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

Annual report pursuant to Section 13 and 15(d)

RESTRUCTURING CHARGES (Tables)

RESTRUCTURING CHARGES (Tables)

12 Months Ended

Mar. 31, 2013

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs [Table Text Block]

The following summarizes the type of restructuring expense for fiscal 2013, 2012 and 2011 (in thousands):

	For the year ended March 31,
	2013		2012			2011
Severance and benefits	$	8,251	$	1,585		$	3,580
Facilities		1,920		345			(538	)
Other		—		(300	)		602
	$	10,171	$	1,630		$	3,644

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

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

	Severance and benefits			Facilities			Other			Total
Balance as of March 31, 2010	$	494		$	3,301		$	—		$	3,795
Restructuring costs		3,586			307			602			4,495
Restructuring charge reversal		(6	)		(845	)		—			(851	)
Cash payments		(1,189	)		(1,920	)		—			(3,109	)
Non-cash charges and other		—			—			(302	)		(302	)
Balance as of March 31, 2011		2,885			843			300			4,028
Restructuring costs		1,864			345			—			2,209
Restructuring charge reversal		(279	)		—			(300	)		(579	)
Cash payments		(3,181	)		(748	)		—			(3,929	)
Assumed restructuring liability		23			—			—			23
Balance as of March 31, 2012		1,312			440			—			1,752
Restructuring costs		8,815			1,920			—			10,735
Restructuring charge reversal		(564	)		—			—			(564	)
Cash payments		(6,852	)		(315	)		—			(7,167	)
Balance as of March 31, 2013	$	2,711		$	2,045		$	—		$	4,756

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):

Estimated timing of future payouts:
Fiscal 2014	$	2,711	$	310	$	—	$	3,021
Fiscal 2015 to 2019		—		1,735		—		1,735
	$	2,711	$	2,045	$	—	$	4,756

- 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