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See Note 4—“Investments in Equity Interests” for additional information related to transactions involving Yahoo
Japan and Alibaba Group.
Note 15 R
ESTRUCTURING
C
HARGES
,N
ET
Restructuring charges, net consists of costs associated with the six restructuring activities initiated in 2009, 2010,
and 2011. It includes employee severance pay and related costs, accelerations and reversals of stock-based
compensation expense, facility restructuring costs, and other non-cash charges associated with the exit of
facilities, as well as reversals of restructuring charges arising from changes in estimates.
For the years ended December 31, 2009, 2010, and 2011, restructuring charges, net was comprised of the
following (in thousands):
Years Ended December 31,
2009 2010 2011
Employee severance pay and related costs .............................. $ 48,696 $39,652 $12,965
Non-cancelable lease, contract terminations, and other charges .............. 59,285 19,737 10,251
Other non-cash charges ............................................. 7,858 2,779 990
Sub-total before accelerations (reversals) of stock-based compensation
expense .................................................... 115,839 62,168 24,206
Accelerations (reversals) of stock-based compensation expense .............. 11,062 (4,211) 214
Restructuring charges, net ....................................... $126,901 $57,957 $24,420
Although the Company does not allocate restructuring charges to its segments, the amounts of the restructuring
charges relating to each segment are presented below. For the years ended December 31, 2009, 2010, and 2011,
restructuring charges, net consists of the following (in thousands):
Year Ended December 31, 2009
Q408
Restructuring
Plan
Q209
Restructuring
Plan
Q409
Restructuring
Charges Total
Americas ...................................... $63,247 $19,289 $18,390 $100,926
EMEA ........................................ 2,171 6,276 15,823 24,270
Asia Pacific ................................... — 1,211 494 1,705
Restructuring charges, net .................... $65,418 $26,776 $34,707 $126,901
Year Ended December 31, 2010
Q408
Restructuring
Plan
Q209
Restructuring
Plan
Q409
Restructuring
Charges
Q410
Restructuring
Plan Total
Americas ........................... $18,657 $(151) $ — $20,459 $38,965
EMEA ............................. 827 32 1,811 14,065 16,735
Asia Pacific ......................... — — — 2,257 2,257
Restructuring charges, net ......... $19,484 $(119) $1,811 $36,781 $57,957
Year Ended December 31, 2011
Q408
Restructuring
Plan
Q409
Restructuring
Charges
Q410
Restructuring
Plan
Q111
Restructuring
Plan
Q411
Restructuring
Plan Total
Americas ..................... $5,363 $ — $(2,934) $10,887 $ 8,928 $22,244
EMEA ....................... 461 (1,583) (55) 533 1,596 952
Asia Pacific ................... — — 108 266 850 1,224
Restructuring charges, net . . . $5,824 $(1,583) $(2,881) $11,686 $11,374 $24,420
107