Restructuring Charges

NOTE 14 — Restructuring Charges

In conjunction with the reorganization of our business around our global brands, and the resulting centralization of locations and brand management, marketing and administrative personnel as well as certain customer operations centers, we recognized $34 million in restructuring charges during the year ended December 31, 2009. Restructuring charges related to our brand reorganization were completed by the end of 2009.

The following table summarizes the restructuring activity for the years ended December 31, 2009, 2010 and 2011:


	Employee Severance and Benefits			Other			Total
	(In thousands)
Accrued liability as of January 1, 2009	$	—		$	—		$	—
Charges		31,018			3,150			34,168
Payments		(11,859	)		(1,203	)		(13,062	)
Non-cash items		(103	)		(629	)		(732	)

Accrued liability as of December 31, 2009		19,056			1,318			20,374
Payments		(17,346	)		(849	)		(18,195	)

Accrued liability as of December 31, 2010		1,710			469			2,179
Payments		(775	)		—			(775	)
Non-cash items		(685	)		(469	)		(1,154	)

Accrued liability as of December 31, 2011	$	250		$	—		$	250

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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