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Restructuring Charges

12 Months Ended

Jul. 01, 2012

Note 9—Restructuring Charges

During 2012, we incurred approximately $1.2 million in lease loss charges, severance, consulting, and other charges in connection with restructuring activities primarily associated with the shutdown of certain activities at our Santa Rosa facility. The lease loss accruals are subject to periodic revisions based on current market estimates. The lease loss accruals as of July 1, 2012 will be paid over the next five years.

During 2011, we incurred approximately $8.1 million (net) in charges for: severance, manufacturing transfer consulting services, lease loss charges, and additional depreciation on leasehold improvements. These expenses included $8.7 million of severance, consulting, additional depreciation and other charges for our Puerto Rico facility closure and $1.7 million of severance, consulting and other charges related to the plan to move the Government business unit’s engineering and manufacturing teams from our Santa Rosa facility to San Jose and other facilities. The lease loss accrual was reduced by $2.3 million due to re-occupation of a section of our San Jose facility that was previously not used and the sub-lease of a section of our Santa Rosa facility. The lease loss accruals are subject to periodic revisions based on current market estimates.

During the fiscal 2010, we incurred approximately $5.3 million in lease loss and facility related charges. These expenses included approximately $3.5 million related to our San Jose, CA facility and approximately $1.8 million related to our other facilities for unused space at these respective facilities. The lease loss accruals are subject to periodic revisions based on current market estimates. During fiscal 2010, we also incurred approximately $5.0 million in one-time termination benefits and other restructuring related charges, mainly related to the transfer of our Cesium product line from our San Jose, CA facility to our Beverly, MA facility, and the shutdown of our Aguadilla, Puerto Rico facility.

The following tables show the details of the restructuring cost accruals, which consist of facilities and severance costs, for the years ended July 1, 2012 and July 3, 2011:


	Balance at July 3, 2011		Expense Additions			Payments			Balance at July 1, 2012
	(in thousands)
Lease loss accrual (fiscal 2004)	$	161	$	15		$	(39	)	$	137
All other restructuring changes (fiscal 2004)		50		72			(54	)		68
Lease loss accrual (fiscal 2009)		1,797		(482	)		(413	)		902
All other restructuring changes (fiscal 2010)		409		(47	)		(287	)		75
Lease loss accrual (fiscal 2011)		403		(125	)		(108	)		170
All other restructuring changes (fiscal 2011)		979		372			(1,351	)		—
Lease loss accrual (fiscal 2012)		—		853			(155	)		698
All other restructuring changes (fiscal 2012)		—		565			(406	)		159

Total	$	3,799	$	1,223		$	(2,813	)	$	2,209

Over the next twelve months, we expect to incur an additional $0.1 million in restructuring charges related to the above restructuring plans.

- 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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