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TRANSFORMATION PROGRAM | 6 Months Ended
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Dec. 31, 2023
Restructuring and Related Activities [Abstract] |
TRANSFORMATION PROGRAM | TRANSFORMATION PROGRAM During the first quarter of fiscal year 2024, we initiated a multi-year growth and transformation program (the “Hain Reimagined Program”). The program is intended to optimize the Company’s portfolio, improve underlying profitability and increase its flexibility to invest in targeted growth initiatives, brand building and other capabilities critical to delivering future growth. The savings initiatives are expected to impact the Company’s reportable segments and Corporate and Other. Implementation of the Hain Reimagined Program is expected to be completed by the end of the 2027 fiscal year and is primarily comprised of: contract termination costs, asset write-downs, employee-related costs and other transformation-related expenses. For the three months ended December 31, 2023, expenses associated with the Company’s restructuring program in the amount of $20,666, $6,869, and $3,113, respectively, were recorded in Impairment of long-lived assets, Productivity and transformation costs, and Cost of sales, respectively, on the Consolidated Statements of Operations. For the six months ended December 31, 2023, expenses associated with the Company’s restructuring program in the amount of $20,666, $13,272, and $6,433, respectively, were recorded in Impairment of long-lived assets, Productivity and transformation costs, and Cost of sales, respectively, on the Consolidated Statements of Operations. The table below sets forth expenses associated with the Company’s restructuring program for the three and six months ended December 31, 2023 by reportable segment and Corporate and Other.
| Three Months Ended December 31, 2023 |  | Six Months Ended December 31, 2023 |  |  |
North America | $ | 25,093 |  |  | $ | 28,451 |  |  |  |
Corporate and Other | 5,067 |  |  | 10,837 |  |  |  |
International | 488 |  |  | 1,083 |  |  |  |
| $ | 30,648 |  |  | $ | 40,371 |  |  |  |
The Company expects to pay the remaining accrued restructuring costs during the next 12 months. The following table displays the activities and liability balances relating to the restructuring program for the period ended as of December 31, 2023:
|  |  | Charges |  | Amounts Paid |  | Non-cash settlements/ Adjustments 2 |  |  |  | Balance at December 31, 2023
Employee-related costs 1 |  |  | $ | 3,357 |  |  | $ | (723) |  |  | $ | — |  |  |  |  | $ | 2,634 |
Contract termination costs |  |  | 4,168 |  |  | (4,168) |  |  | — |  |  |  |  | — |
Asset write-downs 2 |  |  | 22,806 |  |  | — |  |  | (22,806) |  |  |  |  | — |
Other transformation-related expenses 3 |  |  | 10,040 |  |  | (8,147) |  |  | — |  |  |  |  | 1,893 |
|  |  | $ | 40,371 |  |  | $ | (13,038) |  |  | $ | (22,806) |  |  |  |  | $ | 4,527 |
1 Employee-related costs include $1,130 severance related to executive officer succession. 2 Represents non-cash asset write-downs including asset impairment and accelerated depreciation. 3 Other transformation-related expenses primarily include consultancy charges.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//420/tableOfContent Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
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