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Restructuring and Other Charges | 3 Months Ended
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Sep. 30, 2019
Restructuring and Other Charges |
Restructuring and Other Charges | 5. Restructuring and Other Charges ​ We endeavor to align our global capacity and infrastructure with demand by our customers as well as fully integrate acquisitions and thereby improve operational efficiency. ​ During the quarter ended September 30, 2018, we incurred $3.6 million in legal fees in our Corporate division related to class action litigation and government investigations. Additionally, we incurred costs related to acquisitions completed during the quarter and as a result of employee terminations. ​ During the quarter ended September 30, 2019, we recognized a net benefit of $2.1 million primarily related to reimbursements from our insurance carriers for covered legal charges, partially offset by additional legal fees related to class action litigation and government investigations. ​ The following table summarizes restructuring and other charges (benefit), net for the periods set forth below (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended September 30, 2018
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Optoelectronics and | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Healthcare | ​ | Manufacturing | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Security Division |  | Division |  | Division |  | Corporate |  | Total
Acquisition-related costs | ​ | $ | — | ​ | $ | — |  | $ | 267 | ​ | $ | — | ​ | $ | 267
Employee termination costs | ​ |  | 35 | ​ |  | 191 | ​ |  | 107 | ​ |  | — | ​ |  | 333
Facility closures/consolidation | ​ |  | 10 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 10
Legal costs | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 3,586 | ​ |  | 3,586
Total expensed | ​ | $ | 45 | ​ | $ | 191 | ​ | $ | 374 | ​ | $ | 3,586 | ​ | $ | 4,196
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended September 30, 2019
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Optoelectronics and | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Healthcare | ​ | Manufacturing | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Security Division |  | Division |  | Division |  | Corporate |  | Total
Employee termination costs (benefit) | ​ | $ | — | ​ | $ | — | ​ | $ | (13) | ​ | $ | 71 | ​ | $ | 58
Legal costs (benefit), net | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | (2,157) | ​ |  | (2,157)
Total benefit | ​ | $ | — | ​ | $ | — | ​ | $ | (13) | ​ | $ | (2,086) | ​ | $ | (2,099)
​ The changes in the accrued liability for restructuring and other charges for the three month period ended September 30, 2019 were as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Employee | ​ | ​ | ​ | ​ | ​
​ | ​ | Termination | ​ | Legal Costs and | ​ | ​ | ​
​ |  | Costs |  | Settlements |  | Total
Balance as of June 30, 2019 | ​ | $ | 432 | ​ | $ | 6,331 | ​ | $ | 6,763
Restructuring and other charges (benefit), net | ​ |  | 58 | ​ | ​ | (2,157) | ​ |  | (2,099)
(Payments), adjustments and reimbursements, net | ​ | ​ | (490) | ​ | ​ | 1,417 | ​ |  | 927
Balance as of September 30, 2019 | ​ | $ | — | ​ | $ | 5,591 | ​ | $ | 5,591
​

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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- References No definition available. + Details
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