Quarterly report pursuant to Section 13 or 15(d)

Restructuring

v3.20.1
Restructuring
6 Months Ended
Mar. 31, 2020
Restructuring and Related Activities [Abstract]  
Restructuring
Restructuring
 
The following schedule details the restructuring charges by reportable segment and the classification of those charges in the Consolidated Statements of Operations.
 
Three Months Ended March 31, 2020
 
Three Months Ended March 31, 2019
 
Cost of goods sold
 
Operating expenses
 
Total
 
Cost of goods sold
 
Operating expenses
 
Total
Process Equipment Group
$

 
$
0.3

 
$
0.3

 
$
0.2

 
$

 
$
0.2

Milacron
(0.2
)
 
0.4

 
0.2

 

 

 

Batesville

 
0.1

 
0.1

 
0.1

 
0.4

 
0.5

Corporate

 
0.7

 
0.7

 

 

 

Total
$
(0.2
)
 
$
1.5

 
$
1.3

 
$
0.3

 
$
0.4

 
$
0.7

 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended March 31, 2020
 
Six Months Ended March 31, 2019
 
Cost of goods sold
 
Operating expenses
 
Total
 
Cost of goods sold
 
Operating expenses
 
Total
Process Equipment Group
$
0.7

 
$
1.2

 
$
1.9

 
$
0.4

 
$
0.1

 
$
0.5

Milacron
(0.2
)
 
1.2

 
1.0

 

 

 

Batesville
0.1

 
0.4

 
0.5

 
0.2

 
0.5

 
0.7

Corporate

 
1.0

 
1.0

 

 

 

Total
$
0.6

 
$
3.8

 
$
4.4

 
$
0.6

 
$
0.6

 
$
1.2



The restructuring charges during the three and six months ended March 31, 2020 and 2019 related primarily to severance costs. The severance costs within the Milacron and Corporate reportable segments were primarily related to the ongoing integration of Milacron. At March 31, 2020, $3.4 of restructuring costs were accrued and expected to be paid over the next twelve months.