RESTRUCTURING AND RELATED CHARGES (Notes)

6 Months Ended

Jun. 30, 2013

Restructuring and related charges [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

RESTRUCTURING AND RELATED CHARGES

During the second quarter of 2013, following a change in its management, the Company's GridSense segment made a decision to restructure operations in both its USA and Australian entities. This action was taken primarily in order to improve efficiency based on GridSense's revenue mix and skills mix. Accordingly, GridSense recorded a restructuring charge of $302 related to severance and other termination benefits for 17 employees whose positions were made redundant both in the United States and in Australia. In addition, in connection with downsizing its Australian operations, GridSense decided to move its operations to a smaller facility and recorded a restructuring charge of $101, consisting of contractual rental commitments and related moving costs. In connection with that move, GridSense recorded a loss of $39 reflecting the remaining book value of abandoned fixed assets. Following the restructuring, GridSense's Australian operations no longer have a production line and have minimal research and development activities. All product production and development will take place at GridSense's U.S. operations facility in Sacramento. As a result of the cessation of production activities in Australia, GridSense also recorded a provision of $152 related to products which had been produced in Australia, but will no longer be produced or supported by U.S. operations.

The following table summarizes the restructuring charges during the six months ended June 30, 2013:



Employee severance and termination benefits	$	302
Facilities costs	101
Abandonment of fixed assets	39
Inventory obsolescence	152
Total	$	594

The following table presents activity during the six months ended June 30, 2013 related to GridSense's restructuring:



	Employee severance and termination benefits			Facilities		Inventory and fixed asset impairments			Total
Balance at December 31, 2012	$	—		$	—	$	—		$	—
Provision	302			101		191			594
Cash payments	(149		)	—		—			(149		)
Non-cash settlements	—			—		(191		)	(191		)
Balance at June 30, 2013	$	153		$	101	$	—		$	254

The total remaining accrued restructuring balance of $254 is expected to be paid in full by December 31, 2013 and is included in Other current liabilities on the condensed consolidated balance sheets.

- 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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