Quantum Corporation Annual report pursuant to Section 13 and 15(d)

RESTRUCTURING CHARGES (Tables)

12 Months Ended

Mar. 31, 2016

The following summarizes the type of restructuring expense for fiscal 2016, 2015 and 2014 (in thousands):



	For the year ended March 31,
	2016		2015		2014
Restructuring expense related to cost of revenue	$	—	$	—	$	539
Restructuring expense in operating expense	4,006		1,666		10,675
	$	4,006	$	1,666	$	11,214

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



	Severance and benefits			Facilities			Other			Total
Balance as of March 31, 2013	$	2,711		$	2,045		$	—		$	4,756
Restructuring costs	7,522			4,392			772			12,686
Adjustments of prior estimates	(1,383		)	(89		)	—			(1,472		)
Cash payments	(7,276		)	(607		)	(702		)	(8,585		)
Other non-cash	—			983			—			983
Balance as of March 31, 2014	1,574			6,724			70			8,368
Restructuring costs	749			1,680			13			2,442
Adjustments of prior estimates	(343		)	(430		)	(3		)	(776		)
Cash payments	(1,791		)	(3,617		)	(80		)	(5,488		)
Other non-cash	—			300			—			300
Balance as of March 31, 2015	189			4,657			—			4,846
Restructuring costs	2,266			656			—			2,922
Adjustments of prior estimates	27			1,057			—			1,084
Cash payments	(2,128		)	(4,087		)	—			(6,215		)
Other non-cash	—			100			—			100
Balance as of March 31, 2016	$	354		$	2,383		$	—		$	2,737



Estimated timing of future payouts:	Severance and benefits		Facilities		Total
Fiscal 2017	$	220	$	1,401	$	1,621
Fiscal 2018 to 2022	134		982		1,116
	$	354	$	2,383	$	2,737