ACCRUED RESTRUCTURING COSTS

9 Months Ended

Aug. 31, 2014

Restructuring and Related Activities [Abstract]

2013 Restructuring Plan

In order to achieve cost efficiencies and realign our resources and operations, our Board of Directors approved a restructuring plan initiated by management during the third quarter of fiscal year 2013 (the "2013 Restructuring Plan"). The 2013 Restructuring Plan was intended to increase efficiencies and reduce redundancies, including those arising from recent acquisitions. The total restructuring costs associated with the 2013 Restructuring Plan are estimated to be $14.0 million. Changes in estimates, if any, will be reflected in our future results of operations. We expect to fulfill most of the obligations associated with this restructuring by the end of fiscal year 2014.

The following is a summary of activities in accrued restructuring costs for the nine months ended August 31, 2014 under the 2013 Restructuring Plan (in thousands):



	Accrued Facilities Restructuring			Accrued Severance and Other			Total
As of November 30, 2013	$	1,209		$	4,697		$	5,906
Restructuring charges	153			801			954
Cash utilized	(835		)	(5,055		)	(5,890		)
As of August 31, 2014	$	527		$	443		$	970

The remaining accrued facilities restructuring costs represent the estimated loss on abandoned excess facilities, which is expected to be paid over the next year.

- 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.

+ References+ Details