Restructuring Activities Announced June 2016

9 Months Ended

Mar. 31, 2017

Restructuring And Related Activities [Abstract]

Restructuring Activities Announced June 2016

15. Restructuring Activities Announced June 2016

In June 2016, our management approved, committed to and initiated plans to restructure and further improve efficiencies in our operational activities to align the Company’s cost structure consistent with its revenue levels.  Restructuring costs related to the June 2016 restructuring activities were recorded to the restructuring costs line item within our condensed consolidated statements of income.  These costs primarily related to severance costs for a reduction in headcount and facility consolidation and related costs.  The total charges were $11.7 million for severance costs and $2.3 million for lease cancellation and related charges.  The restructuring charges for employee severance and benefits costs and the facility consolidation and related charges actions are complete.  The restructuring liability activities during the nine months ended March 31, 2017 were as follows (in millions):

	Employee Severance			Facility Consolidation
	and Benefits			and Related Charges			Total
Balance as of June 30, 2016	$	6.7		$	-		$	6.7
Additional accruals		5.0			2.3			7.3
Cash payments		(11.6	)		(0.6	)		(12.2	)
Non-cash settlements		-			(0.8	)		(0.8	)
Balance as of March 31, 2017	$	0.1		$	0.9		$	1.0

Since the fourth quarter of our fiscal 2016, we have incurred a total of $7.3 million in restructuring charges.  These charges include $5.0 million related to employee severance and benefits arrangements and $2.3 million in facility consolidation and related charges.