Restructuring expenses

6 Months Ended

Dec. 31, 2016

Restructuring expenses

Restructuring expenses

14. Restructuring expenses

Fiscal 2017

During fiscal 2017, the Company took certain restructuring actions in an effort to reduce future operating expenses. Restructuring expenses are included as a component of restructuring, integration and other expenses in the consolidated statements of operations.  The activity related to the restructuring liabilities from continuing and discontinued operations established during fiscal 2017 is presented in the following table:

			Facility
	Severance		Exit Costs		Other		Total
	(Thousands)
Fiscal 2017 restructuring expenses	$	17,940	$	1,643	$	1,567	$	21,150
Cash payments		(8,557)		(332)		(1,529)		(10,418)
Non-cash amounts		—		—		—		—
Other, principally foreign currency translation		(77)		(3)		—		(80)
Balance at December 31, 2016	$	9,306	$	1,308	$	38	$	10,652

Severance expense recorded in the second quarter of fiscal 2017 related to the reduction, or planned reduction, of over 200 employees, primarily in operations, sales and business support functions. Facility exit costs primarily consist of liabilities for remaining lease obligations for exited facilities. Asset impairments relate to the impairment (if any) of property, plant and equipment as a result of the underlying restructuring activities. Other restructuring costs (if any) related primarily to other miscellaneous restructuring and exit costs. Of the $21.2 million in restructuring expenses recorded during the first six months of fiscal 2017, $9.9 million related to EM,  $6.1 million related to TS (discontinued operations) and $5.2 million related to corporate. The Company expects the majority of the remaining severance and facility exit costs to be paid by the end of fiscal 2017.

Fiscal 2016

During fiscal 2016, the Company incurred restructuring expenses related to various restructuring actions intended to achieve planned synergies from acquired businesses and to reduce future operating expenses. The following table presents the activity during the first six months of fiscal 2017 related to the remaining restructuring liabilities from continuing and discontinued operations established during fiscal 2016:

			Facility
	Severance		Exit Costs		Other		Total
	(Thousands)
Balance at July 2, 2016	$	14,221	$	4,093	$	223	$	18,537
Cash payments		(6,815)		(809)		(52)		(7,676)
Changes in estimates, net		(1,319)		(124)		61		(1,382)
Non-cash amounts		—		—		(60)		(60)
Other, principally foreign currency translation		(185)		(83)		(60)		(328)
Balance at December 31, 2016	$	5,902	$	3,077	$	112	$	9,091

As of December 31, 2016, the Company expects the majority of the remaining severance and facility exit cost liabilities to be paid by the end of fiscal 2017.

Fiscal 2015 and prior

As of July 2, 2016, there were $7.5 million of restructuring liabilities remaining related to restructuring actions from continuing and discontinued operations taken in fiscal years 2015 and prior, the majority of which relates to facility exit costs. The remaining balance for such historical restructuring actions as of December 31, 2016, was $5.3 million, which is expected to be paid by the end of fiscal 2017.