Quarterly report pursuant to Section 13 or 15(d)

RESTRUCTURING CHARGES (Tables)

v2.4.0.8
RESTRUCTURING CHARGES (Tables)
9 Months Ended
Dec. 31, 2013
RESTRUCTURING CHARGES [Abstract]  
Schedule of Restructuring and Related Costs

The types of restructuring expense for the three and nine months ended December 31, 2013 and December 31, 2012 were (in thousands):

    Three Months Ended   Nine Months Ended
        December 31,
2013
      December 31,
2012
      December 31,
2013
      December 31,
2012
By expense type                        
Severance and benefits   $ 1,645   $ 6,363   $ 4,236   $ 6,363
Facilities     41     239     129     239
Other     360     -     537     -
Total   $ 2,046   $ 6,602   $ 4,902   $ 6,602
Schedule of Restructuring Reserve by Type of Cost

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

    Three Months Ended December 31, 2013
    Severance
and Benefits
  Facilities   Other   Total
Balance as of September 30, 2013       $ 3,125         $ 1,896         $ 87         $ 5,108  
       Restructuring charges     1,834       41       360       2,235  
       Restructuring charges reversal     (189 )     -       -       (189 )
       Cash payments     (1,659 )     (130 )     (307 )     (2,096 )
Balance as of December 31, 2013   $       3,111     $       1,807     $       140     $       5,058  
 
    Nine Months Ended December 31, 2013
    Severance
and Benefits
  Facilities   Other   Total
Balance as of March 31, 2013   $ 2,711     $ 2,045     $ -     $ 4,756  
       Restructuring charges     5,373       129       537       6,039  
       Restructuring charges reversal     (1,137 )     -       -       (1,137 )
       Cash payments     (3,836 )     (367 )     (397 )     (4,600 )
Balance as of December 31, 2013   $ 3,111     $ 1,807     $ 140     $ 5,058
Schedule of Estimated Future Payouts for Accrued Restructuring
    As of December 31, 2013
    Severance
and Benefits
  Facilities   Other   Total
Estimated timing of future payouts:                                
       Next twelve months   $ 3,111   $ 303   $ 140   $ 3,554
       January 2015 through February 2021     -     1,504     -     1,504
    $ 3,111   $ 1,807   $ 140   $ 5,058