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RESTRUCTURING CHARGES
9 Months Ended
Nov. 30, 2018
Restructuring And Related Activities [Abstract]  
RESTRUCTURING CHARGES

NOTE 7 – RESTRUCTURING CHARGES

Beginning in the first quarter of fiscal 2019, we commenced a plan to capture certain synergies and cost savings related to streamlining our global operations and sales organization, as well as rationalize certain leased properties that are not fully occupied. Our plan is aligned with our strategy to integrate the global sales organization and further outsource manufacturing functions in order to drive operational efficiency, increase supplier geographic diversity, and reduce operating expenses. For the nine months ended November 30, 2018, total restructuring charges were $5.2 million, comprised of $1.5 million in severance and employee related costs, of which $0.2 million was incurred during the three months ended November 30, 2018, and $3.7 million for vacant office and manufacturing facility space under Corporate Expenses (defined in Note 15), of which $1.0 million was incurred in the three months ended November 30, 2018. Substantially all charges related to severance and employee costs were under the Telematics Systems reportable segment.

The anticipated rent payments for the vacant portion of leased facilities will be made through December 2025. There is no guarantee that the termination and cease use charges will not exceed the estimates or that the impact of future net costs reduction will be achieved. The following table summarizes the activity resulting from the implementation of the restructuring plan within other current and non-current liabilities:

 

 

 

 

Personnel

 

 

Facilities

 

 

Total

 

Restructuring liabilities as of February 28, 2018

 

$

 

 

$

 

 

$

 

Charges

 

 

1,455

 

 

 

3,741

 

 

 

5,196

 

(Payments)

 

 

(764

)

 

 

(591

)

 

 

(1,355

)

Restructuring liabilities as of November 30, 2018

 

$

691

 

 

$

3,150

 

 

$

3,841