Restructuring Expenses

9 Months Ended

Sep. 30, 2011

Restructuring Expenses [Abstract]

Restructuring Expenses

18. Restructuring Expenses

On July 19, 2011, we announced that our Chicago facility would be permanently closed as of September 30, 2011. In addition, we had a small reduction of headcount in other areas of the Company. Subsequent to September 30, 2011, but before the filing of this Form 10-Q, we announced a material Restructuring Plan that was approved by our Board of Directors on October 18, 2011. Since the charges for the Restructuring Plan approved on October 18, 2011 are material, we chose to start reporting these types of expenses for the period ended September 30, 2011, although the actual expenses incurred prior to September 30, 2011 were immaterial.

The following is the activity in our restructuring liability account for the period ended September 30, 2011 (in thousands):

	June 30, 2011									September 30, 2011
	Balance		Provision		Usage			Reclass		Balance
One-time employee termination benefits	$	—	$	410	$	(68	)	$	—	$	342
Lease/rental terminations		—		383		—			—		383
Relocation, move, other expenses		—		191		(191	)		9		9
Total	$	—	$	984	$	(259	)	$	9	$	734

The Restructuring Plan approved on October 18, 2011 involves a realignment of organizational structures, facility consolidations/closures and headcount reductions that will amount to approximately 20% of the Company’s worldwide workforce. The Restructuring Plan is expected to be implemented primarily during the fourth quarter of the Company’s 2011 fiscal year. Although estimates are subject to change as additional information becomes available, the Company currently expects that implementation of the Restructuring Plan will result in special charges totaling approximately $2.0-2.5 million which will be recorded during the fourth quarter of 2011. These charges will be primarily for severance costs for affected employees, which are estimated at approximately $1.5-2.0 million. Of the total charges, all but approximately $0.4 million will be cash expenditures. Of the cash expenditures, all but approximately $0.4 million are expected to be paid out in the fourth quarter.