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Restructuring and Other
12 Months Ended
Dec. 31, 2021
Expense Of Restructuring Activities And Other [Abstract]  
Restructuring and Other

22)

Restructuring and Other

Restructuring

During 2021, the Company recorded restructuring charges of $7.0, primarily related to severance costs due to a global cost saving initiative, costs related to the pending closure of two facilities in Europe and the movement of the manufacturing of products to low cost regions.

During 2020, the Company recorded restructuring charges of $2.7, primarily related to costs incurred from the pending closure of a facility in Europe and costs related to the exit of certain product groups.

The activity related to the Company’s restructuring accrual is shown below:

 

 

 

2021

 

 

2020

 

Balance at January 1

 

$

0.3

 

 

$

3.7

 

Charged to expense

 

 

7.0

 

 

 

2.7

 

Payments and adjustments

 

 

(4.7

)

 

 

(6.1

)

Balance at December 31

 

$

2.6

 

 

$

0.3

 

 

Other

During 2021, the Company recorded charges of $2.8 related primarily to duplicate facility costs.

During 2020, the Company recorded charges of $7.2 related to duplicate facility costs. The Company also received an insurance reimbursement of $0.5 for costs recorded on a legal settlement from a contractual obligation assumed as part of the  Newport Merger.