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Realignment Programs
 3 Months Ended
Mar. 31, 2023
Restructuring and Related Activities [Abstract]  
Realignment Programs Realignment Programs
In the second quarter of 2020, we identified and initiated certain realignment activities to right-size our organizational operations based on the current business environment, with the overall objective to reduce our workforce costs, including manufacturing optimization through the consolidation of certain facilities ("2020 Realignment Program"). As of December 31, 2022 the 2020 Realignment Program was substantially complete with a minimal amount of residual charges to be incurred prospectively.
In the first quarter of 2023, we identified and initiated certain realignment activities concurrent with the consolidation of our aftermarket and pump operations into a single operating model. This consolidated operating model is designed to better align our go to market strategy with our product offerings, enable end-to-end lifecycle responsibility and accountability, and to facilitate more efficient operations. Additionally, we committed to an estimated $50 million in cost reduction efforts to begin in 2023. Collectively, the above realignment activities are referred to as the 2023 Realignment Program. The 2023 Realignment Program activities will be identified and implemented in phases throughout 2023. The realignment activities consist of restructuring and non-restructuring charges. Restructuring charges represent costs associated with the relocation of certain business activities and facility closures and include related severance costs. Non-restructuring charges are primarily employee severance associated with the workforce reductions. Expenses are primarily reported in cost of sales ("COS") or selling, general and administrative ("SG&A"), as applicable, in our consolidated statements of income. We currently anticipate a total investment in realignment activities that have been evaluated and initiated of approximately $25 million. There are certain other realignment activities that are currently being evaluated, but have not yet been initiated and therefore are not included in the above anticipated total investment.
Generally, the aforementioned charges will be paid in cash, except for asset write-downs, which are non-cash charges. The following is a summary of total charges, net of adjustments, incurred related to our Realignment Programs:
Three Months Ended March 31, 2023
 (Amounts in thousands)FPDFCDSubtotal–Reportable SegmentsAll OtherConsolidated Total
Realignment Charges
Restructuring Charges
     COS $(1,012)$— $(1,012)$66 $(946)
     SG&A— 8,905 8,905 — 8,905 
$(1,012)$8,905 $7,893 $66 $7,959 
Non-Restructuring Charges    
     COS$1,402 $11 $1,413 $(265)$1,148 
     SG&A2,050 1 2,051 5,721 7,772 
$3,452 $12 $3,464 $5,456 $8,920 
Total Realignment Charges
     COS $390 $11 $401 $(199)$202 
     SG&A2,050 8,906 10,956 5,721 16,677 
Total$2,440 $8,917 $11,357 $5,522 $16,879 
Three Months Ended March 31, 2022
 (Amounts in thousands)FPDFCDSubtotal–Reportable Segments All OtherConsolidated Total
Realignment Charges
Restructuring Charges
     COS $281 $(5)$276 $— $276 
     SG&A— — — — — 
$281 $(5)$276 $— $276 
Non-Restructuring Charges    
     COS $(364)$(49)$(413)$(61)$(474)
     SG&A75 17 92 (293)(201)
$(289)$(32)$(321)$(354)$(675)
Total Realignment Charges
     COS $(83)$(54)$(137)$(61)$(198)
     SG&A75 17 92 (293)(201)
Total$(8)$(37)$(45)$(354)$(399)
The following is a summary of total inception to date charges, net of adjustments, related to the 2023 Realignment Programs:
Inception to Date
 (Amounts in thousands)FPDFCDSubtotal–Reportable Segments All OtherConsolidated Total
Realignment Charges
Restructuring Charges
     COS $(1,012)$— $(1,012)$66 $(946)
     SG&A— 8,905 8,905 — 8,905 
$(1,012)$8,905 $7,893 $66 $7,959 
Non-Restructuring Charges   
     COS $1,402 $11 $1,413 $(265)$1,148 
     SG&A2,050 1 2,051 5,721 7,772 
$3,452 $12 $3,464 $5,456 $8,920 
Total Realignment Charges
     COS $390 $11 $401 $(199)$202 
     SG&A2,050 8,906 10,956 5,721 16,677 
Total$2,440 $8,917 $11,357 $5,522 $16,879 
Restructuring charges represent costs associated with the relocation or reorganization of certain business activities and facility closures and include costs related to employee severance at closed facilities, contract termination costs, asset write-downs and other costs. Severance costs primarily include costs associated with involuntary termination benefits. Contract termination costs include costs related to the termination of operating leases or other contract termination costs. Asset write-downs include accelerated depreciation of fixed assets, accelerated amortization of intangible assets, divestiture of certain non-strategic assets and inventory write-downs. Other costs generally include costs related to employee relocation, asset relocation, vacant facility costs (i.e., taxes and insurance) and other charges.
The following is a summary of restructuring charges, net of adjustments, for our restructuring activities related to our Realignment Programs:
Three Months Ended March 31, 2023
 (Amounts in thousands)SeveranceContract TerminationAsset Write-Downs (Gains)OtherTotal
     COS $186 $66 $(1,303)$105 $(946)
     SG&A5 — 8,900 — 8,905 
Total$191 $66 $7,597 $105 $7,959 
Three Months Ended March 31, 2022
 (Amounts in thousands)SeveranceContract TerminationAsset Write-Downs (Gains)OtherTotal
     COS $— $— $240 $36 $276 
     SG&A— — — — — 
Total$— $— $240 $36 $276 


The following is a summary of total inception to date restructuring charges, net of adjustments, related to our 2023 Realignment Programs:
Inception to Date
 (Amounts in thousands)SeveranceContract TerminationAsset Write-Downs (Gains)OtherTotal
     COS$186 $66 $(1,303)$105 $(946)
     SG&A5 — 8,900 — 8,905 
Total$191 $66 $7,597 $105 $7,959 
The following represents the activity, primarily severance charges from reductions in force, related to the restructuring reserves for the three months ended March 31, 2023 and 2022:
(Amounts in thousands)20232022
Balance at January 1$965 $4,868 
Charges, net of adjustments362 37 
Cash expenditures(234)(1,260)
Other non-cash adjustments, including currency(55)(64)
Balance at March 31$1,038 $3,581