XML 46 R29.htm IDEA: XBRL DOCUMENT
v3.22.2.2

IMPAIRMENT, RESTRUCTURING AND OTHER CHARGES (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2022
IMPAIRMENT, RESTRUCTURING AND OTHER CHARGES |
Summary of impairment, restructuring and other charges (benefit), net | The following tables summarize impairment, restructuring and other charges for the periods set forth below (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Fiscal 2020
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Optoelectronics | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | and | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Security | ​ | Healthcare | ​ | Manufacturing | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Division |  | Division |  | Division |  | Corporate |  | Total
Impairment charges | ​ | $ | 2,200 | ​ | $ | 3,258 | ​ | $ | — | ​ | $ | — | ​ | $ | 5,458
Acquisition-related costs | ​ | ​ | 309 | ​ | ​ | — | ​ | ​ | 41 | ​ | ​ | — | ​ | ​ | 350
Employee termination costs | ​ |  | 2,748 | ​ |  | 466 | ​ |  | 618 | ​ |  | 184 | ​ |  | 4,016
Facility closures/consolidation | ​ |  | 231 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 231
Legal costs (recoveries), net | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | (3,572) | ​ |  | (3,572)
Total expensed | ​ | $ | 5,488 | ​ | $ | 3,724 | ​ | $ | 659 | ​ | $ | (3,388) | ​ | $ | 6,483
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Fiscal 2021
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Optoelectronics | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | and | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Security | ​ | Healthcare | ​ | Manufacturing | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Division |  | Division |  | Division |  | Corporate |  | Total
Impairment charges | ​ | $ | 552 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 552
Acquisition-related costs | ​ | ​ | 249 | ​ | ​ | 27 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 276
Employee termination costs | ​ |  | 4,130 | ​ |  | — | ​ |  | 315 | ​ |  | — | ​ |  | 4,445
Mexico transaction costs | ​ | ​ | 2,691 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 2,691
Facility closures/consolidation | ​ |  | 1,675 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 1,675
Legal costs, net | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 465 | ​ |  | 465
Total expensed | ​ | $ | 9,297 | ​ | $ | 27 | ​ | $ | 315 | ​ | $ | 465 | ​ | $ | 10,104
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Fiscal 2022
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Optoelectronics | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | and | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Security | ​ | Healthcare | ​ | Manufacturing | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Division |  | Division |  | Division |  | Corporate |  | Total
Impairment charges | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 1,006 | ​ | $ | 1,006
Acquisition-related costs | ​ | ​ | 232 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 56 | ​ | ​ | 288
Employee termination costs | ​ |  | 1,077 | ​ |  | — | ​ |  | 100 | ​ |  | — | ​ |  | 1,177
Facility closures/consolidation | ​ |  | (33) | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | (33)
Legal costs, net | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 5,104 | ​ |  | 5,104
Total expensed | ​ | $ | 1,276 | ​ | $ | — | ​ | $ | 100 | ​ | $ | 6,166 | ​ | $ | 7,542
Summary of changes in the accrued liability for restructuring and other charges | The accrued liability for restructuring and other charges is included in other accrued expenses and current liabilities in the consolidated balance sheet. The changes in the accrued liability for restructuring and other charges for fiscal 2021 and 2022 were as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Facility | ​ | ​ | ​ | ​ | ​
​ | ​ | Acquisition- | ​ | Employee | ​ | Closure / | ​ | Legal | ​ | ​ | ​
​ | ​ | Related | ​ | Termination | ​ | Consolidation | ​ | Costs and | ​ | ​ | ​
​ |  | Costs |  | Costs |  | Cost |  | Settlements |  | Total
Balance as of June 30, 2020 | ​ | $ | — | ​ | $ | 545 | ​ | $ | 201 | ​ | $ | 1,882 | ​ | $ | 2,628
Restructuring and other charges, net | ​ | ​ | 276 | ​ | ​ | 4,368 | ​ | ​ | 1,675 | ​ | ​ | 3,156 | ​ | ​ | 9,475
Payments, adjustments and reimbursements, net | ​ | ​ | (276) | ​ | ​ | (4,663) | ​ | ​ | (1,490) | ​ | ​ | (2,266) | ​ | ​ | (8,695)
Balance as of June 30, 2021 | ​ | $ | — | ​ | $ | 250 | ​ | $ | 386 | ​ | $ | 2,772 | ​ | $ | 3,408
Restructuring and other charges (benefit), net | ​ |  | 288 | ​ |  | 1,177 | ​ |  | (33) | ​ |  | 6,110 | ​ |  | 7,542
Payments, adjustments and reimbursements, net | ​ |  | (288) | ​ |  | (1,246) | ​ |  | (330) | ​ |  | (7,102) | ​ |  | (8,966)
Balance as of June 30, 2022 | ​ | $ | — | ​ | $ | 181 | ​ | $ | 23 | ​ | $ | 1,780 | ​ | $ | 1,984

X
- Definition Tabular disclosure of Impairment, restructuring and other charges. + References No definition available. + Details
Name: | osis_ScheduleOfImpairmentRestructuringAndRelatedCostsTableTextBlock
Namespace Prefix: | osis_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RestructuringCostsAndAssetImpairmentChargesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 https://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 https://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 https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
Name: | us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration