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Restructuring Charges
6 Months Ended
Jun. 30, 2016
Restructuring and Related Activities [Abstract]  
Restructuring Charges
Restructuring Charges
Closed Restructuring Programs
We have two closed restructuring programs. The first was initiated in 2008 in recognition of a challenging economic environment and was completed in 2011. The second closed restructuring program was initiated following the April 30, 2012 acquisition of RSC Holdings Inc. ("RSC"), and was completed in 2013. The restructuring charges under the closed restructuring programs include severance costs associated with headcount reductions, as well as branch closure charges which principally relate to continuing lease obligations at vacant facilities.
2015-2016 Cost Savings Restructuring Program
In the fourth quarter of 2015, we initiated a restructuring program in response to challenges in our operating environment. In particular, during 2015, we experienced volume and pricing pressure in our general rental business and our Pump Solutions region associated with upstream oil and gas customers. Additionally, our Lean initiatives did not fully generate the anticipated cost savings due to lower than expected growth. Though we expect solid industry growth in 2016 and in the foreseeable future, the restructuring program was initiated in an effort to reduce costs in an environment with continuing pressures on volume and pricing. We expect to complete the restructuring program in 2016. The total costs expected to be incurred in connection with the program are not currently estimable, as we are still identifying the actions that will be undertaken.
The table below provides certain information concerning our restructuring charges for the six months ended June 30, 2016:
 
 
 
Reserve Balance at
 
Charged to
Costs and
Expenses (1)
 
Payments
and Other
 
Reserve Balance at
Description 
 
December 31, 2015
 
 
 
June 30, 2016
Closed Restructuring Programs
 
 
 
 
 
 
 
 
Branch closure charges
 
$
13

 
$
(1
)
 
$
(2
)
 
$
10

Severance costs
 

 

 

 

Total
 
$
13

 
$
(1
)
 
$
(2
)
 
$
10

2015-2016 Cost Savings Restructuring Program
 
 
 
 
 
 
 
 
Branch closure charges
 
$

 
$
3

 
$
(1
)
 
$
2

Severance costs
 
3

 
2

 
(3
)
 
2

Total
 
$
3

 
$
5

 
$
(4
)
 
$
4

Total
 
 
 
 
 
 
 
 
Branch closure charges
 
$
13

 
$
2

 
$
(3
)
 
$
12

Severance costs
 
3

 
2

 
(3
)
 
2

Total
 
$
16

 
$
4

 
$
(6
)
 
$
14

 
_________________
(1)
Reflected in our condensed consolidated statements of income as “Restructuring charge.” These charges are not allocated to our reportable segments.