5. Restructuring Charges

The Company recognizes restructuring charges when a plan that materially changes the scope of the Company's business or the manner in which that business is conducted is adopted and communicated to the impacted parties, and the expenses have been incurred or are reasonably estimable. In addition, the Company assesses the property and equipment associated with the related facilities for impairment. The remaining useful lives of property and equipment associated with the related operations are re-evaluated based on the respective restructuring plan, resulting in the acceleration of depreciation and amortization of certain assets. Additional information regarding the Company's respective restructuring plans is included in the Company's Annual Report on Form 10-K for the year ended March 31, 2011.

Fiscal 2012 Restructuring Plan

In the first quarter of fiscal 2012, the Company announced restructuring actions, including the relocation of its corporate headquarters from Solon, Ohio to Alpharetta, Georgia, designed to better align corporate functions with the Company's operating units and reduce costs following the sale of TSG. In addition, the Company announced that its President and Chief Executive Officer was stepping down. These restructuring actions are expected to be mostly completed by March 31, 2012 and have impacted or will impact approximately 160 employees. The Company recorded $4.7 million in restructuring charges during the first six months of fiscal 2012, primarily comprised of severance and related benefits, with $0.8 million, $0.4 million, and $3.5 million related to HSG, RSG and Corporate/Other, respectively. The Company expects to incur between approximately $9.0 million and $11.0 million in additional restructuring charges for severance and related benefits, relocation, and facilities related to these restructuring actions during the remainder of fiscal 2012 and the first quarter of fiscal 2013. As a result of taking these restructuring actions, the Company expects to realize between approximately $14.0 million and $16.0 million in cost savings, which are expected to be primarily realized during fiscal 2013.

Fiscal 2009 Restructuring Plan

The Company recorded $0.4 million in additional non-cash restructuring charges during the first six months of fiscal 2011, primarily comprised of settlement costs incurred in the first quarter of fiscal 2011 related to the payment of an obligation to a former executive under the Company's Supplemental Executive Retirement Plan ("SERP") and ongoing facility lease obligations. The additional restructuring charges recorded in fiscal 2011 related to the previously disclosed restructuring actions taken in fiscal 2009.

Since fiscal 2009, the Company has incurred charges totaling $18.5 million related to restructuring actions taken in fiscal 2009 and previously disclosed, comprised of $0.4 million, $0.8 million, and $17.3 million in fiscal years 2011, 2010, and 2009, respectively, which related to Corporate/Other. The Company expects to incur minimal additional net restructuring charges related to the fiscal 2009 restructuring actions for the remainder of fiscal 2012 and through fiscal 2014 for non-cash settlement charges related to the expected payment of a SERP obligation to a former executive and for ongoing facility obligations.

The following table presents a reconciliation of the beginning and ending balances of the Company's restructuring liabilities:


	Severance and other employment costs			Facilities			Total
Balance at April 1, 2011	$	289		$	444		$	733
Additions		2,362			—			2,362
Accretion of lease obligations		—			(16	)		(16	)
Payments		(304	)		(40	)		(344	)

Balance at June 30, 2011		2,347			388			2,735
Additions		2,371			—			2,371
Accretion of lease obligations		—			(1	)		(1	)
Payments		(610	)		(44	)		(654	)

Balance at September 30, 2011	$	4,108		$	343		$	4,451

These liabilities are recorded within "Accrued liabilities" and "Other non-current liabilities" in the accompanying Condensed Consolidated Balance Sheets. Of the remaining $4.5 million liability at September 30, 2011, $1.3 million of severance and other employment costs are expected to be paid during fiscal 2012, $2.5 million is expected to be paid during fiscal 2013 and the remaining $0.3 million is expected to be paid during fiscal 2014. Approximately $85,000 is expected to be paid during the remainder of fiscal 2012 for ongoing facility lease obligations. Facility lease obligations for the Company's former corporate headquarters in Boca Raton, Florida are expected to continue through fiscal 2014.