Quarterly report pursuant to Section 13 or 15(d)

RESTRUCTURING CHARGES

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RESTRUCTURING CHARGES
 3 Months Ended
Jun. 30, 2013
RESTRUCTURING CHARGES [Abstract]  
RESTRUCTURING CHARGES

NOTE 7 RESTRUCTURING CHARGES

In the first quarter of fiscal 2014, restructuring actions were primarily the result of strategic management decisions to outsource our manufacturing operations and further consolidate production and service activities. We had no restructuring expense in the first quarter of fiscal 2013. The types of restructuring expense for the three months ended June 30, 2013 were (in thousands):

    Three Months Ended
        June 30, 2013       June 30, 2012
Severance and benefits   $ 2,483   $ -
Facilities     76     -
    $ 2,559   $ -

Accrued Restructuring

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

    Three Months Ended June 30, 2013
        Severance
and Benefits		       Facilities       Total
Balance as of March 31, 2013   $      2,711     $      2,045     $      4,756  
       Restructuring costs     3,036       76       3,112  
       Restructuring charge reversal     (553 )     -       (553 )
       Cash payments     (1,429 )     (110 )     (1,539 )
Balance as of June 30, 2013   $ 3,765     $ 2,011     $ 5,776  

        Severance
and Benefits		       Facilities       Total
Estimated timing of future payouts:                  
       Next twelve months   $      3,765   $      352   $      4,117
       July 2014 through February 2021     -     1,659     1,659
    $ 3,765   $ 2,011   $ 5,776

As noted above, the $3.0 million severance and benefit restructuring costs during the first quarter of fiscal 2013 were the result of deciding to outsource our manufacturing operations and further consolidate production and service activities. The restructuring charge reversal during the first quarter of fiscal 2014 was due to retaining certain positions and employees transferring from eliminated positions to fill other staffing needs. The $1.7 million of facility restructuring lease payments scheduled to occur between July 2014 and February 2021 is included in other long-term liabilities in the Condensed Consolidated Balance Sheets.