Yahoo 2012 Annual Report Download - page 116

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Year Ended
December 31,
2010
Year Ended
December 31,
2011 Year Ended December 31, 2012
Restructuring
Plans Prior
to
2012
Restructuring
Plans Prior
to
2012
Restructuring
Plans Prior
to
2012
Q2’12
Restructuring
Plan
Q4’12
Korea
Business
Closure Total
Employee severance pay and related
costs ........................ $39,652 $12,965 $1,169 $ 96,537 $ 4,998 $102,704
Non-cancelable lease, contract
terminations, and other charges . . 19,737 10,251 8,462 9,541 8,996 26,999
Other non-cash charges, net ....... 2,779 990 — 40,462 69,434 109,896
Sub-total before (reversals)
accelerations of stock-based
compensation expense ......... 62,168 24,206 9,631 146,540 83,428 239,599
(Reversals) accelerations of stock-
based compensation expense .... (4,211) 214 — (3,429) — (3,429)
Restructuring charges, net ..... $57,957 $24,420 $9,631 $143,111 $83,428 $236,170
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, 2010, 2011, and 2012,
restructuring charges, net consists of the following (in thousands):
Year Ended
December 31, 2010
Restructuring Plans
Prior to 2012
Americas ................................................................... $38,965
EMEA ..................................................................... 16,735
Asia Pacific ................................................................. 2,257
Restructuring charges, net .................................................. $57,957
Year Ended
December 31, 2011
Restructuring Plans
Prior to 2012
Americas .................................................................. $22,244
EMEA ..................................................................... 952
Asia Pacific ................................................................ 1,224
Restructuring charges, net ................................................. $24,420
Year Ended December 31, 2012
Restructuring
Plans Prior to
2012
Q2’12
Restructuring
Plan
Q4’12
Korea Business
Closure Total
Americas ..................................... $9,834 $ 92,789 $ — $102,623
EMEA ....................................... (617) 45,977 — 45,360
Asia Pacific ................................... 414 4,345 83,428 88,187
Restructuring charges, net .................... $9,631 $143,111 $83,428 $236,170
102