Commitments, Contingencies and Other Matters

6 Months Ended

Jun. 30, 2013

Commitments, Contingencies and Other Matters

Commitments, Contingencies and Other Matters

Note 7— Commitments, Contingencies and Other Matters

Restructuring and Other Charges

During the six months ended June 30, 2013 and 2012, we took measures to improve profitability, including a reduction of discretionary expenses, realignment of our senior management team and consolidation of certain sales, business and administrative functions. As a result of these actions, we recorded a restructuring charge of $0.5 million and $0.1 million, respectively. We did not record any restructuring charges during the three months ended June 30, 2013 and 2012.

	For the six months ended
	June 30,
	2013		2012
Personnel severance and related costs	$	435	$	63
Other associated costs	96		—
	$	531	$	63

Restructuring Liability

The following is a reconciliation of the restructuring liability through June 30, 2013 (in thousands):

	LED & Solar			Data Storage			Unallocated Corporate			Total
Short-term liability
Balance as of January 1, 2013	$	448		$	1,308		$	119		$	1,875
Restructuring	422			51			58			531
Cash payments	(805		)	(926		)	(166		)	(1,897		)
Balance as of June 30, 2013	$	65		$	433		$	11		$	509

The balance of the short-term liability will be paid over the next 12 months.

The following is a reconciliation of the restructuring liability through December 31, 2012 (in thousands):

	LED & Solar			Data Storage			Unallocated Corporate			Total
Short-term liability
Balance as of January 1, 2012	$	534		$	128		$	294		$	956
Restructuring	874			1,684			135			2,693
Cash payments	(960		)	(504		)	(310		)	(1,774		)
Balance as of December 31, 2012	$	448		$	1,308		$	119		$	1,875