(13) Restructuring Costs

9 Months Ended

Sep. 30, 2013

Restructuring and Related Activities [Abstract]

(13) Restructuring Costs

From time to time, the Company has undertaken restructuring and expense control measures to support its business performance and to align the Company’s cost structure with its resources. In the third quarter of 2013, the Company adopted a restructuring plan intended to better align the Company’s cost structure with the skills and resources required to more effectively execute the Company’s long-term growth strategy and to support revenue levels we expect to achieve on a go forward basis. In connection with the 2013 Plan the Company plans to eliminate over 100 positions worldwide, implement tighter expense controls, cease non-core activities and close several facilities. The 2013 Plan is expected to be completed during the first half of 2014. As of September 30, 2013 the Company had eliminated 75 positions worldwide. The total amount incurred under the 2013 Plan, during the third quarter, was $2.3 million of which $1.3 million was paid during the third quarter of 2013. This is an ongoing initiative and the Company expects to incur additional restructuring costs during the fourth quarter of 2013 and into the first half of 2014

In July 2012, the Company undertook certain restructuring activities that included a workforce reduction of approximately 35 positions worldwide (the “2012 Plan”). These actions were intended to better align the Company’s cost structure with the skills and resources required to more effectively execute the Company’s long-term growth strategy and to support the anticipated revenue levels we expect to achieve on a go forward basis. The total amount incurred with respect to severance under the 2012 Plan was $0.8 million. Actions under the 2012 Plan were substantially completed during the third quarter of 2012.

Accrued restructuring costs associated with the 2013 and 2012 Plans are as follows:

	Reconciliation of Aggregate Liability Recorded for
	Restructuring Costs Under the 2013 Plan
	December 31,		Utilization/	September 30,
	2012	Provisions	Payments	2013
Severance related costs	$                      -	$        2,212,769	$        1,346,215	$           866,554
Facility and other costs	-	78,062	25,289	52,773
Total Restructuring Costs	$                      -	$        2,290,831	$        1,371,504	$           919,327

	Reconciliation of Aggregate Liability Recorded for
	Restructuring Costs Under the 2012 Plan
	December 31,			September 30,
	2012	Provisions	Payments	2013
Severance related costs	$                  478	$                      -	$                  478	$                      -

The severance related liabilities and facility abandonment liabilities are included within “accrued expenses” in the accompanying condensed consolidated balance sheets. The expenses under the 2013 Plan and the 2012 Plan are included within “restructuring costs” in the accompanying condensed consolidated statements of operations. The accrued payments remaining under the 2013 Plan are expected to be paid at various times throughout the fourth quarter of 2013 and the first half of 2014. There were no remaining payments under the 2012 Plan as of September 30, 2013.