TeleNav 2015 Annual Report Download - page 117

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Table of Contents
charges of $1.5 million related to severance and benefits for the positions eliminated. In addition, we consolidated our Shanghai office facilities
and recorded restructuring charges of $124,000 related to the forfeiture of our lease deposit. We also recorded restructuring charges of $99,000
related to the write-off of certain assets that were no longer useful to us based upon the changes in our business. Total restructuring charges
related to this plan were $1.7 million .
The activity related to the restructuring liabilities established during fiscal 2014 and 2015
is presented in the following table (in thousands):
Of the $2.6 million in total restructuring liabilities, $1.2 million was recorded in other accrued expenses and $1.4 million was recorded in
other long-term liabilities on our consolidated balance sheet as of June 30, 2015 .
F-32
Severance and
Benefits
Facility Exit
Costs and Asset
Impairment
Total
Balance at June 30, 2013
$
617
$
224
$
841
Restructuring expenses
2,454
1,958
4,412
Cash payments
(945
)
(729
)
(1,674
)
Other
1,290
1,290
Balance at June 30, 2014
$
2,126
$
2,743
$
4,869
Restructuring expenses
1,150
1,150
Cash payments
(2,123
)
(1,640
)
(3,763
)
Other
(3
)
391
388
Balance at June 30, 2015
$
$
2,644
$
2,644