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Restructuring Charges | 12 Months Ended
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Sep. 30, 2012
Restructuring Charges [Abstract] |
Restructuring Charges |
7. | Restructuring Charges
During the fiscal year ended September 30, 2012, the Company did not incur any restructuring charges. The charges for fiscal 2011 and 2010 described below have been presented separately as restructuring charges in the consolidated statements of operations. In addition, all restructuring costs related to SurModics Pharmaceuticals are included in discontinued operations and totaled $0.6 million in fiscal 2011 and $0.1 million in fiscal 2010. The following information in this footnote pertains to continuing operations only. In August 2011 (fiscal 2011), the Company announced a realignment of its business to optimize the Company’s resources according to its strategic plan. As a result of the organizational change, the Company eliminated approximately 10% of its workforce. These employee terminations occurred across various functions, and the reorganization plan was completed by the end of the fourth quarter of fiscal 2011. The Company recorded total pre-tax restructuring charges of $1.0 million in the fourth quarter of fiscal 2011, which consisted of severance pay and benefits expenses. In October 2010 (fiscal 2011), the Company announced initiatives to reduce its cost structure and renew its focus on business units to more closely match operations and cost structure with its customer environment. As a result of the organizational change, the Company eliminated approximately 8% of its workforce. These employee terminations occurred across various functions, and the reorganization plan was completed by the end of the first quarter of fiscal 2011. The Company recorded total pre-tax restructuring charges of $0.6 million in the first quarter of fiscal 2011, which consisted of $0.6 million of severance pay and benefits expenses. In March 2010 (fiscal 2010), the Company announced an organizational change designed to support future growth by better meeting customer needs and leveraging its multiple competencies across the organization. As a result of the reorganization, the Company eliminated approximately 5% of the Company’s workforce. These employee terminations occurred across various functions and the reorganization plan was completed by the end of the third quarter of fiscal 2010. The Company also vacated and subleased its leased sales office in Irvine, California as part of the reorganization plan. The leased space was vacated by the Company by March 31, 2010. The Company recorded total pre-tax restructuring charges of approximately $1.2 million in connection with the fiscal 2010 reorganization, which consisted of $0.8 million of severance pay and benefits expenses and $0.4 million of facility-related costs. Cash payments associated with the two fiscal 2011 restructuring events totaled $0.7 million during the year ended September 30, 2012, leaving a restructuring accrual balance of less than $0.1 million at September 30, 2012. There were also payments of less than $0.1 million during the year ended September 30, 2012 associated with facility-related costs related to the fiscal 2010 restructuring event, leaving a restructuring accrual balance of $0.2 million at September 30, 2012. The following table summarizes the restructuring accrual activity (in thousands):
|  | Employee Severance and Benefits |  |  | Facility- Related Costs |  |  | Total |
Balance at September 30, 2009 |  | $ | — |  |  | $ | 955 |  |  | $ | 955 |
Accruals during the year |  |  | 764 |  |  |  | 440 |  |  |  | 1,204 |
Cash payments |  |  | (760 | ) |  |  | (216 | ) |  |  | (976 | )
Balance at September 30, 2010 |  | $ | 4 |  |  | $ | 1,179 |  |  | $ | 1,183 |
Accruals during the year |  |  | 1,616 |  |  |  | — |  |  |  | 1,616 |
Cash payments |  |  | (890 | ) |  |  | (929 | ) |  |  | (1,819 | )
Balance at September 30, 2011 |  | $ | 730 |  |  | $ | 250 |  |  | $ | 980 |
Accruals during the year |  |  | — |  |  |  | — |  |  |  | — |
Cash payments |  |  | (720 | ) |  |  | (68 | ) |  |  | (788 | )
Balance at September 30, 2012 |  | $ | 10 |  |  | $ | 182 |  |  | $ | 192 |
The remaining restructuring accrual balance relates to the fiscal 2011 and 2010 restructurings and is expected to be paid within the next 15 months. As such, the current portion totaling $0.2 million is recorded as a current liability within other current liabilities on the consolidated balance sheet as of September 30, 2012.

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- 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section P -Subsection 3, 4 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 146 -Paragraph 20 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=6394695&loc=d3e140904-122747 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=6394695&loc=d3e140864-122747 + Details
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