Restructuring

9 Months Ended

Jul. 02, 2022

Restructuring and Related Activities [Abstract]

In 2022, we initiated restructuring actions in relation to portfolio shaping activities in our Space and Defense and Industrial Systems segments and for slower than expected commercial aircraft business recovery in our Aircraft Controls segment. These actions have and will result in workforce reductions, principally in the U.S., U.K. and Europe. The 2022 restructuring charge consists of non-cash charges related to an inventory write-down of $1,500, equipment of $946 and severance of $7,423 for businesses we are no longer pursuing. Restructuring activity for severance and other costs by segment and reconciliation to consolidated amounts is as follows:


	Aircraft Controls		Space and Defense Controls		Industrial Systems		Total
Balance at October 2, 2021	$	179	$	—	$	5,486	$	5,665


Charged to expense - 2022 plan	3,996		3,424		2,449		9,869
Non-cash charges - 2022 plan	—		(2,446)		—		(2,446)



Cash payments - 2022 plan	(3,501)		(503)		(377)		(4,381)
Cash payments - 2020 plan	(179)		—		(443)		(622)
Cash payments - 2018 plan	—		—		(285)		(285)
Foreign currency translation	—		—		(35)		(35)
Balance at July 2, 2022	$	495	$	475	$	6,795	$	7,765

As of July 2, 2022, the restructuring accrual consists of $3,028 for the 2022 plan, $2,999 for the 2020 plan and $1,738 for the 2018 plan. Restructuring is expected to be paid within a year, except portions classified as long-term liabilities based on the nature of the reserve.