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Restructuring and Other Charges | 12 Months Ended
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Sep. 30, 2021
Restructuring And Related Activities [Abstract] |
Restructuring and Other Charges | 18. Restructuring and Other Charges In June 2020, the Access Equipment segment announced that it would close its Medias, Romania manufacturing facility and relocate the production to factories in the United States, Mexico and China. The Company also announced that it would close its service center in Riverside, California. Both facilities were closed to simplify and better align operations to support customers and enable sustainable growth. The Company ceased all operations in Medias as of June 30, 2021 and in Riverside as of December 31, 2020. The Access Equipment segment also initiated targeted reductions in its salaried workforce in response to the ongoing COVID-19 pandemic. The Company incurred restructuring charges of $3.1 million and $10.4 million during fiscal 2021 and 2020, respectively, for severance, other post-employment-related benefits, lease impairments, long-lived asset impairments and lease termination costs. The Access Equipment segment incurred additional charges of $7.4 million related to these restructuring actions during fiscal 2021, consisting of $2.8 million of accelerated depreciation, $4.1 million of inventory obsolescence and $0.5 million of other operational costs. The Access Equipment segment incurred additional charges of $4.7 million related to these restructuring actions during fiscal 2020, consisting of $2.8 million of accelerated depreciation, $1.6 million in inventory obsolescence and $0.3 million of other operational costs. In July 2020, the Commercial segment announced that it will cease production of rear discharge concrete mixers at its Dodge Center, Minnesota, facility and relocate it to London, Ontario and the Dodge Center factory would be dedicated to refuse collection vehicle manufacturing. Both product lines benefit from the focused facilities. The Commercial segment incurred restructuring charges of $1.5 million during fiscal 2020, consisting of severance costs and other post-employment-related benefits. In addition, the Commercial segment experienced $4.1 million of accelerated depreciation as a result of this action during fiscal 2020. Pre-tax restructuring charges were as follows (in millions):
|  | Fiscal Year Ended September 30, |
|  | 2021 |  |  | 2020 |
|  | Cost of Sales |  |  | Selling, General and Administrative Expenses |  |  | Total |  |  | Cost of Sales |  |  | Selling, General and Administrative Expenses |  |  | Total |
Access Equipment |  | $ | 4.6 |  |  | $ | (1.5 | ) |  | $ | 3.1 |  |  | $ | 2.9 |  |  | $ | 7.5 |  |  | $ | 10.4 |
Commercial |  |  | 0.1 |  |  |  | — |  |  |  | 0.1 |  |  |  | 0.7 |  |  |  | 0.8 |  |  |  | 1.5 |
Fire & Emergency |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 0.3 |  |  |  | 1.1 |  |  |  | 1.4 |
Corporate |  |  | — |  |  |  | (0.4 | ) |  |  | (0.4 | ) |  |  | — |  |  |  | 1.1 |  |  |  | 1.1 |
Total |  | $ | 4.7 |  |  | $ | (1.9 | ) |  | $ | 2.8 |  |  | $ | 3.9 |  |  | $ | 10.5 |  |  | $ | 14.4 |
Changes in the Company’s restructuring reserves, included within “Other current liabilities” in the Consolidated Balance Sheets, were as follows (in millions):
|  | Employee Severance and Termination Benefits |  |  | Property, Plant and Equipment Impairment |  |  | Other Costs |  |  | Total |
Balance at September 30, 2019 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Restructuring provision |  |  | 13.3 |  |  |  | 0.8 |  |  |  | 0.3 |  |  |  | 14.4 |
Utilized - cash |  |  | (3.5 | ) |  |  | — |  |  |  | — |  |  |  | (3.5 | )
Utilized - noncash |  |  | — |  |  |  | (0.8 | ) |  |  | — |  |  |  | (0.8 | )
Foreign currency translation |  |  | (0.1 | ) |  |  | — |  |  |  | — |  |  |  | (0.1 | )
Balance at September 30, 2020 |  |  | 9.7 |  |  |  | — |  |  |  | 0.3 |  |  |  | 10.0 |
Restructuring provision |  |  | — |  |  |  | 2.3 |  |  |  | 0.5 |  |  |  | 2.8 |
Utilized - cash |  |  | (9.3 | ) |  |  | — |  |  |  | (2.3 | ) |  |  | (11.6 | )
Utilized - noncash |  |  | — |  |  |  | (2.3 | ) |  |  | 1.6 |  |  |  | (0.7 | )
Balance at September 30, 2021 |  | $ | 0.4 |  |  | $ | — |  |  | $ | 0.1 |  |  | $ | 0.5 |

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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