Note 8— Commitments, Contingencies and Other Matters

Restructuring and Other Charges

During the three months ended March 31, 2014, we announced the consolidation of our Ft. Collins, Colorado facility into our Plainview, New York facility and took additional measures to improve profitability in a challenging business environment. We expect to substantially complete the consolidation by the end of 2014. We recorded restructuring charges of $0.4 million and notified approximately 49 employees of their termination from the Company. These charges consisted of personnel severance and related costs. We expect to incur approximately $1.3 million of additional restructuring charges in our Data Storage segment throughout the remainder of 2014 related to these actions. The reductions in head count principally relate to our Data Storage and MBE businesses.

During the three months ended March 31, 2013, we took measures to improve profitability in a challenging business environment and notified approximately 20 employees of their termination from the Company. As a result, we recorded restructuring charges of $0.5 million consisting of personnel severance and related costs.

Restructuring Liability

The following is a reconciliation of the restructuring liability through March 31, 2014 (in thousands):

	Rollforward of Restructuring Liability
	Balance as of		For the three months ended March 31, 2014							Balance as of		Short-term
	January 1, 2014		Expense Incurred		Cash Payments			Adjustments		March 31, 2014		portion
2012 Restructuring	$	195	$	—	$	(109	)	$	—	$	86	$	86
2013 Restructuring	338		—		(125		)	—		213		213
2014 Restructuring	—		392		(20		)	—		372		372
Total	$	533	$	392	$	(254	)	$	—	$	671	$	671

The balance of the short-term liability will be paid over the next 12 months.

The following is a reconciliation of the restructuring liability through December 31, 2013 (in thousands):

	Rollforward of Restructuring Liability
	Balance as of		For the year ended December 31, 2013							Balance as of		Short-term
	January 1, 2013		Expense Incurred		Cash Payments			Adjustments		December 31, 2013		portion
2012 Restructuring	$	1,875	$	—	$	(1,680	)	$	—	$	195	$	195
2013 Restructuring	—		1,485		(1,147		)	—		338		338
Total	$	1,875	$	1,485	$	(2,827	)	$	—	$	533	$	533