13. Restructuring

During the second quarter of fiscal 2012 the Company reorganized certain engineering groups resulting in severance charges of $0.4 million. Costs incurred as result of this action will result in cash payments to be completed in the fourth quarter of fiscal 2012.

During the fourth quarter of fiscal 2011, the Company initiated a plan to reduce costs and investments in certain businesses. As a result, approximately 80 positions worldwide, including approximately 50 positions at its subsidiary in Shenzhen China, were eliminated as part of the plan to substantially reduce investment in storage solutions acquired as part of the acquisition of Symwave, Inc. (“Symwave”).

The remaining positions eliminated consist of certain administrative positions, certain positions in its subsidiary in Canada as part of its plan to converge the wireless audio products roadmap from the acquisitions of Kleer Corporation and Kleer Semiconductor Corporation (collectively, “Kleer”) and Wireless Audio IP B.V. (“STS”) and to rationalize worldwide resources working on wireless audio products, and certain engineering positions. An additional $0.3 million was incurred in the first quarter of fiscal 2012 for additional severance and termination benefits and asset impairment charges relating to this restructuring plan. Costs incurred as result of this action will result in cash payments to be completed in the fourth quarter of fiscal 2012.

In the second quarter of fiscal 2011, the Company initiated a restructuring plan for severance and termination benefits for 9 employees of $0.1 million. An additional $0.3 million in expenses were incurred in the third and fourth quarters of fiscal 2011 relating to this plan. The Company expects the payments on these obligations to be completed in the fourth quarter of fiscal 2012.

In the fourth quarter of fiscal 2010, the Company initiated a restructuring plan for severance and termination benefits for 5 employees. The payments on these obligations were completed in the first quarter of fiscal 2012.

In the second quarter of fiscal 2010, the Company announced a plan to reduce its workforce by sixty-four employees in connection with the relocation of certain of its test floor activities from Hauppauge, New York to third party offshore facilities (Sigurd Microelectronics Corporation) in Taiwan. The payments on these obligations were completed in the first quarter of fiscal 2012.

In the fourth quarter of fiscal 2009, the Company announced a restructuring plan that included a supplemental voluntary retirement program and involuntary separations that would result in approximately a ten percent reduction in employee headcount and expenses worldwide. The payments on these obligations were completed in the first quarter of fiscal 2012.

The following tables summarize the activity related to the accrual for restructuring charges for the nine months ended November 30, 2011 and the twelve months ended February 28, 2011 (in thousands):

	Balance as of March 1, 2011		Severance & Benefits Charges			Assets Impairment		Payments			Balance as of November 30, 2011
Q4 Fiscal 2009 Restructuring Plan	$	2	$	-		$	-	$	(2	)	$	-
Q2 Fiscal 2010 Restructuring Plan		15		(15	)		-		-			-
Q4 Fiscal 2010 Restructuring Plan		27		-			-		(27	)		-
Q2 Fiscal 2011 Restructuring Plan		348		(23	)		-		(228	)		97
Q4 Fiscal 2011 Restructuring Plan		2,429		253			73		(2,481	)		274
Q2 Fiscal 2012 Restructuring Plan		-		418			-		(368	)		50
	$	2,821	$	633		$	73	$	(3,106	)	$	421

	Balance as of March 1, 2010		Severance & Benefits Charges		Assets Impairment		Payments			Non-Cash Items			Balance as of February 28, 2011
Q4 Fiscal 2009 Restructuring Plan	$	210	$	-	$	-	$	(212	)	$	4		$	2
Q2 Fiscal 2009 Restructuring Plan		101		-		-		(86	)		-			15
Q4 Fiscal 2010 Restructuring Plan		780		822		-		(1,440	)		(135	)		27
Q2 Fiscal 2011 Restructuring Plan		-		348		-		-			-			348
Q4 Fiscal 2011 Restructuring Plan		-		2,489		1,044		-			(1,104	)		2,429
	$	1,091	$	3,659	$	1,044	$	(1,738	)	$	(1,235	)	$	2,821