Management Action

3 Months Ended

Mar. 31, 2017

Restructuring and Related Activities [Abstract]

Management Actions

4. Management Action

During the first quarter of 2017, we implemented a restructuring action to better align our global resources and expense structure with a lower growth global economic environment. The pre-tax charge of $8,018, including other associated costs of $961, consisted primarily of severance and was included within Selling and Administrative Expense in the Condensed Consolidated Statements of Operations. The charge impacted our Americas, Europe, Middle East and Africa ("EMEA") and Asia Pacific ("APAC") operating segments. We believe the anticipated savings will offset the pre-tax charge in approximately one year from the date of the action. We do not expect additional costs will be incurred related to this restructuring action.

A reconciliation to the ending liability balance of severance and related costs as of March 31, 2017 is as follows:

	Severance and Related Costs
Q1 2017 restructuring action	$	7,057
Cash payments	(1,821		)
March 31, 2017 balance	$	5,236