Restructuring Charges

3 Months Ended

Mar. 31, 2022

Restructuring Charges

Restructuring Charges

11. Restructuring Charges

In response to the decreased activity level of our customers that resulted from the coronavirus pandemic beginning in the second quarter of 2020, we incurred severance costs of $7.0 million to right-size our business in 2020 and 2021. No additional costs will be incurred under this restructuring plan.

During the third quarter of 2020, a plan to dispose of certain non-core properties was approved by management. We incurred $1.5 million of costs in 2020 and 2021 as a result of these property disposals. No additional costs will be incurred under this restructuring plan.

The severance and property disposal costs incurred under the above restructuring plans were recorded to restructuring charges in our condensed consolidated statements of operations.

The following table presents restructuring charges incurred by segment:

	Contract		Aftermarket
(in thousands)	Operations		Services		Other (1)		Total
Three months ended March 31, 2021
Pandemic restructuring	$	279	$	24	$	585	$	888
2020 Property restructuring		—		—		9		9
Total restructuring charges	$	279	$	24	$	594	$	897

(1) Represents expense incurred within our corporate function and not directly attributable to our segments.

The following table presents restructuring charges incurred by cost type:

	Three Months Ended
(in thousands)	March 31, 2021
Severance costs - pandemic restructuring	$	888
Impairment - 2020 property restructuring		9
Total restructuring charges	$	897