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Impairment and Restructuring
9 Months Ended
Jun. 30, 2014
Impairment and Restructuring [Abstract]  
Restructuring, Impairment, and Other Activities Disclosure
17. IMPAIRMENT AND RESTRUCTURING


 
 
Third Quarters
  
Nine Months
 
Periods Ended June 30,
 
2014
  
2013
  
2014
  
2013
 
Impairment - Alabama
 
$
-
  
$
-
  
$
1.3
  
$
1.6
 
Business realignment
  
-
   
-
   
16.5
   
-
 
Impairment - UK building held for sale
  
-
   
1.5
   
-
   
1.5
 
Total
 
$
-
  
$
1.5
  
$
17.8
  
$
3.1
 

Impairment - Alabama

IGT machines ceased to be operated at the VictoryLand, Country Crossing and Greentrack facilities in 2010, as a result of challenges related to the legality of electronic charitable bingo in Alabama.  Impairment has been recognized each year since, as the prospects of collecting our Alabama development financing declined with deteriorating market conditions and the decreasing value of associated property collateral.  Fair value of the collateral was determined using expected cash flows discounted at risk-based market rates. The net carrying amount of the remaining Alabama note receivable increased to $18.7 million during the quarter ended June 30, 2014 related to the payment of the collateral's property taxes.

Business Realignment

To address the recent challenges facing the gaming industry, in March 2014 cost-saving measures were completed under a plan to realign our operating structure. Under this business realignment, we reduced our global workforce by 7% and recorded charges of $16.5 million, including $7.7 million for the impairment of abandoned software. No further charges related to this business realignment are expected.

Restructuring Charges And Liability Through June 30, 2014
  
 
 
 
North America
  
International
  
Consolidated
 
Severance (cash)
 
$
6.0
  
$
2.8
  
$
8.8
 
Impairment (non-cash)
  
7.0
   
0.7
   
7.7
 
Total restructuring charges
 
$
13.0
  
$
3.5
  
$
16.5
 
 
            
Severance accrued
         
$
8.8
 
Payments
          
(8.5
)
Remaining restructuring liability (expected to be paid within three months)
         
$
0.3