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Restructuring Activities (Tables)
12 Months Ended
Dec. 31, 2014
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs [Table Text Block]
The following table details restructuring charges incurred by segment for the periods presented:
 
Years Ended December 31,
 
2014
 
2013
 
2012
Energy (1)
$
7,549

 
$
(811
)
 
$
584

Engineered Systems
6,624

 
3,628

 
8,320

Fluids
3,784

 
850

 
2,215

Refrigeration & Food Equipment
24,897

 
5,451

 
2,761

Corporate
1,954

 

 

Total
$
44,808

 
$
9,118

 
$
13,880

 
 
 
 
 
 
These amounts are classified in the Consolidated Statements of Earnings as follows:
 
 
 
 
 
 
Cost of goods and services
$
19,690

 
$
5,320

 
$
3,613

Selling and administrative expenses
25,118

 
3,798

 
10,267

Total
$
44,808

 
$
9,118

 
$
13,880


(1)
In 2013, restructuring charges incurred within the Energy segment included a net gain on the sale of buildings in connection with facility consolidations.
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
The following table details the Company’s severance and other restructuring accrual activity:
 
Severance
 
Exit
 
Total
Balance at December 31, 2011
$
1,654

 
3,110

 
$
4,764

Restructuring charges
10,583

 
3,297

 
13,880

Payments
(9,554
)
 
(3,916
)
 
(13,470
)
Other, including foreign currency
4

 
74

 
78

Balance at December 31, 2012
2,687

 
2,565

 
5,252

Restructuring charges
7,103

 
2,015

 
9,118

Payments
(7,001
)
 
(2,451
)
 
(9,452
)
Other, including foreign currency
87

 
337

 
424

Balance at December 31, 2013
2,876

 
2,466

 
5,342

Restructuring charges
23,532

 
21,276

 
44,808

Payments
(10,092
)
 
(5,750
)
 
(15,842
)
Other, including foreign currency
(958
)
 
(11,329
)
(1) 
(12,287
)
Balance at December 31, 2014
$
15,358

 
$
6,663

 
$
22,021


(1) 
Other activity in exit reserves primarily represents the non-cash write-off of inventory and fixed assets in connection with certain facility closures.