RESTRUCTURING AND RELATED CHARGES

2018/2019 Phase of Restructuring Associated with Simplification/Modernization

In the June quarter of fiscal 2018, we implemented and substantially completed restructuring actions to simplify the Industrial segment's cost structure by directing resources to more profitable business and increasing sales force productivity. We supplemented this with the rationalization of small manufacturing facilities in the Infrastructure and Industrial segments, which we expect to complete in fiscal 2019. Total restructuring and related charges since inception of $17.4 million have been recorded for this program through March 31, 2019.

We recorded restructuring and related charges of $3.7 million and $1.7 million for the three months ended March 31, 2019 and 2018, respectively. Of these amounts, restructuring charges totaled $2.6 million and $1.1 million for the three months ended March 31, 2019 and 2018, respectively, of which expense of $0.2 million and benefit of $0.2 million was related to inventory and was recorded in cost of goods sold for the three months ended March 31, 2019 and 2018, respectively. Restructuring-related charges of $0.9 million were recorded in cost of goods sold and $0.1 million of expense and $0.3 million of benefit were recorded in operating expense for the three months ended March 31, 2019 and 2018, respectively.

We recorded restructuring and related charges of $6.8 million and $10.0 million for the nine months ended March 31, 2019 and 2018, respectively. Of these amounts, restructuring charges totaled $5.3 million and $6.7 million, respectively, of which expense of $0.2 million and benefit of $0.2 million was related to inventory and were recorded in cost of goods sold for the nine months ended March 31, 2019 and 2018, respectively. Restructuring-related charges of $1.4 million and $3.3 million were recorded in cost of goods sold and $0.1 million were recorded in operating expense for the nine months ended March 31, 2019 and 2018, respectively.

As of March 31, 2019, the total restructuring accrual is recorded in other current liabilities in our condensed consolidated balance sheet. As of June 30, 2018, $17.5 million and $0.1 million of the restructuring accrual is recorded in other current liabilities and other liabilities, respectively. The amount attributable to each segment is as follows:



(in thousands)	June 30, 2018		Expense		Asset Write-Down			Translation			Cash Expenditures			March 31, 2019
Industrial
Severance	$	7,967	$	1,204	$	—		$	(145	)	$	(3,630	)	$	5,396
Facilities	—		1,057		(1,057		)	—			—			—
Other	—		22		—			—			1			23
Total Industrial	$	7,967	$	2,283	$	(1,057	)	$	(145	)	$	(3,629	)	$	5,419

Widia
Severance	$	2,087	$	363	$	—		$	(44	)	$	(1,094	)	$	1,312
Facilities	—		401		(401		)	—			—			—
Other	15		7		—			—			—			22
Total Widia	$	2,102	$	771	$	(401	)	$	(44	)	$	(1,094	)	$	1,334

Infrastructure
Severance	$	7,558	$	1,754	$	—		$	(211	)	$	(5,291	)	$	3,810
Facilities	—		447		(447		)	—			—			—
Other	12		32		—			—			2			46
Total Infrastructure	$	7,570	$	2,233	$	(447	)	$	(211	)	$	(5,289	)	$	3,856
Total	$	17,639	$	5,287	$	(1,905	)	$	(400	)	$	(10,012	)	$	10,609