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Restructuring Charges
 12 Months Ended
Jun. 30, 2015
Restructuring and Related Activities [Abstract]  
Restructuring Charges
Restructuring Charges
As of June 30, 2015, restructuring liabilities were $5.9 million and consisted of obligations for termination benefits only. The restructuring liability is recorded in "Other accrued liabilities" in the consolidated balance sheets. During fiscal years 2015, 2014 and 2013, the Company recorded a restructuring charges, net of $9.8 million, $0.5 million and $6.8 million, respectively.
Fiscal 2015 Restructuring
During the fourth quarter of fiscal 2015, we reduced costs through targeted restructuring activities intended to reduce operating costs and realign our organization in the current competitive environment. We initiated a plan to reduce our worldwide headcount by more than 225 employees, primarily in sales and marketing, as well as research and development, consolidate specific global administrative functions, and shift certain operating costs to lower cost regions, among other actions. We have expensed all costs associated with this initiative. We are expecting to achieve approximately $40.0 million in operational savings on an annualized basis, beginning in the first quarter of fiscal 2016. As of June 30, 2015, the Company had restructuring liabilities of $5.9 million related to the fiscal 2015 restructuring, which it anticipates paying by the end of the second quarter of fiscal 2016.
Fiscal 2013 Restructuring
During the second quarter of fiscal 2013, the Company further reduced costs through targeted restructuring activities intended to reduce operating costs and realign its organization in the current competitive environment. As part of its restructuring efforts in the second quarter, the Company initiated a plan to reduce its worldwide headcount by 13%, consolidate specific global administrative functions, and shift certain operating costs to lower cost regions, among other actions. There are no outstanding liabilities as of June 30, 2015.
Restructuring liabilities consist of (in thousands):
 
Contract
Termination
 
Termination
Benefits
 
Other
 
Total
Balance at June 30, 2012
$
93

 
$
359

 
$
11

 
$
463

Period charges
113

 
6,293

 
719

 
7,125

Period reversals
(2
)
 
(287
)
 
—

 
(289
)
Period payments
(204
)
 
(5,148
)
 
(481
)
 
(5,833
)
Balance at June 30, 2013
$
—

 
$
1,217

 
$
249

 
$
1,466

Period charges
628

 
119

 
86

 
833

Period reversals
(11
)
 
(309
)
 
(4
)
 
(324
)
Addition from acquisition
(20
)
 
—

 
—

 
(20
)
Period payments
(275
)
 
(1,027
)
 
(331
)
 
(1,633
)
Balance at June 30, 2014
$
322

 
$
—

 
$
—

 
$
322

Period charges
 
 
9,694

 
125

 
9,819

Period payments
(322
)
 
(3,957
)
 
(8
)
 
(4,287
)
Balance at June 30, 2015
$
—

 
$
5,737

 
$
117

 
$
5,854