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This excerpt taken from the CCO 8-K filed Dec 11, 2009. NOTE D — RESTRUCTURING The following table summarizes the activities during 2007 and 2006 related to the Company’s restructuring accruals. The activity during 2008 and the remaining accrual as of December 31, 2008 were immaterial. (In thousands)
In the third quarter of 2005, the Company’s International segment restructured its operations in France. As a result, the Company recorded $26.6 million in restructuring costs as a component of selling, general and administrative expenses; $22.5 million was related to severance costs and $4.1 million was related to other costs. At December 31, 2008, the remaining accrual was immaterial. The Company has a restructuring liability related to Clear Channel Communications’ merger with Ackerley in June 2002. At December 31, 2008, the remaining accrual was immaterial. This excerpt taken from the CCO DEF 14A filed Apr 30, 2009. NOTE D — RESTRUCTURING The following table summarizes the activities during 2007 and 2006 related to the Company’s restructuring accruals. The activity during 2008 and the remaining accrual as of December 31, 2008 were immaterial.
In the third quarter of 2005, the Company’s International segment restructured its operations in France. As a result, the Company recorded $26.6 million in restructuring costs as a component of selling, general and administrative expenses; $22.5 million was related to severance costs and $4.1 million was related to other costs. At December 31, 2008, the remaining accrual was immaterial. The Company has a restructuring liability related to Clear Channel Communications’ merger with Ackerley in June 2002. At December 31, 2008, the remaining accrual was immaterial. These excerpts taken from the CCO 10-K filed Mar 2, 2009. NOTE D — RESTRUCTURING The following table summarizes the activities during 2007 and 2006 related to the Company’s restructuring accruals. The activity during 2008 and the remaining accrual as of December 31, 2008 were immaterial.
In the third quarter of 2005, the Company’s International segment restructured its operations in France. As a result, the Company recorded $26.6 million in restructuring costs as a component of selling, general and administrative expenses; $22.5 million was related to severance costs and $4.1 million was related to other costs. At December 31, 2008, the remaining accrual was immaterial. The Company has a restructuring liability related to Clear Channel Communications’ merger with Ackerley in June 2002. At December 31, 2008, the remaining accrual was immaterial. NOTE D — RESTRUCTURING SIZE="2">The following table summarizes the activities during 2007 and 2006 related to the Company’s restructuring accruals. The activity during 2008 and the remaining accrual as of December 31, 2008 were immaterial.
In the third quarter of 2005, the Company’s International segment restructured its operations in France. As a The Company has a restructuring liability related to Clear Channel Communications’ merger with Ackerley in June | EXCERPTS ON THIS PAGE:
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