Restructuring

9 Months Ended

Jul. 01, 2023

Restructuring and Related Activities [Abstract]

In 2023, we initiated restructuring actions in relation to portfolio shaping activities that have and will result in workforce reductions in which a total of $1,696 for severance has been recorded.

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 1, 2022	$	229	$	228	$	6,678	$	7,135

Charged to expense - 2023 plan	275		734		687		1,696
Charged to expense - 2022 plan	—		226		2,815		3,041
Adjustments to provision	(16)		—		36		20
Cash payments - 2023 plan	—		(267)		(166)		(433)
Cash payments - 2022 plan	(213)		(454)		(968)		(1,635)
Cash payments - 2020 plan	—		—		(244)		(244)
Cash payments - 2018 plan	—		—		(717)		(717)
Foreign currency translation	—		—		365		365
Balance at July 1, 2023	$	275	$	467	$	8,486	$	9,228

As of July 1, 2023, the restructuring accrual consists of $1,345 for the 2023 plan, $4,032 for the 2022 plan, $2,604 for the 2020 plan and $1,247 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.