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Business realignment and acquisition integration charges
 3 Months Ended
Sep. 30, 2022
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 three months of fiscal 2023 and 2022. In both the first three months of fiscal 2023 and 2022, 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. In fiscal 2023, a majority of the business realignment charges were incurred in Europe. In fiscal 2022, 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 by business segment are as follows:
Three Months Ended
 September 30,
 20222021
Diversified Industrial$2,012 $3,017 
Aerospace Systems1,849 (3)
Workforce reductions in connection with such business realignment charges by business segment are as follows:
Three Months Ended
 September 30,
 20222021
Diversified Industrial51 35 
Aerospace Systems12 — 
The business realignment charges are presented in the Consolidated Statement of Income as follows:
Three Months Ended
 September 30,
 20222021*
Cost of sales$2,499 $187 
Selling, general and administrative expenses1,362 2,827 
*Prior period amounts have been reclassified to reflect the income statement reclassification as described in Note 1.
During the first three months of fiscal 2023, approximately $4 million in payments were made relating to business realignment charges. Remaining payments related to business realignment actions of approximately $7 million, a majority of which are expected to be paid by March 31, 2023, 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:
Three Months Ended
 September 30,
 20222021
Diversified Industrial$186 $1,202 
Aerospace Systems11,805 — 
Charges incurred in fiscal 2023 and 2022 relate to the acquisitions of Meggitt and LORD Corporation, respectively. In both fiscal 2023 and 2022, these charges were primarily included in SG&A within the Consolidated Statement of Income.