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)

9 Months Ended

Dec. 31, 2012

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs [Table Text Block]

In fiscal 2012 and 2013, restructuring actions to consolidate operations supporting the business were the result of strategic management decisions. The types of restructuring expense for the three and nine months ended December 31, 2012 and December 31, 2011 were (in thousands):

	Three Months Ended				Nine Months Ended
	December 31, 2012		December 31, 2011		December 31, 2012		December 31, 2011
By expense (benefit) type
Severance and benefits	$	6,363	$	—	$	6,363	$	375
Facilities		239		—		239		324
Other		—		—		—		(300	)
Total	$	6,602	$	—	$	6,602	$	399

Schedule of Restructuring Reserve by Type of Cost [Table Text Block]

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

	Three Months Ended December 31, 2012
	Severance and Benefits			Facilities			Total
Balance as of September 30, 2012	$	677		$	247		$	924
Restructuring costs		6,363			239			6,602
Cash payments		(2,514	)		(77	)		(2,591	)
Balance as of December 31, 2012	$	4,526		$	409		$	4,935

	Nine Months Ended December 31, 2012
	Severance and Benefits			Facilities			Total
Balance as of March 31, 2012	$	1,312		$	440		$	1,752
Restructuring costs		6,363			239			6,602
Cash payments		(3,149	)		(270	)		(3,419	)
Balance as of December 31, 2012	$	4,526		$	409		$	4,935

Schedule Of Estimated Future Payouts For Accrued Restructuring [Table Text Block]

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


	As of December 31, 2012
	Severance and Benefits		Facilities		Total
Estimated timing of future payouts:
Fiscal 2013	$	2,861	$	32	$	2,893
Fiscal 2014 to 2019		1,665		377		2,042
	$	4,526	$	409	$	4,935

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

+ References + Details

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References + Details