Restructuring

3 Months Ended

Sep. 30, 2020

Restructuring and Related Activities [Abstract]

In July 2020, as part of a strategic review of organizational structure and operations, the Company announced a global cost reduction and restructuring program. These actions are designed to better align the cost structure for the wholesale distribution business with lower sales volumes as a result of the COVID-19 pandemic. The Company also initiated the closure of its Canpango business, its salesforce implementation and consulting business. There has been limited adoption by the Company's partner community of the services Canpango offers. These actions include entering into severance and termination agreements with employees, legal fees to execute the reduction in force and costs associated with lease terminations.

The following table presents the restructuring and severance costs incurred for the quarter ended September 30, 2020:


	Total
	(in thousands)
Severance and benefit costs	$	8,111
Other	157
Total restructuring and other charges	$	8,268

For the quarter ended September 30, 2020, all restructuring costs are recognized in the Corporate reporting unit and have not been allocated to the Worldwide Communications & Services or Worldwide Barcode, Networking & Security segment. The Company incurred restructuring charges in the prior year that were immaterial to the condensed consolidated financial statements and unrelated to the program described above.

Accrued restructuring and severance costs are included in accrued expenses and other current liabilities on the Condensed Consolidated Balance Sheets. The following table represents activity for the quarter ended September 30, 2020:


	Accrued Expenses
	(in thousands)
Balance at July 1, 2020	$	—
Charged to expense	8,268
Cash payments	(1,436)
Balance at September 30, 2020	$	6,832

The remaining balance as of September 30, 2020 of $6.8 million, primarily related to Corporate, is expected to be paid through the first quarter of fiscal year 2022.