Quarterly report pursuant to Section 13 or 15(d)

RESTRUCTURING CHARGES

v3.22.2.2
RESTRUCTURING CHARGES
3 Months Ended
Sep. 30, 2022
Restructuring and Related Activities [Abstract]  
RESTRUCTURING CHARGES RESTRUCTURING CHARGESFrom time to time, management approves restructuring plans including workforce reductions in an effort to streamline operations.Restructuring charges were $16.2 million and $0.5 million for the three months ended September 30, 2022 and 2021, respectively. The fiscal year 2023 charges include one-time transaction bonuses triggered by the sale of Orbograph. As of September 30, 2022 and June 30, 2022, the accrual for restructuring charges was $5.4 million and $2.1 million, respectively.