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Restructuring Costs (Notes)
6 Months Ended
Dec. 31, 2022
Restructuring and Related Activities [Abstract]  
Restructuring Costs Restructuring Costs
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. During the second quarter of fiscal 2023, we closed an underperforming office and ceased its associated operations, which resulted in $0.7 million of restructuring costs. We expect to complete these restructuring efforts in fiscal 2023 or early fiscal 2024. The restructuring costs consist primarily of severance costs, facility closure costs, consulting fees and other liabilities.
Restructuring costs under our business improvement plan are classified as follows:
Three Months EndedSix Months EndedSince Inception of Business Improvement Plan
December 31, 2022December 31, 2021December 31, 2022December 31, 2021
(In thousands)
Utility and Power Infrastructure
Severance and other personnel-related costs$— $36 $37 $45 $2,621 
Facility costs— — — — 348 
Other intangible asset impairments— — — — 1,150 
Other costs— — 
Total Utility and Power Infrastructure$— $37 $37 $46 $4,120 
Process and Industrial Facilities
Severance and other personnel-related costs$354 $(27)$666 $(22)$9,762 
Facility costs— 3,208 
Other intangible asset impairments— — — — 375 
Other costs28 28 (1,143)
Total Process and Industrial Facilities$382 $(24)$696 $(17)$12,202 
Storage and Terminal Solutions
Severance and other personnel-related costs$379 $102 $902 $69 $2,548 
Facility costs— — — — 879 
Other costs32 
Total Storage and Terminal Solutions$383 $107 $906 $74 $3,459 
Corporate
Severance and other personnel-related costs$311 $— $708 $44 $2,295 
Facility costs126 — 126 16 224 
Other costs76 575 92 1,137 1,677 
Total Corporate$513 $575 $926 $1,197 $4,196 
Restructuring Costs by Type:
Severance and other personnel-related costs$1,044 $111 $2,313 $136 $17,226 
Facility costs126 128 17 4,659 
Other intangible asset impairments— — — — 1,525 
Other costs108 583 124 1,147 567 
Total restructuring costs$1,278 $695 $2,565 $1,300 $23,977