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Impairment, restructuring and other charges
6 Months Ended
Dec. 31, 2015
Impairment, restructuring and other charges.  
Impairment, restructuring and other charges

5. Impairment, restructuring and other charges

 

During the three months ended December 31, 2015, the Company determined that certain fixed assets will not be used and that they are permanently impaired.  Also, the Company determined that it is more likely than not that a minority interest investment will not be recovered and that it is appropriate to impair the asset.

 

In addition, the Company accounts for certain nonrecurring charges related to restructuring activities, litigation or other charges as Impairment, restructuring and other charges in the condensed consolidated financial statements.

 

The following table summarizes the impairment, restructuring and other charges (in thousands):

 

 

 

Three Months Ended
December 31,

 

Six Months Ended
December 31,

 

 

 

2014

 

2015

 

2014

 

2015

 

Impairment of fixed assets

 

$

 

$

5,888 

 

$

 

$

5,888 

 

Impairment of minority interest investment

 

 

2,853 

 

 

2,853 

 

 

 

 

 

 

 

 

 

 

 

Total impairment charges

 

 

8,741 

 

 

8,741 

 

Employee termination costs

 

80 

 

542 

 

324 

 

542 

 

Charges related to government contract issues

 

1,737 

 

 

1,766 

 

 

Charges related to class action litigation

 

182 

 

 

625 

 

 

Legal settlement and related costs

 

 

1,718 

 

 

1,718 

 

Other

 

80 

 

96 

 

90 

 

96 

 

 

 

 

 

 

 

 

 

 

 

Total impairment, restructuring and other charges

 

$

2,079 

 

$

11,097 

 

$

2,805 

 

$

11,097 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of June 30 2015, and December 31, 2015, accrued restructuring and other charges were $3.4 million and $2.4 million, respectively, and included in Other accrued expenses in the condensed consolidated balance sheets.