Restructuring Costs

6 Months Ended

Mar. 31, 2016

Restructuring Costs

Restructuring Costs

Note 14 — Restructuring Costs

In February 2015, we implemented a plan to restructure our defense services and defense systems businesses into a single business called Cubic Global Defense to better align our defense business organizational structure with customer requirements, increase operational efficiencies and improve collaboration and innovation across the Company. The total costs of the restructuring plan are not expected to be significantly greater than the charges incurred to date.  Restructuring charges (reversals) incurred by business segment were as follows (in millions):

	Six Months Ended				Three Months Ended
	March 31,				March 31,
	2016		2015		2016		2015
Restructuring costs (reversals):
Cubic Transportation Systems	$	0.2	$	0.4	$	0.1	$	0.6
Cubic Global Defense Systems		(0.4)		4.2		0.2		4.1
Cubic Global Defense Services		0.1		0.2		—		0.2
Unallocated corporate expenses and other		—		0.5		—		0.5
Total restructuring costs (reversals)	$	(0.1)	$	5.3	$	0.3	$	5.4

The following table presents a rollforward of our restructuring liability as of March 31, 2016, which is included within accrued compensation and other current liabilities within our Condensed Consolidated Balance Sheets (in millions):

	Employee Separation
Liability as of September 30, 2015	$	1.9
Reversal of previously recorded severance liability		(0.4)
Cash payments		(1.0)
Liability as of March 31, 2016	$	0.5

Certain restructuring costs are based upon estimates. Actual amounts paid may ultimately differ from these estimates. If additional costs are incurred or recognized amounts exceed costs, such changes in estimates will be recognized when incurred.