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Note 9 Restructuring Charges

3 Months Ended

Jun. 30, 2012

Restructuring Charges Disclosure [Text Block]

9. Restructuring Charges

In the quarter ended September 30, 2009, we initiated plans to restructure our European manufacturing and assembly operations to align them to current market conditions. The plans primarily involved the termination of employees and centralization of certain positions. Costs related to termination of employees represented severance payments and benefits.

During the quarter ended December 31, 2010, we relocated the Zilog employees to our headquarters in Milpitas and vacated the facility in San Jose, California, as a part of our integration plan to reduce costs.

The costs in connection with the restructuring plan in Europe and Zilog lease and exit costs have been included under “Restructuring charges” in our unaudited condensed consolidated statements of operations. The restructuring accrual as of June 30, 2012 was included under “Accrued expenses and other current liabilities” on our unaudited condensed consolidated balance sheets.

Restructuring activity as of and for the three months ended June 30, 2012 was as follows (in thousands):

	Severance and Related Benefits		Lease Commitment Accrual		Total
Balance at March 31, 2012	$	72	$	127	$	199
Cash payments		-		(64)		(64)
Currency translation adjustment		(4)		-		(4)
Balance at June 30, 2012	$	68	$	63	$	131

We anticipate that the remaining restructuring obligations of $131,000 as of June 30, 2012 will be paid by December 31, 2013.

- 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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