Restructuring

6 Months Ended

Jun. 30, 2011

Note 10 — Restructuring

In January 2011, we initiated a reduction in force program to gain operating efficiencies by reorganizing departments and reducing layers of management. The reduction in force program reduced our workforce by approximately 7%. As a result of this action and our previous restructuring and reduction in force initiatives, we incurred nominal costs during the three months ended June 30, 2011 and $1.2 million of costs during the six months ended June 30, 2011, of which the entire $1.2 million was related to our Hospitality and Advertising Services businesses. During the three and six months ended June 30, 2010, we incurred $0.2 million of costs. All costs are included in operating expenses on the Consolidated Statements of Operations.

Liabilities associated with our restructuring activities to date, along with charges to expense and cash payments, were as follows (dollar amounts in thousands):


				Cost of closing
	Severance and			redundant
	other benefit			acquired
	related costs			facilities			Total
December 31, 2010 balance	$	35		$	137		$	172
Charges to expense		1,102			62			1,164
Cash payments		(1,010	)		(146	)		(1,156	)

June 30, 2011 balance	$	127		$	53		$	180

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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