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Restructuring Activities | 9 Months Ended
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Dec. 31, 2021
Restructuring Activities [Abstract] |
Restructuring Activities | Note 7: Restructuring Activities During the first nine months of fiscal 2022, restructuring and repositioning expenses primarily consisted of severance-related costs associated with targeted headcount reductions in the CIS and Automotive segments and equipment transfer costs within the HDE segment. During the first nine months of fiscal 2021, the Company recorded $3.1 million of severance expenses related to plant consolidation activities in China within the CIS segment. The Company also implemented targeted headcount reductions in the HDE and CIS segments. Restructuring and repositioning expenses were as follows:
|  | Three months ended December 31, |  |  | Nine months ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Employee severance and related benefits |  | $ | 1.4 |  |  | $ | 0.5 |  |  | $ | 1.7 |  |  | $ | 6.2 |
Other restructuring and repositioning expenses |  |  | 0.7 |  |  |  | 0.4 |  |  |  | 1.3 |  |  |  | 0.8 |
Total |  | $ | 2.1 |  |  | $ | 0.9 |  |  | $ | 3.0 |  |  | $ | 7.0 |
Other restructuring and repositioning expenses primarily consist of equipment transfers and plant consolidation costs. The Company accrues severance in accordance with its written plans, procedures, and relevant statutory requirements. Changes in accrued severance were as follows:
|  | Three months ended December 31, |
|  | 2021 |  |  | 2020 |
Beginning balance |  | $ | 2.8 |  |  | $ | 5.8 |
Additions |  |  | 1.4 |  |  |  | 0.5 |
Payments |  |  | (0.9 | ) |  |  | (2.5 | )
Reclassified from (to) held for sale |  |  | 0.4 |  |  |  | (0.8 | )
Effect of exchange rate changes |  |  | (0.1 | ) |  |  | 0.2 |
Ending balance |  | $ | 3.6 |  |  | $ | 3.2 |
|  | Nine months ended December 31, |
|  | 2021 |  |  | 2020 |
Beginning balance |  | $ | 4.0 |  |  | $ | 5.0 |
Additions |  |  | 1.7 |  |  |  | 6.2 |
Payments |  |  | (2.3 | ) |  |  | (7.7 | )
Reclassified from (to) held for sale |  |  | 0.4 |  |  |  | (0.8 | )
Effect of exchange rate changes |  |  | (0.2 | ) |  |  | 0.5 |
Ending balance |  | $ | 3.6 |  |  | $ | 3.2 |

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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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