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Special Charges

3 Months Ended

Sep. 30, 2012

Restructuring, Settlement and Impairment Provisions [Abstract]

Special Charges

SPECIAL CHARGES

Special charges include costs that relate to certain restructuring initiatives that we have undertaken from time to time under our various restructuring plans, as well as acquisition related costs and other similar charges.

		Three Months Ended September 30, 2012
		2012				2011
Fiscal 2013 Restructuring Plan		$	7,578			$	—
Fiscal 2012 Restructuring Plan		584				6,684
Fiscal 2011 Restructuring Plan		(15		)		979
Fiscal 2010 Restructuring Plan		(2		)		(18		)
Acquisition-related costs		804				815
Other charges		605				(1,355		)
Total		$	9,554			$	7,105

Reconciliations of the liability relating to each of our materially outstanding restructuring plans are provided below:

Fiscal 2013 Restructuring Plan

In the first quarter of Fiscal 2013, we began to implement restructuring activities to streamline our operations (Fiscal 2013 restructuring plan). These charges relate to workforce reductions and facility consolidations. We expect to incur more charges under the Fiscal 2013 restructuring plan, as we execute the remaining restructuring actions. As of September 30, 2012, we expect total costs to be incurred in conjunction with the Fiscal 2013 restructuring plan to be approximately $15 million, of which $7.6 million has already been recorded within Special charges to date.

The recognition of these charges requires management to make certain judgments and estimates regarding the amount and timing of restructuring charges or recoveries. Our estimated liability could change subsequent to its recognition, requiring adjustments to the expense and the liability recorded. On a quarterly basis, we will conduct an evaluation of the related liabilities and expenses and revise our assumptions and estimates as appropriate.

A reconciliation of the beginning and ending liability for the three months ended September 30, 2012 is shown below.

Fiscal 2013 Restructuring Plan	Workforce reduction				Facility costs				Total
Balance as of June 30, 2012	$	—			$	—			$	—
Accruals and adjustments	4,872				2,706				7,578
Cash payments	(1,020		)		(184		)		(1,204		)
Foreign exchange	48				19				67
Balance as of September 30, 2012	$	3,900			$	2,541			$	6,441

Fiscal 2012 Restructuring Plan

In the first quarter of Fiscal 2012, we began to implement restructuring activities to streamline our operations (Fiscal 2012 restructuring plan). These charges relate to workforce reductions and facility consolidations. The recognition of these charges requires management to make certain judgments and estimates regarding the amount and timing of restructuring charges or recoveries. On a quarterly basis, we will conduct an evaluation of the related liabilities and expenses and revise our assumptions and estimates as appropriate.

Since the inception of the Fiscal 2012 restructuring plan, $17.5 million of costs have been recorded within Special charges. We do not expect to incur any further significant charges related to the Fiscal 2012 restructuring plan.

A reconciliation of the beginning and ending liability for the three months ended September 30, 2012 is shown below.

Fiscal 2012 Restructuring Plan	Workforce reduction				Facility costs				Total
Balance as of June 30, 2012	$	4,422			$	3,355			$	7,777
Accruals and adjustments	932				(348		)		584
Cash payments	(1,982		)		(380		)		(2,362		)
Foreign exchange	3				34				37
Balance as of September 30, 2012	$	3,375			$	2,661			$	6,036

Acquisition-related costs

Included within Special charges for the three months ended September 30, 2012 are costs incurred directly in relation to acquisitions in the amount of $0.7 million. Additionally, we incurred costs relating to financial advisory, legal, valuation and audit services and other miscellaneous costs necessary to integrate acquired companies into our organization, in the amount of $0.1 million.

Included within Special charges for the three months ended September 30, 2011 are costs incurred directly in relation to acquisitions in the amount of $0.8 million.

Other charges

Included within Special charges for the three months ended September 30, 2012 is a charge of approximately $0.6 million relating to revised sublease assumptions on a restructured facility acquired in a prior period.

Included within Special charges for the three months ended September 30, 2011 is (i) a recovery of $0.8 million relating to a reduction in an asset retirement obligation associated with a leased facility, and (ii) a recovery of $0.5 million relating to a new sublease on a restructured facility acquired in a prior period.

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- Definition

The entire disclosure for aggregate costs incurred during the period for restructuring, remediation, implementation, integration and asset impairment activities. Description of restructuring activities such as exit and disposal activities, could 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. This would also include disclosure of the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

+ References

No definition available.

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