Cincinnati Bell 2012 Annual Report Download - page 189
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Form 10-K Part II Cincinnati Bell Inc.
The IT Services and Hardware segment provides a range of fully managed and outsourced IT and
telecommunications services along with the sale, installation, and maintenance of major branded IT and
telephony equipment. During 2011 and 2010, the IT Services and Hardware segment incurred employee
separation charges of $1.9 million and $2.8 million, respectively, associated with the elimination of certain
functions due to product consolidation and integration within the Wireline segment. In 2012, the IT Services and
Hardware segment reversed restructuring costs of $1.2 million due to changes in estimates of liabilities that had
been accrued for in the prior year.
Corporate operating results include transaction costs of $6.3 million in 2012, $2.6 million in 2011, and $9.1
million in 2010. Corporate reversed restructuring costs of $1.0 million in 2012 and recognized restructuring
charges of $2.6 million and $0.3 million in 2011 and 2010, respectively.
115
Form 10-K