ASYS » Topics » Restructuring Charges

These excerpts taken from the ASYS 10-K filed Dec 10, 2008.

Restructuring Charges

In June 2006, we adopted a plan to consolidate the manufacturing of our automation product line into facilities already used to manufacture diffusion furnaces. Our automation products are often sold in conjunction with the sale of new diffusion furnaces. As a result of this decision, we recorded $0.2 million of restructuring charges in fiscal 2006. We incurred no comparable costs in fiscal 2007.

Restructuring
Charges


In June 2006, we adopted a plan to
consolidate the manufacturing of our automation product line into facilities
already used to manufacture diffusion furnaces. Our automation products are
often sold in conjunction with the sale of new diffusion furnaces. As a result
of this decision, we recorded $0.2 million of restructuring charges in fiscal
2006. We incurred no comparable costs in fiscal 2007.


This excerpt taken from the ASYS 10-K filed Dec 12, 2007.

Restructuring Charges

In June 2006, we adopted a plan to consolidate the manufacturing of our automation product line into facilities already used to manufacture diffusion furnaces. Our automation products are often sold in conjunction with the sale of new diffusion furnaces. As a result of this decision, we recorded $0.2 million of restructuring charges in fiscal 2006. No comparable costs were incurred in fiscal 2005.

31

This excerpt taken from the ASYS 10-Q filed Aug 14, 2007.

Restructuring Charges

In June 2006, Amtech adopted a plan to consolidate the manufacturing of its automation product line into facilities already used to manufacture diffusion furnaces. Amtech’s automation products are often sold in conjunction with the sale of new diffusion furnaces. As a result of this decision, the Company incurred a restructuring charge of $0.1 million. We incurred no comparable costs in fiscal 2007.

Research and Development

Research and development expenses consist of the cost of employees, consultants and contractors who design, engineer and develop new products and processes; materials and supplies used in those activities; and product prototyping.

   Three Months Ended   Nine Months Ended 
 June 30,         June 30,         Inc.           June 30,         June 30,         Inc.         
 Research and Development         2007   2006   (Dec)         %  2007     2006   (Dec)   %
   (dollars in thousands)     (dollars in thousands)     
 Semiconductor and Solar                               
   Equipment Segment  $ 117  $  65  $ 52   80 %  $  376  $  372  $   4   1 % 
 Polishing Supplies Segment    -    -    -   0 %    -    -    -   0 % 
   Total  $ 117  $  65     52   80 %  $  376  $  372  $    4   1 % 

Research and development costs for the three and nine months ended June 30, 2007 are comparable to the three and nine month periods ended June 30, 2006. Costs reflect credits for $0.1 million of government grants for the three and nine month periods ended June 30, 2007 and 2006.

This excerpt taken from the ASYS 10-K filed Dec 21, 2006.

Restructuring Charges

 

 

Years Ended September 30,

 

Increase
(Decrease)

 

%

 

 

 






 

 

 

Restructuring Charge

 

2006

 

2005

 

 

 


 



 



 



 



 

 

 

(dollars in thousands)

 

 

 

 

 

 

 

Semiconductor Equipment Segment

 

$

190

 

$

—  

 

$

190

 

 

0%

 

Polishing Supplies Segment

 

 

—  

 

 

—  

 

 

—  

 

 

0%

 

 

 



 



 



 

 

 

 

Total

 

$

190

 

$

—  

 

$

190

 

 

0%

 

 

 



 



 



 

 

 

 

In June 2006, we adopted a plan to consolidate the manufacturing of our automation product line into facilities already used to manufacture diffusion furnaces.  Our automation products are often sold in conjunction with the sale of new diffusion furnaces.  As a result of this decision, we recorded $0.2 million of restructuring charges in fiscal 2006. 

This excerpt taken from the ASYS 10-Q filed Aug 14, 2006.

Restructuring Charges

 

 

Three Months Ended

 

Nine Months Ended

 

 

 


 


 

Restructuring Charge

 

June 30,
2006

 

June 30,
2005

 

June 30,
2006

 

June 30,
2005

 


 



 



 



 



 

 

 

(dollars in thousands)

 

Semiconductor Equipment Segment

 

$

140

 

$

—  

 

$

140

 

$

—  

 

Polishing Supplies Segment

 

$

—  

 

$

—  

 

$

—  

 

$

—  

 

 

 



 



 



 



 

Total

 

$

140

 

$

—  

 

$

140

 

$

—  

 

 

 



 



 



 



 

Percent of net revenue

 

 

1

%

 

0

%

 

0

%

 

0

%

In June 2006, Amtech adopted a plan to consolidate the manufacturing of it automation product line into facilities already used to manufacture diffusion furnaces.  Amtech’s automation products are often sold in conjunction with the sale of new diffusion furnaces.  As a result of this decision, the Company notified certain personnel of their termination date and severance and recorded a restructuring charge of $0.1 million.

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