Restructuring and Other Related Charges (Tables)

3 Months Ended

Mar. 31, 2020

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs

Restructuring and other related charges as classified in our condensed consolidated statements of income (loss) were as follows:

	Three Months Ended March 31,
(in thousands)	2020		2019
Segment restructuring charges:
Production & Automation Technologies	$	671	$	410
Drilling Technologies	2,095		—
Total	$	2,766	$	410
Statements of Income (Loss) classification:
Cost of goods and services	$	2,039	$	331
Selling, general and administrative expense	727		79
Total	$	2,766	$	410

The following table details our restructuring accrual activities during the three months ended March 31, 2020:

(in thousands)	Restructuring Accrual Balance
December 31, 2019	$	130
Restructuring charges	2,766
Payments	(516		)
Other, including foreign currency translation	117
March 31, 2020	$	2,497