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Restructuring, Impairment and Other Charges
 9 Months Ended
Sep. 30, 2018
Restructuring And Related Activities [Abstract]  
Restructuring, Impairment and Other Charges

Note 8. Restructuring, Impairment and Other Charges

Restructuring, Impairment and Other Charges recognized in Results of Operations

For the three months ended September 30, 2018 and 2017, the Company recorded the following net restructuring, impairment and other charges:

 

Three Months Ended

 

Employee

 

 

Other

Restructuring

 

 

Total

Restructuring

 

 

 

 

 

September 30, 2018

 

Terminations

 

 

Charges

 

 

Charges

 

 

Total

 

U.S.

 

$

0.6

 

 

$

—

 

 

$

0.6

 

 

$

0.6

 

International

 

 

0.1

 

 

 

—

 

 

 

0.1

 

 

 

0.1

 

Corporate

 

 

0.1

 

 

 

—

 

 

 

0.1

 

 

 

0.1

 

Total

 

$

0.8

 

 

$

—

 

 

$

0.8

 

 

$

0.8

 

 

Three Months Ended

 

Employee

 

 

Other

Restructuring

 

 

Total

Restructuring

 

 

 

 

 

September 30, 2017

 

Terminations

 

 

Charges

 

 

Charges

 

 

Total

 

U.S.

 

$

0.2

 

 

$

(1.0

)

 

$

(0.8

)

 

$

(0.8

)

International

 

 

0.1

 

 

 

—

 

 

 

0.1

 

 

 

0.1

 

Corporate

 

 

0.1

 

 

 

—

 

 

 

0.1

 

 

 

0.1

 

Total

 

$

0.4

 

 

$

(1.0

)

 

$

(0.6

)

 

$

(0.6

)

 

For the nine months ended September 30, 2018 and 2017, the Company recorded the following net restructuring, impairment and other charges:

 

Nine Months Ended

 

Employee

 

 

Other

Restructuring

 

 

Total

Restructuring

 

 

Other

 

 

 

 

 

September 30, 2018

 

Terminations

 

 

Charges

 

 

Charges

 

 

Charges

 

 

Total

 

U.S.

 

$

1.1

 

 

$

0.7

 

 

$

1.8

 

 

$

0.1

 

 

$

1.9

 

International

 

 

1.9

 

 

 

—

 

 

 

1.9

 

 

 

—

 

 

 

1.9

 

Corporate

 

 

0.3

 

 

 

—

 

 

 

0.3

 

 

 

—

 

 

 

0.3

 

Total

 

$

3.3

 

 

$

0.7

 

 

$

4.0

 

 

$

0.1

 

 

$

4.1

 

 

Nine Months Ended

 

Employee

 

 

Other

Restructuring

 

 

Total

Restructuring

 

 

 

 

 

 

Other

 

 

 

 

 

September 30, 2017

 

Terminations

 

 

Charges

 

 

Charges

 

 

Impairment

 

 

Charges

 

 

Total

 

U.S.

 

$

3.2

 

 

$

0.9

 

 

$

4.1

 

 

$

0.2

 

 

$

0.1

 

 

$

4.4

 

International

 

 

1.3

 

 

 

—

 

 

 

1.3

 

 

 

—

 

 

 

—

 

 

 

1.3

 

Corporate

 

 

0.7

 

 

 

—

 

 

 

0.7

 

 

 

—

 

 

 

—

 

 

 

0.7

 

Total

 

$

5.2

 

 

$

0.9

 

 

$

6.1

 

 

$

0.2

 

 

$

0.1

 

 

$

6.4

 

Restructuring and Impairment Charges

For the three and nine months ended September 30, 2018, the Company recorded net restructuring charges of $0.8 million and $3.3 million, respectively, for employee termination costs for 76 employees, substantially all of whom were terminated as of September 30, 2018. These charges primarily related to the reorganization of certain operations. Additionally, the Company incurred net lease termination and other restructuring charges of $0.7 million for the nine months ended September 30, 2018.  

For the three and nine months ended September 30, 2017, the Company recorded net restructuring charges of $0.4 million and $5.2 million, respectively, for employee termination costs for 169 employees, all of whom were terminated as of September 30, 2018. These charges primarily related to the reorganization of certain operations and certain administrative functions. Additionally, the Company recognized a net reversal of $1.0 million of other restructuring charges during the three months ended September 30, 2017, primarily due to the reversal of previously recognized lease termination costs associated with a facility that the Company began using during the third quarter of 2017. The Company incurred net lease termination and other restructuring charges of $0.9 million for the nine months ended September 30, 2017.  For the nine months ended September 30, 2017, the Company also recorded $0.2 million of net impairment charges primarily related to leasehold improvements associated with facility closures. The nine months ended September 30, 2017 includes $0.1 million for other charges associated with the Company’s decision to withdraw in 2013 from certain multi-employer pension plans serving facilities that continued to operate.

Restructuring Reserve

The restructuring reserve as of December 31, 2017 and September 30, 2018, and changes during the nine months ended September 30, 2018, were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

Restructuring

 

 

 

 

 

 

Cash

 

 

September 30,

 

 

2017

 

 

Charges

 

 

Reversals

 

 

Paid

 

 

2018

 

Employee terminations

$

1.3

 

 

$

3.5

 

 

$

(0.2

)

 

$

(3.3

)

 

$

1.3

 

Lease terminations and other

 

2.1

 

 

 

0.7

 

 

 

—

 

 

 

(1.3

)

 

 

1.5

 

Total

$

3.4

 

 

$

4.2

 

 

$

(0.2

)

 

$

(4.6

)

 

$

2.8

 

 

The current portion of restructuring reserves of $2.3 million at September 30, 2018 was included in accrued liabilities, while the long-term portion of $0.5 million, primarily related to lease termination costs, was included in other noncurrent liabilities at September 30, 2018.

The Company anticipates that payments associated with the employee terminations reflected in the table above will be substantially completed by December 31, 2018.

The restructuring liabilities classified as “lease terminations and other” consisted of lease terminations, other facility closing costs and contract termination costs. Payments on certain of the lease obligations are scheduled to continue until 2021. Market conditions and the Company’s ability to sublease these properties could affect the ultimate charges related to the lease obligations. Any potential recoveries or additional charges could affect amounts reported in the Company’s financial statements.