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...The total expected restructuring costs, the restructuring costs recognized, and the remaining expected restructuring costs related to the 2023 Projects were as follows: In thousands Total Expected Costs at June 30, 2023 Costs Recognized in Prior Periods Costs Recognized During the Six Months Ended June 30, 2023 Expected Remaining Costs...

...The total expected restructuring costs, the restructuring costs recognized, and the remaining expected restructuring costs related to the 2023 Projects were as follows: In thousands Total Expected Costs at June 30, 2023 Costs Recognized in Prior Periods Costs Recognized During the Six Months Ended June 30, 2023 Expected Remaining Costs...

...Restructuring Charges During the three and six month periods ended August 31, 2023, we incurred $3.6 million and $11.0 million, respectively, of pre-tax restructuring costs in connection with Project Pegasus, which were primarily comprised of professional fees. We recognized $4.8 million of pre-tax restructuring costs...

...Restructuring In February 2025, our management approved a new global restructuring program (the “2025 Restructuring Plan”) intended to reduce costs and transform the way we operate. The 2025 Restructuring Plan is expected to result in total pre-tax restructuring charges of approximately $ 85 million by the end of 2027. The...

...Restructuring In February 2025, our management approved a new global restructuring program (the “2025 Restructuring Plan”) intended to reduce costs and transform the way we operate. The 2025 Restructuring Plan is expected to result in total pre-tax restructuring charges of approximately $ 85 million by the end of 2027. The...

...Restructuring Charges Restructuring charges include lease termination costs, non-cash impairment and disposal of long-lived assets, employee severance and benefit costs and legal, professional and other costs related to the Restructuring Plan. See Note 12 to the condensed consolidated financial statements for additional information on the Restructuring Plan. Operating...

...Restructuring and other costs of $7.9 million included restructuring charges of $4.3 million and other costs of $3.6 million for the three months ended June 30, 2022. Restructuring and other costs were primarily due to headcount reductions and facility consolidations resulting from restructuring programs initiated in 2021...

...The Company anticipates substantially completing the 2020 restructuring program in the first quarter of 2023 and expects to incur additional restructuring charges of $ 1.5 million to $ 2.0 million related to the 2020 restructuring program. The following table summarizes restructuring costs associated with the 2020 restructuring program by reportable...

...The Company anticipates substantially completing the 2020 restructuring program in the first quarter of 2023 and expects to incur additional restructuring charges of $ 1.5 million to $ 2.0 million related to the 2020 restructuring program. The following table summarizes restructuring costs associated with the 2020 restructuring program by reportable...

...Restructuring and Impairment Costs Year Ended September 30, (in millions) 2025 Change 2024 Change 2023 Restructuring and impairment costs $ 392 >100% $ 168 >100% $ 40 Restructuring and impairment costs were higher by $224 million during fiscal 2025 due primarily to a $333 million non-cash goodwill impairment charge recorded in the...

...Inventory write offs due to restructuring are reported in Cost of products and all other restructuring charges are reported as Restructuring expenses in the Statements of Income. In the third quarter of 2022, the Company implemented a restructuring plan (the "2022/2023 restructuring plan") to optimize the overall cost structure...

...Inventory write offs due to restructuring are reported in Cost of products and all other restructuring charges are reported as Restructuring expenses in the Statements of Income. In the third quarter of 2022, the Company implemented a restructuring plan (the "2022/2023 restructuring plan") to optimize the overall cost structure...

...Ongoing restructuring plans We have ongoing restructuring programs that include the consolidation of our manufacturing operations (referred to as our 2024 and 2023 Footprint realignment plans) and the 2024 Restructuring plan. The following table provides a summary of the key estimates related to the completion of these programs: 2024 Restructuring...

...Beginning Accrued Restructuring Balance 1/1/21 Pre-tax Restructuring Costs Utilization and Foreign Exchange Ending Accrued Restructuring Balance 3/31/2021 Total 2021 Restructuring Actions $ - $ - $ - $ - 2020 and Prior Restructuring Actions Severance $ 8.9 $ ( 0.3 ) $ ( 3.0 ) $ 5.6 Asset write-downs - - - - Facility closure and other costs 1.7...

...We expect the restructuring implementation to be substantially complete by the quarter ending December 31, 2023. We may incur additional expenses in connection with this restructuring that are not currently contemplated. The charges that we expect to incur in connection with the restructuring are estimates and subject to a number...

...Restructuring Expenses The Company records restructuring expenses when management commits to a restructuring plan, the restructuring plan identifies all significant actions, the period of time to complete the restructuring plan indicates that significant changes to the plan are not likely, and employees who are impacted have been notified. Segment Information...

...RESTRUCTURING COSTS The Company incurs costs associated with restructuring initiatives intended to improve overall operating performance and profitability. The costs related to restructuring actions are generally cash-based and primarily consist of employee-related costs, which include severance and other one-time termination benefits. In addition to the employee-related...

...Beginning Accrued Restructuring Balance 1/1/21 Pre-tax Restructuring Costs Utilization and Foreign Exchange Ending Accrued Restructuring Balance 9/30/2021 2021 Restructuring Actions Severance $ - $ 0.6 $ ( 0.4 ) $ 0.2 Asset write-downs - - - - Facility closure and other costs - 0.1 ( 0.1 ) - Total 2021 Restructuring Actions $ - $ 0.7...

...Restructuring for further information on restructuring charges. NOTE 15. RESTRUCTURING Restructuring charges primarily consist of employee separation benefits under existing severance programs, foreign statutory termination benefits, certain one-time termination benefits, contract termination costs, asset impairment charges and other costs that are associated with restructuring actions. Certain restructuring charges are...

...Restructuring for further information on restructuring charges. NOTE 15. RESTRUCTURING Restructuring charges primarily consist of employee separation benefits under existing severance programs, foreign statutory termination benefits, certain one-time termination benefits, contract termination costs, asset impairment charges and other costs that are associated with restructuring actions. Certain restructuring charges are...