XML 58 R27.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Special Charges (Recoveries)
 6 Months Ended
Dec. 31, 2019
Restructuring, Settlement and Impairment Provisions [Abstract]  
SPECIAL CHARGES (RECOVERIES) SPECIAL CHARGES (RECOVERIES)
Special charges (recoveries) include costs and recoveries that relate to certain restructuring initiatives that we have undertaken from time to time under our various restructuring plans, as well as acquisition-related costs and other charges. 
 
Three Months Ended December 31,
 
Six Months Ended December 31,
 
2019
 
2018
 
2019
 
2018
Fiscal 2019 Restructuring Plan
$
23

 
$
5,993

 
$
1,679

 
$
26,239

Fiscal 2018 Restructuring Plan
65

 
(25
)
 
86

 
510

Restructuring Plans prior to Fiscal 2018 Restructuring Plan
(481
)
 
(79
)
 
(282
)
 
475

Acquisition-related costs
7,779

 
3,197

 
10,445

 
3,704

Other charges (recoveries)
2,686

 
294

 
3,245

 
1,763

Total
$
10,072

 
$
9,380

 
$
15,173

 
$
32,691


Fiscal 2019 Restructuring Plan
During Fiscal 2019, we began to implement restructuring activities to streamline our operations (Fiscal 2019 Restructuring Plan), including in connection with our acquisitions of Catalyst Repository Systems Inc. (Catalyst) and Liaison Technologies, Inc. (Liaison), to take further steps to improve our operational efficiency. The Fiscal 2019 Restructuring Plan charges relate to workforce reductions and facility consolidations. These charges require management to make certain judgments and estimates regarding the amount and timing of restructuring charges or recoveries. Our estimated liability could change subsequent to its recognition, requiring adjustments to the expense and the liability recorded. On a quarterly basis, we conduct an evaluation of the related liabilities and expenses and revise our assumptions and estimates as appropriate.
Since the inception of the plan, approximately $30.0 million has been recorded within "Special charges (recoveries)" to date. We do not expect to incur any further significant charges relating to this plan.
A reconciliation of the beginning and ending liability for the six months ended December 31, 2019 is shown below.
Fiscal 2019 Restructuring Plan
Workforce reduction
 
Facility costs
 
Total
Balance payable as at June 30, 2019
$
1,819

 
$
5,288

 
$
7,107

Adjustment for Topic 842 (note 1 and note 6)
—

 
(5,288
)
 
(5,288
)
Accruals and adjustments
589

 
1,090

 
1,679

Cash payments
(1,555
)
 
(1,090
)
 
(2,645
)
Foreign exchange and other non-cash adjustments
(211
)
 
—

 
(211
)
Balance payable as at December 31, 2019
$
642

 
$
—

 
$
642


Fiscal 2018 Restructuring Plan
During Fiscal 2018 and in the context of our acquisitions of Covisint Corporation, Guidance Software Inc. and Hightail, Inc., we implemented restructuring activities to streamline our operations (collectively referred to as the Fiscal 2018 Restructuring Plan). The Fiscal 2018 Restructuring Plan charges relate to workforce reductions and facility consolidations. These charges require management to make certain judgments and estimates regarding the amount and timing of restructuring charges or recoveries. Our estimated liability could change subsequent to its recognition, requiring adjustments to the expense and the liability recorded. On a quarterly basis, we conduct an evaluation of the related liabilities and expenses and revise our assumptions and estimates as appropriate.
Since the inception of the plan, approximately $10.7 million has been recorded within "Special charges (recoveries)" to date. We do not expect to incur any further significant charges relating to this plan.
A reconciliation of the beginning and ending liability for the six months ended December 31, 2019 is shown below.
Fiscal 2018 Restructuring Plan
Workforce reduction
 
Facility costs
 
Total
Balance payable as at June 30, 2019
$
150

 
$
486

 
$
636

Adjustment for Topic 842 (note 1 and note 6)
—

 
(486
)
 
(486
)
Accruals and adjustments
(62
)
 
148

 
86

Cash payments
(39
)
 
(148
)
 
(187
)
Foreign exchange and other non-cash adjustments
(9
)
 
—

 
(9
)
Balance payable as at December 31, 2019
$
40

 
$
—

 
$
40


Other charges (recoveries)
For the three months ended December 31, 2019, "Other charges" includes $0.1 million relating to the write-off of ROU assets and $2.6 million relating to other miscellaneous charges.
For the six months ended December 31, 2019, "Other charges" includes $0.7 million relating to the write-off of ROU assets and approximately $2.6 million relating to other miscellaneous charges.
For the three months ended December 31, 2018, "Other charges" include $0.3 million relating to other miscellaneous charges.
For the six months ended December 31, 2018, "Other charges" include (i) $1.1 million relating to one-time system implementation costs and (ii) $0.7 million relating to other miscellaneous charges.