Quarterly report pursuant to Section 13 or 15(d)

Restructuring Charges

v3.20.1
Restructuring Charges
9 Months Ended
Mar. 31, 2020
Restructuring and Related Activities [Abstract]
RESTRUCTURING CHARGES RESTRUCTURING CHARGES
In September 2019, management approved a plan to streamline our organization and business processes that included the reduction of workforce, which is expected to be completed in the second half of our fiscal year 2021, primarily in our PCB, Display and Component Inspection segment, and a potential disposition of our solar energy business in our Other segment. Restructuring charges were $3.7 million and $6.5 million for the three and nine months ended 2020年3月31日 . Proceeds from disposition of our solar energy business are not expected to be material. As of 2020年3月31日 , the accrual for restructuring charges was 520万美元 .
We expect to incur additional restructuring charges, including additional severance costs and other related costs in future periods in connection with the completion of our workforce reduction.
Baidu