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Impairment, Restructuring and Other Charges | 6 Months Ended
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Dec. 31, 2022
Impairment, Restructuring and Other Charges |
Impairment, Restructuring and Other Charges | 7. Impairment, 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 three months ended December 31, 2022, we recognized $2.3 million in restructuring and other charges, which included $1.9 million in legal charges primarily related to government investigations and $0.2 million for employee terminations. During the six months ended December 31, 2022, we recognized $3.5 million in restructuring and other charges, which included $2.9 million in legal charges primarily related to government investigations and $0.5 million for employee terminations. ​ During the three months ended December 31, 2021, we recognized $0.8 million in restructuring and other charges, which included $0.5 million in legal charges primarily related to class action litigation and government investigations and $0.3 million for employee terminations. During the six months ended December 31, 2021, we recognized $3.3 million in restructuring and other charges, which primarily included $0.7 million in employee terminations and $2.7 million in legal charges. The following tables summarize impairment, restructuring and other charges (benefits), net for the periods set forth below (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended December 31, 2021
​ |  | ​ | ​ |  | ​ | ​ |  | Optoelectronics and |  | ​ | ​ |  | ​ | ​
​ | ​ | ​ | ​ | ​ | Healthcare | ​ | Manufacturing | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Security Division |  | Division |  | Division |  | Corporate |  | Total
Employee termination costs | ​ | $ | 332 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 332
Facility closures/consolidation | ​ | ​ | 22 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 22
Legal costs, net | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 477 | ​ |  | 477
Total expensed | ​ | $ | 354 | ​ | $ | — | ​ | $ | — | ​ | $ | 477 | ​ | $ | 831
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended December 31, 2022
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Optoelectronics and | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Healthcare | ​ | Manufacturing | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Security Division |  | Division |  | Division |  | Corporate |  | Total
Acquisition-related costs | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 78 | ​ | ​ | 78
Employee termination costs | ​ | $ | 35 | ​ | $ | 210 | ​ | $ | — | ​ | $ | — | ​ | $ | 245
Legal costs, net | ​ |  | 42 | ​ |  | 1,942 | ​ |  | — | ​ |  | (50) | ​ |  | 1,934
Total | ​ | $ | 77 | ​ | $ | 2,152 | ​ | $ | — | ​ | $ | 28 | ​ | $ | 2,257
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Six Months Ended December 31, 2021
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Optoelectronics and | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Healthcare | ​ | Manufacturing | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Security Division |  | Division |  | Division |  | Corporate |  | Total
Employee termination costs | ​ | $ | 668 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 668
Facility closures/consolidation | ​ | ​ | (40) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (40)
Legal costs, net | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 2,713 | ​ |  | 2,713
Total expensed | ​ | $ | 628 | ​ | $ | — | ​ | $ | — | ​ | $ | 2,713 | ​ | $ | 3,341
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Six Months Ended December 31, 2022
​ |  | ​ | ​ |  | ​ | ​ |  | Optoelectronics and |  | ​ | ​ |  | ​ | ​
​ | ​ | ​ | ​ | ​ | Healthcare | ​ | Manufacturing | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Security Division |  | Division |  | Division |  | Corporate |  | Total
Acquisition-related costs | ​ | $ | 23 | ​ | $ | — | ​ | $ | — | ​ | $ | 78 | ​ | $ | 101
Employee termination costs | ​ | ​ | 275 | ​ | ​ | 210 | ​ | ​ | 15 | ​ | ​ | — | ​ | ​ | 500
Legal costs, net | ​ |  | 567 | ​ |  | 2,236 | ​ |  | — | ​ |  | 72 | ​ |  | 2,875
Total | ​ | $ | 865 | ​ | $ | 2,446 | ​ | $ | 15 | ​ | $ | 150 | ​ | $ | 3,476
​ The accrued liability for restructuring and other charges is included in other accrued expenses and current liabilities in the condensed consolidated balance sheets. The changes in the accrued liability for restructuring and other charges for the six-month period ended December 31, 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, 2022 | ​ | $ | — | ​ | $ | 181 | ​ | $ | 23 | ​ | $ | 1,780 | ​ | $ | 1,984
Restructuring and other charges, net | ​ |  | 101 | ​ |  | 500 | ​ |  | — | ​ |  | 2,876 | ​ |  | 3,477
Payments, adjustments and reimbursements, net | ​ |  | (48) | ​ |  | (408) | ​ |  | (19) | ​ |  | (2,051) | ​ |  | (2,526)
Balance as of December 31, 2022 | ​ | $ | 53 | ​ | $ | 273 | ​ | $ | 4 | ​ | $ | 2,605 | ​ | $ | 2,935
​

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- Definition The entire disclosure for impairment, restructuring and related activities. Description of impairment costs and 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 No definition available. + Details
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- References No definition available. + Details
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