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Restructuring Costs
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9 Months Ended |
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Sep. 28, 2013
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| Restructuring And Related Activities [Abstract] | |
| Restructuring Costs |
Note 12 – Restructuring Costs The Company executed key initiatives to reduce labor costs and improve operating efficiencies in response to the challenges in the marketplace and general market conditions. In August 2012, we closed our call center in LaSalle, Illinois and reduced our workforce by 71 people resulting in severance charges of $640 recorded in marketing expense, fulfillment expense and technology expense of $396, $228 and $16, respectively. As of December 29, 2012, severance payable was $220. In the first half of 2013, we laid off 13 employees in the United States and 163 employees in the Philippines reducing our workforce by a total of 176 employees in the first quarter of 2013 and 15 employees in the second quarter of 2013. For the thirty-nine weeks ended September 28, 2013, the severance charges of approximately $723 were recorded in marketing expense, general and administrative expense, fulfillment expense and technology expense for $394, $109, $58 and $162, respectively. No severance charges were recorded in the third quarter of 2013. As of September 28, 2013, there was no severance payable and there were no adjustments made to severance payable during the thirty-nine weeks ended September 28, 2013. |
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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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