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Restructuring Activities
6 Months Ended
Jun. 30, 2021
Restructuring and Related Activities [Abstract]  
Restructuring Activities Restructuring Activities
Restructuring costs of $0.3 and $1.0 for the three and six months ended June 30, 2021, respectively, were primarily related to employee severance costs. As previously reported, on July 17, 2020, we announced internally our intention to transfer operations of our heat exchanger leased facility in Tulsa, Oklahoma to our Beasley, Texas location at which we own 260 acres of land. This transfer is a cost reduction measure within our Heat Transfer Systems segment to continue to structure the business for profitable growth and capacity efficiency. During the first six months of 2021, the leased facility in Tulsa, Oklahoma was repurposed as a flexible manufacturing, engineering and research and development site serving multiple applications across our operating segments. Total costs related to this transfer and Tulsa facility repurposing, are expected to be approximately $9.0, of which $2.7 was spent in 2020. With respect to 2021, we incurred $0.3 and $0.7 of restructuring costs for the three and six months ended June 30, 2021, respectively, primarily related to employee severance costs, which is reflected in the tables below under the Heat Transfer Systems segment. We incurred an additional $4.8 and $5.2 in costs (not reflected in the tables below) for the three and six months ended June 30, 2021, respectively, which are associated with moving and facility start-up costs attributable to the relocation of our air cooled heat exchangers product lines from our Tulsa, Oklahoma facility to our Beasley, Texas facility. This project is complete as of June 30, 2021 although we may incur further costs in the remainder of 2021. We are closely monitoring our end markets and order rates and will continue to take appropriate and timely actions as necessary.
Restructuring costs of $5.6 and $10.8 for the three and six months ended June 30, 2020, respectively, were related to certain cost reduction actions taken primarily in our Cryo Tank Solutions and Heat Transfer Systems segments. These costs were primarily related to employee severance costs.
The following table summarizes severance and other restructuring costs, which includes employee-related costs, facility rent and exit costs, relocation, recruiting, travel and other:
Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
Severance:
Cost of sales$— $1.6 $— $3.9 
Selling, general, and administrative expenses— 1.9 0.3 4.8 
Total severance costs— 3.5 0.3 8.7 
Other restructuring:
Cost of sales0.3 — 0.7 — 
Selling, general, and administrative expenses— 2.1 — 2.1 
Total other restructuring costs0.3 2.1 0.7 2.1 
Total restructuring costs$0.3 $5.6 $1.0 $10.8 
The following tables summarize our restructuring activities for the three and six months ended June 30, 2021 and 2020:
Three Months Ended June 30, 2021
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingCorporateConsolidated
Balance at March 31, 2021$0.5 $— $— $— $— $0.5 
Restructuring charges— 0.3 — — — 0.3 
Cash payments and other(0.2)(0.4)— — — (0.6)
Balance at June 30, 2021$0.3 $(0.1)$— $— $— $0.2 

Three Months Ended June 30, 2020
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingCorporateConsolidated
Balance at March 31, 2020$1.5 $0.5 $— $— $0.8 $2.8 
Restructuring charges1.1 2.9 — — 1.6 5.6 
Cash payments and other(1.2)(3.2)— — (2.1)(6.5)
Balance at June 30, 2020$1.4 $0.2 $— $— $0.3 $1.9 

Six Months Ended June 30, 2021
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingCorporateConsolidated
Balance at December 31, 2020$0.5 $0.2 $— $— $0.1 $0.8 
Restructuring charges0.3 0.7 — — — 1.0 
Cash payments and other(0.5)(1.0)— — (0.1)(1.6)
Balance at June 30, 2021$0.3 $(0.1)$— $— $— $0.2 
Six Months Ended June 30, 2020
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingCorporateConsolidated
Balance at December 31, 2019$0.5 $0.2 $— $— $0.2 $0.9 
Restructuring charges2.9 5.7 — — 2.2 10.8 
Cash payments and other(2.0)(5.7)— — (2.1)(9.8)
Balance at June 30, 2020$1.4 $0.2 $— $— $0.3 $1.9