Restructuring and Other Charges

12 Months Ended

Apr. 29, 2011

13. Restructuring and Other Charges

Fiscal 2011 restructuring charges primarily related to charges taken as a result of the Akorri acquisition and adjustments to future lease commitments and employee severance costs associated with our fiscal 2009 restructuring plan.

Activities related to the restructuring reserves for fiscal 2011, 2010 and 2009 were as follows (in millions):


	Severance- Related Charges			Facilities			Contract Cancellation Costs			Other			Fixed Assets Write-off			Intangible Write-off			Total
Reserve balance at April 25, 2008	$	0.0		$	1.9		$	0.0		$	0.0		$	0.0		$	0.0		$	1.9
Restructuring and other charges		28.0			4.5			0.3			2.9			3.8			14.9			54.4
Cash payments		(17.6	)		(1.0	)		(0.1	)		(1.8	)		0.0			0.0			(20.5	)
Non-cash charges		0.0			0.3			0.0			0.1			(3.8	)		(14.9	)		(18.3	)
Foreign currency changes		(0.1	)		(0.2	)		0.0			0.0			0.0			0.0			(0.3	)

Reserve balance at April 24, 2009		10.3			5.5			0.2			1.2			0.0			0.0			17.2
Restructuring and other charges		0.6			1.6			(0.1	)		0.4			0.0			0.0			2.5
Cash payments		(11.1	)		(3.3	)		(0.1	)		(1.5	)		0.0			0.0			(16.0	)
Foreign currency changes		0.2			0.3			0.0			(0.1	)		0.0			0.0			0.4

Reserve balance at April 30, 2010		0.0			4.1			0.0			0.0			0.0			0.0			4.1
Restructuring and other charges		2.4			(0.6	)		0.0			0.0			0.0			0.0			1.8
Cash payments		(2.4	)		(3.5	)		0.0			0.0			0.0			0.0			(5.9	)
Foreign currency changes		0.0			0.1			0.0			0.0			0.0			0.0			0.1

Reserve balance at April 29, 2011	$	0.0		$	0.1		$	0.0		$	0.0		$	0.0		$	0.0		$	0.1

Akorri Acquisition Restructuring

In the fourth quarter of 2011, we incurred restructuring charges relating to the acquisition of Akorri. Restructuring expenses of $2.4 million were accrued for and paid out for severance-related charges during this period. As of April 29, 2011 we had approximately $0.1 million relating to abandoned lease-related restructuring reserves resulting from this acquisition.

Fiscal 2009 Restructuring Plans

In February 2009, we announced our decision to execute a worldwide restructuring program, which included a reduction in workforce, the closing or downsizing of certain facilities, and the establishment of a plan to outsource certain internal activities. In December 2008, we announced our decision to cease the development and availability of our SnapMirror^® for Open Systems product, which was originally acquired through our acquisition of Topio in fiscal 2007. As part of this decision, we also announced the closure of our engineering facility in Haifa, Israel. As of April 29, 2011, we had no further facilities-related lease payment reserves related to these activities.

Fiscal 2002 Restructuring Plan

As of April 29, 2011, we have no material balances remaining in facility restructuring reserves established as part of a restructuring plan in fiscal 2002 related to future lease commitments on exited facilities, net of expected sublease income.

The total restructuring reserve balance of $0.1 million as of April 29, 2011 was included in other current liabilities.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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