On February 5, 2024, the Company announced its plan to close its Dublin, Georgia manufacturing facility. The closure was completed in the fourth quarter of fiscal year 2024. As a result of the closure the Company incurred cumulative restructuring expense and related costs of $3.0 million as of June 30, 2024. See Note 6, Assets Held For Sale, for more information.


	For the years ended June 30,
(in thousands)	2026		2025		2024
One-time employee termination benefits		—		—		2,558
Fixed asset impairments		—		—		74
Other associated costs		—		—		350
Total restructuring and related expenses	$	—	$	—	$	2,982
Reported as:
Operating expenses	$	—	$	—	$	2,982

One-time employee termination benefits include costs for employee separation benefits.

During the year ended June 30, 2024, the Company recorded one-time employee termination benefits, fixed asset impairment charges and other associated costs related to the Dublin closure. Other associated costs include legal and professional fees, inventory and equipment transfer costs, and other transition costs.

All expenses related to the manufacturing network optimization restructuring plan were incurred and paid during the year ended June 30, 2024.