XML 30 R20.htm IDEA: XBRL DOCUMENT v3.20.2
Branch Closures and Related Costs
6 Months Ended
Jun. 30, 2020
Restructuring And Related Activities [Abstract]  
Branch Closures and Related Costs

14. BRANCH CLOSURES AND RELATED COSTS

During the second quarter of 2020, the Company announced the closure of its Columbus, OH and Selkirk, NY branches to improve operating results and gain operational efficiency through leverage of workforce, logistics and working capital.  The Company incurred $1.5 million in pre-tax charges for the three month and six month periods ended June 30, 2020, which consisted of $0.7 million for estimated impairment of inventory and inventory transfer costs, $0.2 million of facility exit costs, $0.1 million for employee retention and extension of benefits, and $0.5 million for other branch closure costs. The facility closures are expected to be substantially completed by September 30, 2020.