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

Quarterly report pursuant to Section 13 or 15(d)

RESTRUCTURING CHARGES (Tables)

RESTRUCTURING CHARGES (Tables)

3 Months Ended

Jun. 30, 2017

Restructuring and Related Activities [Abstract]

The following summarizes the type of restructuring costs, included in operating expense, for the three months ended June 30, 2017 and June 30, 2016 (in thousands):



	Three Months Ended
	June 30, 2017		June 30, 2016
Severance and benefits	$	1,570	$	1,489
Facilities	756		563
Other	9		—
	$	2,335	$	2,052

Activity for accrued restructuring charges

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




	Three Months Ended June 30, 2017
	Severance and Benefits			Facilities			Total
Balance as of March 31, 2017	$	130		$	1,220		$	1,350
Restructuring costs	1,570			—			1,570
Adjustment of prior estimates	—			756			756
Cash payments	(472		)	(411		)	(883		)
Balance as of June 30, 2017	$	1,228		$	1,565		$	2,793




	Three Months Ended June 30, 2017
	Severance and Benefits			Facilities			Total
Balance as of March 31, 2016	$	354		$	2,383		$	2,737
Restructuring costs	1,489			426			1,915
Adjustment of prior estimates	—			179			179
Cash payments	(1,029		)	(339		)	(1,368		)
Balance as of June 30, 2016	$	814		$	2,649		$	3,463

Estimated timing of future payouts for accrued restructuring charges



	As of June 30, 2017
	Severance and Benefits		Facilities		Total
Estimated timing of future payouts:
Next twelve months	$	1,228	$	1,022	$	2,250
July 2018 through June 2022	—		543		543
	$	1,228	$	1,565	$	2,793