Restructuring Charges

3 Months Ended

Jun. 30, 2013

Restructuring and Related Activities [Abstract]

The Company recognizes restructuring costs related to asset impairment and exit or disposal activities. Costs relating to facilities closure or lease commitments are recognized when the facility has been exited. Termination costs are recognized when the costs are deemed both probable and estimable.

There were no new restructuring activity during the three months ended June 30, 2013 and 2012.

December 2012 Restructuring Program

In December 2012, the Company implemented a restructuring program to reorganize its operations and reduced its workforce by approximately 70 employees. The plan included eliminating job redundancies, reducing the Company's workforce and impairing an asset which related to the impairment of the unamortized value of a software intellectual property license, which the Company no longer intends to use to develop new products. The Company anticipates that the restructuring plan will reduce ongoing headcount expenses by approximately $8.0 million to $9.0 million annually and other additional operational expenses by $4.0 million to $5.0 million annually.

The restructuring activity during the three months ended June 30, 2013 relating to the December 2012 restructuring program is described below.



	Workforce Reduction			Asset Impairment		Total
Liability, March 31, 2013	$	548		$	—	$	548
Restructuring charges	93			—		93
Cash payments	(334		)	—		(334		)
Liability, June 30, 2013	$	307		$	—	$	307

- 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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