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IMPAIRMENT, RESTRUCTURING AND OTHER CHARGES (Tables)

12 Months Ended

Jun. 30, 2024

IMPAIRMENT, RESTRUCTURING AND OTHER CHARGES

Schedule of impairment, restructuring and other charges

The following tables summarize impairment, restructuring and other charges for the periods set forth below (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Fiscal 2024

​

​

​

​

​

Optoelectronics

​

​

​

​

​

​

​

​

​

​

​

​

​

​

and

​

​

​

​

​

​

​

​

​

​

​

Security

​

Manufacturing

​

Healthcare

​

​

​

​

​

​

​

Division

Division

Division

Corporate

Total

Acquisition-related costs

​

$

247

​

$

201

​

$

—

​

$

514

​

$

962

Employee termination costs

​

285

​

​

199

​

​

810

​

122

​

​

1,416

Facility closures/consolidation

​

90

​

​

3,148

​

​

—

​

—

​

​

3,238

Legal costs, net

​

53

​

​

—

​

​

—

​

​

722

​

​

775

Total expensed

​

$

675

​

$

3,548

​

$

810

​

$

1,358

​

$

6,391

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Fiscal 2023

​

​

​

​

​

Optoelectronics

​

​

​

​

​

​

​

​

​

​

​

​

​

​

and

​

​

​

​

​

​

​

​

​

​

​

Security

​

Manufacturing

​

Healthcare

​

​

​

​

​

​

​

Division

Division

Division

Corporate

Total

Acquisition-related costs

​

$

23

​

$

7

​

$

225

​

$

127

​

$

382

Employee termination costs

​

​

849

​

​

532

​

​

355

​

​

—

​

​

1,736

Facility closures/consolidation

​

35

​

​

1,504

​

​

—

​

—

​

​

1,539

Legal costs, net

​

808

​

​

464

​

​

2,497

​

140

​

​

3,909

Total expensed

​

$

1,715

​

$

2,507

​

$

3,077

​

$

267

​

$

7,566

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Fiscal 2022

​

​

​

​

​

Optoelectronics

​

​

​

​

​

​

​

​

​

​

​

​

​

​

and

​

​

​

​

​

​

​

​

​

​

​

Security

​

Manufacturing

​

Healthcare

​

​

​

​

​

​

​

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

Schedule 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 2023 and 2024 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 (benefit), net

​

​

382

​

​

1,736

​

​

1,539

​

​

3,909

​

​

7,566

Payments, adjustments and reimbursements, net

​

​

(375)

​

​

(1,810)

​

​

47

​

​

(5,033)

​

​

(7,171)

Balance as of June 30, 2023

​

$

7

​

$

107

​

$

1,609

​

$

656

​

$

2,379

Restructuring and other charges (benefit), net

​

962

​

​

1,416

​

​

3,238

​

775

​

​

6,391

Payments, adjustments and reimbursements, net

​

(473)

​

​

(1,229)

​

​

(4,620)

​

(623)

​

​

(6,945)

Balance as of June 30, 2024

​

$

496

​

$

294

​

$

227

​

$

808

​

$

1,825

​

X

- Definition

Tabular disclosure of Impairment, restructuring and other charges.

+ References

No definition available.

+ Details

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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
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 5.P.3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479823/420-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482017/420-10-50-1

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