• Filing Date: 2017-08-09
  • Form Type: 10-Q
  • Description: Quarterly report
v3.7.0.1
RESTRUCTURING CHARGES (Tables)
3 Months Ended
Jun. 30, 2017
Restructuring and Related Activities [Abstract]  
Types of restructuring expense
The following summarizes the type of restructuring costs, included in operating expense, for the three months ended June 30, 2017 and June 30, 2016 (in thousands):
 
Three Months Ended
 
June 30, 2017
 
June 30, 2016
Severance and benefits
$
1,570

 
$
1,489

Facilities
756

 
563

Other
9

 

 
$
2,335

 
$
2,052

Activity for accrued restructuring charges
The following tables show the activity and the estimated timing of future payouts for accrued restructuring (in thousands):
 
 
 
 
 
 
 
Three Months Ended June 30, 2017
 
Severance
and Benefits
 
Facilities
 
Total
Balance as of March 31, 2017
$
130

 
$
1,220

 
$
1,350

Restructuring costs
1,570

 

 
1,570

Adjustment of prior estimates

 
756

 
756

Cash payments
(472
)
 
(411
)
 
(883
)
Balance as of June 30, 2017
$
1,228

 
$
1,565

 
$
2,793


 
 
 
 
 
 
 
Three Months Ended June 30, 2017
 
Severance
and Benefits
 
Facilities
 
Total
Balance as of March 31, 2016
$
354

 
$
2,383

 
$
2,737

Restructuring costs
1,489

 
426

 
1,915

Adjustment of prior estimates

 
179

 
179

Cash payments
(1,029
)
 
(339
)
 
(1,368
)
Balance as of June 30, 2016
$
814

 
$
2,649

 
$
3,463



Estimated timing of future payouts for accrued restructuring charges
 
As of June 30, 2017
 
Severance and
Benefits
 
Facilities
 
Total
Estimated timing of future payouts:
 
 
 
 
 
Next twelve months
$
1,228

 
$
1,022

 
$
2,250

July 2018 through June 2022

 
543

 
543

 
$
1,228

 
$
1,565

 
$
2,793