Restructuring

12 Months Ended

Jun. 30, 2022

Restructuring and Related Activities [Abstract]

Restructuring

RestructuringIn 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 were 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 included entering into severance and termination agreements with employees, legal fees to execute the reduction in force and costs associated with lease terminations.

There were no restructuring or severance costs incurred during the fiscal years ended June 30, 2022 or 2020. The following table presents the restructuring and severance costs incurred for the fiscal year ended June 30, 2021:

	Fiscal year ended June 30, 2021
	(in thousands)
Severance and benefit costs	$	8,824
Other	434
Total restructuring and other charges	$	9,258

For the fiscal year ended June 30, 2021, all restructuring costs are recognized in the Corporate reporting unit and have not been allocated to the Modern Communications & Cloud or Specialty Technology Solutions segment.

Accrued restructuring and severance costs were included in accrued expenses and other current liabilities on the Condensed Consolidated Balance Sheets. The following table represents activity for the fiscal year ended June 30, 2022:

	Accrued Expenses
	(in thousands)
Balance at July 1, 2021	$	1,199
Charged to expense	—
Cash payments	(1,199)
Balance at June 30, 2022	$	—