SeaChange International, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Severance and Other Restructuring Costs

Severance and Other Restructuring Costs

6 Months Ended

Jul. 31, 2014

Restructuring And Related Activities [Abstract]

6. Severance and Other Restructuring Costs

During the three and six months ended July 31, 2014, we incurred restructuring charges of $0.2 million and $0.7 million, respectively, related to severance costs for terminated employees in the three and six month periods ended July 31, 2014.

The following table shows the change in balances of our severance liability for three and six months ended July 31, 2014. These amounts are reported as a component of other accrued expenses on the consolidated balance sheet as of July 31, 2014 (amounts in thousands):


	Three Months Ended July 31, 2014			Six Months Ended July 31, 2014
Accrual balance at the beginning of the period	$	221		$	229
Severance charges accrued		218			692
Severance costs paid		(226	)		(708	)

Accrual balance as of July 31, 2014	$	213		$	213

- 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.

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