3Ware 2004 Annual Report Download - page 91

Download and view the complete annual report

Please find page 91 of the 2004 3Ware annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 104

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104

APPLIED MICRO CIRCUITS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
The following tables provide detailed activity related to each of our restructuring activities during the year
ended March 31, 2004 (in thousands):
Workforce
Reduction
Facilities
Consolidation and
Operating Lease
Commitments
Property
and
Equipment
Impairments Total
July 2001 Restructuring Program
Liability, March 31, 2003 ........................... $ — $ 351 $ — $ 351
Cash payments ................................... — (283) — (283)
Liability, March 31, 2004 ........................... $ — $ 68 $ — $ 68
July 2002 Restructuring Program
Liability, March 31, 2003 ........................... $1,898 $ 1,033 $ — $ 2,931
Noncash amounts ................................. — — — (666)
Cash payments ................................... (1,570) (825) — (2,395)
Adjustments to expense ............................ (328) (208) — (536)
Liability, March 31, 2004 ........................... $ — $ — $ — $ —
April 2003 Restructuring Program
Liability, March 31, 2003 ........................... $ 281 $ — $ — $ 281
Charged to expense ................................ 5,389 10,580 7,529 23,498
Noncash amounts ................................. — — (6,307) (6,307)
Cash payments ................................... (5,419) (2,973) — (8,392)
Adjustments to expense ............................ (200) (1,968) (1,222) (3,390)
Liability, March 31, 2004 ........................... $ 51 $ 5,639 $ — $ 5,690
November 2003 Restructuring Program
Liability, March 31, 2003 ........................... $ — $ — $ — $ —
Charged to expense ................................ 1,150 1,603 — 2,753
Noncash amounts ................................. — — — —
Cash payments ................................... (1,135) (258) — (1,393)
Liability, March 31, 2004 ........................... $ 15 $ 1,345 $ — $ 1,360
Acombined summary of the restructuring programs is as follows (in thousands):
Workforce
Reduction
Facilities
Consolidation and
Operating Lease
Commitments
Property
and
Equipment
Impairments Total
Liability, March 31, 2003 .......................... $2,179 $ 1,384 $ — $ 3,563
Charged to expense ........................... 6,539 12,183 7,529 26,251
Non-cash amounts ............................ — — (6,307) (6,307)
Cash payments ............................... (8,124) (4,339) — (12,463)
Adjustments to expense ........................ (528) (2,176) (1,222) (3,926)
Liability, March 31, 2004 .......................... $ 66 $ 7,052 $ — $ 7,118
F-21