Restructuring Costs (Notes)

3 Months Ended

Sep. 30, 2022

Restructuring and Related Activities [Abstract]

In fiscal 2020, we initiated a business improvement plan to increase profitability and reduce our cost structure in order to help us become more competitive and deliver higher quality service. As a result of specific events, including the effects of the COVID-19 pandemic and related market disruptions, the Company expanded its business improvement plan.

The business improvement plan consists of an initial phase of discretionary cost reductions, workforce reductions, reduction of capital expenditures and the reduction in size or closure of certain offices in order to increase the utilization of our staff and bring the cost structure of the business in line with revenue volumes. In fiscal 2022, we commenced a second phase of our plan to focus on centralization of support functions, including business development, accounting, human resources, procurement and project services into shared service centers. We expect to complete these restructuring efforts in fiscal 2023 or early fiscal 2024. The restructuring costs consist primarily of severance costs, facility closure costs, consulting fees and other liabilities.

Restructuring costs under our business improvement plan are classified as follows:


	Three Months Ended				Since Inception of Business Improvement Plan
	September 30, 2022		September 30, 2021
	(In thousands)
Utility and Power Infrastructure
Severance and other personnel-related costs	$	37	$	9		$	2,621
Facility costs	—		—			348
Other intangible asset impairments	—		—			1,150
Other costs	—		—			1
Total Utility and Power Infrastructure	$	37	$	9		$	4,120
Process and Industrial Facilities
Severance and other personnel-related costs	$	312	$	5		$	9,408
Facility costs	3		—			3,208
Other intangible asset impairments	—		—			375
Other costs	—		2			(1,171)
Total Process and Industrial Facilities	$	315	$	7		$	11,820
Storage and Terminal Solutions
Severance and other personnel-related costs	$	522	$	(33)		$	2,169
Facility costs	—		—			879

Other costs	—		—			28
Total Storage and Terminal Solutions	$	522	$	(33)		$	3,076
Corporate
Severance and other personnel-related costs	$	397	$	44		$	1,984
Facility costs	—		16			98
Other costs	16		562			1,601
Total Corporate	$	413	$	622		$	3,683

Restructuring Costs by Type:
Severance and other personnel-related costs	$	1,268	$	25		$	16,182
Facility costs	3		16			4,533
Other intangible asset impairments	—		—			1,525
Other costs	16		564			459
Total restructuring costs	$	1,287	$	605		$	22,699