XML 86 R22.htm IDEA: XBRL DOCUMENT

Note 16 - Restructuring Charges

12 Months Ended

Jun. 30, 2013

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

Note 16 - Restructuring Charges

In fiscal year 2013, the Company continued to restructure its operations and overhead structure related to the storage division by reducing the size of its facilities and headcount as part of its strategic initiative to outsource manufacturing.

Our restructuring actions are strategic management decisions and until we achieve consistent and sustainable levels of profitability, we may incur restructuring charges in the future from additional cost reduction efforts.

	Beginning Balance June 30, 2012		Expensed		Paid			Ending Balance June 30, 2013
Lease abandonment obligation	$	-	$	1,269	$	(229	)	$	1,040
Termination costs		-		344		(344	)		-
Facility - other		-		1,053		(1,053	)		-
Total Restructuring Expenses	$	-	$	2,666	$	(1,626	)	$	1,040

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References+ Details