NOTE 2 CORPORATE REORGANIZATION EXPENSES

The Company completed the realignment of roles and responsibilities under its new organizational structure at the end of the first quarter of fiscal 2013, and incurred termination costs and professional fees and other as of the first quarter of 2013 as set forth in the table below:


	March 31, 2013
Termination costs	$	6,632
Professional fees and other		2,543
CEO transition costs		300

Total Corporate reorganization expenses	$	9,475

The Company also incurred CEO transition costs in the first quarter of fiscal 2013, related primarily to an employment agreement with an executive officer, and retention agreements with certain senior executives. The retention agreements provide bonuses to certain senior executives if they remain employed for a specified time period subsequent to the transition to a new CEO. The expense is being recognized over the estimated service period of these agreements. The Company has accrued $0.8 million as at March 31, 2013 relating to the retention agreements, for which the total expense may be up to $2.8 million.

The Company does not anticipate incurring significant additional costs related to the reorganization, with the exception of CEO transition costs, the amount of which is not yet determined.


	Termination costs			Professional fees and other			CEO transition charges			Total
Cost incurred during fiscal 2012	$	9,016		$	7,602		$	2,256		$	18,874
Paid during fiscal 2012		(1,458	)		(3,775	)		(411	)		(5,644	)

Accrued as at December 30, 2012		7,558			3,827			1,845			13,230
Cost incurred during the first quarter of fiscal 2013		6,632			2,543			300			9,475
Paid during the first quarter of fiscal 2013		(10,894	)		(4,063	)		(275	)		(15,232	)

Accrued as at March 31, 2013	$	3,296		$	2,307		$	1,870		$	7,473

Of the total accrual noted above, $6.2 million is recognized in Accounts payable, with the remaining balance primarily recognized in Other long-term liabilities.