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IMPAIRMENT, RESTRUCTURING AND OTHER CHARGES (Tables) | 12 Months Ended
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Jun. 30, 2019
IMPAIRMENT, RESTRUCTURING AND OTHER CHARGES |
Summary of impairment, restructuring and other charges | The following table summarizes restructuring and other charges for the periods set forth below (in thousands):
|  | 2017
|  |  |  |  |  |  |  | Optoelectronics |  |  |  |  |  |
|  |  |  |  |  |  |  | and |  |  |  |  |  |
|  | Security |  | Healthcare |  | Manufacturing |  |  |  |  |  |
|  | Division |  | Division |  | Division |  | Corporate |  | Total
Acquisition-related costs |  | $ | 810 |  | $ | — |  | $ | — |  | $ | 4,877 |  | $ | 5,687
Employee termination costs |  |  | 8,256 |  |  | 1,760 |  |  | 631 |  |  | — |  |  | 10,647
Facility closures/consolidation |  |  | 967 |  |  | 1,095 |  |  | 444 |  |  | — |  |  | 2,506
Other charges (reversals) |  |  | 7 |  |  | 374 |  |  | (70) |  |  | 500 |  |  | 811
Total expense |  | $ | 10,040 |  | $ | 3,229 |  | $ | 1,005 |  | $ | 5,377 |  | $ | 19,651
|  |  | 2018
|  |  |  |  |  |  |  | Optoelectronics |  |  |  |  |  |
|  |  |  |  |  |  |  | and |  |  |  |  |  |
|  | Security |  | Healthcare |  | Manufacturing |  |  |  |  |  |
|  | Division |  | Division |  | Division |  | Corporate |  | Total
Acquisition-related costs |  | $ | — |  | $ | — |  | $ | — |  | $ | 1,541 |  | $ | 1,541
Employee termination costs |  |  | 1,485 |  |  | 16 |  |  | 610 |  |  | — |  |  | 2,111
Facility closures/consolidation |  |  | 213 |  |  | 263 |  |  | 26 |  |  | — |  |  | 502
Legal and accrued settlement costs |  |  | — |  |  | 19,364 |  |  | — |  |  | 3,650 |  |  | 23,014
Total expensed |  | $ | 1,698 |  | $ | 19,643 |  | $ | 636 |  | $ | 5,191 |  | $ | 27,168
|  | 2019
|  |  |  |  |  |  |  | Optoelectronics |  |  |  |  |  |
|  |  |  |  |  |  |  | and |  |  |  |  |  |
|  | Security |  | Healthcare |  | Manufacturing |  |  |  |  |  |
|  | Division |  | Division |  | Division |  | Corporate |  | Total
Acquisition-related costs |  | $ | — |  | $ | — |  | $ | 287 |  | $ | 1,021 |  | $ | 1,308
Employee termination costs |  |  | 132 |  |  | 1,629 |  |  | 687 |  |  | — |  |  | 2,448
Facility closures/consolidation |  |  | — |  |  | 1,918 |  |  | 84 |  |  | — |  |  | 2,002
Legal and accrued settlement costs, net |  |  | — |  |  | — |  |  | — |  |  | (1,931) |  |  | (1,931)
Total expensed |  | $ | 132 |  | $ | 3,547 |  | $ | 1,058 |  | $ | (910) |  | $ | 3,827
Summary of changes in the accrued liability for restructuring and other charges | The changes in the accrual for restructuring and other charges for fiscal 2018 and 2019 were as follows (in thousands):
|  |  |  |  |  |  |  |  |  |  | Legal |  |  |
|  |  |  |  |  |  |  | Facility |  | Settlements |  |  |
|  | Acquisition- |  | Employee |  | Closure/ |  | and |  |  |
|  | related |  | Termination |  | Consolidation |  | Related |  |  |
|  | Costs |  | Costs |  | Cost |  | Costs |  | Total
Balance as of June 30, 2017 |  | $ | — |  | $ | 175 |  | $ | 291 |  | $ | — |  | $ | 466
Restructuring and other charges |  |  | 1,541 |  |  | 2,111 |  |  | 502 |  |  | 23,014 |  |  | 27,168
Payments and other adjustments |  |  | (1,541) |  |  | (1,449) |  |  | (394) |  |  | (8,949) |  |  | (12,333)
Balance as of June 30, 2018 |  | $ | — |  | $ | 837 |  | $ | 399 |  | $ | 14,065 |  | $ | 15,301
Restructuring and other charges, net |  |  | 1,308 |  |  | 2,448 |  |  | 2,002 |  |  | (1,931) |  |  | 3,827
Payments and other adjustments |  |  | (1,308) |  |  | (2,853) |  |  | (2,401) |  |  | (5,803) |  |  | (12,365)
Balance as of June 30, 2019 |  | $ | — |  | $ | 432 |  | $ | — |  | $ | 6,331 |  | $ | 6,763
Summary of the impairment, restructuring and other charges | The following table summarizes the impairment, restructuring and other charges for fiscal 2017, 2018 and 2019 (in thousands):
|  | 2017 |  | 2018 |  | 2019
Impairment of assets |  | $ | 27,047 |  | $ | 7,795 |  | $ | —
Facility closure / consolidations |  |  | 2,506 |  |  | 502 |  |  | 2,002
Employee termination costs |  |  | 10,647 |  |  | 2,111 |  |  | 2,448
Legal fees, settlements and related costs, net |  |  | — |  |  | 23,014 |  |  | (1,931)
Acquisition-related costs |  |  | 5,687 |  |  | 1,541 |  |  | 1,308
Other |  |  | 811 |  |  | — |  |  | —
Total impairment, restructuring and other charges |  | $ | 46,698 |  | $ | 34,963 |  | $ | 3,827

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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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