Note 8 - Restructuring Charges and Exit Costs

9 Months Ended

Dec. 29, 2013

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

NOTE 8.    RESTRUCTURING CHARGES AND EXIT COSTS

2014 Restructuring Charges and Exit Costs

During the three and nine months ended December 29, 2013, we incurred restructuring charges and exit costs of $0.1 million and $1.5 million, respectively. The charges include $1.4 million of severance benefits and $0.2 million of lease termination and other costs. In the fourth quarter of fiscal 2014 we have started to implement an additional restructuring in order to reduce costs. The total charges from this restructuring have not yet been determined.

2013 Restructuring Charges and Exit Costs

In the fourth quarter of fiscal year 2013, we recorded $0.3 million restructuring charges and exit costs and released a $0.5 million liability related to Industrial Research Assistance Program with Canadian governmental agency. In the third, second and first quarters of fiscal year 2013, we recorded restructuring charges and exit costs of $0.6 million, $0.3 million and $0.9 million, respectively. Of the total restructuring charges and exit costs recorded in fiscal year 2013, $0.3 million was reflected in cost of sales and $1.3 million was reflected in operating expenses within our consolidated statements of operations.

Our restructuring liabilities were included in the accounts payable, other current liabilities and other non-current obligations lines within our condensed consolidated balance sheets. The following table summarizes the activities affecting the liabilities as of the dates indicated below (in thousands):

	December 29, 2013
	Beginning balance		Additions/ adjustments		Non-cash charges			Payments			Ending balance
Lease termination and other costs	$	2,860	$	158	$	(4	)	$	(1,581	)	$	1,433
Severance		426		1,353		—			(1,205	)		574
Balance at December 29, 2013	$	3,286	$	1,511	$	(4	)	$	(2,786	)	$	2,007

	March 31, 2013
	Beginning balance		Additions/ adjustments		Non-cash charges			Payments			Ending balance
Lease termination costs and others	$	5,235	$	6	$	(56	)	$	(2,325	)	$	2,860
Severance		2,806		1,548		—			(3,928	)		426
Balance at March 31, 2013	$	8,041	$	1,554	$	(56	)	$	(6,253	)	$	3,286