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Special Charges and Other, Net
12 Months Ended
Mar. 31, 2017
Other Nonrecurring (Income) Expense [Abstract]  
Special Charges and Other, Net
Special Charges and Other, Net
 
The following table summarizes activity included in the "special charges and other, net" caption on the Company's consolidated statements of operations (amounts in thousands):
 
For The Years Ended March 31,
 
2017
 
2016
 
2015
Restructuring
 
 
 
 
 
Employee separation costs
$
39,183

 
$
9,577

 
$
2,333

Impairment charges
12,579

 

 

Exit costs
44,040

 
686

 

Other
2,806

 
900

 
507

Legal settlement costs

 
4,294

 

Insurance settlement

 
(11,500
)
 

Total
$
98,608

 
$
3,957

 
$
2,840


The Company's restructuring activities result from its recent business combinations, including the acquisitions of Atmel and Micrel. These activities include workforce, property and other operating expense rationalizations as well as combining product roadmaps and manufacturing operations. In connection with these activities the Company has incurred employee separation costs, contract exit costs, other operating expenses and intangible asset impairment losses. The impairment losses were recognized as a result of changes in the combined product roadmaps after the acquisition of Atmel that affected the use and life of these assets. Exit costs for fiscal 2017 were $44.0 million, of which $39.0 million was recorded in the fourth quarter. The following is a rollforward of accrued restructuring charges for fiscal 2017 and fiscal 2016 (amounts in thousands):
 
Employee Separation Costs
 
Exit Costs
 
Total
Balance at March 31, 2015 - Restructuring Accrual
$
483

 
$

 
$
483

Charges
9,577

 
686

 
10,263

Payments
(10,002
)
 
(686
)
 
(10,688
)
Balance at March 31, 2016 - Restructuring Accrual
58

 

 
58

Additions due to Atmel acquisition
6,277

 

 
6,277

Charges
39,183

 
44,040

 
83,223

Payments
(38,893
)
 
(6,958
)
 
(45,851
)
Non-cash - Other
(479
)
 
(2,331
)
 
(2,810
)
Changes in foreign exchange rates
(672
)
 

 
(672
)
Balance at March 31, 2017 - Restructuring Accrual
$
5,474

 
$
34,751

 
$
40,225



The restructuring liability of $5.5 million and $34.8 million is included in accrued liabilities and other long-term liabilities, respectively, on the Company's consolidated balance sheets as of March 31, 2017.