Nautilus 2009 Annual Report Download - page 49

Table of Contents
Following is a summary of expenses associated with the aforementioned restructuring activities, included in “Restructuring”in the Company’s
Consolidated Statements of Operations:
The following table summarizes liabilities for exit costs related to restructuring activities, included in “Accrued liabilities” and “Other long-term
liabilities” in our consolidated balance sheets:
(4) TRADE RECEIVABLES
Activity related to our allowance for doubtful trade receivables is as follows:
(5) INVENTORIES
45
(In thousands)
2009
2008
Employee termination severance costs
$
563
$
4,813
Facility lease termination costs
2,101
240
Abandoned leasehold improvements
8,028
—
Abandoned information technology software and related service agreements
1,799
—
Abandoned creative media assets
—
470
Termination of agreement to acquire manufacturing operation in China
—
8,000
Contract termination costs
939
350
Other
721
65
$
14,151
$
13,938
(In thousands)
Severance and
Benefits
Facilities
and
other
Leases
Total
Liabilities
Balance as of January 1, 2008
$
—
$
—
$
—
Accruals
4,662
697
5,359
Payments
(2,978
)
(697
)
(3,675
)
Balance as of December 31, 2008
1,684
—
1,684
Accruals
563
5,230
5,793
Payments
(1,884
)
(3,530
)
(5,414
)
Balance as of December 31, 2009
$
363
$
1,700
$
2,063
(In thousands)
Balance at
Beginning
of Year
Charged to
Costs and
Expenses
Deductions*
Balance at
End of
Year
Allowance for doubtful accounts:
2009
$
6,602
$
1,315
$
(3,757
)
$
4,160
2008
4,490
4,761
(2,649
)
6,602
*
Deductions consist of amounts written off against the allowance, net of recoveries.
December 31,
(In thousands) 2009 2008
Finished goods
$
11,850
$
29,541
Work
-
in
-
process
—
1,147
Parts and components
1,269
5,834
Raw materials
—
7,280
$
13,119
$
43,802