Restructuring Charges

9 Months Ended

Dec. 31, 2011

9.	Restructuring Charges

During the quarter ended December 31, 2011, we implemented a plan to restructure parts of our general and administrative organization to centralize operations as well as our international sales organization to better align our resources with forecasted sales opportunities. As a result of the restructuring program, we eliminated or moved 2 positions and expect to eliminate or move 6 to 10 additional employees. We recorded $372 thousand of restructuring charges related to severance costs to be paid to employees.

The restructuring liability consists of the following (in thousands):


	Employee Severance
Balance at March 31, 2011	$	0
Restructuring charges to operations		372
Cash payments		0

Balance at December 31, 2011	$	372

The accrual for employee related severance as of December 31, 2011 is included as accrued compensation in Company's consolidated balance sheet.

- 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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