Note 15 – Restructuring

Our restructuring program that is designed to improve our global footprint, cost structure, technology portfolio, human resources and internal processes continues. During fiscal year 2012, we continued to refine and expand on activities launched in prior years and significant new programs were launched to: (i) optimize certain research and development and supply chain functions; (ii) outsource certain manufacturing capabilities; and (iii) divest or sublease facilities no longer needed to support current operations. In fiscal year 2011, we announced the relocation of certain manufacturing activities from Washington, Missouri to Mexico and the outsourcing of certain manufacturing activities to third party suppliers. In fiscal year 2010, we announced the relocation of certain manufacturing activities from the United Kingdom to Hungary, a consolidation and optimization of our manufacturing capabilities in China and the exit of the personal navigation device (“PND”) distribution channel in Germany.

A summary and components of our restructuring initiatives are presented below and include accruals for new programs as well as revisions to estimates, both increases and decreases, to programs accrued in prior periods:


	Severance Related Costs			Third Party Contractor Termination Costs			Facility Closure and Other Related Costs			Asset Impairments⁽¹⁾			Total
Liability, June 30, 2009	$	67,930		$	308		$	8,633		$	0		$	76,871
Expense⁽²⁾		10,049			(277	)		3,222			4,880			17,874
Accumulated depreciation offset		0			0			0			(4,880	)		(4,880	)
Payments		(41,186	)		(33	)		(4,299	)		0			(45,518	)
Foreign currency translation		(3,757	)		2			6			0			(3,749	)

Liability, June 30, 2010	$	33,036		$	0		$	7,562		$	0		$	40,598

Expense⁽²⁾		10,541			0			4,542			5,564			20,647
Accumulated depreciation offset		0			0			0			(5,564	)		(5,564	)
Payments		(15,231	)		0			(4,346	)		0			(19,577	)
Foreign currency translation		3,416			0			102			0			3,518

Liability, June 30, 2011	$	31,762		$	0		$	7,860		$	0		$	39,622

Expense⁽²⁾		(1,008	)		315			7,146			2,696			9,149
Accumulated depreciation offset		0			0			0			(2,696	)		(2,696	)
Payments		(8,434	)		(298	)		(4,169	)		0			(12,901	)
Foreign currency translation		(2,382	)		0			2			0			(2,380	)

Liability, June 30, 2012	$	19,938		$	17		$	10,839		$	0		$	30,794

⁽¹⁾	Credits related to restructuring charges for accelerated depreciation and inventory provisions are recorded against the related assets in Property, plant & equipment, net or Inventories in our Consolidated Balance Sheets and do not impact the restructuring liability.

⁽²⁾	Restructuring expenses noted above are primarily in SG&A in our Consolidated Statements of Income. Asset impairments, which consist of accelerated depreciation and inventory provisions are primarily in Cost of sales in our Consolidated Statements of Income.

Restructuring liabilities are recorded in Accrued liabilities and Other non-current liabilities in our Consolidated Balance Sheets.

Restructuring expenses by reporting business segment are presented below:


	Year Ended June 30,
	2012			2011		2010
Infotainment	$	(1,458	)	$	5,949	$	(3,330	)
Lifestyle		169			7,062		13,689
Professional		8,459			1,835		2,191
Other		(717	)		237		444

Total		6,453			15,083		12,994
Asset impairments		2,696			5,564		4,880

Total	$	9,149		$	20,647	$	17,874