OTHER ITEMS IMPACTING COMPARABILITY

3 Months Ended

Mar. 31, 2019

Other Income and Expenses [Abstract]

Our primary measure of segment performance as shown in Note 17, "Segment Reporting," excludes certain items we do not believe are representative of the ongoing operations of the segment. Excluding these items from our segment measure of performance allows for better year over year comparison:



	Three months ended March 31,
	2019		2018
	(In thousands)
Restructuring and other, net	$	2,588	(392	)
ERP implementation	3,590		—
Goodwill impairment	—		15,513
Restructuring and other items, net	$	6,178	15,121

During the three months ended March 31, 2019 and 2018, the below items were recorded in "Restructuring and other, net":

•

In the first quarter of 2019, we recorded $2.6 million of net charges primarily related to consulting fees related to cost savings initiatives, professional fees related to the pursuit of a commercial claim, and income from our Singapore operations that will be shut down in the second quarter of 2019. These items were reflected within "Restructuring and other items, net" in our Consolidated Condensed Statements of Earnings.

•

In the first quarter of 2018, we recorded $0.4 million of net benefit primarily related to an adjustment to the one-time Tax Reform-related employee bonus accrued as of December 31, 2017, income from our Singapore operations that will be shut down in the second quarter of 2019, offset by charges related to professional fees, adjustments to the restructuring accrual recorded as of December 31, 2017 and acquisition transaction costs. These items were reflected within "Restructuring and other items, net" in our Consolidated Condensed Statements of Earnings.

During the first quarter of 2019, we recorded $3.6 million of charges related to the implementation of an Enterprise Resource Planning (ERP) system. This item was reflected within "Restructuring and other items, net" in our Consolidated Condensed Statements of Earnings.

During the first quarter of 2018, we recorded an impairment charge of $15.5 million for all goodwill in the FMS Europe reporting unit. This item was reflected within "Restructuring and other items, net" in our Consolidated Condensed Statements of Earnings.