Quarterly report pursuant to Section 13 or 15(d)

Restructuring Charge (Notes)

Restructuring Charge (Notes)

3 Months Ended

Jun. 30, 2016

Restructuring Charges

In the fourth quarter of fiscal year 2015, the Company approved a plan to restructure its business, including reduction of headcount and consolidation of office space within the Aurora headquarters facility, with the intent to optimize operations. The restructuring was substantially completed during the fourth quarter of fiscal year 2015 and impacted 17 employees. The Company recognized a restructuring expense of $3.2 million in the three months ended March 31, 2015, inclusive of a non-cash charge of $2.7 million related to a loss on a lease, net of sublease income (the 2015 restructuring). The Company recognized a restructuring expense of $17,000 in the three months ended June 30, 2015.

In the fourth quarter of fiscal year 2016, the Company approved a plan to restructure its business, including reduction of headcount and lease termination costs related to the design center in Canada, to bring operating costs and expenses in-line with anticipated business volumes (the 2016 restructuring). The Company recognized a net reduction of restructuring expense of $36,000 in the three months ended June 30, 2016. As of June 30, 2016, $1.1 million and $0.3 million of the restructuring costs, primarily related to the office space from the 2015 restructuring, are unpaid and accrued on the Condensed Consolidated Balance Sheets presented in accrued restructuring and accrued restructuring non-current, respectively. As of March 31, 2016, $1.5 million and $0.6 million of the restructuring costs, primarily related to the office space from the 2015 restructuring, are unpaid and accrued on the Condensed Consolidated Balance Sheets presented in accrued restructuring and accrued restructuring non-current, respectively. The restructuring costs are expected to be paid in full by fiscal year 2018 concurrent with the termination date of the contractual lease.

Total liability for restructuring charges and their utilization for the three months ended June 30, 2016 and 2015, are summarized as follows:



	Three months ended June 30, 2016									Three months ended June 30, 2015
(in thousands)	Employee-related			Other costs			Total			Employee-related			Other costs			Total
Liability at beginning of period	$	441		$	1,646		$	2,087		$	15		$	2,788		$	2,803
Charged	2			(38		)	(36		)	17			—			17
Paid	(434		)	(256		)	(690		)	(32		)	(324		)	(356		)
Liability at end of period	$	9		$	1,352		$	1,361		$	—		$	2,464		$	2,464

See Note 14, Subsequent Event.