16.

restructuring

The Company has undertaken a number of initiatives that have resulted in severance, restructuring, and related charges. A summary of charges by initiative is as follows (in thousands):

	Involuntary Employee
	Severance and
Year Ended June 30,	Benefit Costs		Other		Total
201 7 Restructuring Initiatives	$	1,863	$	3,590	$	5,453
Prior Year Initiatives		-		372		372
Total expense	$	1,863	$	3,962	$	5,825

2016 Restructuring Initiatives	$	1,046	$	893	$	1,939
Prior Year Initiatives		96		2,197		2,293
Total expense	$	1,142	$	3,090	$	4,232

2015 Restructuring Initiatives	$	847	$	2,319	$	3,166
Prior Year Initiatives		11		266		277
Total expense	$	858	$	2,585	$	3,443

201

Restructuring Initiatives

The Company continues to focus on our efforts to reduce cost and improve productivity across our businesses, particularly through headcount reductions, facility closures, and consolidations. The Company’s

2017

initiatives are from

three

primary areas.

First, Engineering Technologies incurred

$3.6

million of expense related to manufacturing footprint optimization at the Enginetics, Huber Heights, Ohio facility which allowed us to close its East Lake, Ohio facility. We vacated and sublet the East Lake facility for approximately the same aggregate lease costs for which we are obligated under the lease. Second, we spent

$1.2

million to gain organizational efficiencies within the Food Service Equipment segment. Finally, we spent

$0.5

million to move our Electronics facility in China due to government directives related to all businesses in the area where our facility was located.

The Company anticipates further restructuring charges in

2018

based upon market conditions and cost reduction activities to improve our competitive advantage.

Activity in the reserves related to

2017

restructuring initiatives is as follows (in thousands):

	Involuntary Employee
	Severance and
	Benefit Costs			Other			Total
Restructuring Liabilities at June 30, 2016	$	-		$	-		$	-
Additions		1,927			3,512			5,439
Payments		(1,421	)		(2,711	)		(4,132	)
Restructuring Liabilities at June 30, 2017	$	506		$	801		$	1,307

201

Restructuring Initiatives

The Company’s

2016

initiatives included the movement of manufacturing from a legacy Canadian facility into our newly acquired Northlake facility and a reduction of personnel in those locations impacted by the slowdown in the oil and gas market.

Restructuring expenses during fiscal year

2016

were

$4.2

million primarily related to a

$1.7

million non-cash charge from the sale of a vacant property and a

$0.7

million non-cash charge to discontinue a product line at our Refrigeration Solutions group. Restructuring activities related to all prior year initiatives are substantially complete.

Activity in the reserves related to prior year restructuring initiatives is as follows (in thousands):

	Involuntary Employee
	Severance and
	Benefit Costs			Other			Total
Restructuring Liabilities at June 30, 2016	$	74		$	256		$	330
Additions		-			230			230
Payments		(74	)		(49	)		(123	)
Restructuring Liabilities at June 30, 2017	$	-		$	437		$	437

The Company’s total restructuring expenses by segment are as follows (in thousands):

	Involuntary Employee
	Severance and
Year Ended June 30,	Benefit Costs			Other		Total
Fiscal Year 2017
Food Service Equipment	$	1,101		$	85	$	1,186
Engineering Technologies		809			3,070		3,879
Engraving		6			-		6
Electronics		11			488		499
Corporate and Other		(64	)		319		255
Total expense	$	1,863		$	3,962	$	5,825

Fiscal Year 2016
Food Service Equipment	$	138		$	2,841	$	2,979
Engineering Technologies		160			-		160
Engraving		92			-		92
Electronics		624			217		841
Corporate and Other		128			32		160
Total expense	$	1,142		$	3,090	$	4,232

Fiscal Year 2015
Food Service Equipment	$	215		$	2,363	$	2,578
Engineering Technologies		75			-		75
Engraving		220			-		220
Electronics		348			222		570
Total expense	$	858		$	2,585	$	3,443