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Table of Contents
UNITED ONLINE, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
12. RESTRUCTURING AND OTHER EXIT COSTS
Restructuring and other exit costs were as follows (in thousands):
In the year ended December 31, 2009, the Company recorded $2.1 million and $1.4 million of restructuring and other exit costs related to
employee terminations in the Content & Media and Communications segments, respectively.
In the year ended December 31, 2010, the Company recorded $1.6 million of restructuring and other exit costs related to the closure of
certain call center facilities in the FTD segment, including employee termination costs, facility closure and relocation costs, and contract
termination costs. Additionally, in the year ended December 31, 2010, the Company recorded $1.3 million of restructuring and other exit costs
related to employee terminations in the Communications segment.
In the year ended December 31, 2011, the Company recorded $1.6 million, $1.2 million and $0.9 million of restructuring and other exit
costs related to employee terminations in the Content & Media, Communications and FTD segments, respectively, as well as $1.8 million of
restructuring and other exit costs related to the departure of the Company's former chief financial officer. In addition, the Company recorded
$0.2 million of restructuring and other exit costs related to contract termination and facility closure costs in the Communications segment.
F-40
Employee
Termination
Costs
Facility Closure
and
Relocation Costs
Contract
Termination
Costs Total
Accrued restructuring and other exit costs
at January 1, 2009
$
—
$
—
$
—
$
—
Restructuring and other exit costs
3,494
—
—
3,494
Cash paid for restructuring and other
exit costs
(3,330
)
—
—
(
3,330
)
Accrued restructuring and other exit costs
at December 31, 2009
164
—
—
164
Restructuring and other exit costs
1,617
898
300
2,815
Cash paid for restructuring and other
exit costs
(628
)
(630
)
(285
)
(1,543
)
Other
(71
)
108
(15
)
22
Accrued restructuring and other exit costs
at December 31, 2010
1,082
376
—
1,458
Restructuring and other exit costs
5,460
56
161
5,677
Cash paid for restructuring and other
exit costs
(2,391
)
(418
)
(114
)
(2,923
)
Other
—
(
14
)
(47
)
(61
)
Accrued restructuring and other exit costs
at December 31, 2011
$
4,151
$
—
$
—
$
4,151