Restructuring

During the three and six months ended June 30, 2018, the Company recorded $2.0 million and $3.6 million, respectively, of restructuring costs as part of restructuring initiatives that support the implementation of key strategic efforts designed to facilitate long-term, sustainable growth through cost reduction actions, primarily consisting of employee reductions and facility rationalization. The restructuring costs included severance benefits and exit costs which were included in Restructuring expenses in the Condensed Consolidated Statements of Operations. Severance costs primarily consisted of severance benefits through payroll continuation, COBRA subsidies, outplacement services, conditional separation costs and employer tax liabilities, while exit costs primarily consisted of asset disposals or impairments and lease exit and contract termination costs.

Pre-tax restructuring expenses by segment for the three and six months ended June 30, 2018 were as follows:



	Three Months Ended June 30, 2018
	Severance Costs		Exit Costs		Total
Fluid & Metering Technologies	$	208	$	135	$	343
Health & Science Technologies	1,032		91		1,123
Fire & Safety/Diversified Products	267		—		267
Corporate/Other	255		—		255
Total restructuring costs	$	1,762	$	226	$	1,988



	Six Months Ended June 30, 2018
	Severance Costs		Exit Costs		Total
Fluid & Metering Technologies	$	351	$	135	$	486
Health & Science Technologies	1,999		183		2,182
Fire & Safety/Diversified Products	367		—		367
Corporate/Other	595		—		595
Total restructuring costs	$	3,312	$	318	$	3,630

Restructuring accruals of $3.7 million and $4.2 million at June 30, 2018 and December 31, 2017, respectively, are recorded in Accrued expenses on the Condensed Consolidated Balance Sheets. Severance benefits are expected to be paid within the next twelve months using cash from operations. The changes in the restructuring accrual for the six months ended June 30, 2018 are as follows:



	Restructuring
Balance at January 1, 2018	$	4,180
Restructuring expenses	3,630
Payments, utilization and other	(4,108		)
Balance at June 30, 2018	$	3,702