XML 35 R23.htm IDEA: XBRL DOCUMENT v3.19.2
RESTRUCTURING AND OTHER RELATED CHARGES
6 Months Ended
Jun. 30, 2019
RESTRUCTURING AND OTHER RELATED CHARGES [Abstract]  
RESTRUCTURING AND OTHER RELATED CHARGES (CREDITS)
RESTRUCTURING AND OTHER RELATED CHARGES (CREDITS)

Our restructuring and other related charges (credits), net for the three and six months ended June 30, 2019 and 2018 are summarized by program and by segment as follows (in thousands):
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2019
 
2018
 
2019
 
2018
 
(unaudited)
 
(unaudited)
 
(unaudited)
 
(unaudited)
OneTEAM Program
 
 
 
 
 
 
 
Severance and related costs (credits)
 
 
 
 
 
 
 
IHT
$
26

 
$
967

 
$
128

 
$
967

MS
32

 
331

 
117

 
331

Quest Integrity

 
33

 

 
33

Corporate and shared support services
(58
)
 
1,080

 
(37
)
 
1,080

Subtotal

 
2,411

 
208

 
2,411

 
 
 
 
 
 
 
 
Grand Total
$

 
$
2,411

 
$
208

 
$
2,411


OneTEAM Program
In the fourth quarter of 2017, we engaged outside consultants to assess all aspects of our business for improvement and cost saving opportunities. In the first quarter of 2018, we completed the design phase of the project, known as OneTEAM, and entered in the deployment phase starting in the second quarter of 2018. As part of the OneTEAM Program, we decided to eliminate certain employee positions. During the six months ended June 30, 2019, we incurred severance charges of $0.2 million. We have incurred $6.9 million of severance charges cumulatively to date. As the OneTEAM Program continues, we expect some additional employee positions may be identified and impacted, resulting in additional severance costs. We are currently in the second year of this three-year program and expect the program-related expenses to decline through the end of 2020.

A rollforward of our accrued severance liability associated with this program is presented below (in thousands):
 
Six Months Ended
June 30, 2019
 
(unaudited)
Balance, beginning of period
$
2,283

Charges
208

Payments
(1,829
)
Balance, end of period
$
662