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Restructuring, Asset Impairment, and Transition Expenses (Tables)
9 Months Ended
Sep. 30, 2018
Reconciliation of Accrued Restructuring Costs

The following is a reconciliation of the accrued restructuring costs between January 1, 2018 and September 30, 2018.

 

 

2015 Altra Plan

 

 

2017 Altra Plan

 

 

Total All Plans

 

Balance at January 1, 2018

$

800

 

 

$

208

 

 

$

1,008

 

Restructuring expense incurred

 

 

 

 

2,119

 

 

 

2,119

 

Cash payments

 

(532

)

 

 

(1,971

)

 

 

(2,503

)

Balance at September 30, 2018

$

268

 

 

$

356

 

 

$

624

 

 

2015 Altra Plan [Member]  
Summary of Total Restructuring Expense

The following table details restructuring charges incurred by segment for the periods presented under the 2015 Altra Plan.

 

 

Quarter Ended

 

 

Year to Date Ended

 

 

September 30, 2018

 

 

September 30, 2017

 

 

September 30, 2018

 

 

September 30, 2017

 

Couplings, Clutches & Brakes

$

 

 

$

 

 

$

 

 

$

1,849

 

Electromagnetic Clutches & Brakes

 

 

 

 

 

 

 

 

 

 

 

Gearing

 

 

 

 

25

 

 

 

 

 

 

809

 

Corporate

 

 

 

 

24

 

 

 

 

 

 

487

 

Total

$

 

 

$

49

 

 

$

 

 

$

3,145

 

 

2017 Altra Plan [Member]  
Summary of Total Restructuring Expense

The following table details restructuring charges incurred by segment for the periods presented under the 2017 Altra Plan.

 

 

Quarter Ended

 

 

Year to Date Ended

 

 

September 30, 2018

 

 

September 30, 2017

 

 

September 30, 2018

 

 

September 30, 2017

 

Couplings, Clutches & Brakes

$

609

 

 

$

631

 

 

$

2,030

 

 

$

631

 

Electromagnetic Clutches & Brakes

 

 

 

 

 

 

 

 

 

 

 

Gearing

 

43

 

 

 

 

 

 

110

 

 

 

 

Corporate

 

(42

)

 

 

 

 

 

(21

)

 

 

 

Total

$

610

 

 

$

631

 

 

$

2,119

 

 

$

631