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Restructuring Charges (Tables)
12 Months Ended
Mar. 31, 2011
Mar. 31, 2010
Mar. 31, 2009
Restructuring Charges      
Provisions, Respective Payments, and Remaining Accrued Balance

 

 

 

 

Long-Lived

 

 

 

 

 

 

 

 

 

 

Asset

 

Other

 

 

 

Severance

 

Impairment

 

Exit Costs

 

Total

 

(In thousands)

Balance as of March 31, 2009

 $

    101,213

 

 $

 —

 

 $

        60,254

 

 $

    161,467

Activities during the fiscal year 2010:

 

 

 

 

 

 

 

 

 

 

 

Provisions for charges incurred during the year

 

      41,193

 

 

    43,112

 

 

        23,223

 

 

    107,528

Cash payments for charges incurred in fiscal year 2010

 

     (29,661)

 

 

 —

 

 

      (21,021)

 

 

     (50,682)

Cash payments for charges incurred in fiscal year 2009

 

     (61,926)

 

 

 —

 

 

        (3,828)

 

 

     (65,754)

Cash payments for charges incurred in fiscal year 2008 and prior

 

     (22,603)

 

 

 —

 

 

      (17,135)

 

 

     (39,738)

Non-cash charges incurred during the year

 

 —

 

 

  (43,112)

 

 

        (5,464)

 

 

     (48,576)

Balance as of March 31, 2010

 

      28,216

 

 

 —

 

 

        36,029

 

 

      64,245

Activities during the fiscal year 2011

 

 

 

 

 

 

 

 

 

 

 

Cash payments for charges incurred in fiscal year 2010

 

     (10,574)

 

 

 —

 

 

        (1,032)

 

 

     (11,606)

Cash payments for charges incurred in fiscal year 2009 and prior

 

     (10,046)

 

 

 —

 

 

      (13,271)

 

 

     (23,317)

Balance as of March 31, 2011

 

        7,596

 

 

 —

 

 

        21,726

 

 

      29,322

Less: Current portion (classified as other current liabilities)

 

        7,557

 

 

 

 

 

          9,264

 

 

      16,821

Accrued facility closure costs, net of current portion (classified as

 

 

 

 

 

 

 

 

 

 

 

other liabilities)

 $

             39

 

 $

 —

 

 $

        12,462

 

 $

      12,501

   
Schedule of Components of Restructuring Charges  

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

 

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Total

 

 

(In thousands)

Americas:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance

$

7,234

 

$

1,765

 

$

2,223

 

$

5,214

 

$

16,436

Long-lived asset impairment

 

1,004

 

 

2,154

 

 

1,326

 

 

 

 

4,484

Other exit costs

 

1,742

 

 

2,687

 

 

(240)

 

 

 

 

4,189

Total restructuring charges

 

9,980

 

 

6,606

 

 

3,309

 

 

5,214

 

 

25,109

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asia:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance

 

7,579

 

 

801

 

 

1,659

 

 

1,964

 

 

12,003

Long-lived asset impairment

 

21,482

 

 

1,558

 

 

1,589

 

 

4,694

 

 

29,323

Other exit costs

 

5,519

 

 

(947)

 

 

426

 

 

(1,191)

 

 

3,807

Total restructuring charges

 

34,580

 

 

1,412

 

 

3,674

 

 

5,467

 

 

45,133

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Europe:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance

 

4,556

 

 

4,573

 

 

2,733

 

 

892

 

 

12,754

Long-lived asset impairment

 

9,305

 

 

 

 

 

 

 

 

9,305

Other exit costs

 

6,418

 

 

 

 

70

 

 

8,739

 

 

15,227

Total restructuring charges

 

20,279

 

 

4,573

 

 

2,803

 

 

9,631

 

 

37,286

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance

 

19,369

 

 

7,139

 

 

6,615

 

 

8,070

 

 

41,193

Long-lived asset impairment

 

31,791

 

 

3,712

 

 

2,915

 

 

4,694

 

 

43,112

Other exit costs

 

13,679

 

 

1,740

 

 

256

 

 

7,548

 

 

23,223

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total restructuring charges

$

64,839

 

$

12,591

 

$

9,786

 

$

20,312

 

$

107,528

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

 

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Total

 

 

(In thousands)

Americas:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance

$

       10,540

 

$

 —

 

$

 —

 

$

       28,878

 

$

       39,418

Long-lived asset impairment

 

 

 

 

 

 

 

       11,699

 

 

       11,699

Other exit costs

 

 

 

 

 

 

 

         5,559

 

 

         5,559

Total restructuring charges

 

       10,540

 

 

 

 

 

 

       46,136

 

 

       56,676

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asia:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance

 

       12,496

 

 

 

 

 

 

       32,893

 

 

       45,389

Long-lived asset impairment

 

            121

 

 

 

 

 

 

       40,239

 

 

       40,360

Other exit costs

 

            775

 

 

 

 

 

 

       10,425

 

 

       11,200

Total restructuring charges

 

       13,392

 

 

 

 

 

 

       83,557

 

 

       96,949

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Europe:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance

 

         5,283

 

 

 

 

 

 

       18,866

 

 

       24,149

Long-lived asset impairment

 

 

 

 

 

 

 

         1,174

 

 

         1,174

Other exit costs

 

 

 

 

 

 

 

            837

 

 

            837

Total restructuring charges

 

         5,283

 

 

 

 

 

 

       20,877

 

 

       26,160

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance

 

       28,319

 

 

 

 

 

 

       80,637

 

 

     108,956

Long-lived asset impairment

 

            121

 

 

 

 

 

 

       53,112

 

 

       53,233

Other exit costs

 

            775

 

 

 

 

 

 

       16,821

 

 

       17,596

Total restructuring charges

$

       29,215

 

$

 

$

 

$

     150,570

 

$

     179,785