Restructuring and Other Charges

3 Months Ended

Dec. 31, 2016

Restructuring and Related Activities [Abstract]

On September 21, 2016, the Company committed to transition its access equipment aftermarket parts distribution network to a third party logistics company. Concurrent with this decision, the Company's access equipment segment committed to cease operations at its Orrville, Ohio parts distribution center by August 1, 2017. This initiative is intended to improve customer service levels, increase operational efficiency and allow the Company to reallocate resources to invest in future growth. With the Company's announced intent to outsource its aftermarket parts distribution to a third party, the Company abandoned an information system which was developed to support aftermarket parts distribution and recognized a pre-tax impairment charge of $26.9 million in the fourth quarter of fiscal 2016. The Company expects to incur cash charges related to severance costs and other employment-related benefits of approximately $3.0 million related to this decision, of which $0.7 million were incurred in the three months ended December 31, 2016.

The commercial segment recognized $0.4 million of restructuring costs for the three months ended December 31, 2016. The costs incurred were associated with a reduction in workforce that is expected to better align its cost structure for long term success.

Pre-tax restructuring charges for the three months ended December 31, 2016 were as follows (in millions):



	Cost of Sales		Selling, General and Administrative Expenses		Total
Access equipment	$	0.7	$	—	$	0.7
Commercial	—		0.4		0.4
Total	$	0.7	$	0.4	$	1.1

Changes in the Company's restructuring reserves, included within "Other current liabilities" in the Condensed Consolidated Balance Sheets, were as follows (in millions):



	Employee Severance and Termination Benefits
Balance at September 30, 2016	$	0.9
Restructuring provision	1.1
Utilized - cash	(0.3		)
Balance as of December 31, 2016	$	1.7