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Restructuring Activities (Tables)
6 Months Ended
Jun. 30, 2016
Restructuring [Abstract]  
Schedule of Restructuring and Related Costs
The following table details restructuring charges incurred by segment for the periods presented:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Energy
$
5,610

 
$
2,556

 
$
12,026

 
$
20,378

Engineered Systems
773

 
747

 
2,740

 
5,102

Fluids
2,764

 
58

 
7,990

 
2,155

Refrigeration & Food Equipment
52

 
(243
)
 
73

 
(525
)
Corporate

 

 
757

 
111

Total
$
9,199

 
$
3,118

 
$
23,586

 
$
27,221

 
 
 
 
 
 
 
 
These amounts are classified in the unaudited Condensed Consolidated Statements of Earnings as follows:
 
 
 
 
 
 
 
 
Cost of goods and services
$
4,329

 
$
2,474

 
$
10,180

 
$
9,928

Selling and administrative expenses
4,870

 
644

 
13,406

 
17,293

Total
$
9,199

 
$
3,118

 
$
23,586

 
$
27,221

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, 2015
$
11,036

 
$
2,955

 
$
13,991

Restructuring charges
17,052

 
6,534

 
23,586

Payments
(16,973
)
 
(2,595
)
 
(19,568
)
Foreign currency translation
10

 
36

 
46

Other, including write-offs of fixed assets and acquired balances
2,374

 
(2,374
)
 

Balance at June 30, 2016
$
13,499

 
$
4,556

 
$
18,055