012 and 2011, respectively, were as follows:



	Three months ended September 30,			Nine months ended September 30,
	2012		2011	2012		2011
	(In thousands)
Restructuring charges, net:
Severance and employee-related costs	$	74	—	$	7,216	393
Contract termination costs	—		—	865		375
Total	$	74	—	$	8,081	768

Restructuring charges, net of $0.1 million for the three months ended September 30, 2012 reflect employee severance and benefit costs associated with the elimination of certain positions assumed in the Euroway acquisition offset by benefits from refinements in estimates from restructuring charges in the prior year. Restructuring charges, net for the nine months ended September 30, 2012 include $7.1 million of employee severance and other termination benefits as a result of cost management actions. During the second quarter of 2012, we approved a plan to eliminate approximately 350 employees, primarily in the U.S. These actions have been substantially completed. During the nine months ended September 30, 2012, we also recorded a charge of $0.9 million associated with non-essential leased facilities assumed in the Hill Hire acquisition.

Restructuring charges, net of $0.8 million for the nine months ended September 30, 2011 represented employee severance and benefit costs for workforce reductions and termination costs associated with non-essential equipment contracts assumed in the Scully acquisition.

Activity related to restructuring reserves including discontinued operations were as follows:



				Deductions
	December 31, 2011		Additions	Cash Payments	Non-Cash Reductions ⁽¹⁾	Foreign Translation Adjustments	September 30, 2012
	Balance		Additions	Cash Payments	Non-Cash Reductions ⁽¹⁾	Foreign Translation Adjustments	Balance
	(In thousands)
Employee severance and benefits	$	2,607	8,276	4,424	1,060	79	5,478
Contract termination costs	2,639		931	661	612	97	2,394
Total	$	5,246	9,207	5,085	1,672	176	7,872

^{_________________________}

^{(1) Non-cash reductions represent adjustments to the restructuring reserve as actual costs were less than originally estimated.}

At September 30, 2012, the majority of outstanding restructuring obligations are required to be paid by January 2014.

As mentioned in Note (T), "Segment Reporting," our primary measure of segment financial performance excludes, among other items, restructuring and other charges, net. However, the applicable portion of the restructuring and other charges, net that related to each segment for the three and nine months ended September 30, 2012 and 2011, respectively, were as follows:



	Three months ended September 30,			Nine months ended September 30,
	2012		2011	2012		2011
	(In thousands)
Fleet Management Solutions	$	74	—	$	6,421	768
Supply Chain Solutions	—		—	1,400		—
Central Support Services (CSS)	—		—	260		—
Total	$	74	—	$	8,081	768