)

Restructuring

The Company has undertaken cost reduction and facility consolidation initiatives that have resulted in severance, restructuring, and related charges.

2019

Restructuring Initiatives

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

first

quarter of fiscal year

2019,

we incurred restructuring expenses related to

third

party assistance with analysis and implementation of these activities.

Prior Year Restructuring Initiatives

During the

first

quarter of fiscal year

2018,

we incurred restructuring expenses related to

three

restructuring programs, namely: (

) the realignment of management functions at the Food Service Equipment Group level; (

) headcount reduction and plant realignment with regard to the standard products businesses within Food Service Equipment; and (

) the exit of an unprofitable Engraving business in Brazil.

A summary of charges by initiative is as follows (in thousands):

Fiscal

2019

	Three Months Ended
	September 30, 2018
	Involuntary Employee Severance and Benefit Costs		Other		Total
Restructuring initiatives	$	-	$	350	$	350
Prior year initiatives		85		12		97
	$	85	$	362	$	447

Fiscal

2018

	Three Months Ended
	September 30, 2017
	Involuntary Employee Severance and Benefit Costs		Other		Total
Restructuring initiatives	$	1,636	$	547	$	2,183
Prior year initiatives		42		733		775
	$	1,678	$	1,280	$	2,958

Activity in the reserve related to the restructuring initiatives is as follows (in thousands):

Current Year Initiatives	Involuntary Employee Severance and Benefit Costs		Other		Total
Restructuring liabilities at June 30, 2018	$	-	$	-	$	-
Additions and adjustments		-		350		350
Payments		-		-		-
Restructuring liabilities at September 30, 2018	$	-	$	350	$	350

Prior Year Initiatives	Involuntary Employee Severance and Benefit Costs			Other			Total
Restructuring liabilities at June 30, 2017	$	456		$	25		$	481
Additions and adjustments		85			12			97
Payments		(416	)		(18	)		(434	)
Restructuring liabilities at September 30, 2017	$	125		$	19		$	144

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

	Three Months Ended						Three Months Ended
	September 30, 2018						September 30, 2017
	Involuntary Employee Severance and Benefit Costs		Other		Total		Involuntary Employee Severance and Benefit Costs		Other		Total
Food Service Equipment	$	21	$	-	$	21	$	789	$	427	$	1,216
Engraving		17		-		17		715		94		809
Engineering Technologies		47		-		47		42		724		766
Electronics		-		12		12		132		26		158
Hydraulics		-		-		-		-		-		-
Corporate		-		350		350		-		9		9
	$	85	$	362	$	447	$	1,678	$	1,280	$	2,958

Restructuring expense is expected to be approximately

$1.5

million for the remainder of fiscal year

2019.