XML 62 R13.htm IDEA: XBRL DOCUMENT v2.4.0.8
Restructuring (Notes)
6 Months Ended
Dec. 29, 2013
Restructuring and Related Activities [Abstract]  
Restructuring and Related Activities Disclosure [Text Block]
Restructuring
During the second quarter of fiscal 2014, the Company initiated a restructuring plan designed to streamline business operations and achieve operating expense reductions. The restructuring actions include approximately 15% workforce reductions, the consolidation of certain engineering facilities, and the closure of the Company's Bolton, Massachusetts facility. All restructuring actions impacted the Connectivity segment. The Company expects to incur an additional approximately $0.7 million in restructuring costs related to retention bonuses in the second half of fiscal 2014. The expected completion date of the restructuring plan is at the end of fiscal 2014. A summary of the restructuring and other related charges, the balance of which is included within Accrued and Other Current Liabilities on the Company's Condensed Consolidated Balance Sheets, consisted of the following:
 
 
One-time employee termination benefits
 
Contract termination costs
 
Total
 
 
(in thousands)
Charges
 
$
7,029

 
$
421

 
$
7,450

Payments
 

 

 

Balance at December 29, 2013
 
$
7,029


$
421


$
7,450


A summary of restructuring costs, by functional line item in the condensed consolidated statements of operations for both the three and six months ended December 29, 2013, is as follows: 
 
 
(in thousands)
Cost of goods sold
 
$
277

Engineering and development
 
5,259

Selling and marketing
 
668

General and administrative
 
1,246

 
 
$
7,450