Restructuring

12 Months Ended

Dec. 31, 2020

Restructuring And Related Activities [Abstract]

Restructuring

17.    RESTRUCTURING

During the second quarter of 2020, the Company announced the planned 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. Some operations of the Selkirk branch were consolidated into the Company’s facility in Newington, CT. The Company recorded a $1.5 million pre-tax charge in the second quarter, 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 following table summarizes the restructuring activity during 2020 (in millions):

	2020 Charge to		Amounts		Reserve at
	Income		Utilized in 2020		December 31, 2020
Retention and benefits continuation costs	$	0.1	$	0.1		—
Facility exit costs		0.2		0.2		—
Inventory impairment and transfer costs		0.7		0.7		—
Other branch closure costs		0.5		0.4		0.1
Total pre-tax restructuring charges	$	1.5	$	1.4	$	0.1