RESTRUCTURING AND OTHER RELATED CHARGES (CREDITS)

Summary of Restructuring Plans

Fiscal Year 2019 restructuring plans

During the Fiscal Year 2019, the Company initiated post-acquisition restructuring plans to realign the Company's cost structure, including streamlining the global workforce, consolidation of certain distribution centers in North America, and reduction of redundant legal entities, in order to take advantage of operational efficiencies following the acquisition of Polycom. The costs incurred to date under these plans have primarily comprised of severance benefits from reduction in force actions, facilities related actions initiated by management, and legal entity rationalization.

Legacy Plans

The Company currently has a liability balance as of March 31, 2019 related to various restructuring actions undertaken in prior periods under these plans:

•

As a result of the acquisition of Polycom, the Company assumed restructuring liabilities under restructuring plans that were initiated under plans approved by Polycom's management prior to the completion of its acquisition on July 2, 2018. As of March 31, 2019, the restructuring reserve was approximately $7.0 million and primarily comprised of facilities-related liabilities which will expire over a period of 2018 to 2023.


•	During the fiscal quarter ended June 30, 2018, the Company executed a restructuring plan aimed at realigning its sales organization structure as part of a broader strategic objective to improve sales management and ensure proper investment across its geographic region.

The Company's restructuring liabilities as of March 31, 2019 are as follows (amounts in thousands):



	As of March 31, 2018		Assumed Liability		Accruals		Cash Payments			Adjustments			As of March 31, 2019
Legacy Plans
Severance	$	114	$	921	$	1,101	$	(1,747	)	$	(197	)	$	192
Facility	325		8,574		99		(2,368		)	205			$	6,835
Total Legacy Plans	439		9,495		1,200		(4,115		)	8			7,027
FY2019 Plans
Severance	—		—		23,932		(18,150		)	164			5,946
Facility	—		—		2,142		(1,778		)	35			399
Other	—		—		5,420		(5,420		)	—			—
Total FY2019 Plans	—		—		31,494		(25,348		)	199			6,345
Severance	114		921		25,033		(19,897		)	(33		)	6,138
Facility	325		8,574		2,241		(4,146		)	240			7,234
Other	—		—		5,420		(5,420		)	—			—
Grand Total	$	439	$	9,495	$	32,694	$	(29,463	)	$	207		$	13,372