|
Restructuring
|
6 Months Ended |
|---|---|
|
Mar. 31, 2014
|
|
| Restructuring | |
| Restructuring |
17. Restructuring
During the three months ended March 31, 2014, Hillenbrand incurred $1.0 of restructuring costs ($0.1 expense at the Process Equipment Group, $0.3 gain at Batesville, and $1.2 expense at Corporate). These items were classified on the income statement as follows: $0.2 reduction of cost of goods sold and $1.2 increase to operating expenses. The $0.3 gain at Batesville was related to a $0.5 gain from the sale of real estate related to a restructuring event, offset in part by expenses. Corporate restructuring charges of $1.2 were related to the realignment of our executive management team. Restructuring charges for the six months ended March 31, 2014 totaled $1.3 ($0.3 at the Process Equipment Group, $0.2 gain at Batesville, and $1.2 expense at Corporate) and were classified on the income statement as follows: $0.1 reduction of cost of goods sold and $1.4 increase to operating expenses. Additional charges of less than $1.0 related to these restructurings are expected to be incurred in 2014. |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|