Quarterly report [Sections 13 or 15(d)]

Restructuring (Tables)

v3.25.1
Restructuring (Tables)
 6 Months Ended
Mar. 31, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Reserve by Type of Cost
The following table sets forth amounts recognized by the Company in connection with its restructuring programs:

Restructuring amounts by line
item in the Statement of Income (a)
Three Months Ended
March 31,		 Six Months Ended
March 31,
  2025 2024 2025 2024
Cost of sales $ 3,013  $ (475) $ 2,315  $ (2,377)
Selling expense (44) (31) (53) 225 
Administrative expense (498) (316) (957) (631)
Income (loss) before income taxes $ 2,471  $ (822) $ 1,305  $ (2,783)
(a) Positive amounts represent income and negative amounts represent expense.
Restructuring and Related Costs The following table provides a summary of the severance and employee termination restructuring activities for the six-month period ended March 31, 2025.
Severance and Employee Termination Restructuring Activities
Memorialization Industrial Technologies SGK Brand Solutions Corporate/Non-Operating Consolidated
Liability at
September 30, 2024		 $ 181  $ 35,368  $ 1,247  $ 4,226  $ 41,022 
Amounts charged (credited) to expense —  (2,821) 473  (150) (2,498)
Net cash payments (147) (26,791) (553) (3,540) (31,031)
Other adjustments(1)
—  405  (156) (175) 74 
Reclassified to current liabilities held-for-sale —  —  (1,011) —  (1,011)
Liability at
March 31, 2025		 $ 34  $ 6,161  $ —  $ 361  $ 6,556 
Cumulative severance and employee termination costs incurred to date(2)
$ 181  $ 32,789  $ 1,563  $ 4,803  $ 39,336 
(1) Other adjustments primarily reflects reclassifications of certain balance sheet amounts.
(2) Substantially all estimated severance and employee termination costs related to the restructuring programs have been recognized as of March 31, 2025.