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Restructuring Activities (Tables)
3 Months Ended
Mar. 31, 2016
Restructuring [Abstract]  
Schedule of Restructuring and Related Costs
The following table details restructuring charges incurred by segment for the periods presented:
 
Three Months Ended March 31,
 
2016
 
2015
Energy
$
6,416

 
$
17,822

Engineered Systems
1,967

 
4,355

Fluids
5,226

 
2,097

Refrigeration & Food Equipment
21

 
(282
)
Corporate
757

 
111

Total
$
14,387

 
$
24,103

 
 
 
 
These amounts are classified in the unaudited Condensed Consolidated Statements of Earnings as follows:
 
 
 
 
Cost of goods and services
$
5,851

 
$
7,454

Selling and administrative expenses
8,536

 
16,649

Total
$
14,387

 
$
24,103

Schedule of Restructuring Reserve by Type of Cost
The following table details the Company’s severance and other restructuring accrual activity:
 
Severance
 
Exit
 
Total
Balance at December 31, 2015
$
11,036

 
$
2,955

 
$
13,991

Restructuring charges
10,681

 
3,706

 
14,387

Payments
(8,234
)
 
(1,491
)
 
(9,725
)
Foreign currency translation
121

 
40

 
161

Other, including write-offs of fixed assets and acquired balances
2,458

 
(1,119
)
 
1,339

Balance at March 31, 2016
$
16,062

 
$
4,091

 
$
20,153