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ACQUISITION RELATED EXIT COSTS
6 Months Ended
Jun. 30, 2011
ACQUISITION RELATED EXIT COSTS  
ACQUISITION RELATED EXIT COSTS

5.  ACQUISITION RELATED EXIT COSTS

 

In connection with the acquisition of the Vyvx advertising services business (“Vyvx”) in June 2008 and Enliven Marketing Technologies Corporation (“Enliven”) in October 2008, we recorded exit costs related to discontinuing certain activities and personnel of the acquired operations.  Below is a rollforward of acquisition related exit costs from the acquisition dates to June 30, 2011 (in thousands):

 

 

 

Total
Amount
Expected to
be Incurred

 

Plus Interest
Accretion
and/or
Less Cash
Payments, net

 

Balance at
December 31,
2010

 

New
Charges

 

Plus Interest
Accretion
and/or Less
Cash
Payments, net

 

Balance at
June 30,
2011

 

Vyvx:

 

 

 

 

 

 

 

 

 

 

 

 

 

Office closures

 

$

3,298

 

$

(1,649

)

$

1,649

 

$

 

$

(191

)

$

1,458

 

Enliven:

 

 

 

 

 

 

 

 

 

 

 

 

 

Unfavorable contract

 

502

 

(40

)

462

 

 

(50

)

412

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

3,800

 

$

(1,689

)

$

2,111

 

$

 

$

(241

)

$

1,870

 

 

At June 30, 2011, $1.4 million and $0.5 million of such amounts are included in other non-current liabilities and accrued liabilities, respectively, in the accompanying consolidated balance sheet.  At December 31, 2010, $1.6 million and $0.5 million of such amounts are included in other non-current liabilities and accrued liabilities, respectively, in the accompanying consolidated balance sheet.