Note 15 - Restructuring Charges

12 Months Ended

Jun. 30, 2014

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

(15) Restructuring Charges

We recognize restructuring charges when a plan that materially changes the scope of our business or the manner in which that business is conducted is adopted and communicated to the impacted parties, and the expenses have been incurred or are reasonably estimable.

Fiscal 2014 Restructuring Activity

In the fourth quarter of fiscal 2014, we announced restructuring actions as a result of the termination for convenience of the BARDA contract. These restructuring activities are expected to be completed in fiscal 2015. We recorded $2.1 million in restructuring charges during fiscal 2014, which comprised of severance and other employee related benefits. $0.9 million was recorded in cost of revenue, $1.0 million in research and development and $0.2 million in general and administrative. As of June 30, 2014, we had a remaining liability of approximately $2.0 million.

Following is a reconciliation of the beginning and ending balances of the restructuring liability:

	Balance at							Balance at
	June 30,							June 30,
Fiscal 2014 Restructuring Plans:	2013		Provision		Payments			2014
Severance and employment costs		—		2.1		(0.1	)	$	2.0
Total restructuring costs	$	—	$	2.1	$	(0.1	)	$	2.0

The remaining severance and other employment costs of approximately $2.0 million will be paid in fiscal 2015. Also, included in accrued severance are balances of $1.2 million and $1.0 million as of June 30, 2014 and 2013, respectively. These balances relate to acquired severance balances as part of the Nabi merger. This remaining balance is to be paid in fiscal 2015.