TERMINATION BENEFITS RELATED TO PRODUCTIVITY AND TRANSFORMATION INITIATIVES

6 Months Ended

Dec. 31, 2021

Restructuring and Related Activities [Abstract]

TERMINATION BENEFITS RELATED TO PRODUCTIVITY AND TRANSFORMATION INITIATIVES

As a part of the ongoing productivity and transformation initiatives related to the Company’s strategic objective to expand profit margins and cash flow, the Company initiated a reduction in workforce at targeted locations in the United States as well as at certain locations internationally. The reduction in workforce associated with these initiatives are expected to result in charges throughout fiscal 2022.

The following table displays the termination benefits and personnel realignment activities and liability balances relating to the reduction in workforce for the period ended as of December 31, 2021:


	Balance at June 30, 2021		Charges (Reversals)		Amounts Paid		Foreign Currency Translation & Other Adjustments		Balance at December 31, 2021
Termination benefits and personnel realignment	$	4,448	$	884	$	(4,005)	$	(21)	$	1,306

The liability balance as of December 31, 2021 and June 30, 2021 is included within Accrued expenses and other current liabilities on the Company’s Consolidated Balance Sheets.