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

RESTRUCTURING CHARGES (Tables)

6 Months Ended

Sep. 30, 2017

The following summarizes the type of restructuring costs included in operating expense (in thousands):

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




	Three Months Ended September 30, 2017									Three Months Ended September 30, 2016
	Severance and Benefits			Facilities			Total			Severance and Benefits			Facilities			Total
Beginning balance	$	1,228		$	1,565		$	2,793		$	814		$	2,649		$	3,463
Restructuring costs	—			—			—			—			54			54
Adjustment of prior estimates	(35		)	20			(15		)	(39		)	—			(39		)
Cash payments	(473		)	(138		)	(611		)	(635		)	(325		)	(960		)
Ending balance	$	720		$	1,447		$	2,167		$	140		$	2,378		$	2,518




	Six Months Ended September 30, 2017									Six Months Ended September 30, 2016
	Severance and Benefits			Facilities			Total			Severance and Benefits			Facilities			Total
Beginning balance	$	130		$	1,220		$	1,350		$	354		$	2,383		$	2,737
Restructuring costs	1,570			—			1,570			1,489			480			1,969
Adjustment of prior estimates	(35		)	776			741			(39		)	179			140
Cash payments	(945		)	(549		)	(1,494		)	(1,664		)	(664		)	(2,328		)
Ending balance	$	720		$	1,447		$	2,167		$	140		$	2,378		$	2,518



	As of September 30, 2017
	Severance and Benefits		Facilities		Total
Estimated timing of future payouts:
Next twelve months	$	720	$	1,024	$	1,744
October 2018 through Sept 2022	—		423		423
	$	720	$	1,447	$	2,167