Quarterly report pursuant to Section 13 or 15(d)

Restructuring Charge

Restructuring Charge

9 Months Ended

Dec. 31, 2012

Noran Tel Restructuring

In the nine months ended December 31, 2012, the Company recognized restructuring expense of $149,000 in the Westell segment for personnel costs related to severance and other relocation costs for the Noran Tel relocation, described in Note 1. The total cost of this action was $424,000. The relocation was completed during the quarter ended September 30, 2012. As of December 31, 2012, $333,000 of these costs had been paid leaving an unpaid balance of $91,000 which is presented on the Condensed Consolidated Balance Sheet within Accrued compensation.

ConferencePlus Restructuring

In connection with the ConferencePlus sale, the Company retained a restructuring liability for personnel costs related to severance agreements with two former ConferencePlus executives. The entire March 31, 2012 balance of $338,000, which is presented on the Condensed Consolidated Balance Sheets within Accrued compensation, was paid during the nine months ended December 31, 2012.

CNS Asset Sale Restructuring

As a result of the CNS asset sale that occurred in the three months ended June 30, 2011, the Company initiated a cost reduction action that resulted in the termination of 12 employees in the CNS segment. The total cost of this restructuring action was $397,000, offset by $122,000 which was reimbursed by NETGEAR. As of March 31, 2012, all of these costs have been paid.

Total restructuring charges and their utilization for the nine months ended December 31, 2012 are summarized as follows:



(in thousands)	Employee-related			Other costs			Total
Liability at March 31, 2012	$	561		$	52		$	613
Charged	89			60			149
Utilized	(559		)	(112		)	(671		)
Liability at December 31, 2012	$	91		$	—		$	91

- 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 + Details