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Restructuring Activities | 3 Months Ended
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Jun. 30, 2022
Restructuring Activities [Abstract] |
Restructuring Activities | Note 6: Restructuring Activities During the first quarter of fiscal 2023, restructuring and repositioning expenses primarily consisted of severance expenses related to targeted headcount reductions in Europe within the Performance Technologies segment. During the first quarter of fiscal 2022, restructuring and repositioning expenses primarily consisted of equipment transfer costs and severance-related expenses within the Performance Technologies segment. Restructuring and repositioning expenses were as follows:
|  | Three months ended June 30, |
|  | 2022 |  |  | 2021 |
Employee severance and related benefits |  | $ | 1.4 |  |  | $ | 0.1 |
Other restructuring and repositioning expenses |  |  | 0.1 |  |  |  | 0.2 |
Total |  | $ | 1.5 |  |  | $ | 0.3 |
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 June 30, |
|  | 2022 |  |  | 2021 |
Beginning balance |  | $ | 20.2 |  |  | $ | 4.0 |
Additions |  |  | 1.4 |  |  |  | 0.1 |
Payments |  |  | (3.3 | ) |  |  | (1.3 | )
Effect of exchange rate changes |  |  | (0.9 | ) |  |  | 0.1 |
Ending balance |  | $ | 17.4 |  |  | $ | 2.9 |

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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 https://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 https://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 https://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 https://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 https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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