9.	RESTRUCTURING

In March 2012, we announced a plan to restructure our bioanalytical laboratory operations. We have consolidated our laboratory in McMinnville, Oregon into our 120,000 square foot headquarters facility in West Lafayette, Indiana. This plan has been implemented to dramatically reduce operating costs and strengthen our ability to meet clients’ needs by improving laboratory utilization.

As part of the overall evaluation of our business, personnel reductions in the Selling, R&D and General and Administrative functions have been implemented at both of our Indiana locations during the third quarter of fiscal 2012.

For the nine months ended June 30, 2012, we have incurred $687 in restructuring costs as outlined in the table below. The remaining charges will be recorded predominantly in the fourth fiscal quarter ending September 30, 2012.

	Total Costs		Total Incurred for Nine Months
	Expected to be		Ending June 30,		Estimated
	Incurred		2012		future expense

One-time termination benefits	$	802	$	539	$	263

Equipment moving costs and method transfers		82		82		-

Travel and relocation costs		68		41		27

Other costs		36		6		30

Loss Sale of Equipment		27		19		8

	$	1,015	$	687	$	328

Upon careful evaluation of the financial performance of our bioanalytical laboratory in Warwickshire, UK and analysis of our strategic alternatives, the decision was made in fourth quarter 2012 to initiate the closure of our UK facility. We will continue to sell our products globally while further consolidating delivery of our CRO services into our Indiana locations. We expect to incur one-time employee termination costs, ongoing lease payments, and proceeds from the sales of laboratory equipment. We anticipate that these charges will be recorded predominantly in the fourth fiscal quarter ending September 30, 2012.