Restructuring Program

3 Months Ended

Sep. 30, 2016

Restructuring And Related Activities [Abstract]

Note 16 – Restructuring Program

Our restructuring program that is designed to improve our global footprint, cost structure, technology portfolio, human resources and internal processes continues. For the three months ended September 30, 2016 and 2015, we continued to refine existing programs and launched significant new programs focused on achieving further productivity improvements to: (i) optimize certain research and development, supply chain and administrative functions; (ii) outsource certain manufacturing capabilities; (iii) divest or sublease facilities no longer needed to support current operations; and (iv) relocate certain functions to best cost countries.

A summary and components of our restructuring initiatives are presented below and include accruals for new programs as well as revisions to estimates, both increases and decreases, to programs accrued in prior periods:

	Severance Related Costs			Third Party Contractor Termination Costs		Facility Closure and Other Related Costs			Asset Impairments⁽¹⁾			Total
Liability, June 30, 2016	$	18,068		$	435	$	5,691		$	-		$	24,194
Expense⁽²⁾		11,451			-		1,123			68			12,642
Accumulated depreciation offset		-			-		-			(68	)		(68	)
Payments		(4,138	)		-		(1,293	)		-			(5,431	)
Foreign currency translation		103			4		1			-			108
Liability, September 30, 2016	$	25,484		$	439	$	5,522		$	-		$	31,445
Liability, June 30, 2015	$	60,789		$	-	$	4,590		$	-		$	65,379
Expense⁽²⁾		(976	)		-		150			2,024			1,198
Accumulated depreciation offset		-			-		-			(2,024	)		(2,024	)
Payments		(10,384	)		-		(649	)		-			(11,033	)
Foreign currency translation		129			-		2			-			131
Liability, September 30, 2015	$	49,558		$	-	$	4,093		$	-		$	53,651

⁽¹⁾	Credits related to restructuring charges for accelerated depreciation and inventory provisions are recorded against the related assets in Property, plant and equipment, net or Inventories in our Condensed Consolidated Balance Sheets and do not impact the restructuring liability.

⁽²⁾	Restructuring expenses noted above are primarily in SG&A in our Condensed Consolidated Statements of Income. Asset impairments which consist of accelerated depreciation and inventory provisions are primarily in Cost of sales in our Condensed Consolidated Statements of Income.

Restructuring liabilities are recorded in Accrued liabilities and Other non-current liabilities in our Condensed Consolidated Balance Sheets.

Restructuring expenses by reporting business segment are presented below:

	Three Months Ended September 30,
	2016		2015
Connected Car	$	1,413	$	(795	)
Lifestyle Audio		2,620		315
Professional Solutions		8,473		(346	)
Connected Services		68		-
Other		-		-
Total		12,574		(826	)
Asset Impairments		68		2,024
Total	$	12,642	$	1,198