XML 57 R19.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 13 - Restructuring Expenses
3 Months Ended
Sep. 30, 2013
Restructuring and Related Activities [Abstract]  
Restructuring and Related Activities Disclosure [Text Block]

Note 13 – Restructuring Expenses


Restructuring Charges


In fiscal 2013, the Company restructured its operations and overhead structure related to the storage division by reducing the size of its facilities and headcount, in accordance with a defined restructuring plan. Costs associated therewith were separately identified and disclosed.


   

Beginning

Balance

June 30,

2013

   

Expensed

   

Paid

   

Ending

Balance

September 30,

2013

 

Lease abandonment obligation

  $ 1,040     $ -     $ (101

)

  $ 939  

Total Restructuring Expenses

  $ 1,040     $ -     $ (101

)

  $ 939  

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. However, as the business is dynamic, unless such changes are material, and in accordance with a defined restructuring plan, they will be accounted for as part of normal operating expenses.