Restructuring

3 Months Ended

Mar. 31, 2020

Restructuring and Related Activities [Abstract]

Restructuring

Restructuring

On an ongoing basis, the Company evaluates its business and objectives to ensure that it is properly configured and sized based on changing market conditions. Accordingly, the Company has implemented several restructuring initiatives, including closure or consolidation of facilities throughout the world and the reorganization of its operating structure.

The Company’s restructuring charges consist of severance, retention and outplacement services, and severance-related postemployment benefits (collectively, “employee separation costs”), other related exit costs and asset impairments related to restructuring activities. Employee separation costs are recorded based on existing union and employee contracts, statutory requirements, completed negotiations and Company policy.

Restructuring expense by segment for the three months ended March 31, 2020 and 2019 was as follows:

	Three Months Ended March 31,
	2020		2019
North America	$	3,703	$	5,208
Europe	2,193		6,103
Asia Pacific	133		2,513
South America	1,202		16
Total Automotive	7,231		13,840
Corporate and other	45		3,875
Total	$	7,276	$	17,715

Restructuring activity for the three months ended March 31, 2020 was as follows:

	Employee Separation Costs			Other Exit Costs			Total
Balance as of December 31, 2019	$	22,990		$	4,005		$	26,995
Expense	4,415			2,861			7,276
Cash payments	(6,362		)	(3,037		)	(9,399		)
Foreign exchange translation and other	(626		)	(38		)	(664		)
Balance as of March 31, 2020	$	20,417		$	3,791		$	24,208