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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.

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- References

No definition available.

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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 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

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