Quantum Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

RESTRUCTURING CHARGES

RESTRUCTURING CHARGES

3 Months Ended

Jun. 30, 2015

Restructuring and Related Activities [Abstract]

The types of restructuring expense for the three months ended June 30, 2015 and June 30, 2014 were (in thousands):



	Three Months Ended
	June 30, 2015		June 30, 2014
Severance and benefits	$	72	$	125
Facilities	186		727
Other	—		13
Total	$	258	$	865

For the first quarter of fiscal 2016, restructuring charges were primarily due to facilities costs incurred as a result of further consolidating our facilities in the U.S. For the first quarter of fiscal 2015, restructuring charges were primarily the result of further consolidating a facility previously used by our manufacturing and service operations.

Accrued Restructuring

The following tables show the activity and the estimated timing of future payouts for accrued restructuring (in thousands):



	Three Months Ended June 30, 2015
	Severance and Benefits			Facilities			Total
Balance as of March 31, 2015	$	189		$	4,657		$	4,846
Restructuring costs	103			299			402
Restructuring charge reversal	(31		)	(113		)	(144		)
Cash payments	(159		)	(1,433		)	(1,592		)
Other non-cash	—			43			43
Balance as of June 30, 2015	$	102		$	3,453		$	3,555



	As of June 30, 2015
	Severance and Benefits		Facilities		Total
Estimated timing of future payouts:
Next twelve months	$	2	$	2,672	$	2,674
July 2016 through December 2021	100		781		881
	$	102	$	3,453	$	3,555

Facility restructuring accruals will be paid in accordance with the respective facility lease terms and amounts above are net of estimated sublease amounts.