Citrix 2009 Annual Report Download - page 119
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CITRIX SYSTEMS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(2) Datacenter and Cloud Solutions revenues are primarily comprised of sales from the Company’s application
networking products, NetScaler, Access Gateway and Branch Repeater and the Company’s server
virtualization products, essentials for XenServer and Hyper-V.
13. RESTRUCTURING
During the first quarter of 2009, the Company announced a restructuring program and reduced its headcount
by approximately 450 full-time positions. The restructuring program was completed in 2009.
Restructuring charges related to the reduction of the Company’s headcount and non-cancelable lease costs
related to the consolidation and exiting of excess facilities by segment consists of the following for the year
ended (in thousands):
2009
Americas ........................................................................... $16,385
EMEA ............................................................................. 7,458
Asia-Pacific ........................................................................ 1,617
Online Services division ............................................................... 1,013
Total restructuring charges ............................................................. $26,473
Restructuring accruals
As of December 31, 2009, the $3.5 million in outstanding restructuring liability primarily relates to
non-cancelable lease costs related to the consolidation of excess facilities that the Company expects to pay over
the lives of the related obligations through fiscal 2012.
The activity in the Company’s restructuring accruals for the year ended December 31, 2009 is summarized
as follows (in thousands):
Total
Balance at January 1, 2009 ............................................................ $ —
Employee severance and related costs ................................................... 21,634
Non-cancelable lease costs and other charges ............................................. 3,977
Impairment of tenant improvement, furniture, and fixed assets ................................ 862
Payments .......................................................................... (22,981)
Reversal of previous charges .......................................................... —
Balance at December 31, 2009 ......................................................... $ 3,492
As of December 31, 2009, restructuring accruals by segment consisted of the following (in thousands):
Total
Americas ............................................................................ $3,153
EMEA .............................................................................. 135
Asia-Pacific ......................................................................... —
Online services division ................................................................ 204
Total restructuring accruals ............................................................. $3,492
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