Restructuring Charge |
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Mar. 31, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||
Restructuring And Related Activities [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||
Restructuring Charge |
Note 14 – Restructuring Charge: In fiscal 2018 and fiscal 2017, the Company’s workforce was aligned with market conditions by eliminating certain management, office and manufacturing positions. As a result, a restructuring charge of $316 and $630 was recognized in fiscal 2018 and fiscal 2017, respectively, which included severance and related employee benefit costs. The charges are included in the caption ''Restructuring Charge'' in the fiscal 2018 and fiscal 2017 Consolidated Statements of Operations. A reconciliation of the changes in the restructuring reserve in fiscal 2018 and fiscal 2017 is as follows:
The liability of $18 and $120 at March 31, 2018 and 2017, respectively, is included in the caption ''Accrued Compensation'' in the Consolidated Balance Sheets.
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- References No definition available.
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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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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