XML 46 R35.htm IDEA: XBRL DOCUMENT v3.21.1
Restructuring Costs (Tables)
3 Months Ended
Mar. 31, 2021
Restructuring And Related Activities [Abstract]  
Reconciliation of Accrued Restructuring Costs

The following is a reconciliation of the accrued restructuring costs between January 1, 2021 and March 31, 2021:

 

 

 

2017 Altra

Plan

 

 

2019 Altra

Plan

 

 

Total All

Plans

 

Balance at January 1, 2021

 

$

0.5

 

 

$

1.8

 

 

$

2.3

 

Restructuring expense incurred

 

 

 

 

 

0.9

 

 

 

0.9

 

Cash payments

 

 

(0.1

)

 

 

(1.4

)

 

 

(1.5

)

Balance at March 31, 2021

 

 

0.4

 

 

 

1.3

 

 

 

1.7

 

 

The following is a reconcilation of the accrued restructuring costs between January 1, 2020 and March 31, 2020:

 

 

 

2017 Altra

Plan

 

 

2019 Altra

Plan

 

 

Total All

Plans

 

Balance at January 1, 2020

 

$

1.5

 

 

$

2.6

 

 

$

4.1

 

Restructuring expense incurred

 

 

0.2

 

 

 

1.4

 

 

 

1.6

 

Cash payments

 

 

(0.4

)

 

 

(1.4

)

 

 

(1.8

)

Balance at March 31, 2020

 

 

1.3

 

 

 

2.6

 

 

 

3.9

 

 

 

Reconciliation of Restructuring Expense by Segment

 

The following is a reconciliation of restructuring expense by segment for the quarter ended March 31, 2021:

 

 

 

2017 Altra

Plan

 

 

2019 Altra

Plan

 

 

Total All

Plans

 

Power Transmission Technologies

 

$

 

 

$

0.6

 

 

$

0.6

 

Automation & Specialty

 

 

 

 

 

0.3

 

 

 

0.3

 

Total restructuring expense

 

$

 

 

$

0.9

 

 

$

0.9

 

 

The following is a reconciliation of restructuring expense by segment for the quarter ended March 31, 2020:

 

 

 

2017 Altra

Plan

 

 

2019 Altra

Plan

 

 

Total All

Plans

 

Power Transmission Technologies

 

$

0.2

 

 

$

0.4

 

 

$

0.6

 

Automation & Specialty

 

 

 

 

 

1.0

 

 

 

1.0

 

Total restructuring expense

 

$

0.2

 

 

$

1.4

 

 

$

1.6