XML 40 R42.htm IDEA: XBRL DOCUMENT v2.4.0.8
RESTRUCTURING COSTS (Tables)
3 Months Ended
Mar. 31, 2014
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Reserve by Type of Cost
2014 Initiatives
In 2014, we undertook further restructuring actions as our new station management teams seek to optimize their cost base across all departments (the "2014 Initiatives"). We expect to incur total restructuring charges, primarily employee termination benefits, under the 2014 Initiatives of US$ 8.0 million, and expect to complete actions by the end of 2014.
Information relating to restructuring by type of cost is as follows:
 
Segment Reorganization Plan
 
2014 Initiatives
 
 
 
Employee Termination Costs

 
Other Exit Costs

 
Total

 
Employee Termination Costs

 
Other Exit Costs

 
Total

 
Grand
Total

BALANCE December 31, 2013
$
2,674

 
$
631

 
$
3,305

 
$

 
$

 
$

 
$
3,305

Costs incurred

 

 

 
5,865

 
61

 
5,926

 
5,926

Cash paid
(1,438
)
 
(13
)
 
(1,451
)
 
(2,594
)
 

 
(2,594
)
 
(4,045
)
Accrual reversal

 
(560
)
 
(560
)
 

 

 

 
(560
)
Foreign currency movements
9

 
2

 
11

 

 

 

 
11

BALANCE March 31, 2014
$
1,245

 
$
60

 
$
1,305

 
$
3,271

 
$
61

 
$
3,332

 
$
4,637

Schedule of Restructuring and Related Costs
A summary of restructuring charges for the three months ended March 31, 2014 by operating segment is as follows:
 
For the Three Months Ended March 31, 2014
 
Employee Termination Costs

 
Other Exit Costs

 
Accrual Reversal

 
Total

Bulgaria
$
3,317

 
$
42

 
$

 
$
3,359

Czech Republic
440

 

 

 
440

Romania
1,747

 

 

 
1,747

Slovak Republic
361

 
19

 
(560
)
 
(180
)
Total restructuring costs
$
5,865

 
$
61

 
$
(560
)
 
$
5,366