XML 16 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Restructuring Charges
6 Months Ended
Jun. 30, 2013
Restructuring Charges  
Restructuring Charges

10.  Restructuring Charges

 

In November 2011, we announced a workforce cost reduction program across all of our business segments as a first step in a broader overall profit improvement initiative. These actions were the result of a review of our cost structure aimed at identifying ways to reduce our on-going operating costs and to adjust the size of our workforce to be consistent with then current and expected activity levels. A significant portion of the workforce cost reduction program was completed in 2011, with the remainder completed in 2012.

 

During the six months ended June 30, 2012, we incurred $4.3 million of restructuring charges primarily related to termination benefits and consulting services. These charges are reflected as restructuring charges in our condensed consolidated statements of operations.