Restructuring (Notes)

6 Months Ended

Dec. 31, 2013

During the three months ended December 31, 2013, we closed our Singapore location which provided strategic and administrative support services as part of our Most of World Segment. The following table summarizes the total restructuring costs incurred during the three and six months ended December 31, 2013. There were no such charges during the three and six months ended December 31, 2012.



	Three months ended December 31,		Six months ended December 31,
	2013		2013
Employee termination benefits	$	2,372	$	2,372
Facility termination costs (1)	614		614
Total restructuring expense	$	2,986	$	2,986

_____________________

(1) Inclusive of $472 of accelerated depreciation related to property, plant and equipment.

The following table summarizes the restructuring activity for the period ended December 31, 2013:



	Employee Termination Benefits			Facility Termination Costs
Accrued restructuring balance as of June 30, 2013	$	—		$	—
Restructuring additions	2,372			142
Cash payments	(2,171		)	(29		)
Accrued restructuring balance as of December 31, 2013	$	201		$	113

During the three months ended December 31, 2013, we recognized restructuring expense of $2,663 in general and administrative expense, $257 in technology and development expense and $66 in marketing and selling expense. We do not expect to incur any additional costs related to this restructuring activity in future periods, however estimates may change which could result in additional expense.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, 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.

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