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Business realignment and acquisition integration charges
9 Months Ended
Mar. 31, 2021
Restructuring and Related Activities [Abstract]  
Business realignment and acquisition integration charges Business realignment and acquisition integration charges
We incurred business realignment and acquisition integration charges in the first nine months of fiscal 2021 and 2020. During fiscal 2021, business realignment charges primarily consisted of actions taken to address the impact of COVID-19 on our business. In both fiscal 2021 and 2020, business realignment charges included severance costs related to actions taken under the Company's simplification initiative aimed at reducing organizational and process complexity as well as plant closures. A majority of the business realignment charges were incurred in North America and Europe. We believe the realignment actions will positively impact future results of operations but will not have a material effect on liquidity and sources and uses of capital.
Business realignment charges presented in the Business Segment Information are as follows:
Three Months EndedNine Months Ended
 March 31,March 31,
 2021202020212020
Diversified Industrial$4,139 $12,720 $31,247 $27,112 
Aerospace Systems1,306 613 6,643 658 
Corporate general and administrative expenses156 71 954 193 
Other expense 50 1,226 50 
Workforce reductions in connection with business realignment charges in the Business Segment Information are as follows:
Three Months EndedNine Months Ended
 March 31,March 31,
 2021202020212020
Diversified Industrial65 336 741 1,154 
Aerospace Systems41 34 326 50 
Corporate general and administrative expenses19 
The business realignment charges are presented in the Consolidated Statement of Income as follows:
Three Months EndedNine Months Ended
 March 31,March 31,
 2021202020212020
Cost of sales$3,056 $10,201 $29,389 $21,225 
Selling, general and administrative expenses2,545 3,203 9,455 6,738 
Other (income), net50 1,226 50 
During the first nine months of fiscal 2021, approximately $43 million in payments were made relating to business realignment charges. Remaining payments related to business realignment actions of approximately $19 million, a majority of which are expected to be paid by March 31, 2022, are primarily reflected within the other accrued liabilities caption in the Consolidated Balance Sheet. Additional charges may be recognized in future periods related to the business realignment actions described above, the timing and amount of which are not known at this time.
We also incurred the following acquisition integration charges related to the fiscal 2020 acquisitions of LORD Corporation ("Lord") and Exotic Metals Forming Company ("Exotic"):
Three Months EndedNine Months Ended
 March 31,March 31,
 2021202020212020
Diversified Industrial$2,631 $8,364 $9,495 $18,503 
Aerospace Systems24 486 699 1,570 
These charges are primarily included in selling, general and administrative expenses within the Consolidated Statement of Income.