Note 7 Restructuring

6 Months Ended

Mar. 31, 2018

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

Restructuring

Restructuring Plan - 2018

In the first quarter of 2018, the Company adopted a consolidated restructuring plan to address the closure and/or relocation of three of its manufacturing facilities.

The following table is a summary of restructuring costs associated with this plan:

				Restructuring Expense
	Estimated Costs to Implement			Three Months Ended March 31, 2018			Six Months Ended March 31, 2018
	(In thousands)
Severance costs (approximately 2,900 employees)	$	27,700		$	1,191		$	24,492
Other exit costs (will be recognized as incurred)	7,300			274			274
Total	35,000			1,465			24,766
Severance reimbursement	(10,000		)	(10,000		)	(10,000		)
Total - Q1 FY18 plan	25,000			(8,535		)	14,766
Costs incurred for other plans	—			(56		)	185
Total - all plans	$	25,000		$	(8,591	)	$	14,951

Actions under the consolidated restructuring plan began in the first quarter of 2018 and are expected to occur through calendar 2019. Cash payments of severance and other costs began in the second quarter of 2018 and will occur through the end of calendar 2019. As of March 31, 2018, accrued restructuring costs of $12 million was recorded in accrued liabilities and $9 million was recorded in other long-term liabilities on the condensed consolidated balance sheet. In connection with this plan, the Company entered into a contractual agreement with a third party pursuant to which up to $10.0 million of severance and retention costs incurred by the Company will be reimbursed. The Company recorded this amount as a reduction of restructuring costs in the second quarter of 2018. Of the $25 million expected restructuring costs, $14.6 million is attributable to the Company's IMS segment and $10.4 million is attributable to the Company's CPS segment. Of the $14.8 million of restructuring costs recorded in the first half of 2018, $10.4 million is attributable to the Company's IMS segment and $4.4 million is attributable to the Company's CPS segment.