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Restructuring Costs
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12 Months Ended |
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Dec. 29, 2012
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| Restructuring Costs [Abstract] | |
| Restructuring Costs |
Note 13 – Restructuring Costs In August 2012, we executed key initiatives to reduce labor costs and improve operating efficiencies in response to the challenges in the marketplace and general market conditions. We closed our call center in La Salle, Illinois and reduced our workforce by 71 people resulting in severance charges of approximately $640,000 recorded in marketing expense, fulfillment expense and technology expense of $396,000, $228,000 and $16,000, respectively. In relation to this closure, we did not incur additional charges subsequent to the third quarter of 2012. As of December 29, 2012, severance payable was $220,000. For fiscal year 2011, related to our WAG acquisition, the Company incurred acquisition and integration related costs of $7.4 million, which were recorded in general and administrative expenses (refer to “Note 5 – Business Combination” for additional details).
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- 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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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