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RESTRUCTURING CHARGES (Tables)
12 Months Ended
Mar. 31, 2015
Schedule of provisions, respective payments, and remaining accrued balance

 

 

 

Severance

 

Long-Lived
Asset
Impairment

 

Other
Exit Costs

 

Total

 

 

 

(In thousands)

 

Balance as of March 31, 2012

 

$

4,620

 

$

 

$

8,067

 

$

12,687

 

Provision for charges incurred in fiscal year 2013

 

 

110,110

 

 

69,453

 

 

47,871

 

 

227,434

 

Cash payments for charges incurred in fiscal year 2013

 

 

(28,586

)

 

 

 

(3,832

)

 

(32,418

)

Cash payments for charges incurred in fiscal year 2010 and prior

 

 

(2,455

)

 

 

 

(2,902

)

 

(5,357

)

Non-cash charges incurred in fiscal year 2013          

 

 

 

 

(69,453

)

 

(34,993

)

 

(104,446

)

​  

​  

​  

​  

​  

​  

​  

​  

Balance as of March 31, 2013

 

 

83,689

 

 

 

 

14,211

 

 

97,900

 

Provision for charges incurred in fiscal year 2014

 

 

66,718

 

 

1,900

 

 

6,693

 

 

75,311

 

Cash payments for charges incurred in fiscal year 2014

 

 

(40,273

)

 

 

 

(4,296

)

 

(44,569

)

Cash payments for charges incurred in fiscal year 2013

 

 

(71,470

)

 

 

 

(8,755

)

 

(80,225

)

Cash payments for charges incurred in fiscal year 2010 and prior

 

 

(2,171

)

 

 

 

(1,950

)

 

(4,121

)

Non-cash charges incurred in fiscal year 2014          

 

 

 

 

(1,900

)

 

 

 

(1,900

)

​  

​  

​  

​  

​  

​  

​  

​  

Balance as of March 31, 2014

 

 

36,493

 

 

 

 

5,903

 

 

42,396

 

Cash payments for charges incurred in fiscal year 2014

 

 

(18,558

)

 

 

 

(2,212

)

 

(20,770

)

Cash payments for charges incurred in fiscal year 2013

 

 

(4,560

)

 

 

 

(1,685

)

 

(6,245

)

Cash payments for charges incurred in fiscal year 2010 and prior

 

 

(12

)

 

 

 

(312

)

 

(324

)

​  

​  

​  

​  

​  

​  

​  

​  

Balance as of March 31, 2015

 

 

13,363

 

 

 

 

1,694

 

 

15,057

 

Less: Current portion (classified as other current liabilities)

 

 

3,078

 

 

 

 

390

 

 

3,468

 

​  

​  

​  

​  

​  

​  

​  

​  

Accrued restructuring costs, net of current portion (classified as other liabilities)

 

$

10,285

 

$

 

$

1,304

 

$

11,589

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Geographic region | Fiscal year 2014  
Schedule of components of the restructuring charges

 

 

 

First
Quarter

 

Fourth
Quarter

 

Total

 

 

 

(In thousands)

 

Americas:

 

 

 

 

 

 

 

 

 

 

Severance

 

$

11,331 

 

$

11,290 

 

$

22,621 

 

Other exit costs

 

 

2,248 

 

 

 

 

2,248 

 

​  

​  

​  

​  

​  

​  

Total restructuring charges

 

 

13,579 

 

 

11,290 

 

 

24,869 

 

​  

​  

​  

​  

​  

​  

Asia:

 

 

 

 

 

 

 

 

 

 

Severance

 

 

16,205 

 

 

13,214 

 

 

29,419 

 

Long-lived asset impairment

 

 

1,900 

 

 

 

 

1,900 

 

Other exit costs

 

 

3,157 

 

 

 

 

3,157 

 

​  

​  

​  

​  

​  

​  

Total restructuring charges

 

 

21,262 

 

 

13,214 

 

 

34,476 

 

​  

​  

​  

​  

​  

​  

Europe:

 

 

 

 

 

 

 

 

 

 

Severance

 

 

4,631 

 

 

10,047 

 

 

14,678 

 

Other exit costs

 

 

1,288 

 

 

 

 

1,288 

 

​  

​  

​  

​  

​  

​  

Total restructuring charges

 

 

5,919 

 

 

10,047 

 

 

15,966 

 

​  

​  

​  

​  

​  

​  

Total

 

 

 

 

 

 

 

 

 

 

Severance

 

 

32,167 

 

 

34,551 

 

 

66,718 

 

Long-lived asset impairment

 

 

1,900 

 

 

 

 

1,900 

 

Other exit costs

 

 

6,693 

 

 

 

 

6,693 

 

​  

​  

​  

​  

​  

​  

Total restructuring charges

 

$

40,760 

 

$

34,551 

 

$

75,311 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Geographic region | Fiscal year 2013  
Schedule of components of the restructuring charges

 

 

 

Third
Quarter

 

Fourth
Quarter

 

Total

 

 

 

(In thousands)

 

Americas:

 

 

 

 

 

 

 

 

 

 

Severance

 

$

863 

 

$

13,156 

 

$

14,019 

 

Long-lived asset impairment

 

 

 

 

6,302 

 

 

6,302 

 

Other exit costs

 

 

322 

 

 

6,533 

 

 

6,855 

 

​  

​  

​  

​  

​  

​  

Total restructuring charges

 

 

1,185 

 

 

25,991 

 

 

27,176 

 

​  

​  

​  

​  

​  

​  

Asia:

 

 

 

 

 

 

 

 

 

 

Severance

 

 

8,572 

 

 

18,076 

 

 

26,648 

 

Long-lived asset impairment

 

 

46,250 

 

 

5,268 

 

 

51,518 

 

Other exit costs

 

 

28,818 

 

 

1,443 

 

 

30,261 

 

​  

​  

​  

​  

​  

​  

Total restructuring charges

 

 

83,640 

 

 

24,787 

 

 

108,427 

 

​  

​  

​  

​  

​  

​  

Europe:

 

 

 

 

 

 

 

 

 

 

Severance

 

 

6,142 

 

 

63,301 

 

 

69,443 

 

Long-lived asset impairment

 

 

9,851 

 

 

1,782 

 

 

11,633 

 

Other exit costs

 

 

1,873 

 

 

8,882 

 

 

10,755 

 

​  

​  

​  

​  

​  

​  

Total restructuring charges

 

 

17,866 

 

 

73,965 

 

 

91,831 

 

​  

​  

​  

​  

​  

​  

Total

 

 

 

 

 

 

 

 

 

 

Severance

 

 

15,577 

 

 

94,533 

 

 

110,110 

 

Long-lived asset impairment

 

 

56,101 

 

 

13,352 

 

 

69,453 

 

Other exit costs

 

 

31,013 

 

 

16,858 

 

 

47,871 

 

​  

​  

​  

​  

​  

​  

Total restructuring charges

 

$

102,691 

 

$

124,743 

 

$

227,434 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​