Restructuring and Other Charges

6 Months Ended

Jun. 30, 2013

Restructuring And Related Activities [Abstract]

13. RESTRUCTURING AND OTHER CHARGES

Due to the Company’s financial performance during 2012, the Company adopted a performance improvement plan in the fourth quarter of 2012 with the objective of reducing its cost structure. During the first quarter of 2013, the Company recognized the final portion of these restructuring and other charges totaling approximately $0.6 million under the caption “Selling, general and administrative expenses” in the unaudited Condensed Consolidated Statements of Comprehensive Income. The 2013 restructuring and other charges amount was allocated to the Federal and Transportation reporting segments based on direct labor and totaled $0.3 million for each of the respective segments. The Company does not anticipate incurring any additional restructuring charges related to the performance improvement plan and the remaining balance of the accrual will be paid by the first quarter of 2014.

The following represents a reconciliation of the restructuring charges that are accrued under the caption “Other accrued expenses” in the unaudited Condensed Consolidated Balance Sheet as of June 30, 2013:


(In thousands)
Balance, December 31, 2012	$	1,400

Restructuring costs		602
Less: Payments & non-cash charges		(1,576	)

Balance, June 30, 2013	$	426

- 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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