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Restructuring, Asset Impairment, and Transition Expenses (Tables)
12 Months Ended
Dec. 31, 2016
Restructuring And Related Activities [Abstract]  
Summary of Total Restructuring Expense

The following table details restructuring charges incurred by segment for the periods presented:

 

 

 

Years Ended December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

Couplings, Clutches & Brakes

 

$

7,302

 

 

$

2,527

 

 

$

444

 

Electromagnetic Clutches & Brakes

 

 

1,286

 

 

 

1,600

 

 

 

614

 

Gearing

 

 

287

 

 

 

3,080

 

 

 

603

 

Corporate

 

 

974

 

 

 

7

 

 

 

106

 

Total

 

$

9,849

 

 

$

7,214

 

 

$

1,767

 

 

Reconciliation of Accrued Restructuring Costs

The following table is a reconciliation of the accrued restructuring costs between January 1, 2014 and December 31, 2016.

 

 

 

All Plans

 

Balance at January 1, 2014

 

$

429

 

Restructuring expense incurred

 

 

1,767

 

Cash payments

 

 

(1,807

)

Balance at December 31, 2014

 

 

389

 

Restructuring expense incurred

 

 

7,214

 

Non-cash loss on impairment of fixed assets

 

 

(2,003

)

Cash payments

 

 

(3,389

)

Balance at December 31, 2015

 

 

2,211

 

Restructuring expense incurred

 

 

9,849

 

Non-cash loss on impairment of fixed assets

 

 

(1,521

)

Cash payments

 

 

(8,568

)

Balance at December 31, 2016

 

$

1,971