This excerpt taken from the PGI 10-Q filed Oct 14, 2008.
In 2007, we executed a restructuring plan to consolidate our non-Conferencing & Collaboration Solutions service delivery organizations. As part of this consolidation, we eliminated 84 positions. We incurred approximately $4.1 million in severance costs associated with the elimination of these positions and $0.1 million of lease termination costs associated with our Paris, France office. On a segment basis, these restructuring costs were $1.1 million in North America, $2.7 million in Europe and $0.4 million in Asia Pacific. During the three months ended March 31, 2008, we paid approximately $0.6 million related to these severance and exit costs. Our reserve for the 2007 restructuring costs was approximately $0.2 million at March 31, 2008. We anticipate the remaining costs to be paid during 2008.