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Restructuring Costs (Notes)
3 Months Ended
Sep. 30, 2020
Restructuring and Related Activities [Abstract]  
Restructuring Costs Restructuring Costs
During the second half of fiscal 2020, the Company implemented a business improvement plan related to:
its strategic initiative to exit the domestic iron and steel industry;
the implementation of business improvements in the power delivery portion of the Utility and Power Infrastructure segment; and
the reduction of its cost structure following the decline in revenue caused by the COVID-19 pandemic and related market disruption and the decline in the price of crude oil.
The business improvement plan consisted of discretionary cost reductions, workforce reductions and closures of certain offices in order to increase the utilization of the Company's staff and bring the cost structure of the business in line with the expected near-term decrease in revenue. The Company incurred $14.0 million of restructuring costs during fiscal 2020 and substantially completed its restructuring activities under the business improvement plan. However, the Company recognized a $0.3 million gain on restructuring activities during the three months ended September 30, 2020 as a result of various trailing restructuring expenses and credits. The restructuring reserve was $0.9 million as of September 30, 2020, which primarily relates to the unpaid portion of severance costs.