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Impairment, restructuring and other charges
9 Months Ended
Mar. 31, 2016
Impairment, restructuring and other charges.  
Impairment, restructuring and other charges

 

5. Impairment, restructuring and other charges

 

During the nine months ended March 31, 2016, the Company determined that certain fixed assets will not be used and are permanently impaired.  The Company also 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
March 31,

 

Nine Months Ended
March 31,

 

 

 

2015

 

2016

 

2015

 

2016

 

Impairment of fixed assets

 

$

 

$

 

$

 

$

5,888 

 

Impairment of minority interest investment

 

 

 

 

2,853 

 

 

 

 

 

 

 

 

 

 

 

Total impairment charges

 

 

 

 

8,741 

 

Employee termination costs

 

1,606 

 

2,158 

 

1,930 

 

2,700 

 

Charges related to government contract issues

 

1,848 

 

496 

 

3,614 

 

496 

 

Charges related to class action litigation

 

 

 

625 

 

 

Legal settlement and related costs

 

 

125 

 

 

1,843 

 

Acquisition costs

 

 

1,438 

 

 

1,438 

 

Other

 

166 

 

320 

 

256 

 

416 

 

 

 

 

 

 

 

 

 

 

 

Total impairment, restructuring and other charges

 

$

3,620 

 

$

4,537 

 

$

6,425 

 

$

15,634 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of both June 30, 2015 and March 31, 2016, accrued restructuring and other charges were $3.4 million, and are included in Other accrued expenses in the condensed consolidated balance sheets.