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  "documentTitle": "2024 09 Investor Day",
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      "text": "(f) Environmental charges, including related legal costs, are recorded as SG&A expenses at Corporate and relate to a previously-owned U.S. manufacturing facility.",
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      "text": "(b) The net impairment reversal during fiscal 2022 primarily related to the Company's liquid-cooled automotive business. In connection with the termination of the agreement to sell this business in the third quarter of fiscal 2022, the Company reversed a significant amount of previously-recorded impairment charges within the Performance Technologies segment.",
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      "text": "(d) The Company sold three automotive businesses based in Germany in October 2023. As a result of the sale, the Company recorded a $4.0 million gain on sale at Corporate.",
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      "text": "(c) The Company sold its air-cooled automotive business in Austria in April 2021. As a result of the sale, the Company recorded a $6.6 million loss on sale at Corporate.",
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      "text": "(g) The fiscal 2022 amounts include costs recorded at Corporate associated with the Company's strategic reorganization and automotive exit strategy. During fiscal 2022, the Company recorded SG&A expenses totaling $3.4 million related to recruiting new senior management and the Company's implementation of 80/20. In addition, the Company recorded $2.6 million of costs associated with its review of strategic alternatives for its automotive businesses, including costs to prepare the businesses for sale.",
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      "text": "(a) Restructuring expenses include employee severance-related expenses and equipment transfer costs. The fiscal 2022 and fiscal 2024 restructuring expenses primarily related to severance expenses in Europe within the Performance Technologies segment.",
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      "text": "(e) On March 1, 2024, the Company acquired Scott Springfield Manufacturing... In addition, the adjustment includes $1.6 million, also recorded at Corporate, for the impact of an inventory purchase accounting adjustment.",
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