Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Restructuring charges

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Note 9 - Restructuring charges
 3 Months Ended
Mar. 31, 2013
Restructuring and Related Activities Disclosure [Text Block]
9.        Restructuring charges

During the first quarter of 2012 the Company executed its 2012 Plan to combine the operations of the San Jose and ZF Array Technologies (“ZF Array”) facilities into one facility.  The Company recorded restructuring charges of $451, consisting of severance costs of $196 and facility exit costs of $255. Staff levels were reduced by approximately 16 full-time equivalents (“FTEs”).

During the fourth quarter of 2012, the Company announced that the manufacturing operations of the Markham facility will discontinue in the second quarter of 2013 and recorded severance restructuring charges of $1,729, impacting approximately 197 FTEs.

During the first quarter of 2013, the restructuring accrual related to the closure of the Markham facility was increased by $452, impacting approximately 7 FTEs.

The following table details the change in restructuring accrual for the period from December 30, 2012 to March 31, 2013, relating to the 2012 Plan:

   
Severance
   
Facility
exit costs
   
Total
 
2012 Plan
                 
Balance as at December 30, 2012
  $ 1,472     $ 255     $ 1,727  
Charges
    452       —       452  
Payments
    (475 )     —       (475 )
                         
Balance as at March 31, 2013
  $ 1,449     $ 255     $ 1,704  

Remaining accrued amounts relating to the 2012 Plan in the United States and Markham are expected to be paid out by the end of the second quarter of 2014 through a drawdown on the revolving credit facilities.