Restructuring Costs

12 Months Ended

Sep. 30, 2017

Restructuring and Related Activities [Abstract]

Restructuring Costs

Restructuring Costs

On May 31, 2017, the Company approved the decision to close Alliance as disclosed in the June 1, 2017 Form 8-K, as amended on July 17, 2017. The closure is a result of decreased sales from a key customer, which led to the reduction in sales volumes at this location. This closure falls in line with management's key strategic initiatives to make organizational and operational changes needed to improve profitability. Orders after September 30, 2017 are being processed and manufactured by Cleveland. Alliance manufactured products through September 30, 2017. As a result of the announcement of the decision to close Alliance, $5,048 non-cash costs were incurred, of which $4,786 relates to asset impairment discussed above and $262 of accelerated depreciation of assets due to useful lives been reassessed as of September 30, 2017. The remaining estimated exit costs are to be expensed as incurred, which include workforce reduction costs. Workforce reduction costs incurred at September 30, 2017 were approximately $215, of which a $15 was paid by September 30, 2017 and the remainder is expected to be paid in the first quarter of fiscal 2018.