Restructuring, Merger and Integration Costs

3 Months Ended

Mar. 31, 2018

Central Merger and Restructuring, Merger and Integration Costs

Restructuring, Merger and Integration Costs

The Company incurred certain restructuring, acquisition and integration costs associated with the 2012 Central Parking Merger and through a series of separate workforce reductions and reorganizations. These costs are expensed as incurred and reflected in General and administrative expenses within the Condensed Consolidated Statements of Income; and include the following:


•	Costs (primarily severance and relocation costs) related to a series of Company initiated workforce reductions and operational reorganizations in 2016, 2017 and first quarter 2018 to increase organizational effectiveness and provide cost savings that can be reinvested in the Company's growth initiatives.

An accrual for restructuring, merger and integration costs of $2.7 million ($1.8 million is included in Compensation and payroll withholdings and $0.9 million in Other long-term liabilities within the Condensed Consolidated Balance Sheets) and $2.3 million ($1.8 million is included in Compensation and payroll withholdings and $0.5 million in Other long-term liabilities within the Condensed Consolidated Balance Sheets) as of March 31, 2018 and December 31, 2017, respectively.

The aggregate costs associated with the restructuring, merger and integration costs are summarized in the following table:



	Three Months Ended
(millions) (unaudited)	March 31, 2018		March 31, 2017
General and administrative expenses	$	1.2	$	0.1