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Note 9 Restructuring Charges

6 Months Ended

Sep. 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 plans in Europe and the Zilog lease and exit costs have been included under “Restructuring charges” in our unaudited condensed consolidated statements of operations.

Restructuring activity as of and for the three and six months ended September 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
Cash payments		-		(63)		(63)
Currency translation adjustment		1		-		1
Balance at September 30, 2012	$	69	$	-	$	69

We anticipate that the remaining restructuring obligations of $69,000 as of September 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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