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Impairment and Restructuring Charges
12 Months Ended
Dec. 31, 2019
Restructuring and Related Activities [Abstract]  
Impairment and Restructuring Charges Impairment and Restructuring Charges
During 2019, 2018 and 2017, we engaged in restructuring activities intended to improve productivity, operating margins, and working capital levels. Restructuring costs primarily relate to workforce reductions, repositioning of management structure and costs associated with plant consolidations and closures.
Asset impairment charges were recorded in addition to our restructuring costs. In 2019, the asset impairment charges were primarily related to ROU assets held by operations impacted by restructuring. During 2018 and 2017, lease costs were recorded within other exit costs in the tables below in accordance with effective restructuring and leasing guidance during those time periods.
The following table summarizes the restructuring charges for the periods indicated:
(amounts in thousands)
North
America
 
Europe
 
Australasia
 
Corporate
and
Unallocated
Costs
 
Total
Consolidated
Year Ended December 31, 2019
 
 
 
 
 
 
 
 
Severance costs
$
3,595

 
$
5,391

 
$
3,542

 
$
1,012

 
$
13,540

Other exit costs
(220
)
 
634

 
1,027

 
(55
)
 
1,386

Total restructuring costs
3,375

 
6,025

 
4,569

 
957

 
14,926

Impairments
3,926

 
157

 
2,542

 

 
6,625

Total impairment and restructuring charges
$
7,301

 
$
6,182

 
$
7,111

 
$
957

 
$
21,551

Year Ended December 31, 2018
 

 

 

 

Severance costs
$
2,779

 
$
5,877

 
$
2,884

 
$
226

 
$
11,766

Other exit costs
1,460

 
256

 
4,286

 
(1,670
)
 
4,332

Total restructuring costs
4,239

 
6,133

 
7,170

 
(1,444
)
 
16,098

Impairments
694

 
(22
)
 

 
558

 
1,230

Total impairment and restructuring charges
$
4,933

 
$
6,111

 
$
7,170

 
$
(886
)
 
$
17,328

Year Ended December 31, 2017
 
 
 
 
 
 
 
 
Severance costs
$
6,829

 
$
1,915

 
$
91

 
$
657

 
$
9,492

Other exit costs
1,634

 
206

 
(140
)
 
385

 
2,085

Total restructuring costs
8,463

 
2,121

 
(49
)
 
1,042

 
11,577

Impairments
8

 
1,471

 

 

 
1,479

Total impairment and restructuring charges
$
8,471

 
$
3,592

 
$
(49
)
 
$
1,042

 
$
13,056


Short-term restructuring accruals are recorded in accrued expenses and totaled $6.1 million and $6.6 million as of December 31, 2019 and December 31, 2018, respectively. Long-term restructuring accruals are recorded in deferred credits and other liabilities and totaled $1.0 million and $2.0 million as of December 31, 2019 and December 31, 2018, respectively.
The following is a summary of the restructuring accruals recorded and charges incurred:
(amounts in thousands)
Beginning
Accrual
Balance
 
Additions
Charged to
Expense
 
Payments
or
Utilization
 
Ending
Accrual
Balance
December 31, 2019
 
 
 
 
 
 
 
Severance costs
$
5,352

 
$
13,540

 
$
(13,578
)
 
$
5,314

Other exit costs
3,287

 
1,386

 
(2,944
)
 
1,729

Total
$
8,639

 
$
14,926

 
$
(16,522
)
 
$
7,043

December 31, 2018
 
 
 
 
 
 
 
Severance costs
$
7,232

 
$
11,766

 
$
(13,646
)
 
$
5,352

Other exit costs
3,807

 
4,332

 
(4,852
)
 
3,287

Total
$
11,039

 
$
16,098

 
$
(18,498
)
 
$
8,639

December 31, 2017
 
 
 
 
 
 
 
Severance costs
$
836

 
$
9,492

 
$
(3,096
)
 
$
7,232

Other exit costs
4,183

 
2,085

 
(2,461
)
 
3,807

Total
$
5,019

 
$
11,577

 
$
(5,557
)
 
$
11,039


The prior period information has been reclassified to conform to current period presentation.