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Restructuring Activities
 9 Months Ended
Dec. 31, 2018
Restructuring Activities [Abstract]  
Restructuring Activities
Note 6: Restructuring Activities

Restructuring and repositioning expenses for the first nine months of fiscal 2019 primarily resulted from restructuring activities within the VTS and CIS segments, including targeted headcount reductions.

During fiscal 2018, the Company ceased production at its Gailtal, Austria manufacturing facility, primarily to reduce excess capacity and lower manufacturing costs in Europe.  As a result of this facility closure, the Company recorded $8.2 million of restructuring expenses and a $1.3 million asset impairment charge during the third quarter of fiscal 2018 within the CIS segment.  Fiscal 2018 restructuring activities also included plant consolidation activities, targeted headcount reductions, and certain product line transfers in Europe within the VTS segment.

During the third quarter of fiscal 2019, the Company recorded an additional $0.4 million asset impairment charge related to the closed CIS Austrian facility to reduce its carrying value to its current estimated fair value, less costs to sell.

Restructuring and repositioning expenses were as follows:

  
Three months ended
December 31,
  
Nine months ended
December 31,
 
  
2018
  
2017
  
2018
  
2017
 
Employee severance and related benefits
 
$
0.2
  
$
8.6
  
$
0.3
  
$
9.2
 
Other restructuring and repositioning expenses
  
0.3
   
0.8
   
0.4
   
2.3
 
Total
 
$
0.5
  
$
9.4
  
$
0.7
  
$
11.5
 

Other restructuring and repositioning expenses primarily consist of equipment transfers and plant consolidation costs.

The Company accrues severance in accordance with its written plans, procedures, and relevant statutory requirements. Changes in accrued severance were as follows:

  
Three months ended December 31,
 
  
2018
  
2017
 
Beginning balance
 
$
3.4
  
$
3.0
 
Additions
  
0.2
   
8.6
 
Payments
  
(0.9
)
  
(0.6
)
Effect of exchange rate changes
  
(0.1
)
  
0.2
 
Ending balance
 
$
2.6
  
$
11.2
 

  
Nine months ended December 31,
 
  
2018
  
2017
 
Beginning balance
 
$
11.0
  
$
6.5
 
Additions
  
0.3
   
9.2
 
Payments
  
(8.1
)
  
(5.1
)
Effect of exchange rate changes
  
(0.6
)
  
0.6
 
Ending balance
 
$
2.6
  
$
11.2