Restructuring and Related Costs

6 Months Ended

Mar. 28, 2020

Restructuring and Related Activities [Abstract]

RESTRUCTURING AND RELATED COSTS

Fiscal Year 2020 Restructuring

In the second quarter of fiscal year 2020, we initiated a series of global workforce reductions and facility closures, including the reorganization of our European operations within Test & Simulation intended to increase organizational effectiveness, gain operational efficiencies and provide cost savings that can be reinvested in our growth initiatives. As a result, during the second quarter of fiscal year 2020, we recorded $6,138 of pre-tax severance and related expense. In fiscal years 2020 and 2021, we expect to incur a total of approximately $7,000 to $10,600 of pre-tax severance and related expense and facility closure costs related to these actions. No cash outlay was required in the second quarter of fiscal year 2020. The majority of the expenses are expected to be paid in the first half of fiscal year 2021.

Restructuring expenses included in the Consolidated Statements of Income are as follows:



	Three and Six Months Ended
	March 28, 2020
	Test & Simulation
Cost of sales	$	3,868
General and administrative	2,270
Total restructuring expense	$	6,138

Restructuring expense accruals included in accrued payroll and related costs in the Consolidated Balance Sheets for the above restructuring action are as follows:



	Test & Simulation
Balance, September 28, 2019	$	—
Restructuring expense	6,138
Balance, March 28, 2020	$	6,138