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Business realignment and acquisition integration charges
6 Months Ended
Dec. 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 six months of fiscal 2022 and 2021. In both the first six months of fiscal 2022 and 2021, 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. During fiscal 2021, business realignment charges primarily consisted of actions taken to address the impact of COVID-19 on our business. 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 EndedSix Months Ended
 December 31,December 31,
 2021202020212020
Diversified Industrial$3,047 $16,536 $6,064 $27,108 
Aerospace Systems598 1,386 595 5,337 
Corporate general and administrative expenses— 184 — 798 
Other expense — 661 — 1,225 
Workforce reductions in connection with business realignment charges in the Business Segment Information are as follows:
Three Months EndedSix Months Ended
 December 31,December 31,
 2021202020212020
Diversified Industrial48 292 83 676 
Aerospace Systems45 285 
Corporate general and administrative expenses— — 18 
The business realignment charges are presented in the Consolidated Statement of Income as follows:
Three Months EndedSix Months Ended
 December 31,December 31,
 2021202020212020
Cost of sales$1,710 $14,183 $2,711 $26,333 
Selling, general and administrative expenses1,935 3,923 3,948 6,910 
Other expense (income), net— 661 — 1,225 
During the first six months of fiscal 2022, approximately $13 million in payments were made relating to business realignment charges. Remaining payments related to business realignment actions of approximately $8 million, a majority of which are expected to be paid by June 30, 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 EndedSix Months Ended
 December 31,December 31,
 2021202020212020
Diversified Industrial$807 $3,249 $2,009 $6,864 
Aerospace Systems— 343 — 675 
In the first six months of fiscal 2022, these charges were evenly split between cost of sales and selling, general and administrative expenses within the Consolidated Statement of Income. In fiscal 2021, these charges were primarily included in selling, general and administrative expenses within the Consolidated Statement of Income.