Restructuring and Impairment Charges

12 Months Ended

Sep. 30, 2022

Restructuring and Related Activities [Abstract]

There were no restructuring and impairment charges incurred during fiscal 2022.

During fiscal 2021, we incurred restructuring charges of $8.0 million in employee separation costs due to the elimination of 160 positions throughout the Company. Cash payments for all the employee separation costs were fully paid before the end of our fiscal 2022. There were no impairment charges incurred during fiscal 2021.

During fiscal 2020, we incurred net charges totaling $45.0 million consisting of $28.0 million in impairment loss on operating lease assets, $5.2 million in impairment loss on disposals of property and equipment and $11.8 million in restructuring charges. The impairment losses were associated with closing certain non-core offices and reducing office space in other locations to better align with anticipated needs in light of post-pandemic workforce patterns. The restructuring charges related to employee separation costs as a result of eliminating 209 positions throughout the Company. Cash payments for all those employee separation costs were fully paid before the end of our fiscal 2021.

The following tables summarize our restructuring accruals for employee separation. At September 30, 2021, the balance was classified as current liabilities and recorded in other accrued liabilities within the accompanying consolidated balance sheets.


	Year Ended September 30,
	2022		2021
	(In thousands)
Restructuring accrual, beginning balance	$	7,856	$	8,191
Expense additions	—		7,956
Cash payments	(7,856)		(8,291)
Restructuring accrual, ending balance	$	—	$	7,856