Restructuring Charges
6 Months Ended
Jun. 30, 2012
Restructuring Charges [Abstract]  
RESTRUCTURING CHARGES

NOTE 9—RESTRUCTURING CHARGES

In connection with the acquisition of NetQuote Holdings, Inc. (“NetQuote”), CreditCards.com, Inc. (“CreditCards”) and certain assets of InsWeb Corporation (“InsWeb”), the Company adopted a restructuring plan to achieve cost synergies. Accrued severance and related costs were approximately $25,000 and $1.0 million at June 30, 2012 and December 31, 2011, respectively, and is included within accrued expenses on the accompanying condensed consolidated balance sheets.

 

The restructuring charges and their utilization are summarized as follows:

 

         
(In thousands)      

Balance at December 31, 2011

  $ 1,011  

Restructuring charges

    —    

Utilized

    (637 ) 
   

 

 

 

Balance at March 31, 2012

  $ 374  

Restructuring charges

    —    

Utilized

    (349 ) 
   

 

 

 

Balance at June 30, 2012

  $ 25  
   

 

 

 

 

         
(In thousands)      

Balance at December 31, 2010

  $ 369  

Restructuring charges

    —    

Utilized

    (200 ) 
   

 

 

 

Balance at March 31, 2011

  $ 169  

Restructuring charges

    238  

Utilized

    (45 ) 
   

 

 

 

Balance at June 30, 2011

  $ 362