On the Surface
On the Surface
On the Surface
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STERIS CORPORATION AND SUBSIDIARIES<br />
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS<br />
(dollars in thousands, except per share amounts)<br />
March 31,<br />
2007 Provision<br />
European Restructuring Plan<br />
Fiscal 2008<br />
Payments/<br />
Impairments<br />
March 31,<br />
2008<br />
Severance and termination benefits $ 638 $ (68) $ (570) $ —<br />
Lease termination obligations 219 160 (132) 247<br />
Fixed asset impairments 105 — (105) —<br />
Total $ 962 $ 92 $ (807) $ 247<br />
March 31,<br />
2006<br />
European Restructuring Plan<br />
Fiscal 2007<br />
Provision Payments<br />
March 31,<br />
2007<br />
Severance and termination benefits $ — $ 1,365 $ (727) $ 638<br />
Lease termination obligations — 233 (14) 219<br />
Fixed asset impairments — 105 — 105<br />
Total $ — $ 1,703 $ (741) $ 962<br />
March 31,<br />
2007<br />
Fiscal 2006 Restructuring Plan<br />
Fiscal 2008<br />
Provision Payments<br />
March 31,<br />
2008<br />
Severance and termination benefits $ 1,799 $ 132 $(1,052) $ 879<br />
Lease termination obligation 157 (13) (144) —<br />
Total $ 1,956 $ 119 $(1,196) $ 879<br />
March 31,<br />
2006<br />
Fiscal 2006 Restructuring Plan<br />
Fiscal 2007<br />
Provision Payments<br />
March 31,<br />
2007<br />
Severance and termination benefits (1) $ 1,941 $ 1,743 $ (1,885) $ 1,799<br />
Lease termination obligation 135 150 (128) 157<br />
Total $ 2,076 $ 1,893 $ (2,013) $ 1,956<br />
(1) Does not include certain items that were paid in <strong>the</strong> period incurred.<br />
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