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RESTRUCTURING CHARGES
6 Months Ended
Jun. 30, 2019
Restructuring And Related Activities [Abstract]  
RESTRUCTURING CHARGES

(15)RESTRUCTURING CHARGES

 

In the fourth quarter of 2018, we finalized plans to abandon duplicate office facilities with lease terms expiring between 2023 and 2026 in St. Rose and New Orleans, Louisiana, Houston, Texas and Aberdeen, Scotland.  These closures resulted in a $5.5 million lease exit charge in the fourth quarter of 2018 and $1.8 million and $3.8 million, respectively, severance charges for employees at these duplicate locations in the fourth quarter of 2018 and the first quarter of 2019.  These charges are included in general and administrative expense in our consolidated statements of operations.

 

Activity for the lease exit and severance liabilities for the six months ended June 30, 2019 was as follows:

 

 

 

Lease Exit Costs

 

 

Severance

 

 

 

 

 

(In thousands)

 

Europe/ Mediterranean

 

Corporate

 

 

Europe/ Mediterranean

 

Corporate

 

 

Total

 

Balance at December 31, 2018

 

$

2,005

 

 

4,463

 

 

 

 

 

285

 

 

 

6,753

 

Charges

 

 

11

 

 

98

 

 

 

868

 

 

2,968

 

 

 

3,945

 

Cash payments

 

 

(158

)

 

(1,268

)

 

 

(663

)

 

(3,253

)

 

 

(5,342

)

Balance at June 30 2019

 

$

1,858

 

 

3,293

 

 

 

205

 

 

 

 

 

5,356