Restructuring

Fourth Quarter of Fiscal 2014 Restructuring

During the fourth quarter of fiscal 2014, the Company recorded restructuring charges of approximately $1.1 million primarily consisting of workforce reductions. The severance related charges are expected to be substantially paid in cash by the first quarter of fiscal 2015.

Second Quarter of Fiscal 2014 Restructuring

During the second quarter of fiscal 2014, the Company initiated a restructuring plan designed to streamline business operations and reduce operating expenses. The restructuring actions include a reduction in workforce of approximately 15%, the consolidation of certain engineering facilities, and the closure of the Company's Bolton, Massachusetts facility. All restructuring actions impacted the Connectivity segment. The restructuring plan is expected to be substantially completed by the end of the first quarter of fiscal 2015.

A summary of the restructuring and other related charges, the remaining balance of which is included within Accrued and Other Current Liabilities on the Company's Consolidated Balance Sheets, consisted of the following:



	One-time employee termination benefits			Contract termination costs			Total
	(in thousands)
Balance at July 1, 2013	$	—		$	—		$	—
Charges	8,489			663			9,152
Payments	(5,253		)	(663		)	(5,916		)
Balance at June 29, 2014	$	3,236		$	—		$	3,236

A summary of the restructuring costs, by functional line item in the condensed consolidated statements of operations is as follows:



	2014
	(in thousands)
Cost of goods sold	$	279
Engineering and development	5,741
Selling and marketing	1,540
General and administrative	1,592
	$	9,152

Fourth Quarter of Fiscal 2013 Restructuring

During the fourth quarter of fiscal 2013, the Company decided to take certain actions with respect to its operations, consisting primarily of workforce reductions, and recorded approximately $2.7 million in severance costs during fiscal 2013, the majority of which was paid in July 2013.