Quarterly report pursuant to Section 13 or 15(d)

Restructuring

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Restructuring
9 Months Ended
Jun. 30, 2013
Restructuring  
Restructuring

16.       Restructuring

 

During the three months ended June 30, 2013, Hillenbrand incurred $0.8 of restructuring costs ($0.3 at the Process Equipment Group and $0.5 at Batesville).  These costs consisted of $0.6 classified as cost of goods sold and $0.2 classified as operating expenses related to severance and other restructuring costs.  Batesville’s restructuring costs relate to the decision in the second quarter of fiscal year 2013 to discontinue the purchase, sale, and distribution of their vault product line.  Restructuring charges for the nine months ended June 30, 2013, totaled $0.5 at the Process Equipment Group, $2.8 at Batesville and $0.2 at Corporate.  Additional costs of less than $1.0 and remaining payments associated with these restructurings are expected to conclude in fiscal year 2013.