RESTRUCTURING COSTS

6 Months Ended

Jun. 30, 2012

RESTRUCTURING COSTS [Abstract]

RESTRUCTURING COSTS

3. RESTRUCTURING COSTS

Below is a reconciliation of the beginning and ending balances of our accrued restructuring costs for the six months ended June 30, 2012. All expenses associated with these activities are reflected in "Restructuring costs" in our condensed consolidated statements of operations. Cash payments for restructuring costs from continuing operations were $1.2 million and $4.5 million during the six months ended June 30, 2012 and 2011, respectively.

The components included in the reconciliation of the liability balances include activity for our continuing and discontinued operations (in thousands):

	Balance at December 31, 2011		Provisions		Cash Payments			Non-cash			Balance at June 30, 2012
Accrued restructuring costs:
Severance and exit costs	$	1,010	$	86	$	(563	)	$	(4	)	$	529
Contractual obligations		2,687		27		(589	)		39			2,164
Total restructuring costs	$	3,697	$	113	$	(1,152	)	$	35		$	2,693

Realignment of Workforce - 2011

During 2011, we eliminated approximately 30 positions in an effort to consolidate and streamline various functions of our workforce. To date, we have recorded $1.7 million of severance costs, including $0.3 million recorded in discontinued operations, and $0.2 million of lease termination costs associated with this realignment. On a segment basis, these restructuring costs totaled $1.2 million in North America, $0.4 million in Europe and $0.3 million in Asia Pacific. Included in these amounts was an adjustment to severance and exit costs of $0.1 million in North America, which was recorded during the six months ending June 30, 2012. Our reserve for the 2011 realignment was $0.3 million at June 30, 2012, including $0.2 million for severance costs and $0.1 million for lease termination costs. We anticipate the severance costs will be paid over the next year and the lease termination costs will be paid over the next 14 months.

Realignment of Workforce - 2010

During 2010, we eliminated approximately 165 positions in an effort to consolidate and streamline various functions of our workforce. To date, we have recorded $9.3 million of severance costs and $0.6 million of lease termination costs associated with this realignment. We have also recorded $1.8 million of asset impairments in connection with these restructuring efforts. In addition, we recorded $0.9 million of exit costs related to marketing efforts abandoned during the year and $0.5 million of exit costs related to the reorganization of our operating structure subsequent to the sale of our PGiSend messaging business as restructuring costs. On a segment basis, these restructuring costs totaled $7.7 million in North America, including accelerated vesting of restricted stock with a fair market value of $0.2 million, $2.4 million in Europe and $1.2 million in Asia Pacific. Our reserve for the 2010 realignment was $0.3 million at June 30, 2012, including $0.1 million for lease termination costs and $0.2 million for severance costs. We anticipate the severance costs and the lease termination costs will be paid within the next 12 months.

Realignment of Workforce - 2009

During 2009, we executed a restructuring plan to consolidate and streamline various functions of our workforce. As part of these consolidations, we eliminated approximately 500 positions. To date, we have recorded total severance and exit costs of $14.7 million associated with this realignment, including accelerated vesting of restricted stock with a fair market value of $0.2 million in North America. We have also recorded $5.6 million of lease termination costs associated with office locations in North America and Europe. On a segment basis, these restructuring costs totaled $13.7 million in North America, $6.0 million in Europe and $0.6 million in Asia Pacific. Our reserve for the 2009 realignment was $2.1 million at June 30, 2012, comprised primarily of lease termination costs. We anticipate these costs will be paid over the next seven years.