Restructuring Charges

9 Months Ended

Aug. 30, 2013

Restructuring and Related Activities [Abstract]

Fiscal 2011 Restructuring Plan

In the fourth quarter of fiscal 2011, we initiated a restructuring plan consisting of reductions in workforce and the consolidation of facilities in order to better align our resources around our Digital Media and Digital Marketing strategies.

During the nine months ended August 30, 2013, we continued to implement restructuring activities under this plan. Total costs incurred to date and expected to be incurred for closing redundant facilities are $9.7 million as all facilities under this plan have been exited as of August 30, 2013.

Other Restructuring Plans

Other restructuring plans include other Adobe plans and other plans associated with certain of our acquisitions that are substantially complete. We continue to make cash outlays to settle obligations under these plans, however the current impact to our Condensed Consolidated Financial Statements is not significant. Our other restructuring plans primarily consist of the 2009 Restructuring Plan, which was implemented in the fourth quarter of fiscal 2009, in order to appropriately align our costs in connection with our fiscal 2010 operating plan.

During the nine months ended August 30, 2013, we vacated approximately 21,000 square feet of sales facilities in Australia in connection with our other restructuring plans.

Summary of Restructuring Plans

The following table sets forth a summary of restructuring activities related to all of our restructuring plans described above during the nine months ended August 30, 2013 (in thousands):



	November 30, 2012		Costs Incurred		Cash Payments			Other Adjustments^*			August 30, 2013
Fiscal 2011 Restructuring Plan:
Termination benefits	$	1,248	$	—	$	(760	)	$	(58	)	$	430
Cost of closing redundant facilities	9,623		—		(1,161		)	(4,867		)	3,595
Other Restructuring Plans:
Termination benefits	991		—		(484		)	(28		)	479
Cost of closing redundant facilities	9,688		5,143		(6,409		)	(843		)	7,579
Total restructuring plans	$	21,550	$	5,143	$	(8,814	)	$	(5,796	)	$	12,083

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^(*)	Included in Other Adjustments are foreign currency translation adjustments and goodwill adjustments of $0.8 million and $0.2 million, respectively.

Accrued restructuring charges of approximately $12.1 million as of August 30, 2013 includes $4.9 million recorded in accrued restructuring, current and $7.2 million related to long-term facilities obligations recorded in accrued restructuring, non-current on our Condensed Consolidated Balance Sheets. We expect to pay accrued termination benefits through fiscal 2014 and facilities-related liabilities under contract through fiscal 2021 of which approximately 58% will be paid through 2015.

- 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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