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Restructuring (Tables)
12 Months Ended
Dec. 31, 2019
Restructuring and Related Activities [Abstract]  
Schedule of Pre-Tax Restructuring Expenses By Segment
Pre-tax restructuring expenses by segment for the 2017 initiative were as follows:
 
Severance Costs
 
Exit Costs
 
Total Restructuring Costs
 
(In thousands)
Fluid & Metering Technologies
$
1,375

 
$
433

 
$
1,808

Health & Science Technologies
1,510

 
158

 
1,668

Fire & Safety/Diversified Products
182

 

 
182

Corporate/Other

 

 

Total restructuring costs
$
3,067

 
$
591

 
$
3,658


Pre-tax restructuring expenses by segment for the 2019 initiative were as follows:
 
Severance
Costs
 
Exit Costs
 
Asset Impairment
 
Total Restructuring Costs
 
(In thousands)
Fluid & Metering Technologies
$
2,879

 
$

 
$

 
$
2,879

Health & Science Technologies
3,000

 
1,094

 
10,155

 
14,249

Fire & Safety/Diversified Products
1,364

 

 

 
1,364

Corporate/Other
2,552

 

 

 
2,552

Total restructuring costs
$
9,795

 
$
1,094

 
$
10,155

 
$
21,044


Pre-tax restructuring expenses by segment for the 2018 initiative were as follows:
 
Severance Costs
 
Exit Costs
 
Total Restructuring Costs
 
(In thousands)
Fluid & Metering Technologies
$
2,305

 
$
153

 
$
2,458

Health & Science Technologies
5,454

 
450

 
5,904

Fire & Safety/Diversified Products
2,184

 

 
2,184

Corporate/Other
1,537

 

 
1,537

Total restructuring costs
$
11,480

 
$
603

 
$
12,083


Schedule of Restructuring Accruals Expenses
Restructuring accruals of $6.1 million and $6.2 million at December 31, 2019 and 2018, respectively, are reflected in Accrued expenses in our Consolidated Balance Sheets as follows:
 
Restructuring
Initiatives
 
(In thousands)
Balance at January 1, 2018
$
4,180

Restructuring expenses
12,083

Payments, utilization and other
(10,093
)
Balance at December 31, 2018
6,170

Restructuring expenses
21,044

Payments, utilization and other
(21,104
)
Balance at December 31, 2019
$
6,110