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IMPAIRMENT, RESTRUCTURING AND OTHER CHARGES (Tables)

12 Months Ended

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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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.

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+ References

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