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Restructuring Costs
9 Months Ended
Mar. 31, 2019
Restructuring Costs [Abstract]  
Restructuring Costs

In July 2018, we announced the relocation and consolidation of ISP’s New York facility (the “Irvington Facility”) into our existing facilities in Orlando, Florida and Riga, Latvia. We record charges for restructuring and other exit activities related to the closure or relocation of business activities at fair value, when incurred. Such charges include termination benefits, contract termination costs, and costs to consolidate facilities or relocate employees. For the nine months ended March 31, 2019, we recorded approximately $394,000 in expenses related to the relocation of the Irvington Facility. These charges were mostly incurred during the three months ended December 31, 2018, and are included as a component of the “Selling, general and administrative” expenses line item in our unaudited Condensed Consolidated Statement of Comprehensive Income (Loss). We estimate that we will incur an additional $250,000 in expenses through June 30, 2019 related to this facility relocation. We expect the relocation to be substantially completed by that date. As of that date, we will have a remaining lease obligation of up to $433,000, which will be accrued once we have fully vacated the facility.