Restructuring

12 Months Ended

Sep. 30, 2023

Restructuring and Related Activities [Abstract]

Restructuring

9. Restructuring

2023 Cost Savings Plan

In the second and third quarters of 2023, the Company announced cost savings plans to position the Company to meet the needs of their customers and accelerate growth of the business.

The majority of the restructuring expenses for fiscal years 2023, 2022, and 2021 are related to severance and related costs. Additional costs to complete these cost savings plans are expected to approximate $0.6 million. Costs from these actions are expected to be fully realized by the end of calendar 2023.

Restructuring Reserve

	Year Ended September 30,
(In thousands)	2023		2022
Balance at beginning of period	$	462	$	304
Provisions		4,577		712
Payments		(4,028)		(554)
Balance at end of period	$	1,011	$	462

The change in the accrual balance was primarily due to accruals offset by payments related to the separation of personnel due to reorganization and cost reduction efforts.