RESTRUCTURING

During fiscal 2012, the Company's restructuring activities primarily consist of reorganization within our research and development, manufacturing and software operations. Employee-related costs primarily consist of employee severance and benefits. Facility-related costs primarily consist of charges associated with closing facilities, related lease obligations, and other related costs.

For fiscal 2012, the Company incurred $5.9 million of restructuring charges. Restructuring expenses have been primarily included as a component of selling, general and administrative expense in the accompanying statements of income.

On April 1, 2010, our Board of Directors approved transformation and restructuring plans, which include the integration of Global Med Technologies, Inc. During fiscal 2011, in addition to the costs in the below table and as part of our approved transformation and restructuring plans, we incurred the following expenses:


•	Stock compensation expense of $1.7 million resulting from the acceleration of unvested stock options in accordance to terms of an employment contract for an employee. This expense is included as part of our restructuring charges and reflected in our consolidated statement of income as selling, general and administrative expense for the fiscal year ended April 2, 2011.


•	$2.1 million of integration costs related to the Global Med acquisition.

During fiscal 2010, in connection with the transformation plan, we had an asset write down of $15.7 million related to the abandonment of our next generation platelet apheresis platform and our blood center donation management software, as well as $8.6 million in transformation costs related to the separation of employees and reflected in our consolidated statement of income as selling, general and administrative expense.

The following summarizes the restructuring activity for the fiscal year ended March 31, 2012, April 2, 2011, and April 3, 2010, respectively:



(In thousands)	Balance at April 2, 2011		Cost Incurred		Payments			Asset Write down		Restructuring Accrual Balance at March 31, 2012
Employee-related costs	$	2,782	$	4,112	$	(5,433	)	$	—	$	1,461
Facility related costs	889		1,746		(2,102		)	—		533
	$	3,671	$	5,858	$	(7,535	)	$	—	$	1,994



(In thousands)	Balance at April 3, 2010		Cost Incurred		Payments			Asset Write down		Restructuring Accrual Balance at April 2, 2011
Employee-related costs	$	9,761	$	3,595	$	(10,574	)	$	—	$	2,782
Facility related costs	—		89		—			—		889
	$	9,761	$	3,684	$	(10,574	)	$	—	$	3,671



(In thousands)	Balance at March 28, 2009		Cost Incurred		Payments			Asset Write down			Restructuring Accrual Balance at April 3, 2010
Employee-related costs	$	2,729	$	8,598	$	(1,566	)	$	—		$	9,761
Facility related costs	42		—		(42		)	—			—
Other exit & termination costs	78		15,686		(78		)	(15,686		)	—
	$	2,849	$	24,284	$	(1,686	)	$	(15,686	)	$	9,761