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Restructuring (Notes)
 12 Months Ended
Dec. 31, 2014
Restructuring and Related Activities [Abstract]  
Restructuring
RESTRUCTURING
On July 15, 2014, the Company announced that a rigorous evaluation of the Company-operated store portfolio had been performed. As a result of this evaluation and other cost-reduction initiatives, during the year ended December 31, 2014, the Company closed 44 underperforming Company-operated stores and restructured its home office and field support to more closely align with current business conditions. The restructuring was completed during the third quarter of 2014 and total restructuring charges of $9.1 million were recorded during the year ended December 31, 2014, principally comprised of $4.8 million related to contractual lease obligations, $3.3 million related to the write-off and impairment of property, plant and equipment and $620,000 related to workforce reductions. These costs were included in the line item “Restructuring Expenses” in the consolidated statements of earnings.
Total restructuring charges of $4.8 million have been included in the Sales and Lease Ownership segment results and total restructuring charges of $4.3 million have been included in the Other segment results. The Company does not currently anticipate any remaining costs related to this restructuring plan to be material.
The following table summarizes the balances and activity related to the restructuring charges for the year ended December 31, 2014:
(In Thousands)
Contractual Obligations Under Canceled Leases
Severance
Fixed Assets
Other
Total
Balance at January 1, 2014
$
—

$
—

$
—

$
—

$
—

Restructuring Expenses
4,797

620

3,328

395

9,140

Payments
(1,570
)
(620
)
—

—

(2,190
)
Impairment and Assets Written Off
—

—

(3,328
)
(395
)
(3,723
)
Balance at December 31, 2014
$
3,227

$
—

$
—

$
—

$
3,227