Restructuring Expenses

12 Months Ended

Sep. 30, 2013

12. Restructuring Expenses

During fiscal 2013, we incurred net charges totaling $2.5 million consisting of $1.6 million in facilities charges associated with vacating excess leased space in Minnesota, $1.1 million in severance charges due to the elimination of 52 positions primarily in the U.S., and a reversal of $0.2 million of previously recognized severance costs due to favorable adjustments. Cash payments for all the severance costs were paid during fiscal 2013. Cash payments for substantially all the facilities charges will be paid by the end of fiscal 2014.

During fiscal 2012, we incurred $4.0 million in severance charges due to the elimination of 85 positions mainly within the product and technology organization of the Company. Cash payments for all the severance costs have been paid by the end of fiscal 2013.

During fiscal 2011, we incurred charges totaling $12.4 million as a result of $8.2 million in severance charges due to the elimination of 177 positions throughout the company, and $4.2 million in facilities charges associated with vacating excess leased space primarily in Minnesota and Georgia. Cash payments for all the severance costs were paid during fiscal 2011. Cash payments for substantially all the facilities charges have been paid by the end of fiscal 2013.

The following table summarizes our restructuring accruals associated with the above actions. The current portion and non-current portion was recorded in other accrued current liabilities and other liabilities, respectively, within the accompanying consolidated balance sheets.


	Accrual at September 30, 2010			Expense Additions		Cash Payments			Expense Reversals		Accrual at September 30, 2011
	(In thousands)
Facilities charges	$	2,836		$	4,226	$	(1,700	)	$	—	$	5,362
Employee separation		742			8,165		(7,873	)		—		1,034

		3,578		$	12,391	$	(9,573	)	$	—		6,396

Less: current portion		(1,474	)									(3,062	)

Non-current	$	2,104									$	3,334


	Accrual at September 30, 2011			Expense Additions		Cash Payments			Expense Reversals		Accrual at September 30, 2012
	(In thousands)
Facilities charges	$	5,362		$	—	$	(2,029	)	$	—	$	3,333
Employee separation		1,034			3,978		(2,541	)		—		2,471

		6,396		$	3,978	$	(4,570	)	$	—		5,804

Less: current portion		(3,062	)									(4,944	)

Non-current	$	3,334									$	860


	Accrual at September 30, 2012			Expense Additions		Cash Payments			Expense Reversals			Accrual at September 30, 2013
	(In thousands)
Facilities charges	$	3,333		$	1,624	$	(3,225	)	$	—		$	1,732
Employee separation		2,471			1,095		(3,313	)		(253	)		—

		5,804		$	2,719	$	(6,538	)	$	(253	)		1,732

Less: current portion		(4,944	)										(1,732	)

Non-current	$	860										$	—

- 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.

+ References+ Details