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Restructuring Activities (Tables)
9 Months Ended
Sep. 30, 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 September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
Energy
$
5,170

 
$
6,183

 
$
17,196

 
$
26,561

Engineered Systems
1,293

 
3,694

 
4,033

 
8,796

Fluids
1,139

 
1,382

 
9,129

 
3,537

Refrigeration & Food Equipment
146

 
91

 
219

 
(434
)
Corporate

 
169

 
757

 
280

Total
$
7,748

 
$
11,519

 
$
31,334

 
$
38,740

 
 
 
 
 
 
 
 
These amounts are classified in the unaudited Condensed Consolidated Statements of Earnings as follows:
 
 
 
 
 
 
 
 
Cost of goods and services
$
2,771

 
$
3,943

 
$
12,951

 
$
13,871

Selling and administrative expenses
4,977

 
7,576

 
18,383

 
24,869

Total
$
7,748

 
$
11,519

 
$
31,334

 
$
38,740

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
23,867

 
7,467

 
31,334

Payments
(25,064
)
 
(4,524
)
 
(29,588
)
Foreign currency translation
101

 
47

 
148

Other, including write-offs of fixed assets and acquired balances
1,929

 
(2,403
)
 
(474
)
Balance at September 30, 2016
$
11,869

 
$
3,542

 
$
15,411