Restructuring Plan

12 Months Ended

Jun. 30, 2017

Restructuring and Related Activities [Abstract]

Restructuring Plan

Restructuring

During the fourth quarter of fiscal 2017, the Company initiated a plan to close its Manteca, California facility as a result of the acquisition of Delta. The Company incurred $910 of severance and related expenses in conjunction with the elimination of 33 positions primarily in operations related to the planned closure of the facility. Additionally, the Company incurred $1,042 in restructuring expenses related to other various restructuring events during fiscal 2017.

During fiscal 2016, the Company incurred restructuring and other charges of $1,240, primarily related to executive severance and facility consolidation.

During fiscal 2015, the Company incurred restructuring and other charges of $3,175 as the Company completed its acquisition integration plan primarily associated with the Micronetics, Inc. acquisition. Additionally, during the fourth quarter of fiscal 2015, the Company eliminated 16 positions, primarily in operations.

All of the restructuring and other charges are classified as operating expenses in the consolidated statements of operations and any remaining severance obligations are expected to be paid within the next twelve months. The remaining restructuring liability is classified as accrued expenses in the consolidated balance sheets.

The following table presents the detail of expenses for the Company’s restructuring plans:

	Severance & Related			Facilities & Other			Total
Restructuring liability at June 30, 2015	$	657		$	1,335		$	1,992
Restructuring charges	752			589			1,341
Cash paid	(1,118		)	(1,188		)	(2,306		)
Reversals (*)	(101		)	—			(101		)
Restructuring liability at June 30, 2016	190			736			926
Restructuring charges	1,706			253			1,959
Cash paid	(524		)	(989		)	(1,513		)
Reversals (*)	(7		)	—			(7		)
Restructuring liability at June 30, 2017	$	1,365		$	—		$	1,365

(*) Reversals result from the unused outplacement services and operating costs.