Restructuring and Related Charges

3 Months Ended

Dec. 31, 2021

Restructuring and Related Activities [Abstract]

Restructuring and Related Charges

To better align its resources with its growth strategies and reduce its cost structure, the Company commits to various restructuring plans as necessary. The Company has undertaken various restructuring initiatives, including undertaking activities to reduce the cost structure and rationalize location footprint following the sale of the Memcor product line, transitioning from a three-segment structure to a two-segment operating model designed to better serve the needs of customers worldwide, and various initiatives within the Integrated Solutions and Services segment to drive efficiency and effectiveness in certain divisions.

The Company currently expects to incur in future periods approximately $600 to $2,000 of costs related to restructuring programs initiated in prior periods.

The table below sets forth the amounts accrued for the restructuring components and related activity:


	Three Months Ended December 31,
	2021		2020
Balance at beginning of the period	$	304	$	970
Restructuring charges following the sale of the Memcor product line	207		908
Restructuring charges related to two-segment realignment	164		238
Restructuring charges related to other initiatives	766		29
Release of prior reserves	(21)		(9)
Write off charges	—		(121)
Cash payments	(1,138)		(986)
Other adjustments	—		92
Balance at end of the period	$	282	$	1,121

The balances for accrued restructuring liabilities at December 31, 2021 and September 30, 2021, are recorded in Accrued expenses and other liabilities on the Consolidated Balance Sheets. Restructuring charges primarily represent severance charges and other employee costs, fixed asset write-offs, and certain relocation expenses. The Company expects to pay the remaining amounts accrued as of December 31, 2021 during the remainder of fiscal 2022.

The table below sets forth the location of amounts recorded above on the Unaudited Consolidated Statements of Operations:


	Three Months Ended December 31,
	2021		2020
Cost of product sales and services	$	222	$	826
General and administrative expense	894		138
Sales and marketing expense	—		218
Research and development expense	—		(16)

	$	1,116	$	1,166

The Company continues to evaluate restructuring activities that may result in additional charges in the future.