XML 48 R35.htm IDEA: XBRL DOCUMENT v2.4.0.8
Restructuring Activities(Tables)
9 Months Ended
Sep. 30, 2014
Restructuring [Abstract]  
Schedule of Restructuring and Related Costs
The following table details restructuring charges incurred by segment for the periods presented:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
Energy
$
214

 
$
124

 
$
1,704

 
$
1,250

Engineered Systems
813

 
1,969

 
4,024

 
2,661

Fluids
457

 
30

 
995

 
356

Refrigeration & Food Equipment

 
455

 
10

 
4,320

Corporate
603

 

 
1,760

 

Total
$
2,087

 
$
2,578

 
$
8,493

 
$
8,587

 
 
 
 
 
 
 
 
These amounts are classified in the unaudited Condensed Consolidated Statements of Earnings as follows:
 
 
 
 
 
 
 
 
Cost of goods and services
$
(881
)
 
$
(1,197
)
 
$
1,888

 
$
3,801

Selling and administrative expenses
2,968

 
3,775

 
6,605

 
4,786

Total
$
2,087

 
$
2,578

 
$
8,493

 
$
8,587

Schedule of Restructuring Reserve by Type of Cost
The following table details the Company’s severance and other restructuring accrual activity:
 
Severance
 
Exit
 
Total
Balance at December 31, 2013
$
2,918

 
$
2,466

 
$
5,384

Restructuring charges
4,522

 
3,971

 
8,493

Payments
(5,623
)
 
(5,119
)
 
(10,742
)
Other, including foreign currency
(573
)
 
205

 
(368
)
Balance at September 30, 2014
$
1,244

 
$
1,523

 
$
2,767