RESTRUCTURING

The Company continues to review its businesses for opportunities to reduce operating expenses and focus on executing its strategy based on core competencies and cost efficiencies.

During the three and nine months ended September 30, 2016, the Company recorded expenses of $0.4 million and $1.6 million, respectively, related to severance costs incurred in connection with a cost reduction plan within the Safety and Security Systems Group. The Company expects to incur up to $1.5 million of additional restructuring charges throughout the remainder of 2016 in completing this plan.

In the nine months ended September 30, 2015, the Company recorded expenses of $0.4 million related to severance costs incurred in connection with the completion of a voluntary reduction-in-force within the Safety and Security Systems Group.

The following tables summarize the changes in the Company’s restructuring reserves, which are included within other current liabilities on the Company’s Consolidated Balance Sheets:



	2016			2015
Balance at January 1	$	—		$	—
Charge to expense	1.2			—
Cash payments	(0.2		)	—
Balance at March 31	$	1.0		$	—
Charge to expense	—			0.4
Cash payments	(0.8		)	(0.1		)
Balance at June 30	$	0.2		$	0.3
Charge to expense	0.4			$	—
Cash payments	(0.2		)	$	(0.2	)
Balance at September 30	$	0.4		$	0.1