Lam Research (LRCX)

Company ID: 273 | CIK: 0000707549
10-Q view:
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Segments are charted by their disclosed metrics (revenue, segment profit, etc.). Each line is a single segment. Reconciliation/corporate items are excluded. Major customers are shown as a percentage of revenue. Operational KPIs are grouped by metric concept; sub-metrics appear as separate lines.

Geographic Segments

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Major Customers (% of Revenue)

Operational KPIs

Order backlog (backlog)

New orders (bookings)

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Sales and support centers (branches)

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Stockholders of record (customers)

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Employees terminated in restructuring (headcount)

Vendor-Owned Inventory (inventory_units)

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Order Backlog (order_book)

New orders received (orders_received)

300mm Applications (other)

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300mm order mix (other)

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300mm share of etch shipments (other)

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300mm share of shipments (other)

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65nm-and-below share of shipments (other)

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Anticipated future revenue from Japanese shipments (other)

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Asia Pacific revenue mix (other)

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Available line of credit (other)

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Backlog shipped to Japan (other)

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Breakeven point (other)

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Call option shares (other)

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Call option shares acquired (other)

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Call options on common stock (other)

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Cash and cash equivalents (other)

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Cash and investments (other)

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Common Stock outstanding (other)

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Etch product revenue share (other)

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Etch shipments at 90nm node or below (other)

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Europe revenue mix (other)

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Expected annual cost savings (other)

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Export sales (other)

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Korea revenue mix (other)

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Line of credit borrowings (other)

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Liquidity reserves (other)

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New product revenue mix (other)

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Non-U.S. revenue share (other)

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Non-U.S. sales (other)

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North America revenue mix (other)

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Number Of Reportable Segments (other)

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Outstanding Shares (other)

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Product revenue concentration (other)

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Product warranty reserve (other)

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Put option shares (other)

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Put options on common stock (other)

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Quarterly breakeven revenue (other)

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Quarterly dividend declared (other)

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R&D as percentage of revenue (other)

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Receivables sold (other)

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Remaining share repurchase authorization (other)

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Research and development expense (other)

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Revenue by end market (other)

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Revenue by market (other)

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Revenue by market segment (other)

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Revenue by region (other)

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Revenue by type (other)

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Revenue from new products (other)

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Revenue in transit to Japan (other)

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Revenue pending Japanese acceptance (other)

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Revenue pending acceptance (other)

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Revenue share (other)

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Royalty income change (other)

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SG&A expense (other)

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SG&A expense percent of revenue (other)

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SG&A expense ratio (other)

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Sales and support centers (other)

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Sales and support locations (other)

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Share repurchase authorization remaining (other)

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Shipments (other)

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Shipped-not-titled revenue (other)

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Spares and service growth (other)

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Stock options outstanding (other)

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Stockholders of Record (other)

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Sub-65nm Applications (other)

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System revenue by market (other)

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System revenue mix (other)

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Systems revenue (other)

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Systems revenue from recent products (other)

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Taiwan revenue mix (other)

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Total cash and investments (other)

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Unaccepted Japan shipments (other)

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Unrecorded Japan shipments (other)

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Vendor consigned inventory (other)

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Vendor-owned consignment inventory (other)

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Warranty reserve (other)

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Workforce reduction (other)

Year 2000 customer support costs (other)

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Year 2000 program costs incurred (other)

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Revenue, Remaining Performance Obligation, Amount (rpo)

Facility square footage (square_footage)

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Shipments by Technology Node (units_shipped)

Human capital disclosures. Workforce totals and demographics are point-in-time. Flow metrics use the year-to-date period for 10-Q and full year for 10-K. Workforce actions (RIFs, restructurings, acquisition-related changes) are listed in the table at the bottom.

Workforce Totals

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Demographics

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Workforce Breakdowns

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HCM Metrics — Point-in-Time

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HCM Metrics — Flow (Annual / YTD)

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Workforce Actions

Period EndTypeStatusAffected% WorkforceAnnouncedExpected CompletionGeographySegment / FunctionChargeSourceNote
2025-06-29restructuringcompleted1,7602023-01-012024-06-30GlobalVariousUSD 182 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Initiated in fiscal year 2023, substantially complete as of June 30, 2024. Cumulative costs totaled $181.9 million. Terminated approximately 1,760 employees.
2025-06-29restructuringcompleted1,7602023-012024-06-30GlobalVariousUSD 182 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Plan initiated in Jan 2023, substantially complete as of June 30, 2024. Cumulative costs $181.9 million. Terminated approx 1,760 employees.
2024-12-29restructuringcompleted1,7602023-01-012024-06-30USD 182 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 2023 plan substantially completed as of June 30, 2024; cumulative costs $181.9 million; no charges recorded in the current six-month period. Announcement date approximated to January 2023 per MD&A.
2024-12-29restructuringcompleted1,7602023-012024-06-30GlobalCompany-wideUSD 182 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative program cost through June 30, 2024; plan substantially completed before this reporting period, with no restructuring charges recorded in the three or six months ended December 29, 2024
2024-09-29restructuringcompleted1,7602023-012024-06-30USD 182 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan announced January 2023; substantially completed as of June 30, 2024 with cumulative costs of $181.9 million. No restructuring charges recorded in the September 2024 quarter; remaining $1.1 million liability substantially satisfied during the quarter.
2024-09-29restructuringcompleted1,7602023-012024-06-30USD 182 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative program cost through June 30, 2024; plan substantially completed before this quarter and no restructuring charges were recorded in the September 2024 quarter. Remaining $1.1M liability substantially satisfied during the quarter.
2024-06-30restructuringcompleted1,7602023-012024-06-30GlobalCompany-wideUSD 62 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Cumulative through fiscal year-end: approximately 1,760 employees terminated under the plan initiated January 2023 (announced in quarter ended March 26, 2023) and continued into FY2024; charge shown is FY2024 only ($43.4M in cost of goods sold plus $18.2M in operating expenses). Cumulative program cost $181.9M; plan substantially complete as of June 30, 2024. Program also included relocation of certain manufacturing activities to pre-existing facilities.
2024-06-30restructuringcompleted1,7602023-01-012024-06-30GlobalVariousUSD 182 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Initiated in Q3 FY23; substantially complete as of June 30, 2024. Cumulative costs $181.9 million.
2024-06-30restructuringcompleted1,7602023-01-012024-06-30GlobalVariousUSD 182 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Announced January 2023. Terminated approximately 1,760 employees. Plan substantially complete as of June 30, 2024. Cumulative costs $181.9 million.
2024-06-30restructuringin_progressEmployee Severance [Member]USD 29,926,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-06-30restructuringin_progressOther Restructuring [Member]USD 31,636,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-06-30restructuringin_progress1,760USD 61,562,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-03-31restructuringin_progress1,7602023-01-012024-06-30USD 177 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan initiated in fiscal 2023 (announced January 2023) to align cost structure with economic outlook; approximately 1,760 employees terminated through March 31, 2024; cumulative costs of $177.4 million; expected to be substantially completed by the June 2024 quarter. Includes severance, non-cash severance, pension and other termination benefits, plus relocation of certain manufacturing activities.
2024-03-31restructuringin_progress2023-01-012024-06-30USD 30 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Net restructuring costs for the three months ended March 31, 2024: $15.2 million in cost of goods sold and $15.2 million in operating expenses, primarily employee severance and separation costs from workforce reduction activities during the quarter.
2024-03-31restructuringin_progress2023-01-012024-06-30USD 57 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Net restructuring costs for the nine months ended March 31, 2024: $38.1 million in cost of goods sold and $19.0 million in operating expenses.
2024-03-31restructuringin_progress1,7602023-012024-06-30GlobalCompany-wideUSD 177 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative program cost of $177.4M through 2024-03-31; ~1,760 employees terminated cumulatively. Q3 FY2024 charge was $30.4M ($15.2M in cost of goods sold, $15.2M in operating expenses); restructuring liability of $23.7M at quarter end. Plan announced January 2023 and expected substantially complete by the June 2024 quarter; includes relocation of certain manufacturing activities to pre-existing facilities.
2024-03-31restructuringin_progress1,7602023-01-012024-06-30GlobalVariousUSD 177 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Initiated in FY2023 to align cost structure. Through March 31, 2024, terminated approx. 1,760 employees. Cumulative costs $177.4M. Expected substantially completed by June 2024 quarter.
2024-03-31restructuringin_progressEmployee Severance [Member]USD 30,512,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressOther Restructuring [Member]USD 26,542,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progress1,760USD 57,054,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-24restructuringin_progress1,6502023-01-012024-06-30USD 147 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan initiated in fiscal 2023 to align cost structure with economic outlook; approximately 1,650 employees terminated through December 24, 2023; cumulative costs of $146.9 million; expected to be substantially completed by the June 2024 quarter. Includes severance, non-cash severance (equity award compensation), pension and other termination benefits, plus relocation of certain manufacturing activities.
2023-12-24restructuringin_progress2023-01-012024-06-30USD 17 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Quarterly restructuring charges for the three months ended December 24, 2023: $15.0 million in cost of goods sold and $1.7 million in operating expenses; increase vs. prior quarter driven primarily by facility-related restructuring charges.
2023-12-24restructuringin_progress2023-01-012024-06-30USD 27 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date restructuring charges for the six months ended December 24, 2023: $22.9 million in cost of goods sold and $3.7 million in operating expenses.
2023-12-24restructuringin_progress1,6502023-012024-06-30USD 147 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative program cost of $146.9M through 2023-12-24; ~1,650 employees terminated cumulatively since plan initiation in fiscal 2023. Six-month charge was $26.6M ($22.9M in COGS, $3.7M in opex); includes facility relocation and supplier-exit costs alongside severance. Plan announced January 2023 per Risk Factors; expected substantially complete by the June 2024 quarter.
2023-12-24restructuringin_progress1,6502023-01-012024-06-30GlobalVariousUSD 147 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan initiated in FY2023 to align cost structure. Through Dec 24, 2023, approx 1,650 employees terminated. Cumulative costs $146.9M. Expected substantially completed by June 2024 quarter.
2023-12-24restructuringin_progressEmployee Severance [Member]USD 7,256,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-24restructuringin_progressOther Restructuring [Member]USD 19,350,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-24restructuringin_progress1,650USD 26,606,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-24restructuringin_progress1,6502023-012023-12-24USD 130 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan initiated in fiscal 2023; approximately 1,650 employees terminated. Cumulative cost $130.3 million as of September 24, 2023; approximately $7 million of incremental charges expected in the quarter ending December 24, 2023. Q1 FY2024 net restructuring costs of $9.961 million ($7.9M in COGS, $2.0M in operating expenses).
2023-09-24restructuringin_progress1,6502023-012023-12-24USD 130 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative plan cost of $130.3M as of 2023-09-24; the ~1,650 terminations occurred in fiscal 2023, not this quarter. Q1 FY2024 expense was $9.961M ($7.9M in COGS, $2.0M in opex); ~$7M incremental charge expected in quarter ending 2023-12-24. Plan announced January 2023, initiated in quarter ended 2023-03-26.
2023-09-24restructuringin_progress1,6502023-03-262023-12-24GlobalVariousUSD 130 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan initiated in Q2 FY2023 to align cost structure. Terminated approx 1,650 employees. Cumulative cost $130.3M as of Sept 24, 2023. Expected substantially complete by Dec 24, 2023.
2023-09-24restructuringin_progressEmployee Severance [Member]USD 5,474,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-24restructuringin_progressOther Restructuring [Member]USD 4,487,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-24restructuringin_progress1,650USD 9,961,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-25restructuringin_progress1,6502023-012023-12-24GlobalCompany-wideUSD 107 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Approximately 1,650 employees terminated under the plan announced January 2023; severance and benefits expense of $107.1M within total FY2023 restructuring charges of $120.3M ($78.2M in cost of goods sold, $42.2M in operating expenses). Plan also included relocation of manufacturing activities and supplier exits; filer projects roughly $18M of incremental charges in the quarters ending September 24 and December 24, 2023.
2023-06-25acquisition_additioncompleted2022-112022-11-30Not disclosedNot disclosedUSD 154 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Two all-cash acquisitions of private companies completed November 2022, collectively valued at $153.8M; acquired headcount not disclosed.
2023-06-25restructuringcompleted1,6502023-01-01GlobalUSD 120 (thousands)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Initiated in January 2023. Terminated approximately 1,650 employees. Total net restructuring charges of $120.3 million ($78.2 million in COGS, $42.2 million in operating expenses).
2023-06-25restructuringin_progress1,6502023-01-012023-12-24GlobalVariousUSD 120 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Announced January 2023. Terminated approximately 1,650 employees. Total net restructuring charges of $120.3 million ($78.2M in COGS, $42.2M in OpEx). Expected to be substantially complete by December 24, 2023.
2023-06-25restructuringin_progressEmployee Severance [Member]USD 107,063,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-06-25restructuringin_progressOther Restructuring [Member]USD 13,253,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-06-25restructuringin_progress1,650USD 120,316,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-03-26restructuringin_progress1,4002023-012023-12-24USD 107 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan initiated in the March 2023 quarter to align cost structure with economic outlook; includes workforce reduction of approximately 1,400 employees and relocation of certain manufacturing activities to pre-existing facilities. Charges split $66.7M in cost of goods sold and $40.4M in operating expenses; approximately $40M of incremental charges expected through the quarter ending December 24, 2023. Restructuring liability of $80.4M at March 26, 2023. Risk factors indicate the plan was announced in January 2023.
2023-03-26restructuringin_progress1,4002023-01-012023-12-24GlobalCompany-wideUSD 107 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 1,400 employees terminated; charge includes $98.5M severance and benefits plus $8.6M other. Company anticipates roughly $40M in incremental charges through the quarter ending December 24, 2023. Announced January 2023 per risk factors.
2023-03-26acquisition_additioncompleted2022-11-012022-11-30business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Two private companies acquired in November 2022 for $153.8M in cash; headcount added not disclosed.
2023-03-26restructuringin_progress1,4002023-03-262023-12-24GlobalVariousUSD 107 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan initiated in March 2023 quarter to align cost structure with outlook. Includes severance, separation costs, and relocation of manufacturing activities. Incremental charges of approx $40M expected through Dec 2023.
2023-03-26restructuringin_progressEmployee Severance [Member]USD 98,508,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-26restructuringin_progressFacility Closing [Member]USD 8,620,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-26restructuringin_progress1,400USD 107,128,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-12-25restructuringannounced1,3002023-01USD 80 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Headcount reduction of approximately 1,300 employees to commence in the March 2023 quarter; estimated charges of approximately $80.0 million. Also disclosed in MD&A, which notes broader calendar-2023 expenditures of $150.0-$250.0 million for business process improvements inclusive of this restructuring.
2022-12-25restructuringannounced1,3002023-01GlobalUSD 80 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
January 2023 announcement of a plan to reduce headcount by approximately 1,300 employees; restructuring activity to commence in the quarter ending March 26, 2023; estimated charge of approximately $80.0 million. Also disclosed in MD&A Executive Summary.
2022-12-25acquisition_additioncompleted2022-11business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Two all-cash acquisitions of private companies completed in November 2022 valued at $153.8 million; headcount added not disclosed
2022-12-25restructuringannounced1,3002023-01-012023-03-26USD 80 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Plan to reduce headcount by approximately 1,300 employees as part of restructuring activity commencing in Q3 FY2023.
2019-03-31restructuringcompleted2019-03-31MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
A reduction in workforce occurred at the end of the March 2019 quarter; costs were included in employee-related expenses in R&D and SG&A. No employee count or charge amount was quantified.
2019-03-31restructuringin_progress2019-03-31Research and development; Selling, general and administrativeMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
MD&A attributes part of the quarter's higher R&D and SG&A expense to a reduction in workforce occurring at the end of the March 2019 quarter, alongside restructuring charges; no employee count or charge amount is disclosed. No separate restructuring footnote appears in this filing.
2019-03-31restructuringcompletedResearch and Development; Selling, General, and AdministrativeMD&A
f5-10q / Qwen3.6-27B-Q8_0
Filing mentions 'costs associated with a reduction in workforce occurring at the end of the March 2019 quarter' impacting R&D and SG&A expenses. No specific headcount or charge amount is disclosed.
2018-06-24acquisition_additioncompleted2017-08-282017-08-28United StatesSimulation and modeling solutions (Coventor, Inc.)USD 138 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Total purchase consideration $137.6M; headcount added through acquisition not disclosed
2018-06-24acquisition_additioncompleted2017-08-282017-08-28GlobalCoventor, Inc.USD 138 (millions)business_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquired outstanding shares of Coventor, Inc. on August 28, 2017. Headcount not explicitly disclosed.
2017-12-24acquisition_additioncompleted2017-08-282017-08-28United StatesSimulation and modeling solutions for semiconductor process technology, MEMS, and IoTUSD 138 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Coventor, Inc. acquired for total purchase consideration of $137.6 million; operating results included from acquisition date. Number of employees added was not disclosed.
2017-09-24acquisition_additioncompleted2017-08-28USD 138 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition of Coventor completed August 28, 2017 for $137.6 million; headcount added not disclosed
2017-09-24acquisition_additioncompleted2017-08-28United StatesSimulation and modeling solutions for semiconductor process technology, MEMS, and IoTbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Completed acquisition of privately held Coventor, Inc. for $137.6 million purchase consideration; no employee headcount for the acquired business was disclosed in this filing.
2016-03-27restructuringin_progressClean reporting unitUSD 4 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Nine-month R&D expense increase includes a $4 million charge for clean reporting unit restructuring; no employee count or completion date disclosed. A separate $3 million clean reporting unit restructuring charge is cited within the nine-month SG&A increase — the filing does not clarify whether these are the same or distinct charges.
2015-12-27restructuringin_progressClean (single-wafer clean systems reporting unit)USD 4 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charge of $4 million recorded in the September 2015 quarter; further restructuring charges for the clean reporting unit cited in the six-month R&D comparison. No employee counts, dates, or severance detail disclosed in this filing.
2015-09-27restructuringin_progressSingle-wafer clean reporting unitUSD 7 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Restructuring charges for the clean reporting unit in the September 2015 quarter, split roughly $4 million in R&D and $3 million in SG&A; no employee count disclosed
2015-09-27acquisition_additionannounced2015-10-20subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Agreement to acquire KLA-Tencor for approximately $5.0 billion cash plus about 80 million shares; no headcount figures disclosed
2015-09-27restructuringin_progressSingle-wafer clean reporting unitUSD 7 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charge comprised $4M in R&D and $3M in SG&A for the quarter; no employee count or completion date disclosed. Related to FY2015 goodwill impairment of the single-wafer clean unit.
2015-09-27acquisition_additionannounced2015-10-20subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-quarter merger agreement to acquire KLA-Tencor for ~$5.0B cash plus ~80M shares; no workforce/headcount figures disclosed. Closing subject to shareholder and regulatory approvals.
2015-09-27restructuringin_progressSingle-wafer clean reporting unitUSD 7 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Restructuring charges incurred for the clean reporting unit.
2015-03-29divestiture_reductioncompletedother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Company sold all of Peter Wolters, a subsidiary acquired with Novellus, during the nine months ended March 29, 2015; net pre-tax gain of $7.3 million. No employee count, date, or geography disclosed for the divestiture.
2014-12-28divestiture_reductioncompletedPeter WoltersUSD 7 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
During the six months ended December 28, 2014, the Company sold substantially all of Peter Wolters, a wholly owned subsidiary acquired in the Novellus acquisition; net pre-tax gain of approximately $7.3 million recognized in Other, net. No employee count disclosed.
2014-12-28restructuringcompletedSelling, general and administrativeUSD 2 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
A $2 million facility-related restructuring charge was recorded in the December 2014 quarter; no employee count, location, or timing details were disclosed.
2014-09-28divestiture_reductioncompleted2014-07-022014-07-02Peter Wolters (wholly owned subsidiary acquired as part of the Novellus acquisition)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of Peter Wolters completed July 2, 2014; net pre-tax gain of $7.3 million recognized in other expense, net. Headcount reduction not quantified, but cited as primary driver of the slight headcount decline to approximately 6,600.
2014-09-28divestiture_reductioncompleted2014-07-022014-07-02GermanyPeter Wolters subsidiary (acquired via Novellus acquisition)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of Peter Wolters on July 2, 2014; headcount decreased slightly to approximately 6,600 primarily due to this divestiture. Number of employees affected not disclosed. Net pre-tax gain of $7.3 million recorded in other expense, net.
2014-09-28divestiture_reductioncompleted2014-07-02MD&A
f5-10q / Qwen3.6-27B-Q8_0
Sale of Peter Wolters, a wholly owned subsidiary, on July 2, 2014, contributed to a slight decrease in employee headcount.
2014-06-29divestiture_reductioncompleted2014-07-022014-07-02International (Peter Wolters subsidiaries, primarily Europe)Strip & Clean (acquired via Novellus)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of substantially all of Peter Wolters on July 2, 2014, net proceeds ~$59 million, estimated pre-tax gain ~$6 million; no headcount disclosed
2013-06-30restructuringin_progressUSD 2 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2013 restructuring charges, net of $1.8 million disclosed in the statements of operations; no employees-affected count or headcount detail provided. Remaining March 2009 plan liability of $26.7 million relates to residual value guarantees on unoccupied leases rather than severance.
2013-06-30restructuringcompletedUSD 2 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Fiscal year 2013 restructuring charges, net were $1.8 million. Note 19 references a liability related to future rent obligations on unoccupied facilities assumed in the Novellus acquisition, expected to be paid by end of fiscal year 2017.
2013-06-30restructuringcompletedUSD 2 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Fiscal year 2013 restructuring charges of $1.8 million. Note 19 references a remaining liability of $11.4 million for future rent obligations on unoccupied facilities assumed in the Novellus acquisition, expected to be paid by end of fiscal 2017.
2013-06-30restructuringin_progressUSD 1,813,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-03-31acquisition_additioncompleted2012-06-04business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Novellus acquisition completed June 4, 2012; combined operations drove higher headcount and equity compensation expense, but no employee count added was disclosed
2013-03-31restructuringin_progress2015-06-30USD 1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Nine-month net restructuring charges of $1.0 million, primarily changes in sublease assumptions for previously restructured buildings; no charges in the March 2013 quarter; March 2009 Plan liability of $26.3 million expected to be paid by end of fiscal 2015; no employee counts disclosed
2013-03-31restructuringin_progress2015-06-30restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
No employee-affected count disclosed; current-period activity is a $1.4M release in the December 2012 quarter from revised sublease assumptions. Facilities liability balance of $26.3M at 2013-03-31, expected to be paid by end of fiscal 2015. Plan originally began in the March 2009 quarter; total charges incurred through 2013-03-31 were $59.9M.
2013-03-31restructuringin_progress2012-06-04USD 3 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Restructuring liability of $11.2M assumed in the Novellus acquisition relates to future rent on unoccupied facilities; no employee-affected count disclosed. $2.5M charge recorded in the nine months ended 2013-03-31 from revised sublease assumptions; balance of $11.4M at 2013-03-31.
2013-03-31restructuringin_progressUSD 1,021,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-12-23restructuringin_progressUSD 1,021,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-12-23restructuringin_progressRestructuring 2012 Actions [Member] / March Two Thousand Nine Plan [Member]USD 1,440,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-09-23acquisition_additioncompleted2012-06-04business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Novellus acquisition completed June 4, 2012; no employee headcount added disclosed. Assumed restructuring liability of $11.2 million for future rent obligations on unoccupied facilities; balance $10.5 million at September 23, 2012.
2012-09-23acquisition_additioncompleted2012-06-04business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
All-stock acquisition of Novellus Systems valued at approximately $3.0 billion; headcount added through the acquisition is not disclosed in this filing.
2012-06-24acquisition_additioncompleted2011-12-142012-06-04GlobalSemiconductor processing equipment (thin-film deposition and surface preparation)USD 36 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
All-stock acquisition of Novellus Systems valued at approximately $3.0 billion; $36 million of acquisition-related costs expensed in SG&A for FY2012. Novellus contributed approximately 1% of consolidated revenue and 25% of total assets from June 4, 2012; acquired headcount not disclosed. A $11.2 million restructuring liability for unoccupied facility rent was assumed in the transaction.
2012-06-24restructuringin_progress2015-06-30GlobalFacilities / product lineUSD 1 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2012 net restructuring and asset impairment charges of $0.9 million: a $1.7 million charge for decline in market value of certain facilities, offset by a $0.8 million release for an unrealized obligation on a previously restructured product line. Employees affected not disclosed. Remaining March 2009 Plan facilities liability of $27.7 million expected to be paid by end of fiscal 2015.
2012-06-24restructuringcompletedUSD 1 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Fiscal year 2012 restructuring and asset impairment charges of $0.9 million, consisting of a $1.7 million expense related to a decline in the market value of certain facilities partially offset by the release of $0.8 million related to a recorded obligation not realized for a previously restructured product line.
2012-06-24acquisition_additioncompleted2012-06-042012-06-04Item 1. Business
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Lam acquired Novellus Systems, Inc. on June 4, 2012. Employee count not explicitly disclosed for the acquired entity.
2012-06-24restructuringcompleted2008-06USD -1 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
June 2008 Plan: Recovery of $0.9 million related to recorded obligation not realized for previously restructured product line.
2012-06-24restructuringcompleted2009-032015-06restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
March 2009 Plan: Remaining liability of $27.7 million consists primarily of lease payments on vacated buildings, expected to be paid by end of fiscal 2015.
2012-06-24acquisition_additioncompleted2012-06-04business_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Novellus Systems, Inc. completed June 4, 2012. Headcount added not explicitly disclosed.
2012-06-24restructuringin_progressUSD 866,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-06-24restructuringin_progressRestructuring Program [Member]USD -859,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-06-24restructuringin_progressJune Two Thousand Eight Plan [Member] / Restructuring Program [Member]USD 859,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-06-24restructuringin_progressJune Two Thousand Eight Plan [Member]USD -859,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-03-25acquisition_additionannounced2011-12-14other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
All-stock merger with Novellus Systems announced December 14, 2011, valued at approximately $3.3 billion at announcement; no headcount added disclosed. Integration planning in progress per MD&A.
2012-03-25restructuringin_progressJune Two Thousand Eight Plan [Member]USD 859,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-12-25restructuringin_progress2009-03-012015-06-30Not specifiedFacilitiesrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Facilities liability of $28.1M at June 26, 2011 declined to $28.0M at December 25, 2011 after $0.2M cash payments; total charges incurred to date $61.3M; no employee counts disclosed; expected payment by end of fiscal 2015
2011-12-25restructuringcompleted2008-06-01Not specifiedClean Product Group (SEZ integration)USD -1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Released $0.9M reserve in the December 2011 quarter for an unrealized obligation; no remaining liabilities under this plan; no employee counts disclosed
2011-12-25restructuringcompleted2011-09-26Not specifiedFacilitiesUSD 2 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Asset impairment of $1.7M in the September 2011 quarter for decline in market value of certain facilities; no employee counts disclosed
2011-12-25restructuringin_progressJune Two Thousand Eight Plan [Member]USD -859,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-06-26restructuringin_progress2009-03-01Not specifiedFacilities (lease obligation reassessment)USD 12 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2011 activity under the March 2009 Plan, primarily facilities charges from reassessing obligations on previously restructured leases; no employee count disclosed. Facilities balance of $28.1M expected to be paid by end of fiscal 2015.
2011-06-26restructuringin_progress2008-12-01Not specifiedNot specifiedUSD 0 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2011 activity under the December 2008 Plan was a net credit of $0.23M in severance and benefits; remaining balance of $22 thousand anticipated to be paid by end of fiscal 2012. No employee count disclosed for FY2011.
2011-06-26restructuringin_progress2009-03-28GlobalVariousUSD 12 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
March 2009 Plan: $11.8 million incurred in FY2011, primarily facilities charges related to reassessment of future obligations for previously restructured leases. Total charges incurred as of June 26, 2011 under this plan were $61.3 million. Facilities balance expected to be paid by end of FY2015.
2011-06-26restructuringcompleted2008-12-28GlobalVariousUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
December 2008 Plan: $(0.2) million recovery in FY2011. Total charges incurred as of June 26, 2011 were $17.7 million. Severance balances anticipated to be paid by end of FY2012.
2011-06-26restructuringin_progress2009-032015-06GlobalFacilitiesUSD 12 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
March 2009 Plan: $11.8 million incurred in FY2011 primarily for facilities charges related to reassessment of future obligations for previously restructured leases. Remaining facilities balance of $28.1 million expected to be paid by end of FY2015.
2011-06-26restructuringcompleted2008-122012-06GlobalSeverance and BenefitsUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
December 2008 Plan: $(0.2) million recovery in FY2011. Remaining severance balance of $22,000 anticipated to be paid by end of FY2012.
2011-06-26restructuringin_progressUSD 11,579,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-06-26restructuringin_progressDecember 2008 Plan [Member]USD -230,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-06-26restructuringin_progressJune 2008 Plan [Member]USD -2,217,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-06-26restructuringin_progressMarch 2009 Plan [Member]USD 11,809,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-06-26restructuringin_progressOther Long-Term Liabilities [Member]USD 26,700,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-03-27restructuringin_progress2009-032015-06USD -5,163 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Nine-month amount is a net reversal of facilities-related accruals after a decision to occupy previously restructured facilities; no charges or reversals in the quarter ended March 27, 2011. No employee count disclosed. Remaining accrual at quarter-end: $11,149K facilities (expected paid by end of FY2015) and $43K severance (expected paid by end of FY2011); total charges incurred to date $44.3 million.
2011-03-27restructuringin_progress2008-12USD 0 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
No charges incurred during the three or nine months ended March 27, 2011. No employee count disclosed. Remaining severance and benefits accrual of $252K at quarter-end; total charges incurred to date $17.9 million.
2011-03-27restructuringin_progress2009-03-292015-06-30GlobalFacilitiesUSD -5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reversal of $5.2 million under March 2009 Plan due to decision to occupy previously restructured facilities. Facilities balance expected to be paid by end of fiscal year 2015.
2011-03-27restructuringin_progressUSD -5,163,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-12-26restructuringcompleted2009-03-01FacilitiesUSD -5 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 2011 reversal of prior restructuring charges after the company decided to occupy previously restructured facilities; no new charges in the December 2010 quarter. Remaining liability of $11.2 million at December 26, 2010, primarily lease payments on vacated buildings payable through fiscal 2015.
2010-12-26restructuringin_progress2009-03-012015-06-30USD -5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
March 2009 Plan; no employee counts disclosed. A $5.163M reversal was recorded in the six months ended December 26, 2010 (September 2010 quarter) after a decision to occupy previously restructured facilities; no charges in the December 2010 quarter. Remaining liability of $11.208M at period end, with facilities balance (lease payments on vacated buildings) expected to be paid by end of fiscal 2015. Announcement date approximate (filing states charges were incurred during the March 2009 quarter).
2010-12-26restructuringin_progress2008-12-01restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
December 2008 Plan; no charges incurred in the three or six months ended December 26, 2010. Remaining liability of $0.3M at period end relating to severance and benefits; total charges incurred through December 26, 2010 were $17.9M. No employee affected counts disclosed. Announcement date approximate (filing states charges were incurred during the December 2008 quarter).
2010-12-26restructuringin_progress2009-03-012015-06-30USD -5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reversal of $5.2 million under March 2009 Plan due to decision to occupy previously restructured facilities. Facilities balance expected to be paid by end of fiscal year 2015.
2010-12-26restructuringin_progressUSD -5,163,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-09-26restructuringin_progress2009-03-012015-06-30FacilitiesUSD -5 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reversal of prior restructuring charges after decision to occupy previously restructured facilities; remaining facilities liability of $11.2 million expected to be paid by end of fiscal 2015
2010-09-26restructuringin_progress2008-12-01Severance and benefitsUSD 0 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
No charges this quarter; remaining severance liability of $0.3 million unchanged from June 27, 2010
2010-09-26restructuringin_progress2009-03-012015-06-30Not specifiedFacilitiesUSD -5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
March 2009 Plan; quarter reflects a $5.2M reversal of facilities charges after a decision to occupy previously restructured space. Remaining facilities balance of $11.2M expected paid by end of FY2015; no employee-affected count disclosed.
2010-09-26restructuringin_progress2008-12-012011-06-26Not specifiedNot specifiedrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
December 2008 Plan; no charges in the quarter. Residual $0.3M severance and benefits liability relates to prior-year reductions; total plan charges to date $17.9M.
2010-09-26restructuringin_progress2009-03-012015-06-30FacilitiesUSD -5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reversal of $5.2 million under March 2009 Plan due to decision to occupy previously restructured facilities. Facilities balance expected to be paid by end of fiscal year 2015.
2010-09-26restructuringin_progressUSD -5,163,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-06-27restructuringin_progress2009-03-31Not specifiedCompany-wide (cost structure alignment)USD 21 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2010 activity only: $19.8M facilities, $0.5M severance, $0.6M abandoned assets. Announcement date is quarter-end approximation; no employee-affected counts disclosed. Remaining facilities balance expected paid by end of FY2015.
2010-06-27restructuringin_progress2008-12-31Not specifiedCompany-wide (cost structure alignment)USD 0 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2010 activity only: $92K severance and benefits. Announcement date is quarter-end approximation; no employee-affected counts disclosed. Severance balance expected paid by end of FY2011.
2010-06-27restructuringcompleted2008-06-302010-06-27Not specifiedClean Product Group (SEZ integration)USD -2 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2010 activity was a net recovery of $2.2M, primarily inventory previously restructured; plan balance reached zero at fiscal year-end. Announcement date is quarter-end approximation; no employee-affected counts disclosed.
2010-06-27restructuringcompletedNot specifiedManufacturing / productionUSD 6 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2010 asset impairments for production efficiencies and product demand shifts; $5.6M in cost of sales, $0.4M in operating expenses. No employee-affected counts or announcement date disclosed.
2010-06-27restructuringcompleted2008-06GlobalClean Product GroupUSD -2 (thousands)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Recovery of $2.2 million related primarily to inventory previously restructured in connection with initial product line integration road maps.
2010-06-27restructuringcompleted2008-12GlobalCorporateUSD 0 (thousands)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Expenses of $92,000 incurred during fiscal year 2010 under the December 2008 Plan.
2010-06-27restructuringin_progress2009-03GlobalCorporateUSD 21 (thousands)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Expenses of $20.9 million incurred during fiscal year 2010 consisting primarily of facilities charges related to reassessment of future obligations for previously restructured leases, severance and related benefits costs, and asset impairments.
2010-06-27restructuringcompletedGlobalManufacturingUSD 6 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
In addition to charges incurred under specific restructuring plans, during fiscal year 2010 we incurred $6.0 million of asset impairment charges related to production efficiencies and shifts in product demands.
2010-06-27restructuringcompleted2008-06-29Clean Product GroupUSD -2 (thousands)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Recovery of $2.2 million primarily related to inventory previously restructured. No employee count disclosed for FY2010 activity.
2010-06-27restructuringin_progress2008-12-282011-06-26USD 0 (thousands)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Charge of $92,000 for severance and benefits. Severance balances anticipated to be paid by end of fiscal year 2011. No employee count disclosed.
2010-06-27restructuringin_progress2009-03-292015-06-28USD 21 (thousands)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Charge of $20.9 million consisting primarily of facilities charges ($19.8 million), severance ($0.5 million), and asset impairments ($0.6 million). Facilities balance expected to be paid by end of fiscal year 2015. No employee count disclosed.
2010-03-28restructuringin_progress2008-06-01Clean Product Group (SEZ integration and streamlining)USD 38,000,000 (thousands)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Cumulative charges of $38.0 million as of March 28, 2010; no charges in the three or nine months ended March 28, 2010; remaining severance liability of $42 thousand
2010-03-28restructuringin_progress2008-12-01USD 18,000,000 (thousands)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Cumulative charges of $18.0 million as of March 28, 2010; $105 thousand of severance expense in the nine months ended March 28, 2010; remaining severance liability of $315 thousand
2010-03-28restructuringin_progress2009-03-012015-06-30USD 36,500,000 (thousands)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Cumulative charges of $36.5 million as of March 28, 2010; $7.9 million of charges in the nine months ended March 28, 2010; severance balances expected to be paid by end of fiscal 2010; facilities balance (lease payments net of sublease income on vacated buildings) expected to be paid by end of fiscal 2015
2010-03-28restructuringin_progress2009-03USD 8 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
FY2010 charges of $7.9M (severance $0.5M, facilities $6.8M, abandoned assets $0.6M); remaining accrual $5.2M at quarter-end. Number of employees affected not disclosed; severance balances expected paid by end of fiscal 2010, facilities balances by end of fiscal 2015.
2010-03-28restructuringin_progress2008-12USD 0 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
FY2010 charge of $0.105M, all severance and benefits; remaining accrual $0.315M at quarter-end. Number of employees affected not disclosed.
2010-03-28restructuringin_progress2008-06-30USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
June 2008 Plan: Balance at March 28, 2010 was $42k (Severance $42k, Facilities $0). Cash payments of $551k made during period.
2010-03-28restructuringin_progress2008-12-31USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
December 2008 Plan: Balance at March 28, 2010 was $315k (Severance). Fiscal year 2010 expense of $105k recorded.
2010-03-28restructuringin_progress2009-03-312015-06-30USD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
March 2009 Plan: Total balance at March 28, 2010 was $5.22M ($480k Severance, $4.74M Facilities). Severance expected paid by end of FY2010; Facilities by end of FY2015.
2009-12-27restructuringin_progress2009-03-01USD 6 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
December 2009 quarter charge under March 2009 Plan: $5.3M for present value of remaining lease payments net of sublease income on vacated facilities and $0.6M asset impairments; recorded in operating expenses. No employee count disclosed.
2009-12-27restructuringin_progress2009-03-01USD 8 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Six months ended December 27, 2009 charge: $0.6M severance and benefits for involuntarily terminated employees, $6.8M facilities lease payments net of sublease income, $0.6M asset impairments. Facilities balance expected to be paid by end of fiscal 2015.
2009-12-27restructuringin_progressUSD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
March 2009 Plan charges incurred in the December 2009 quarter: $5.3M for vacated facilities lease obligations net of sublease income and $0.6M asset impairments, recorded in operating expenses; no employee count disclosed. Six-month charge under the plan was $8.0M, including $0.6M severance and benefits. Remaining March 2009 Plan accrual at December 27, 2009 was $6.9M ($1.5M severance, $5.4M facilities); severance expected paid by end of fiscal 2010, facilities by end of fiscal 2015.
2009-12-27restructuringin_progressrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
December 2008 Plan remained open at quarter end with a $0.4M severance and benefits accrual ($0.7M at June 28, 2009, less $0.4M cash payments, plus $0.1M fiscal 2010 expense); no charges or employee counts disclosed for the current quarter.
2009-12-27restructuringin_progressrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
June 2008 Plan (SEZ integration and Clean Product Group streamlining) winding down; only $0.6M of cash payments during the six months, leaving a $0.04M accrual at December 27, 2009; no current-period charges or employee counts disclosed.
2009-12-27restructuringin_progress2009-03-012015-06-30GlobalVariousUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
March 2009 Plan: $8.0 million net charges for six months ended Dec 27, 2009, including $0.6M severance, $6.8M facilities, $0.6M asset impairments. Facilities balance expected paid by end of fiscal 2015.
2009-12-27restructuringin_progress2008-12-012010-06-30GlobalVariousUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
December 2008 Plan: $0.105 million expense for six months ended Dec 27, 2009. Severance balances anticipated paid by end of fiscal 2010.
2009-12-27restructuringin_progress2008-06-012010-06-30GlobalClean Product GroupUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
June 2008 Plan: No new expense recorded for six months ended Dec 27, 2009. Remaining balance $0.042 million.
2009-09-27restructuringin_progress2008-12-01USD 0 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Additional severance expense of $105 thousand under the December 2008 Plan during the September 2009 quarter; no employee count disclosed. Remaining severance balance of $504 thousand expected to be paid by end of fiscal 2010.
2009-09-27restructuringin_progress2009-03-01USD 2 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 2010 expense of $1.989 million under the March 2009 Plan in the September 2009 quarter, comprising $479 thousand severance and benefits and $1.510 million facilities costs (remaining lease payments on vacated buildings, net of sublease income). No employee count disclosed; severance balances expected to be paid by end of fiscal 2010, facilities by end of fiscal 2015.
2009-09-27restructuringin_progress2010-06-27USD 105 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
December 2008 Plan: fiscal 2010 severance expense of $105 thousand recognized in the September 2009 quarter; program announced during the quarter ended December 2008 (exact announcement date not disclosed). Number of employees affected not disclosed; severance balance of $504 thousand at quarter-end expected to be paid by end of fiscal 2010.
2009-09-27restructuringin_progressUSD 1,989 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
March 2009 Plan: fiscal 2010 expense of $1,989 thousand recognized in the September 2009 quarter ($479 thousand severance and benefits, $1,510 thousand facilities); program announced during the quarter ended March 2009 (exact announcement date not disclosed). Employees affected not disclosed; severance balance of $1,639 thousand expected paid by end of fiscal 2010, facilities balance of $526 thousand expected paid by end of fiscal 2015.
2009-09-27restructuringin_progress2008-06-28USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
June 2008 Plan: Cash payments of $0.525M reduced balance to $0.068M. No employee count disclosed for current quarter activity.
2009-09-27restructuringin_progress2008-12-272010-06-27USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
December 2008 Plan: Expense of $0.105M and cash payments of $0.285M. Severance balances anticipated to be paid by end of fiscal 2010.
2009-09-27restructuringin_progress2009-03-282015-06-27USD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
March 2009 Plan: Total expense of $1.989M ($0.479M severance, $1.510M facilities). Facilities balance expected to be paid by end of fiscal 2015.
2009-06-28restructuringin_progress2010-06-27Not specifiedClean Product Group (SEZ integration)USD 19 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program announced in the quarter ended June 29, 2008 (prior fiscal year); this record captures only the fiscal 2009 expense of $19.0 million, of which $12.6 million severance and benefits. Employee-affected counts not disclosed. Severance balance expected paid by end of fiscal 2010; facilities balance by end of fiscal 2015.
2009-06-28restructuringin_progress2010-06-27Not specifiedCompany-wide cost structure alignmentUSD 18 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Announced during the quarter ended December 28, 2008; exact announcement date not disclosed. Fiscal 2009 expense of $17.8 million, of which $16.4 million severance and benefits. Employee-affected counts not disclosed.
2009-06-28restructuringin_progress2010-06-27Not specifiedCompany-wide cost structure alignmentUSD 29 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Announced during the quarter ended March 29, 2009 with additional activity in the quarter ended June 28, 2009; exact announcement date not disclosed. Fiscal 2009 expense of $28.6 million, of which $23.0 million severance and benefits. Employee-affected counts not disclosed.
2009-06-28restructuringin_progress2008-06-292015-06-28GlobalClean Product GroupUSD 19 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
June 2008 Plan: Integration of SEZ and streamlining of Clean Product Group. Total charges $19.0 million for FY2009 activity. Facilities balance expected to be paid by end of FY2015.
2009-06-28restructuringin_progress2008-12-282010-06-28GlobalCorporateUSD 18 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
December 2008 Plan: Align cost structure with market uncertainties. Total charges $17.8 million for FY2009. Severance balance anticipated to be paid by end of FY2010.
2009-06-28restructuringin_progress2009-03-292010-06-28GlobalCorporateUSD 29 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
March 2009 Plan: Align cost structure with economic outlook. Total charges $28.6 million for FY2009. Severance balance anticipated to be paid by end of FY2010.
2009-06-28restructuringin_progress2008-06-292015-06-28GlobalClean Product GroupUSD 19 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
June 2008 Plan: Integration of SEZ and streamlining of Clean Product Group. Fiscal 2009 expense was $19.0 million. Facilities balance expected to be paid by end of fiscal 2015.
2009-06-28restructuringin_progress2008-12-282010-06-28GlobalCorporateUSD 18 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
December 2008 Plan: Align cost structure with market uncertainties. Fiscal 2009 expense was $17.8 million. Severance expected to be paid by end of fiscal 2010.
2009-06-28restructuringin_progress2009-03-292015-06-28GlobalCorporateUSD 29 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
March 2009 Plan: Align cost structure with economic outlook. Fiscal 2009 expense was $28.6 million. Facilities balance expected to be paid by end of fiscal 2015.
2009-03-29restructuringin_progress2008-06-29Clean Product Group (SEZ integration and streamlining)USD 19 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
June 2008 Plan charges included severance and benefits of $5.5M, facilities costs of $0.9M, abandoned fixed assets of $1.9M, and inventory/product-line integration impairments of $10.7M. Remaining liability of $6.5M at March 29, 2009; severance expected to be paid by end of fiscal 2010. Employee count not disclosed.
2009-03-29restructuringin_progress2008-12-28USD 18 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
December 2008 Plan charges consisted primarily of severance and benefits of $16.4M, plus asset impairments of $0.8M and excess facilities costs of $0.6M. Remaining liability of $1.9M at March 29, 2009; severance expected to be paid by end of fiscal 2010. Employee count not disclosed.
2009-03-29restructuringin_progress2009-03-29USD 23 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
March 2009 Plan charges consisted primarily of severance and benefits of $20.9M, plus asset impairments of $1.5M and excess facilities costs of $0.8M. Remaining liability of $17.7M at March 29, 2009; severance expected to be paid by end of fiscal 2010. Employee count not disclosed.
2009-03-29restructuringin_progress2010-06-30USD 23 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
March 2009 Plan: $20.9M severance/benefits, $1.5M asset impairments, $0.8M excess facilities; $10.2M in COGS, $13.0M in opex. Severance balance expected paid by end of FY2010. No employee count disclosed.
2009-03-29restructuringin_progress2010-06-30USD 18 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
December 2008 Plan: $16.4M severance/benefits, $0.8M asset impairments, $0.6M excess facilities; $7.7M in COGS, $10.1M in opex. Remaining severance balance $1.94M at quarter end. No employee count disclosed.
2009-03-29restructuringin_progress2010-06-30Clean Product GroupUSD 38 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
June 2008 Plan (SEZ integration / Clean Product Group streamlining): $19.0M in FY2008 plus $19.0M in September 2008 quarter; remaining balance $6.47M at quarter end. No employee count disclosed.
2009-03-29acquisition_additioncompleted2007-12-102008-12-28GlobalClean Product GroupUSD 639 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
SEZ acquisition; remaining shares acquired during six months ended 2008-12-28. Purchase price $639.2M including $226.0M goodwill. No headcount added disclosed.
2009-03-29otherannouncedLivermore, CaliforniaFacilitiessubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Decision during quarter ending 2009-06-28 not to occupy one of two Livermore lease buildings; off-balance-sheet lease with ~7-year term ending January 2015. Impact on results and financial condition under evaluation; no headcount or charge disclosed.
2009-03-29restructuringin_progress2008-06-292010-06-30GlobalClean Product GroupUSD 19 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
June 2008 Plan: Integration of SEZ and streamlining of Clean Product Group. Includes severance, facilities, and asset impairments. Remaining liability $6.5 million as of March 29, 2009.
2009-03-29restructuringin_progress2008-12-282010-06-30GlobalCorporateUSD 18 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
December 2008 Plan: Align cost structure with market uncertainties. Includes severance, facilities, and asset impairments. Remaining liability $1.9 million as of March 29, 2009.
2009-03-29restructuringin_progress2009-03-292010-06-30GlobalCorporateUSD 23 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
March 2009 Plan: Align cost structure with economic environment. Includes severance, facilities, and asset impairments. Remaining liability $17.7 million as of March 29, 2009.
2008-12-28restructuringin_progress2008-12-012009-06-28USD 18 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
December 2008 Plan to align cost structure with business opportunities amid economic uncertainty; charges include $16.4M severance and benefits for involuntarily terminated employees, $0.8M asset impairments, $0.6M excess facilities; $7.7M in COGS and $10.1M in operating expenses; severance balance of $11.4M expected to be utilized by end of fiscal 2009
2008-12-28restructuringin_progress2008-06-302009-06-28Clean Product GroupUSD 19 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
June 2008 Plan related to SEZ integration and streamlining of combined Clean Product Group; additional charges of approximately $19.0M in September 2008 quarter; remaining balance at December 28, 2008 of $14.2M, primarily severance, expected to be utilized by end of fiscal 2009
2008-12-28restructuringin_progress2008-06-302009-06-30GlobalClean Product Group (SEZ integration and streamlining)USD 19 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
June 2008 Plan: $19.0M total charges in June quarter (severance $5.5M, facilities $0.9M, fixed assets $1.9M, product line integration impairments $10.7M). Additional $19.0M in September 2008 quarter (severance $12.5M, asset impairments $6.5M). No employee headcount affected disclosed.
2008-12-28restructuringin_progress2008-12-012009-06-30GlobalCompany-wide cost structure alignmentUSD 18 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
December 2008 Plan: $17.8M charges in December quarter (severance $16.4M, asset impairments $0.8M, excess facilities $0.6M). Severance accrual balance $11.4M at quarter-end. No employee headcount affected disclosed. Expected annual savings of ~$94M across all three 2008 restructuring plans.
2008-12-28acquisition_additioncompleted2007-12-102008-12-28GlobalSEZ (single-wafer wet clean technology)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Company acquired remaining outstanding shares of SEZ during the six months ended December 28, 2008, completing ~100% ownership. No headcount added through acquisition disclosed.
2008-12-28restructuringin_progress2008-06-012009-06-28GlobalClean Product GroupUSD 19 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
June 2008 Plan: Integration of SEZ and streamlining of Clean Product Group. Charges include severance, facilities, and asset impairments. Employee count not disclosed.
2008-12-28restructuringin_progress2008-09-012009-06-28GlobalClean Product GroupUSD 19 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
September 2008 Plan: Additional expenses under June 2008 Plan. Charges include severance and asset impairments. Employee count not disclosed.
2008-12-28restructuringin_progress2008-12-012009-06-28GlobalGlobal OperationsUSD 18 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
December 2008 Plan: Align cost structure with business opportunities. Charges include severance, facilities, and asset impairments. Employee count not disclosed.
2008-09-28restructuringin_progress2008-06-292009-06-28Clean Product GroupUSD 19 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
September 2008 quarter charges of $19.0 million under the June 2008 Plan, comprising $12.5 million severance and benefits for involuntarily terminated employees and $6.5 million asset impairments related to product line integration road maps; $3.0 million recorded in cost of goods sold and $16.0 million in operating expenses. No employee count disclosed. Severance and facilities balances expected to be utilized by end of fiscal year 2009. Estimated annual savings of approximately $34 million.
2008-09-28restructuringin_progress2008-06-302009-06-30GlobalClean Product Group (SEZ integration)USD 19 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
June 2008 Plan; September 2008 quarter charges of $19.0M include $12.5M severance/benefits for involuntarily terminated employees and $6.5M asset impairments. Employee headcount affected not disclosed. Expected annual savings of approximately $34M.
2008-09-28acquisition_additioncompleted2007-12-10GlobalSingle-wafer wet clean technology (SEZ)USD 630 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
SEZ acquisition (~99% of shares) completed during fiscal year 2008; headcount added not disclosed in this filing.
2008-09-28restructuringin_progress2008-06-302009-06-28GlobalClean Product GroupUSD 19 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
June 2008 Plan: Integration of SEZ and streamlining of Clean Product Group. Q2 2009 charges include $12.5M severance/benefits and $6.5M asset impairments. Employee count not disclosed; severance liability balance is $16.0M.
2008-06-29restructuringin_progress2009-06-28GlobalCombined clean product group (post-SEZ integration)USD 19 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program initiated and approved during the quarter ended June 29, 2008; no specific announcement date given. Charge comprises $5.5M severance and benefits, $0.9M facilities, $1.9M abandoned fixed assets and $10.7M inventory/product-line impairments; $12.6M in cost of goods sold and $6.4M in operating expenses. Number of employees affected not disclosed. Severance and facilities balances expected to be utilized by end of fiscal 2009; estimated annual savings approximately $25M.
2008-06-29acquisition_additioncompleted2007-12-102008-03-11GlobalSingle-wafer wet cleanbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired approximately 99% of SEZ Holding AG shares under a Transaction Agreement dated December 10, 2007; acquisition date March 11, 2008. Cash consideration $619.3M plus $11.1M transaction costs. Headcount added not disclosed; SEZ represented 27% of consolidated total assets (including goodwill and intangibles) and 2% of revenue at fiscal year-end.
2008-06-29acquisition_additionin_progress2008-09-28ChinaSilicon growing and silicon fabricationUSD 3 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Subsequent-event purchase of Bullen Semiconductor (Suzhou) assets for $2.5M, with closing expected during the quarter ending September 28, 2008 — after the June 29, 2008 fiscal year end. Headcount added not disclosed. The related U.S. (Eaton, Ohio) asset acquisition closed November 13, 2006 in fiscal 2007 and is not included here.
2008-06-29restructuringcompleted2008-06-292009-06-28GlobalClean product groupUSD 19 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
June 2008 Plan related to integration of SEZ and streamlining of combined clean product group. Includes severance, facility costs, and asset impairments. Employee count not explicitly disclosed, but severance charges of $5.5 million recorded.
2008-06-29acquisition_additioncompleted2008-03-11GlobalSingle-wafer wet cleanbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of SEZ Holding AG. Headcount added not explicitly quantified in filing.
2008-06-29restructuringin_progress2008-06-292009-06-28GlobalClean product groupUSD 19 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
June 2008 Plan related to SEZ integration and streamlining of clean product group. Includes severance, facilities, and asset impairments. Employee count not explicitly disclosed.
2008-03-30acquisition_additioncompleted2008-03-11Austria / global (SEZ Holding AG)Spin Clean Division (single-wafer clean technology)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Lam acquired approximately 98% of SEZ Holding AG in an all-cash transaction completed March 11, 2008; the filing does not disclose the number of employees added via the acquisition.
2008-03-30acquisition_additioncompleted2007-12-102008-03-11Switzerland (global operations)Spin Clean Division (single-wafer clean technology)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of ~98% of SEZ Holding AG closed March 11, 2008; headcount added not disclosed in filing. Related $2.1M in-process R&D charge recorded, not a workforce charge.
2008-03-30acquisition_additioncompleted2008-03-11GlobalSpin Clean Divisionbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired approx. 98% of SEZ Holding AG. MD&A notes increased headcount attributed to acquisition in R&D and SG&A, but no specific employee count is disclosed.
2007-12-23acquisition_additionannounced2007-12-102008-03-11Switzerland (global operations)Single-wafer clean technology businessUSD 584 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Tender offer for SEZ Holding AG at CHF 38/share (CHF 606 million, ~US$584 million) completed 2008-03-11 with ~94% of shares acquired; no employee headcount impact disclosed.
2007-09-23acquisition_additioncompleted2007-12-102008-03-11Switzerland (global operations)Single-wafer clean technology businesssubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Tender offer for SEZ Holding AG completed 2008-03-11, acquiring approximately 94% of outstanding shares at CHF 38 per share (total CHF 606 million, approx. US$584 million). No employee headcount added disclosed in the filing.
2007-09-23acquisition_additioncompleted2008-03-11GlobalSingle-wafer clean technologyUSD 584 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Completed tender offer for SEZ Holding AG; acquired approx 94% of shares. Headcount not disclosed.
2007-06-24acquisition_additioncompleted2006-11-132006-11-13United States (Eaton, Ohio)Silicon growing and silicon fabrication (Bullen Semiconductor division)USD 177 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of U.S. silicon growing and fabrication assets of Bullen Ultrasonics; purchase price allocated to assets acquired, no employee count disclosed. Funded with existing cash.
2007-06-24acquisition_additionannounced2006-10-05China (Suzhou, Jiangsu)Silicon growing and silicon fabricationUSD 3 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Suzhou assets of the Bullen transaction not yet closed as of filing; closing conditioned on PRC governmental approvals. No employee count disclosed.
2007-06-24acquisition_additioncompleted2007-12-102008-03-11Switzerland (global operations)Single-wafer clean technology (SEZ Holding AG)USD 584 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Tender offer completed March 11, 2008 for approximately 94% of SEZ shares at CHF 38 per share (approx. US$584 million); occurred after fiscal year-end and before filing. No employee count disclosed.
2006-12-24acquisition_additioncompleted2006-11-13United StatesSilicon growing and silicon fabricationUSD 177 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired U.S. silicon growing and fabrication assets of Bullen Ultrasonics, Inc. on Nov 13, 2006. Headcount not disclosed.
2006-06-25restructuringcompletedUSD 0 (thousands)Item 6. Selected Consolidated Financial Data
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Fiscal year 2006 restructuring charges were $0. Footnote 1 states: 'There were no restructuring charges or recoveries included in cost of goods sold in fiscal years 2006 and 2005.'
2006-06-25restructuringcompletedUSD 0 (thousands)Item 6. Selected Consolidated Financial Data
f5-10k / Qwen3.6-27B-Q8_0
Fiscal year 2006 restructuring charges were $0. Note (1) states: 'There were no restructuring charges or recoveries included in cost of goods sold in fiscal years 2006 and 2005.' Fiscal year 2005 included $14.2 million in restructuring charges related to prior plans.
2005-12-25restructuringin_progress2011-06-30USD 3 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Total restructuring reserves of $2.8 million as of Dec 25, 2005, consisting primarily of lease payments on vacated buildings. $2.1 million expected to be paid over next 12 months; $0.7 million between FY2007 and FY2011.
2005-09-25restructuringin_progress2005-12-31USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance and benefits balance of $91,000 is anticipated to be utilized by the end of calendar year 2005. No specific employee count for this remaining balance is disclosed.
2005-09-25restructuringin_progress2011-06-30USD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Facilities balance of $4.5 million consists primarily of lease payments on vacated buildings, expected to be utilized by the end of fiscal year 2011.
2005-06-26restructuringcompleted2005-03-272005-06-26United States (Fremont, California area leased facilities)Facilities / CorporateUSD 14 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Charge recognized in quarter ended March 27, 2005 for guaranteed residual value obligation on previously vacated leased facilities ($17.4M remaining less $3.2M previously accrued); split $10.2M to FY2004 plans and $4.0M to FY2002 plans. Leases exited and $17.4M paid in quarter ended June 26, 2005. No employee separations disclosed for this action; exact announcement date not given (quarter-end used).
2005-06-26restructuringcompleted2004-03-28North America and EuropeVarious functionsUSD 7 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Fiscal year 2004 restructuring activities included reducing workforce by less than 40 employees. Net restructuring charges of approximately $6.7 million.
2005-06-26restructuringcompleted2002003-06-29North America, Europe, and AsiaVarious functionsUSD 18 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Fiscal year 2003 restructuring activities included reducing workforce by approximately 200 people. Restructuring charges of approximately $18.1 million.
2005-06-26restructuringcompleted1,0202002-12-30North America, Europe, and AsiaVarious functionsUSD 55 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Fiscal year 2002 restructuring activities included reducing workforce by approximately 1,020 people. Restructuring charges of approximately $54.8 million.
2005-06-26restructuringcompleted2005-03-272005-06-26Fremont, CaliforniaFacilitiesUSD 14 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Fiscal year 2005 activity: Recognized additional liabilities of $14.2 million in connection with guaranteed residual value obligation on certain leased facilities. No specific employee count disclosed for this facility-related charge.
2005-06-26restructuringcompleted2004-03-28North America, EuropeVariousUSD 7 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Fiscal 2004 plans: Reduced workforce by less than 40 employees. Net charges of $6.7 million.
2005-06-26restructuringcompleted2003-06-29North America, Europe, AsiaVariousUSD 18 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Fiscal 2003 plans: Reduced workforce by approximately 200 people. Charges of $18.1 million.
2005-06-26restructuringcompleted2001-12-30North America, Europe, AsiaVariousUSD 55 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Fiscal 2002 plans: Reduced workforce by approximately 1,020 people. Charges of $54.8 million.
2005-06-26restructuringcompleted2005-03-272005-06-26GlobalFacilitiesUSD 14 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Fiscal 2005 activity: Additional liabilities of $14.2 million recognized for guaranteed residual value obligation on leased facilities from prior plans. No specific headcount reduction disclosed for this charge.
2005-03-27restructuringin_progress2005-03-272006-03-26FacilitiesUSD 14 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Quarter ended March 27, 2005: additional liabilities recognized for guaranteed residual value obligation on leased facilities under prior restructuring plans; $10.2M added to fiscal 2004 plan and $4.0M to fiscal 2002 plan accruals. No employee headcount reduction disclosed for this charge; payment expected within twelve months. Prior plans referenced: fiscal 2004 plan reduced workforce by fewer than 40 employees; fiscal 2003 plans reduced approximately 200 people; fiscal 2002 plans reduced approximately 1,020 people.
2005-03-27restructuringin_progress2005-03-27United StatesFacilitiesUSD 14 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Facilities-related charge for guaranteed residual value obligations on leased facilities; $10.2M to Fiscal 2004 plans and $4.0M to Fiscal 2002 plans; no employee headcount reduction disclosed.
2005-03-27restructuringin_progress2005-03-27North AmericaFacilitiesUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Additional liabilities recognized for guaranteed residual value obligation on leased facilities included in prior restructuring plans (Fiscal 2004 Plan). No employee count disclosed for this specific charge.
2005-03-27restructuringin_progress2005-03-27North AmericaFacilitiesUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Additional liabilities recognized for guaranteed residual value obligation on leased facilities included in prior restructuring plans (Fiscal 2002 Plan). No employee count disclosed for this specific charge.
2004-12-26restructuringin_progress2004-03-28North America, Europe, AsiaUSD 7 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 2004 plan reduced workforce by fewer than 40 employees, primarily in North America and Europe, and vacated selected facilities in North America and Asia. Net fiscal 2004 charges of ~$6.7 million include severance ($1.2M), lease payments on vacated facilities ($2.8M), leasehold improvement write-offs ($1.6M), a Japan lease cancellation charge (~$1.0M) and related write-offs ($2.1M), partially offset by recoveries. Remaining reserve at 2004-12-26: $1.897 million (facilities).
2004-12-26restructuringin_progress2002002-12-29North America, Europe, AsiaSales and administrative functionsUSD 18 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 2003 plans (June 2003, March 2003, December 2002) reduced workforce by approximately 200 people and vacated selected sales and administrative facilities. Charges of ~$18.1 million: $5.7M severance and benefits, $12.4M facilities-related. Remaining reserve at 2004-12-26: $5.754 million (facilities).
2004-12-26restructuringin_progress1,0202001-12-30North America, Europe, AsiaEtch product lines; Fremont, California campus facilitiesUSD 55 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 2002 plans (December 2001 and September 2001) reduced workforce by approximately 1,020 people (~83% North America, ~17% Europe/Asia Pacific), vacated Fremont facilities, closed certain Asia offices, and discontinued manufacture of specific etch products. Charges ~$54.8 million including ~$7.6M inventory write-downs. Remaining reserve at 2004-12-26: $2.964 million.
2004-12-26restructuringin_progress402004-03-28North America and EuropeUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fiscal 2004 restructuring activities included reducing workforce by less than 40 employees. Net charges of $6.7 million recorded for fiscal year 2004.
2004-12-26restructuringin_progress2002003-06-29North America, Europe, and AsiaUSD 18 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fiscal 2003 restructuring activities included reducing workforce by approximately 200 people. Charges of $18.1 million recorded in fiscal 2003.
2004-12-26restructuringin_progress1,0202002-12-30North America, Europe, and AsiaUSD 55 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fiscal 2002 restructuring activities included reducing workforce by approximately 1,020 people. Charges of $54.8 million recorded in fiscal 2002.
2004-09-26restructuringin_progress402004-03-28North America and Europe (workforce); North America and Asia (facilities)Multiple functions and organizational levelsUSD 7 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Workforce reduction of fewer than 40 employees; fiscal 2004 net charge of ~$6.7M comprising $1.2M severance and benefits, $2.8M present value of remaining lease payments on vacated facilities, $1.6M leasehold improvement write-offs, plus ~$1.0M Japan lease cancellation and $2.1M leasehold write-offs, partially offset by recoveries. Remaining reserve at 2004-09-26: $2.0M (facilities); severance balance fully paid during the quarter.
2004-09-26restructuringin_progress2004-03-28North America and EuropeVarious functionsUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fiscal 2004 restructuring (March 2004 Plan) involved reducing workforce by less than 40 employees. Severance charge of $1.2 million recorded for fiscal 2004 total.
2004-09-26restructuringin_progress2003-12-28North America, Europe, and AsiaVarious functionsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fiscal 2003 restructuring plans (June, March, Dec) involved reducing workforce by approx 200 people. Total severance charge for fiscal 2003 was $5.7 million.
2004-09-26restructuringin_progress2001-12-30North America, Europe, and AsiaVarious functionsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fiscal 2002 restructuring plans (Dec 2001, Sep 2001) involved reducing workforce by approx 1,020 people. Specific severance charge for this period not isolated in footnote, but total fiscal 2002 charges were $54.8 million.
2004-06-27restructuringin_progress202003-09-282005-06-26North America and EuropeMultiple functions and levelsUSD 1 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Approximately 20 employees reduced plus vacating facilities in North America and Asia; $1.2M provision includes severance, remaining lease payments and leasehold write-offs; $64K reserve balance remained at fiscal year-end
2004-06-27restructuringin_progress2003-12-282005-06-26Primarily North AmericaMultiple functions and levelsUSD 4 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Filer states fewer than 20 employees reduced (no exact count given) plus vacating one North America facility; $4.2M provision covers severance, remaining lease payments and leasehold write-offs; $2.0M reserve balance remained at fiscal year-end
2004-06-27plant_closurecompleted2004-03-282004-06-27JapanFacilitiesUSD 3 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Cancellation of a Japan facility lease deemed no longer useful ($1.0M) plus $2.1M write-off of related leasehold improvements; no headcount reduction disclosed; reserve balance fully settled at fiscal year-end
2004-06-27restructuringcompleted2004-03-28JapanUSD 3 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Cancellation of lease agreement ($1.0M) and write-off of leasehold improvements ($2.0M). No employee count disclosed.
2004-06-27restructuringcompleted202003-12-28North AmericaUSD 4 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reducing workforce by less than 20 employees and vacating a facility. Charge includes severance, lease payments, and write-offs.
2004-06-27restructuringcompleted202003-09-28North America, Europe, AsiaUSD 1 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reducing workforce primarily in North America and Europe by approx 20 people and vacating selected facilities.
2004-06-27restructuringcompleted302003-06-29North America, Europe, AsiaUSD 8 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reducing workforce in North America, Europe, and Asia by approx 30 people and vacating selected facilities.
2004-06-27restructuringcompleted502003-03-30North America, EuropeUSD 5 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reducing workforce in North America and Europe by approx 50 people and vacating selected facilities.
2004-06-27restructuringcompleted1202002-12-29North America, Europe, AsiaUSD 6 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reducing workforce in North America, Europe, and Asia by approx 120 employees and vacating selected facilities.
2004-06-27restructuringcompleted2004-03-28JapanUSD 3 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Cancellation of lease and write-off of leasehold improvements. No specific employee count disclosed for this plan.
2004-06-27restructuringcompleted202003-12-28North AmericaUSD 4 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Reducing workforce by less than 20 employees and vacating a facility.
2004-06-27restructuringcompleted202003-09-28North America, Europe, AsiaUSD 1 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Reducing workforce by approximately 20 people and vacating selected facilities.
2004-06-27restructuringcompleted302003-06-29North America, Europe, AsiaUSD 8 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Reducing workforce by approximately 30 people and vacating selected facilities.
2004-06-27restructuringcompleted502003-03-30North America, EuropeUSD 5 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Reducing workforce by approximately 50 people and vacating selected facilities.
2004-06-27restructuringcompleted1202002-12-29North America, Europe, AsiaUSD 6 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Reducing workforce by approximately 120 employees and vacating selected facilities.
2004-06-27restructuringcompleted4702001-12-30North America, Europe, AsiaUSD 34 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Reducing workforce by approximately 470 employees, vacating facilities, and closing offices. Activity continued into FY2004 with additional charges and recoveries.
2004-06-27restructuringcompleted5502001-09-23North America, Europe, AsiaUSD 21 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Reducing workforce by approximately 550 employees, vacating facilities, and discontinuing manufacture of specific products. Activity continued into FY2004 with recoveries from inventory sales.
2004-03-28restructuringin_progress2004-03-28JapanFacilitiesUSD 3 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Charge for cancellation of a Japan facility lease (~$1.0M) and write-off of related leasehold improvements (~$2.1M); no employee headcount reduction disclosed for this plan.
2004-03-28reduction_in_forcecompleted202003-12-28North AmericaMultiple functions and levelsUSD 4 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Workforce reduced by fewer than 20 employees, primarily North America; also vacated a North America facility. Charge covers severance, remaining lease payments, and leasehold improvement write-offs.
2004-03-28reduction_in_forcein_progress202003-09-28North America and EuropeMultiple functions and levelsUSD 1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Workforce reduced by approximately 20 people, majority in North America; selected facilities in North America and Asia vacated.
2004-03-28reduction_in_forcein_progress302003-06-29North America, Europe, and AsiaMultiple functions and levelsUSD 8 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Workforce reduced by approximately 30 people, majority in North America; includes ~$1.0M loss on fair value of a vacated Fremont facility.
2004-03-28reduction_in_forcein_progress502003-03-30North America and EuropeMultiple functions and levelsUSD 5 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Workforce reduced by approximately 50 people, majority in North America; selected North America sales and administrative facilities vacated.
2004-03-28reduction_in_forcein_progress1202002-12-29North America, Europe, and AsiaMultiple functions and levelsUSD 6 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 65% of affected employees in North America, ~35% in Asia and Europe; selected facilities vacated.
2004-03-28reduction_in_forcein_progress4702001-12-30North America, Europe, and AsiaMultiple functions and levelsUSD 34 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 80% of affected employees in North America, ~20% in Asia and Europe; included vacating Fremont campus facilities and closure of certain Asia offices.
2004-03-28restructuringin_progress5502001-09-23North America, Europe, and AsiaMultiple functions; etch product linesUSD 21 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 85% of affected employees in North America, 15% in Asia and Europe; included discontinuance of specific etch product systems with ~$7.6M inventory write-down.
2004-03-28restructuringcompleted202003-09-28North America and EuropeUSD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 20 employees reduced, primarily in North America and Europe, plus vacating selected facilities; provision $1.23M, remaining balance $79K at quarter end.
2004-03-28restructuringin_progress2003-12-28North AmericaUSD 4 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Fewer than 20 employees reduced (filer states 'less than 20'), primarily in North America, plus vacating one North American facility; provision $4.169M, remaining facilities balance $2.229M at quarter end.
2004-03-28plant_closurein_progress2004-03-28JapanUSD 3 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Lease cancellation for a Japan facility ($1.0M) plus $2.1M write-off of related leasehold improvements; no employee separations disclosed under this plan; balance $170K at quarter end.
2004-03-28restructuringin_progress2004-03-28JapanUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
March 2004 Plan: Lease cancellation and leasehold write-off. Employee count not disclosed.
2004-03-28restructuringin_progress2003-12-28North AmericaUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
December 2003 Plan: Workforce reduction of less than 20 employees and facility vacating. Specific employee count not disclosed in footnote table.
2004-03-28restructuringin_progress2003-09-28North America, Europe, AsiaUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
September 2003 Plan: Workforce reduction of approximately 20 people and facility vacating. Specific employee count not disclosed in footnote table.
2004-03-28restructuringin_progress2003-06-29North America, Europe, AsiaUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
June 2003 Plan: Workforce reduction of approximately 30 people and facility vacating. Specific employee count not disclosed in footnote table.
2004-03-28restructuringin_progress2003-03-30North America, EuropeUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
March 2003 Plan: Workforce reduction of approximately 50 people and facility vacating. Specific employee count not disclosed in footnote table.
2004-03-28restructuringin_progress2002-12-29North America, Europe, AsiaUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
December 2002 Plan: Workforce reduction of approximately 120 employees and facility vacating. Specific employee count not disclosed in footnote table.
2004-03-28restructuringin_progress2001-12-30North America, Europe, AsiaUSD 34 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
December 2001 Plan: Workforce reduction of approximately 470 employees, facility vacating, and office closures. Specific employee count not disclosed in footnote table.
2004-03-28restructuringin_progress2001-09-23North America, Europe, AsiaUSD 21 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
September 2001 Plan: Workforce reduction of approximately 550 employees, facility vacating, and product line discontinuance. Specific employee count not disclosed in footnote table.
2003-12-28restructuringin_progress2003-12-28Primarily North AmericaMultiple functions and levelsUSD 4 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Workforce reduced by fewer than 20 employees; charge covers severance and benefits, remaining lease payments on vacated facilities, and write-off of leasehold improvements. Severance provision $0.35M, facilities $2.305M, abandoned fixed assets $1.514M.
2003-12-28restructuringin_progress202003-09-28Primarily North America; also Europe and AsiaMultiple functions and levelsUSD 1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 20 people reduced; charge covers severance and benefits, remaining lease payments on vacated facilities, and write-off of leasehold improvements. Severance provision $0.713M, facilities $0.394M, abandoned fixed assets $0.123M.
2003-12-28restructuringin_progress2003-12-28North AmericaMultiple functions across the organizationUSD 4 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Workforce reduced by fewer than 20 employees (exact count not disclosed); charge comprises severance $0.4M, facilities $2.3M, leasehold write-off $1.5M. Announcement date is quarter-end; exact date not disclosed. Severance reserve anticipated utilized by end of calendar 2004; facilities obligations extend to fiscal 2008.
2003-12-28restructuringin_progress202003-09-28North America and Europe (workforce); North America and Asia (facilities)Multiple functions across the organizationUSD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 20 people reduced, majority in North America; announced in the quarter ended September 28, 2003 (first quarter of fiscal 2004, within the year-to-date period). Expected quarterly savings of approximately $0.5 million.
2003-12-28restructuringin_progress202003-12-28North AmericaUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
December 2003 Plan: reduced workforce by less than 20 employees, primarily in North America; vacated facility in North America.
2003-12-28restructuringin_progress202003-09-28North America, Europe, AsiaUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
September 2003 Plan: reduced workforce primarily in North America and Europe by approximately 20 people; vacated facilities in North America and Asia.
2003-09-28restructuringin_progress202003-09-28North America, Europe, and AsiaBroad range of functions; majority of reductions in North AmericaUSD 1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Workforce reduced by approximately 20 people primarily in North America and Europe; selected facilities in North America and Asia vacated. Charge of ~$1.2 million consisting of severance and benefits, remaining lease payments on vacated facilities, and write-off of leasehold improvements. Reserve balance at September 28, 2003: $584 thousand.
2003-09-28restructuringin_progress302003-06-29North America, Europe, and AsiaBroad range of functions; majority of reductions in North AmericaUSD 8 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Workforce reduced by approximately 30 people; selected sales and administrative facilities vacated. Charge of ~$7.6 million including severance, present value of remaining lease payments, a $1.0 million loss on fair value of a vacated Fremont facility, and leasehold improvement write-offs. Reserve balance at September 28, 2003: $5,997 thousand.
2003-09-28restructuringin_progress502003-03-30North America and EuropeBroad range of functions; majority of reductions in North AmericaUSD 5 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Workforce reduced by approximately 50 people; selected sales and administrative facilities in North America vacated. Charge of ~$4.7 million for severance and benefits, remaining lease payments, and leasehold improvement write-offs. During the quarter ended September 28, 2003, $0.3 million recovered due to lower than estimated severance costs. Reserve balance at September 28, 2003: $2,061 thousand.
2003-09-28restructuringin_progress1202002-12-29North America, Europe, and AsiaBroad range of functions; approximately 65% North America, 35% Asia and EuropeUSD 6 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Workforce reduced by approximately 120 employees; selected sales and administrative facilities vacated. Charge of $5.7 million for severance and benefits, remaining lease payments, and leasehold improvement write-offs. Reserve balance at September 28, 2003: $1,370 thousand.
2003-09-28restructuringin_progress4702001-12-30North America, Europe, and AsiaBroad range of functions; approximately 80% North America, 20% Asia and EuropeUSD 34 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Workforce reduced by approximately 470 employees; selected administrative and warehouse facilities at Fremont, California campus vacated and certain Asia offices closed. Charge of $33.8 million for severance and benefits, remaining lease payments, and write-offs of leasehold improvements and fixed assets.
2003-09-28restructuringin_progress5502001-09-23North America, Europe, and AsiaBroad range of functions; approximately 85% North America, 15% Asia and Europe; etch product line manufacturing discontinuedUSD 21 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Workforce reduced by approximately 550 employees; selected Fremont headquarters facilities vacated and manufacture of specific etch product line products discontinued. Charge of $21.0 million including severance, remaining lease payments, leasehold improvement write-offs, and ~$7.6 million of discontinued inventory write-downs.
2003-09-28restructuringin_progress20Primarily North America and Europe (workforce reductions); facilities vacated in North America and AsiaBroad range of functions and multiple levels of the organizationUSD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 20 employees reduced plus selected facilities vacated; charge comprised $713K severance and benefits, $394K facilities, $123K abandoned fixed assets; $584K reserve balance remained at quarter end. Exact announcement date not disclosed; plan committed during the quarter ended September 28, 2003. Prior-quarter plans (June 2003, March 2003, December 2002) show only cash payments and reversals this quarter and are not re-extracted here.
2003-09-28restructuringin_progress202003-09-28North America and EuropeUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
September 2003 Plan: Reduction of approximately 20 people primarily in North America and Europe; vacating selected facilities in North America and Asia.
2003-06-29restructuringcompleted1202002-12-292003-12-31North America, Europe, and AsiaMultiple organizations and levelsUSD 6 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Reduced workforce by ~120 employees and vacated selected sales/office facilities; ~65% from North America, ~35% from Asia and Europe. Charge includes severance ($3.3M), lease payments ($1.9M), and leasehold write-offs ($0.5M).
2003-06-29restructuringcompleted502003-03-302003-12-31North America and EuropeMultiple organizations and levelsUSD 5 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Reduced workforce by ~50 people and vacated selected sales/office facilities in North America; majority of reductions in North America. Charge includes severance ($1.6M), lease payments ($2.9M), and leasehold write-offs ($0.2M).
2003-06-29restructuringcompleted302003-06-292003-12-31North America and EuropeMultiple organizations and levelsUSD 8 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Reduced workforce by ~30 people and vacated selected sales/office facilities; ~80% from North America, ~20% from Europe. Charge includes severance ($0.8M), facility lease payments ($6.7M including $1.0M loss on vacated facility fair value), and leasehold write-offs ($0.2M).
2003-06-29restructuringcompleted302003-06-29North America, EuropeUSD 8 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
June 2003 Plan: Reduced workforce by approx. 30 people in North America and Europe. Charge of $7.6 million includes severance, lease payments, and write-offs.
2003-06-29restructuringcompleted502003-03-30North America, EuropeUSD 5 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
March 2003 Plan: Reduced workforce by approx. 50 people in North America and Europe. Charge of $4.7 million.
2003-06-29restructuringcompleted1202002-12-29North America, Europe, AsiaUSD 6 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
December 2002 Plan: Reduced workforce by approx. 120 employees in North America, Europe, and Asia. Charge of $5.7 million.
2003-06-29restructuringcompleted4702001-12-30North America, Europe, AsiaUSD 34 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
December 2001 Plan: Reduced workforce by approx. 470 employees. Initial charge of $33.8 million. Fiscal 2003 saw recoveries and additional charges related to this plan.
2003-06-29restructuringcompleted5502001-09-23North America, Europe, AsiaUSD 21 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
September 2001 Plan: Reduced workforce by approx. 550 employees. Initial charge of $21.0 million.
2003-06-29restructuringin_progress302003-06-29North America, EuropeUSD 8 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
June 2003 Plan: Reduced workforce by approx. 30 people in North America and Europe. Charge of $7.6 million.
2003-06-29restructuringin_progress502003-03-30North America, EuropeUSD 5 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
March 2003 Plan: Reduced workforce by approx. 50 people in North America and Europe. Charge of $4.7 million.
2003-06-29restructuringin_progress1202002-12-29North America, Europe, AsiaUSD 6 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
December 2002 Plan: Reduced workforce by approx. 120 employees in North America, Europe, and Asia. Charge of $5.7 million.
2003-06-29restructuringcompleted2001-06-242003-03-30USD -1 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
June 2001 Plan: Completed during Q2 FY2003. Recovered $1.1 million due to lower than estimated employee termination costs.
2003-03-30restructuringin_progress502003-03-30North America and EuropeBroad range of organizations, majority in North AmericaUSD 5 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Workforce reduced by approximately 50 people; charge covers severance and benefits, remaining lease payments on vacated North America facilities, and write-off of leasehold improvements. Company expects additional restructuring charges of up to $10 million for calendar 2003.
2003-03-30restructuringin_progress1202002-12-29North America, Europe, and AsiaBroad range of organizations; approximately 65% North America, 35% Asia and EuropeUSD 6 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Workforce reduced by approximately 120 employees; charge covers severance and benefits, remaining lease payments on vacated sales and office facilities, and write-off of related leasehold improvements.
2003-03-30restructuringin_progress502003-03-302003-12-31North America and EuropeMultiple organizations and levelsUSD 5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charge includes severance, vacated facility lease payments, and leasehold improvement write-offs; severance reserve balance of $1.2M expected to be utilized by end of calendar 2003.
2003-03-30restructuringin_progress1202002-12-292003-12-31North America, Europe, and AsiaSales and office facilities; multiple organizations and levelsUSD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 65% of reductions from North America, 35% from Asia and Europe; charge includes severance, vacated facility lease payments, and leasehold improvement write-offs; severance reserve balance of $0.7M expected to be utilized by end of calendar 2003.
2003-03-30restructuringin_progress502003-03-302003-12-31North America and EuropeUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
March 2003 Plan: reduction of workforce by approx. 50 people and vacating selected facilities. Charge includes severance, lease payments, and write-offs.
2003-03-30restructuringin_progress1202002-12-292003-12-31North America, Europe, and AsiaUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
December 2002 Plan: reduction of workforce by approx. 120 employees and vacating selected sales/office facilities. Charge includes severance, lease payments, and write-offs.
2002-12-29reduction_in_forcecompleted11%2001-042001-06-24GlobalUSD 17 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan targeted up to 15% global workforce reduction; approximately 11% reduction executed prior to June 24, 2001. Charge covered severance, lease payments on vacated facilities, leasehold improvement write-offs, and discontinued product line inventory. Remaining elements completed in Q2 FY2003 with $0.6 million of charge recoveries.
2002-12-29reduction_in_forcein_progress55010%2001-08GlobalUSD 21 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 550 employees reduced prior to September 23, 2001. Reserve balances at December 29, 2002: $0.4 million severance and $1.0 million lease payments on vacated facilities. Additional $0.6 million charge recorded in Q2 FY2003 for extended lease payments on one vacated building.
2002-12-29reduction_in_forcein_progress47012%2001-12-20GlobalUSD 34 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately 470 employees reduced prior to December 30, 2001. Reserve balances at December 29, 2002: $0.4 million severance and $6.6 million lease payments on vacated facilities. Additional $0.5 million charges recorded in Q2 FY2003 for lease payments and facility restoration.
2002-12-29restructuringin_progress1202002-12GlobalWorldwide sales and support facilities; manufacturing and administrativeUSD 6 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Accounted for under FAS 146, early adopted in the December 2002 quarter. Charge comprises $3.3 million severance, $1.9 million lease payments on vacated facilities, and $0.5 million leasehold improvement write-offs. Reserve balance at December 29, 2002: $4.3 million.
2002-12-29restructuringannounced2003-012003-09GlobalFacility consolidationsUSD 10 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Further facility consolidations planned from January 2003 through September 2003 in connection with outsourcing plans; approximately $10.0 million of restructuring charges anticipated over that period.
2002-12-29restructuringin_progress120GlobalSales, support, manufacturing and administrative facilitiesUSD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Committed during quarter ended 2002-12-29; specific announcement date not disclosed. Approximately 120 employees reduced plus consolidation of worldwide sales and support facilities. Severance portion of charge was $3.257M; $2.4M severance reserve expected to be utilized by end of calendar 2003.
2002-12-29restructuringannounced2003-012003-09-30GlobalFacilitiesUSD 10 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
January 2003 announcement of further facility consolidations from January 2003 through September 2003; headcount impact not disclosed.
2002-12-29restructuringin_progress1202002-12-29GlobalSales and support facilitiesUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reduction of global workforce by approximately 120 people and consolidation of worldwide sales and support facilities.
2002-12-29restructuringannounced2003-01-012003-09-30GlobalFacilitiesUSD 10 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Plans for further facility consolidations from January 2003 through September 2003.
2002-09-29restructuringin_progress11%2001-04-01GlobalUSD 17 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
June 2001 Plan: workforce reduced approximately 11% prior to June 24, 2001; charge covered severance, lease payments on vacated facilities, abandoned facility assets, and discontinued etch product line inventory. Remaining reserve balance of $952 thousand at September 29, 2002; majority of severance reserve expected to be utilized by December 2002.
2002-09-29restructuringin_progress55010%2001-08-01GlobalUSD 21 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
September 2001 Plan: approximately 550 employees reduced worldwide prior to September 23, 2001; charge covered severance, lease payments and leasehold improvements on vacated facilities, and write-offs of older etch product line inventories. Remaining reserve balance of $1,360 thousand at September 29, 2002; majority of severance reserve expected to be utilized by December 2002.
2002-09-29restructuringin_progress47012%2001-12-20GlobalUSD 34 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
December 2001 Plan: approximately 470 employees reduced worldwide prior to December 30, 2001, with further facility consolidation; charge covered severance, lease payments on vacated facilities, and write-off of leasehold improvements and fixed assets. Remaining reserve balance of $11,426 thousand at September 29, 2002; majority of severance reserve expected to be utilized by December 2002.
2002-09-29restructuringin_progress11%2001-042002-12Global (Fremont, California facility consolidation)Global workforce; discontinued etch product lineUSD 17 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Workforce cut of about 11% was implemented before June 24, 2001; only residual severance balance ($0.95M at quarter-end) remains, with most expected used by December 2002. No headcount action occurred in the current quarter.
2002-09-29restructuringin_progress55010%2001-082002-12WorldwideFixed cost infrastructure; approximately 10% reduction-in-forceUSD 21 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
About 550 employees reduced worldwide before September 23, 2001; 10% reflects the announced reduction-in-force intent. Residual severance balance of $1.36M at quarter-end, mostly expected used by December 2002. No headcount action occurred in the current quarter.
2002-09-29restructuringin_progress47012%2001-12-202002-12WorldwideGlobal employment; facilities consolidationUSD 34 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 470 employees reduced worldwide before December 30, 2001; 12% reflects announced global employment reduction. Residual severance balance of $11.4M at quarter-end, mostly expected used by December 2002. No headcount action occurred in the current quarter.
2002-09-29restructuringin_progress2001-04-012002-12-31GlobalGlobal workforceUSD 17 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced April 2001. Up to 15% global workforce reduction. Majority of remaining $0.5M severance reserve anticipated to be utilized by December 2002.
2002-09-29restructuringin_progress5502001-08-012002-12-31WorldwideGlobal workforceUSD 21 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced August 2001. Approx 10% reduction-in-force. 550 employees reduced prior to Sept 23, 2001. Majority of remaining $0.8M severance reserve anticipated to be utilized by December 2002.
2002-09-29restructuringin_progress4702001-12-202002-12-31WorldwideGlobal workforceUSD 34 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced Dec 20, 2001. Approx 12% global employment reduction. 470 employees reduced prior to Dec 30, 2001. Majority of remaining $2.9M severance reserve anticipated to be utilized by December 2002.
2002-06-30restructuringcompleted55010%2001-082001-09-23WorldwideCompany-wide (fixed cost infrastructure)USD 21 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Approximately 550 employees reduced worldwide prior to September 23, 2001; charge includes severance, vacated-facility lease write-offs and discontinued etch inventory. Residual reserve of $1.6M remained at fiscal year-end, primarily for lease payments.
2002-06-30restructuringcompleted47012%2001-12-202001-12-30WorldwideCompany-wide (global employment and facilities consolidation)USD 34 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Approximately 470 employees reduced worldwide prior to December 30, 2001; charge covers severance, vacated-facility lease payments and leasehold/fixed asset write-offs. Residual reserve of $12.7M remained at fiscal year-end, primarily lease-related.
2002-06-30restructuringcompleted1,1302001-08-012002-06-30GlobalGlobal workforceUSD 55 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Consolidates September 2001 Plan (~550 employees, $21.0M charge) and December 2001 Plan (~470 employees, $33.8M charge). June 2001 Plan was announced in April 2001 but approved and charged in FY2001, though recoveries occurred in FY2002.
2002-06-30restructuringcompleted5502001-082001-09-23WorldwideUSD 21 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Approximate 10% reduction-in-force. Workforce reduced by approximately 550 employees prior to September 23, 2001.
2002-06-30restructuringcompleted4702001-122001-12-30WorldwideUSD 34 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Approximate 12% reduction-in-force. Workforce reduced by approximately 470 employees prior to December 30, 2001.
2002-03-31restructuringin_progress11%2001-04GlobalGlobal headcount; Fremont manufacturing consolidation; discontinued etch product lineUSD 17 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Workforce reduced approximately 11% prior to June 24, 2001. Charge covered severance, vacated facility lease payments, abandoned assets, and discontinued product line inventory. Remaining liability of $2.9 million at March 31, 2002; majority of $1.9 million severance reserve to be utilized by end of June 2002.
2002-03-31restructuringin_progress12%2001-08GlobalGlobal headcount; selected older etch product lines discontinuedUSD 21 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Announced as approximately 10% reduction-in-force; workforce reduced approximately 12% prior to September 23, 2001. Remaining liability of $3.0 million at March 31, 2002; majority of $1.7 million severance reserve to be utilized by September 2002.
2002-03-31restructuringin_progress40012%2001-12-20GlobalGlobal headcount; further facility consolidationUSD 34 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Announced intention to reduce global headcount by approximately 400 people; workforce reduced approximately 12% prior to December 30, 2001. Remaining liability of $15.0 million at March 31, 2002; majority of $5.5 million severance reserve to be utilized by December 2002.
2002-03-31restructuringin_progress11%2001-04-01GlobalCompany-wideUSD 17 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced April 2001; workforce reduced approximately 11% prior to June 24, 2001; charge includes severance, vacated-facility lease payments, abandoned assets and discontinued etch product line inventory; $2.9M accrual remained at March 31, 2002. Announcement month stated, day not disclosed.
2002-03-31restructuringin_progress12%2001-08-01GlobalCompany-wideUSD 21 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 10% reduction-in-force announced August 2001; workforce reduced approximately 12% prior to September 23, 2001; charge includes severance, vacated-facility costs and discontinued inventory write-off; $3.0M accrual remained at March 31, 2002. Announcement month stated, day not disclosed.
2002-03-31restructuringin_progress40012%2001-12-20GlobalCompany-wideUSD 34 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced intention to reduce global headcount by approximately 400 people and consolidate facilities; workforce reduced approximately 12% prior to December 30, 2001; charge covers severance, vacated-facility lease payments and asset write-offs; $15.0M accrual remained at March 31, 2002. Disclosed count and percent are not fully consistent as presented in the filing.
2002-03-31restructuringin_progress11%2001-04-012002-06-30GlobalGlobalUSD 17 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced April 2001. Reduced workforce by approx 11% prior to June 24, 2001. Majority of severance reserve utilized by end of June 2002.
2002-03-31restructuringin_progress12%2001-08-012002-09-30GlobalGlobalUSD 21 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced August 2001. Reduced workforce by approx 12% prior to September 23, 2001. Majority of severance reserve utilized by September 2002.
2002-03-31restructuringin_progress40012%2001-12-202002-12-31GlobalGlobalUSD 34 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced December 20, 2001. Intention to reduce global headcount by approx 400 people. Reduced workforce by approx 12% prior to December 30, 2001. Majority of severance reserve utilized by December 2002.
2001-12-30restructuringin_progress11%2001-04GlobalUSD 17 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan targeted up to 15% global headcount reduction; ~11% reduction executed by 2001-06-24. Charge covers severance, vacated facility lease payments, abandoned leasehold improvements and fixed assets, and discontinued etch product line inventory. Remaining reserve of $3.96M at 2001-12-30; severance reserve of $2.8M to be utilized by end of June 2002.
2001-12-30restructuringin_progress12%2001-08GlobalUSD 21 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Announced as ~10% reduction-in-force; ~12% workforce reduction executed by 2001-09-23. Charge covers severance, vacated facility lease payments, abandoned leasehold improvements, and write-off of discontinued older etch product line inventory. Remaining reserve of $5.37M at 2001-12-30; severance reserve of $3.9M to be utilized by September 2002.
2001-12-30restructuringin_progress40012%2001-12-20GlobalUSD 34 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Publicly announced intention to reduce global headcount by approximately 400 people worldwide and further consolidate facilities globally; ~12% workforce reduction executed by 2001-12-30. Charge covers severance, remaining lease payments on vacated facilities, and write-off of related leasehold improvements and fixed assets. Remaining reserve of $20.69M at 2001-12-30; severance reserve of $11.1M to be utilized by December 2002.
2001-12-30restructuringcompleted12%2001-082002-09-30GlobalFixed cost infrastructure, including approximately 10% reduction-in-forceUSD 21 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced August 2001 targeting ~10% RIF; actual workforce reduction of ~12% completed prior to 2001-09-23. Charge includes severance, vacated-facility lease payments, abandoned assets and discontinued inventory. Severance reserve of $3.9M to be utilized by September 2002. Occurred in Q1 FY2002, within the year-to-date period.
2001-12-30restructuringin_progress40012%2001-12-202002-12-31GlobalGlobal headcount reduction and facilities consolidationUSD 34 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 400 people, ~12% of workforce, reduced prior to 2001-12-30; implies total workforce of roughly 3,300, which the filing does not state directly. Charge covers severance, vacated-facility lease payments and asset write-offs; severance reserve of $11.1M to be utilized by December 2002.
2001-12-30restructuringin_progress11%2001-04-012002-06-30GlobalUSD 17 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced April 2001. Reduced workforce by approx 11% prior to June 24, 2001. Severance reserve balance of $2.8 million to be utilized by end of June 2002.
2001-12-30restructuringin_progress10%2001-08-012002-09-30GlobalUSD 21 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced August 2001. Approx 10% reduction-in-force. Reduced workforce by approx 12% prior to Sept 23, 2001. Severance reserve balance of $3.9 million to be utilized by Sept 2002.
2001-12-30restructuringin_progress40012%2001-12-202002-12-31GlobalUSD 34 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced Dec 20, 2001. Intention to reduce global headcount by approx 400 people. Reduced workforce by approx 12% prior to Dec 30, 2001. Severance reserve balance of $11.1 million to be utilized by Dec 2002.
2001-09-23restructuringin_progress11%2001-04-01GlobalUSD 17 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Announced intent to reduce global headcount up to 15%; approximately 11% reduction completed prior to June 24, 2001. Charge covers severance, vacated facility lease payments, abandoned fixed assets, and discontinued etch product line inventory. Remaining reserve of $4.6 million at September 23, 2001.
2001-09-23restructuringin_progress10%2001-08-31GlobalUSD 21 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan to further reduce fixed cost infrastructure including approximately 10% reduction-in-force; approximately 12% workforce reduction completed prior to September 23, 2001. Charge covers severance, vacated facility lease payments, abandoned fixed assets, and discontinued older etch product line inventory. Remaining reserve of $12.3 million at September 23, 2001, with severance reserve of $9.6 million to be utilized over the next four to six quarters.
2001-09-23reduction_in_forcein_progress12%2001-08-31GlobalFixed cost infrastructure; workforce reduction across the companyUSD 21 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plan announced as an approximate 10% reduction-in-force; workforce was reduced by approximately 12% prior to September 23, 2001. Charge comprises $10.8M severance and benefits, $2.7M lease payments on vacated facilities, $19K abandoned fixed assets, and $7.6M discontinued inventory. Severance reserve of $9.6M expected to be utilized over the next four to six quarters; no absolute employee count or completion date disclosed.
2001-09-23plant_closurein_progress2001-08-31Fremont, CaliforniaManufacturing facilities; selected older etch product lines exitedUSD 3 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Vacated facilities under long-term operating leases; company estimated approximately 24 months to sublease. Charge covers 24 months of remaining lease payments ($2.662M) plus write-off of abandoned leasehold improvements ($19K). Presented as a sub-component of the September 2001 Plan; no separate employee count disclosed.
2001-09-23restructuringin_progress10%2001-08-31GlobalUSD 21 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
September 2001 Plan: approx 10% reduction-in-force. Workforce reduced by approx 12% prior to Sept 23, 2001. Charge includes severance, lease payments, and inventory write-offs.
2001-09-23restructuringin_progress15%2001-04-01GlobalUSD 17 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
June 2001 Plan: intention to reduce global headcount up to 15%. Workforce reduced by approx 11% prior to June 24, 2001. Charge includes severance, lease payments, and inventory write-offs.
2001-06-24reduction_in_forcein_progress11%2001-04GlobalCompany-wide (includes consolidation of Fremont, California manufacturing facilities)USD 17 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Plan announced April 2001 to cut global headcount up to 15% in Q4 FY2001; approximately 11% of workforce actually reduced before June 24, 2001. Charge of $16.8M includes severance and benefits, lease payments on vacated facilities, leasehold/fixed asset write-offs, discontinued etch product line inventory and other exit costs; $5.9M reserve remained at year-end, with severance reserve to be utilized by end of March 2002. No absolute headcount figure disclosed; percent is as stated by filer (implied ~347 of ~3,150 employees, consistent with disclosed total).
2001-06-24reduction_in_forceannounced10%2001-08-31GlobalCompany-widesubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Announced after fiscal year-end but before filing; plan to cut global workforce approximately 10% in Q1 FY2002 plus other opex reductions. Majority of impacted employees terminated shortly after announcement; restructuring plan to be finalized and additional charge recorded in the quarter ending September 23, 2001. Charge amount not yet quantified in this filing.
2001-06-24restructuringin_progress11%2001-04-012001-06-24GlobalUSD 17 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Plan announced in April 2001 to reduce global headcount up to 15%. Workforce reduced by approximately 11% prior to June 24, 2001. Charge includes severance, lease payments, abandoned assets, and discontinued inventory.
2001-06-24restructuringannounced10%2001-08-312001-09-23Globalsubsequent_events
f5-10k / Qwen3.6-27B-Q8_0
Plan announced August 31, 2001 to further reduce global workforce by approximately 10% during the first quarter of fiscal 2002. Majority of impacted employees terminated shortly after announcement.
2001-03-25reduction_in_forceannounced15%2001-04-11Globalsubsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Company announced plan to cut global headcount by roughly 15% in fiscal Q4 2001, driven by anticipated revenue decline from forecasted contraction of the semiconductor equipment market versus calendar 2000 levels.
2001-03-25reduction_in_forceannounced15%2001-04-112001-06-24Globalsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced plan to cut global headcount by approximately 15% during the fourth quarter of fiscal 2001, driven by anticipated revenue declines from the forecasted contraction of the semiconductor equipment market. No absolute headcount figure or severance charge disclosed; expected completion date inferred from stated fiscal Q4 2001 timing (fiscal year ends June 2001).
2001-03-25reduction_in_forceannounced15%2001-04-112001-06-30Globalsubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Plan to reduce global headcount by approximately 15% during the fourth quarter of fiscal 2001 due to anticipated revenue decline.
2000-09-24restructuringcompleted11%1996-08-26Business units reorganized into a centralized structurerestructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Announced August 26, 1996 in response to projected 20% market decline; workforce cut of approximately 11%. Remaining severance reserve of $0.4 million at September 24, 2000 to be paid through former employees' separation contracts.
2000-09-24restructuringcompleted28%1998-02-12Exit of part of CVD business and all FPD business; manufacturing consolidationUSD 148,858 (thousands)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 1998 provision of $148.9 million covering severance, vacated facility lease payments, asset write-offs, returned equipment credits and exit costs; global workforce reduced approximately 28%. Residual reserves of $1.7 million severance, $1.7 million lease and $0.8 million returned-equipment credits at September 24, 2000.
2000-09-24restructuringcompleted15%1998-11-12Exit of remaining CVD operations; facilities consolidation and cost reductionsUSD 53,372 (thousands)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 1999 provision of $53.4 million; global workforce reduced approximately 15%. Remaining reserve of $1.1 million in returned-equipment credits at September 24, 2000, mostly expected to be utilized by end of calendar 2000.
2000-09-24restructuringcompleted1996-08-26GlobalCorporate / Business Unitsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fiscal 1997 restructuring. Workforce reduced by approx 11%. Remaining balance of $381k in severance/benefits as of Sept 24, 2000.
2000-09-24restructuringcompleted1998-02-12GlobalCVD, FPD, Manufacturingrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fiscal 1998 restructuring. Workforce reduced by approx 28%. Remaining balance of $2,504k (severance and lease payments) as of Sept 24, 2000.
2000-09-24restructuringcompleted1998-11-12GlobalCorporate / Operationsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fiscal 1999 restructuring. Workforce reduced by approx 15%. Remaining balance of $1,068k (credits on returned equipment) as of Sept 24, 2000.
2000-06-25restructuringcompleted1998-02-122000-06-25GlobalCompany-wide (includes exit of CVD and FPD operations)USD 26 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program announced in fiscal 1998 (Feb/June 1998); remaining reserve of $25.0M at June 30, 1999 was reversed (recovery) during fiscal 2000, leaving $2.8M. Headcount reduction (~28% of global workforce) occurred in fiscal 1998, not the current year; no new reductions in fiscal 2000.
2000-06-25restructuringcompleted1998-11-122000-06-25GlobalCompany-wideUSD 10 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program announced November 12, 1998 (fiscal 1999); remaining elements completed during fiscal 2000 with a $10.0M reversal of charges, leaving $1.7M (credits on returned equipment). Workforce reduction of ~15% occurred in fiscal 1999, not the current year.
2000-06-25restructuringcompleted1998-11-122000-06-25GlobalAllUSD -36 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Fiscal 1999 restructuring plan announced Nov 1998. Fiscal 2000 saw recovery of $35.9M in prior charges due to lower severance costs, facility subleases, and asset sales. Specific headcount reduction for this specific plan not explicitly isolated in FY2000 narrative, though prior year noted ~15% global workforce reduction.
2000-06-25restructuringcompleted1998-02-122000-06-25GlobalCVD and FPDMD&A
f5-10k / Qwen3.6-27B-Q8_0
Fiscal 1998 restructuring plan. FY2000 notes recovery of charges related to CVD/FPD exit. Prior year noted ~28% global workforce reduction.
2000-06-25restructuringcompleted1996-08-262000-06-25GlobalAllMD&A
f5-10k / Qwen3.6-27B-Q8_0
Fiscal 1997 restructuring plan. FY2000 notes recovery of charges. Prior year noted ~11% global workforce reduction.
2000-03-26restructuringcompleted11%1996-08-26GlobalBusiness units reorganized into centralized structureUSD 9,021 (thousands)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 1997 restructuring: workforce cut of approximately 11% following projected 20% market decline; remaining severance reserve of $0.7 million at March 26, 2000.
2000-03-26restructuringcompleted28%1998-02-12GlobalExited part of CVD business and all FPD business; consolidated manufacturingUSD 148,858 (thousands)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 1998 restructurings (announced February 12, 1998 and June 1998) reduced global workforce by approximately 28%; remaining reserves of $13.8 million at March 26, 2000.
2000-03-26restructuringcompleted15%1998-11-12GlobalEmployee terminations, facilities consolidation, contraction of operating activitiesUSD 53,372 (thousands)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 1999 restructuring reduced workforce by approximately 15%; majority of activities completed in Q3 fiscal 2000 with $18.9 million recovery recorded; remaining reserve $6.4 million at March 26, 2000.
2000-03-26restructuringin_progress1998-11-12GlobalGlobal workforceUSD -19 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Recovery of prior restructuring charges due to market upturn; original plan reduced global workforce by approx 15%.
2000-03-26restructuringin_progress1998-02-12GlobalCVD and FPD operationsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Original plan reduced global workforce by approx 28% and exited CVD/FPD businesses; no specific charge disclosed for current quarter, only reserve balances.
2000-03-26restructuringin_progress1996-08-26GlobalGlobal workforcerestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Original plan reduced global workforce by approx 11%; no specific charge disclosed for current quarter, only reserve balances.
1999-12-26restructuringin_progress11%1996-08-26Centralization of business unitsUSD 9 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 1997 restructuring: workforce cut of approximately 11% announced August 26, 1996 after projected market decline; $9.0 million provision for severance, lease payments and abandoned fixed assets. Remaining accrual of $0.762 million (severance and benefits) at December 26, 1999.
1999-12-26restructuringin_progress28%1998-02-12Exit of part of CVD business and all of FPD business; manufacturing consolidationUSD 149 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 1998 restructuring announced February 12, 1998 (with a further plan announced June 1998): total charge of $148.9 million covering severance and benefits, lease payments on vacated facilities, abandoned fixed assets, excess and obsolete inventory, returned equipment credits and other exit costs; global workforce reduced by approximately 28%. Remaining accrual of $22.7 million at December 26, 1999 ($9.9 million severance, $11.0 million lease payments, $1.8 million returned equipment credits); further charges expected in fiscal 2000.
1999-12-26restructuringin_progress15%1998-11-12Company-wide cost reduction; facilities consolidationUSD 53 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 1999 restructuring announced November 12, 1998: $53.4 million charge for severance and benefits (approximately 15% of global workforce), lease payments on vacated facilities, write-off of leasehold improvements and fixed assets, and returned equipment credits. Remaining accrual of $7.9 million at December 26, 1999; further charges expected in fiscal 2000.
1999-12-26restructuringin_progress15%1998-11-12GlobalUSD 53,372 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fiscal 1999 restructuring announced Nov 12, 1998. Reduced global workforce by approx 15%. Total provision $53.4M. Balance at Dec 26, 1999: $7.9M.
1999-12-26restructuringin_progress28%1998-02-12GlobalUSD 148,858 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fiscal 1998 restructuring announced Feb 12, 1998. Reduced global workforce by approx 28%. Total provision $148.9M. Balance at Dec 26, 1999: $22.7M.
1999-12-26restructuringin_progress11%1996-08-26GlobalUSD 9,021 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fiscal 1997 restructuring announced Aug 26, 1996. Reduced global workforce by approx 11%. Total provision $9.0M. Balance at Dec 26, 1999: $0.8M.
1999-09-26restructuringin_progress15%1998-11-12GlobalCompany-wide; contraction of operating activities and facilities consolidationUSD 53 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 1999 restructuring announced November 12, 1998; charge covered severance and benefits, lease payments on vacated facilities, abandoned fixed assets and returned equipment credits. Remaining accrual of $9.9 million at September 26, 1999; further charges expected in fiscal 2000.
1999-09-26restructuringin_progress28%1998-02-12GlobalExit of part of CVD business and all FPD business; manufacturing consolidationUSD 149 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 1998 restructurings announced February 12, 1998 and June 1998; reduced global workforce by approximately 28% and exited CVD and FPD operations. Remaining accrual of $24.0 million at September 26, 1999; further charges expected in fiscal 2000.
1999-09-26restructuringcompleted11%1996-08-26GlobalReorganization of business units into centralized structureUSD 9 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 1997 restructuring announced August 26, 1996 following a projected 20% market decline; workforce cut by approximately 11%. Remaining accrual of $0.8 million at September 26, 1999.
1999-09-26restructuringin_progress15%1998-11-122000-06-25GlobalCompany-wideUSD 53 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Fiscal 1999 plan announced 1998-11-12; reduced global workforce ~15% via terminations, facilities consolidation, asset write-offs. $9.9M accrual remained at 1999-09-26; further charges expected in fiscal 2000 as program completes.
1999-09-26restructuringin_progress28%1998-02-122000-06-25GlobalCVD and Flat Panel Display operations; manufacturing facilitiesUSD 149 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Two separate fiscal 1998 plans: initial announced 1998-02-12 (exit part of CVD and all FPD business), additional plan announced June 1998. Combined charge $148.9M; $24.0M accrual remained at 1999-09-26; further charges expected in fiscal 2000.
1999-09-26restructuringin_progress11%1996-08-262000-06-25GlobalCompany-wideUSD 9 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Fiscal 1997 plan announced 1996-08-26; ~11% workforce reduction. $0.8M severance accrual remained at 1999-09-26, winding down.
1999-09-26restructuringin_progress15%1998-11-12GlobalGlobal workforceUSD 53,372 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fiscal 1999 restructuring announced Nov 12, 1998. Reduced global workforce by approx 15%. Total provision $53.4M. Balance at Sept 26, 1999: $9.9M.
1999-09-26restructuringin_progress28%1998-02-12GlobalCVD, FPD, and general infrastructureUSD 148,858 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fiscal 1998 restructuring announced Feb 12, 1998 (and June 1998). Reduced global workforce by approx 28%. Exited CVD and FPD businesses. Total provision $148.9M. Balance at Sept 26, 1999: $24.0M.
1999-09-26restructuringin_progress11%1996-08-26GlobalGlobal workforceUSD 9,021 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fiscal 1997 restructuring announced Aug 26, 1996. Reduced global workforce by approx 11%. Total provision $9.0M. Balance at Sept 26, 1999: $0.8M.
1999-06-30restructuringin_progress15%1998-11-12WorldwideAllUSD 53 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Approximately 15% of global workforce involuntarily terminated. Charge includes severance ($16.5M), lease payments ($1.1M), abandoned fixed assets ($28.1M), and credits on returned equipment ($7.6M). $10.9M remained accrued at fiscal year-end; further charges expected in fiscal 2000.
1999-06-30restructuringin_progress28%1998-02-12WorldwideCVD and Flat Panel Display operations; manufacturing consolidationUSD 149 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Multi-phase program announced February 12, 1998 and June 1998. Approximately 28% of global workforce reduced. Exited CVD and FPD businesses, consolidated manufacturing (Wilmington MA, CheonAn Korea closures). $25.0M of accruals remained at June 30, 1999; cash payments continued into fiscal 1999. Charge is cumulative program total, not fiscal 1999 activity.
1999-06-30restructuringcompleted11%1996-08-26WorldwideAll business unitsUSD 9 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Approximately 11% of global workforce reduced. Organizational restructuring into centralized structure. $0.8M of accrual remained at June 30, 1999. Charge is fiscal 1997 program total.
1999-06-30restructuringcompleted15%1998-11-12WorldwideUSD 53 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Announced November 12, 1998. Recorded $53.4 million charge in Q2 FY1999 for severance, lease payments, asset write-offs, and credits on returned equipment. Represented approximately 15% of the global workforce.
1999-06-30restructuringcompleted28%1998-02-12WorldwideUSD 149 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Announced February 12, 1998 and June 1998. Recorded $148.9 million charge in FY1998 for severance, lease payments, asset write-offs, inventory write-offs, and credits on returned equipment. Reduced global workforce by approximately 28%.
1999-03-31restructuringin_progress1998-12-31USD 53 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Announced during quarter ended December 31, 1998 in response to continued declines in the semiconductor equipment market; charge covers severance, facilities and fixed asset write-offs. $8.9 million remained accrued at March 31, 1999; further charges expected through fiscal 2000.
1999-03-31restructuringin_progress28%1998-03-31Exit of Flat Panel Display and CVD operations; focus on etch and CMPUSD 149 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 1998 restructurings announced in quarters ended March 31, 1998 and June 30, 1998; global workforce reduced by approximately 28% and manufacturing operations consolidated. $25.6 million remained accrued at March 31, 1999; further charges expected into fiscal 2000.
1999-03-31restructuringin_progress1998-12-31GlobalNot specifiedUSD 53 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Workforce reduction and facility elimination announced in response to semiconductor equipment market declines; $8.9M remained accrued at quarter-end; further charges expected into fiscal 2000.
1999-03-31restructuringin_progress1998-03-31GlobalFlat Panel Display (FPD) and Chemical Vapor Deposition (CVD) operations exited; focus on etch and CMPUSD 149 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Fiscal 1998 program reduced global workforce by approximately 28%; $25.6M remained accrued at March 31, 1999; further charges expected into fiscal 2000. Announced across quarters ended March 31, 1998 and June 30, 1998.
1999-03-31restructuringin_progress1998-12-31GlobalVarious (workforce reduction, facility elimination)USD 53 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced in Q2 FY1999 (ended Dec 31, 1998) in response to market declines. Charge relates to severance, facility write-offs, and other costs. $8.9 million accrued at March 31, 1999. Employee count not disclosed.
1999-03-31restructuringin_progress28%1998-03-31GlobalFPD and CVD operations exit; focus on Etch and CMPUSD 149 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced in Q4 FY1998 and Q1 FY1999. Reduced global workforce by approximately 28%. Total fiscal 1998 charge was $148.9 million. $25.6 million accrued at March 31, 1999. Specific employee headcount affected not disclosed.
1998-12-31restructuringin_progress1998-11-16USD 53 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q2 FY1999 restructuring in response to semiconductor equipment market deterioration; charge primarily severance and benefits plus facilities and fixed asset write-offs. $14.1M remained accrued at Dec 31, 1998; ~$5.1M cash paid during the quarter; further charges expected through fiscal 2000. Announced via Form 8-K filed November 16, 1998.
1998-12-31restructuringin_progress28%1998-03-31Exit of Flat Panel Display and CVD operations; focus on etch and CMPUSD 149 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 1998 restructurings (announced quarters ended March 31 and June 30, 1998) reduced global workforce by approximately 28% and consolidated manufacturing operations. $27.2M remained accrued at Dec 31, 1998; ~$20.7M cash paid in the six months ended Dec 31, 1998; ~$24.8M future cash payments remain.
1998-12-31restructuringin_progress1998-11-16GlobalAll functionsUSD 53 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Workforce reduction and facility elimination; $14.1M remaining accrued at quarter-end; further charges expected into FY2000. Employee count not disclosed.
1998-12-31restructuringin_progress28%1998-03-31GlobalFlat Panel Display and Chemical Vapor Deposition operations exited; focus on etch and CMPUSD 149 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
FY1998 restructuring reduced global workforce by approximately 28%; $27.2M still accrued at Dec 31, 1998; $20.7M cash paid during six months ended Dec 31, 1998; further charges expected into FY2000. Absolute headcount not disclosed.
1998-12-31restructuringin_progress1998-12-31GlobalVarious (workforce reduction, facility elimination)USD 53 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced in Q2 FY1999 to reduce workforce and eliminate facilities/assets. Charge of $53.4 million relates to severance, write-offs, and other costs. Employee count not disclosed.
1998-12-31restructuringin_progress28%1998-06-30GlobalFPD and CVD operations exitUSD 149 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Fiscal 1998 restructuring to exit FPD and CVD operations. Reduced global workforce by approx 28%. Total charge $148.9 million. Specific headcount reduction number not disclosed, only percentage.
1998-09-30restructuringin_progress28%1998-03-31GlobalExit of Flat Panel Display and CVD operations; focus on core etch and CMP product groupsUSD 149 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Fiscal 1998 restructuring program: global workforce reduced by approximately 28%, manufacturing operations and facilities downsized and consolidated. Total charge of $148.9 million for severance, facilities/fixed asset write-offs, excess and obsolete inventory and other exit costs. At September 30, 1998, $30.2 million remains accrued; approximately $17 million of cash payments made during the quarter (primarily severance, benefits and rent on unoccupied facilities); approximately $28 million of future cash payments remain. Further charges expected in fiscal 1999.
1998-09-30restructuringannounced1998-11-01MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
In response to continued decline in net sales, the Company commenced a workforce reduction in November 1998 and anticipates consolidating facilities as part of the restructuring plan. Plan not yet finalized; associated costs cannot be quantified. A restructuring charge will be recorded in the fiscal quarter ending December 1998.
1998-09-30restructuringin_progress28%1998-03-31GlobalCompany-wide; exiting Flat Panel Display and Chemical Vapor Deposition operations to focus on etch and CMP product groupsUSD 149 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced during the quarters ended March 31 and June 30, 1998; covers severance, facilities/fixed asset write-offs, excess inventory and exit costs. $30.2M remained accrued at 1998-09-30 after ~$17M of cash payments in the quarter; ~$28M of future cash payments expected, with further charges against reserves in fiscal 1999. No absolute headcount given, only the ~28% global workforce reduction.
1998-09-30reduction_in_forceannounced1998-11-01Not specifiedCompany-wide; includes anticipated facility consolidationMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-quarter event: workforce reduction commenced in November 1998 in response to continued net sales decline. Filer had not finalized the plan, so headcount and charge were not quantified; a restructuring charge was expected in the quarter ending December 1998. Announcement month only — date shown as first of month.
1998-09-30restructuringin_progress28%1998-06-30GlobalFPD and CVD operations; core etch and CMP product groupsUSD 149 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced in quarters ended March 31, 1998 and June 30, 1998. Reduced global workforce by approx 28%. Total charge $148.9M for severance, benefits, facility write-offs, and excess inventory. $30.2M accrued at Sept 30, 1998. Approx $17M cash payments made in Q1 FY99.
1998-09-30restructuringannounced1998-11-01MD&A
f5-10q / Qwen3.6-27B-Q8_0
Commenced reduction of workforce in November 1998. Costs not yet quantified; charge expected in fiscal quarter ending December 1998.
1998-06-30restructuringin_progress28%1999-06-30GlobalCompany-wide; exit of FPD and CVD operations; consolidation of manufacturingUSD 149 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Announced during quarters ended March 31, 1998 and June 30, 1998; reduced global workforce by approximately 28%; charge includes $40.3M severance and benefits, $64.4M facilities and fixed assets, $31.9M excess and obsolete inventory, $12.3M other exit costs; expected to substantially complete by end of fiscal 1999
1998-06-30acquisition_additioncompleted1997-08-051997-08-05United StatesCMP cleaning product line (OnTrak Systems, Inc.)USD 18 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Merger completed August 5, 1997; accounted for as pooling of interests; $17.7M merger costs (investment advisory, legal, accounting, printing); no headcount added disclosed
1998-06-30plant_closurecompleted1998-06-30United States (Wilmington, Massachusetts) and Korea (CheonAn)ManufacturingItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Discontinued manufacturing activities at both sites during fiscal 1998 as part of broader restructuring; no separate headcount or charge disclosed for these closures
1998-06-30restructuringin_progress28%1998-03-311999-06-30GlobalCore etch and CMP product groups; exit of FPD and CVD operationsUSD 149 (millions)Item_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Company reduced global workforce by approximately 28% during fiscal 1998. Total restructuring charge of $148.9 million recorded. Anticipates substantially completing restructuring by end of fiscal 1999.
1998-03-31restructuringin_progress14%1998-02-011998-12-31GlobalFlat panel display and thermal CVD operations reduced; focus on core etch and CMP product groupsUSD 85 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Company reduced global workforce by approximately 14%, downsized and consolidated manufacturing operations; charge covers severance, facility consolidation/closure and asset write-offs, including $19.6 million of excess and obsolete inventory provisions classified in cost of goods sold. Further charges anticipated during remainder of calendar 1998.
1998-03-31restructuringin_progress14%1998-02GlobalMultiple — focus on core etch and CMP; reduce flat panel display (FPD) and thermal CVD operationsUSD 85 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 14% global workforce reduction; $65.3M restructuring charge plus $19.6M inventory write-off in COGS. $73.2M remained accrued at quarter-end; $5.2M cash paid. Further charges anticipated through remainder of calendar 1998.
1998-03-31restructuringin_progress14%1998-02-011998-12-31GlobalFPD and thermal CVD operationsUSD 85 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced in Feb 1998 to focus on core etch and CMP products. Reduced global workforce by approx 14%. Total charge $84.9M includes severance, facility consolidation, and asset write-offs. $19.6M classified as COGS for inventory. $73.2M accrued at Mar 31, 1998. Further charges expected in calendar 1998.
1997-12-31restructuringannounced14%1998-02-12GlobalCompany-wide; focus on core etch and CMP product groups, reduction of flat panel display and thermal CVD operationssubsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Pre-tax restructuring charge expected in range of $80 million to $85 million in Q3 fiscal 1998 for severance compensation, facility closures, and asset write-offs; charge range disclosed but no single point value, so associated_charge_value left null. Approximately 14% reduction in global workforce announced; manufacturing operations to be downsized and consolidated in response to lower semiconductor equipment demand tied to the Asian financial crisis and depressed DRAM pricing.
1997-12-31restructuringannounced14%1998-02-12GlobalFlat panel display and thermal CVD operations; manufacturingUSD 83 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced post-quarter. Approximately 14% global workforce reduction; charge range $80–85M for severance, facility closures, and asset write-offs. Focus on core etch and CMP product groups. Driven by Asian financial crisis and depressed DRAM pricing.
1997-12-31restructuringannounced14%1998-02-12GlobalFlat panel display, thermal CVD, ManufacturingUSD 83 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Announced 14% global workforce reduction; pre-tax charge range $80M-$85M for severance and facility closures.
1997-09-30acquisition_additioncompleted1997-08-051997-08-05USD 18 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Merger with OnTrak Systems approved by stockholders 1997-08-05, accounted for as pooling of interests; approximately 6.5 million Lam shares issued. No employee headcount added or affected is disclosed. Associated $17.7 million charge covers advisory, legal, accounting and printing costs, not severance.
1997-09-30restructuringcompletedUSD 18 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Merger-related costs including investment advisory, legal, accounting, and printing fees. Employee count not disclosed.
1997-09-30restructuringcompletedUSD 9 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Consolidation of business units into centralized functional organization; costs primarily severance and facility consolidation. Employee count not disclosed.
1997-06-30restructuringcompleted11%1996-07-011997-06-30GlobalCompany-wideUSD 9 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Consolidated business unit structure into centralized functional organization; reduced workforce by approximately 11%. Charge primarily severance and facility consolidation. $1.7M remained accrued at year-end; $6.3M cash paid. Exact announcement date not specified — occurred during Q1 FY1997.
1997-06-30acquisition_additioncompleted1997-08-051997-08-05United StatesCMP cleaning and polishingUSD 18 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
OnTrak Systems, Inc. acquired August 5, 1997 (after fiscal year-end). Approximately 8,759,000 Lam shares issued. Headcount added not disclosed. $17.7M merger-related costs will impact Q1 FY1998.
1997-06-30restructuringcompleted11%1996-10-011997-06-30GlobalAll functionsUSD 9 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Restructuring implemented in first quarter of fiscal 1997. Workforce reduced by approximately 11%. Charge of $9.0 million related primarily to severance compensation and consolidation of facilities.
1997-03-31restructuringin_progress11%Company-wide; consolidation of business unit structure into centralized functional organizationUSD 9 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Restructuring occurred in Q1 FY1997; workforce reduced by approximately 11%. Charge covered severance compensation and facility consolidation. At 1997-03-31, $2.2 million remained accrued (executive severance and lease payments on unused facilities); $5.8 million of cash payments made to date. Exact headcount number not disclosed.
1997-03-31restructuringin_progress11%1996-07-01Consolidated business unit structure into centralized functional organizationUSD 9 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 11% workforce reduction; $2.2M remained accrued at 1997-03-31 for executive severance and unused-facility leases; $5.8M cash paid to date. Announcement date reflects first quarter of fiscal 1997 (quarter beginning 1996-07-01); exact announcement day not disclosed.
1997-03-31acquisition_additionannounced1997-03-24OnTrak Systems, Inc.other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Merger agreement signed 1997-03-24; exchange ratio 0.83 Lam shares per OnTrak share; HSR early termination granted 1997-04-15. No headcount added disclosed. Estimated merger-related costs of approximately $12 million noted in Risk Factors.
1997-03-31restructuringin_progress11%1997-01-01GlobalAll functionsUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Consolidated business units into centralized functional organization. Charge primarily for severance and facility consolidation. $2.2 million remains in accrued liabilities as of March 31, 1997.
1996-12-31restructuringcompleted11%Company-wide; consolidation of business unit structure into centralized functional organizationUSD 9 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Recorded in Q1 fiscal 1997; charge primarily for severance compensation and consolidation of facilities. Workforce reduction of approximately 11% disclosed as a percentage only; absolute headcount not stated.
1996-12-31restructuringcompleted11%1996-10-01GlobalCompany-wide; consolidated prior business unit structure into centralized functional organizationUSD 9 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Workforce reduced by approximately 11%; charge primarily severance and facility consolidation. Absolute headcount not disclosed.
1996-12-31restructuringcompleted11%1996-10-01GlobalAll functionsUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Consolidated business units into centralized functional organization; reduced workforce by approx 11%.
1996-09-30restructuringcompleted11%1996-07-01Company-wide; consolidation of business unit structure into centralized functional organizationUSD 9 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Charge covers primarily severance compensation and consolidation of facilities; workforce reduced by approximately 11% in response to industry conditions. Also discussed in MD&A.
1996-09-30restructuringin_progress11%Not specifiedCompany-wide; consolidation of prior business unit structure into centralized functional organizationUSD 9 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Workforce reduced by approximately 11%; charge primarily severance compensation and facility consolidation. Absolute headcount not disclosed.
1996-09-30restructuringcompleted11%1996-09-301996-09-30GlobalAll functionsUSD 9 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Company consolidated business units into centralized functional organization; reduced workforce by approximately 11%.
1996-06-30restructuringannounced11%1996-08-01GlobalConsolidated business units into centralized functional organizationsUSD 12 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Announced August 1996 after fiscal year end; charge range $11.0–12.0M to be recorded in Q1 FY1997 for severance and facility consolidation; workforce reduced approximately 11% from ~4,500 base
1996-06-30restructuringannounced11%1996-08GlobalAll functionsUSD 12 (millions)subsequent_events
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Announced in August 1996 (subsequent to fiscal year-end). Workforce reduced by approximately 11%. Charge of $11.0 to $12.0 million for severance and facility consolidation.
1996-06-30restructuringannounced11%1996-08GlobalAll functionsUSD 12 (millions)subsequent_events
f5-10k / Qwen3.6-27B-Q8_0
Announced August 1996. Workforce reduced by approximately 11%. Charge of $11.0 to $12.0 million for severance and facility consolidation. Midpoint of charge range used for value.