Restructuring Activities (Tables)

12 Months Ended

Dec. 31, 2016

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs [Table Text Block]

The Company initiated various restructuring programs and incurred severance and other restructuring costs by segment as follows:

	Years Ended December 31,
	2016		2015		2014
Energy	$	18,497	$	30,763	$	7,549
Engineered Systems	3,080		13,302		6,624
Fluids	16,905		4,879		3,784
Refrigeration & Food Equipment	928		5,848		24,897
Corporate	756		412		1,954
Total	$	40,166	$	55,204	$	44,808
These amounts are classified in the Consolidated Statements of Earnings as follows:
Cost of goods and services	$	14,744	$	21,194	$	19,690
Selling, general and administrative expenses	25,422		34,010		25,118
Total	$	40,166	$	55,204	$	44,808

Schedule of Restructuring Reserve by Type of Cost [Table Text Block]

The following table details the Company’s severance and other restructuring accrual activities:

	Severance			Exit				Total
Balance at January 1, 2014	$	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 translation	(958		)	(11,329		)	(1)	(12,287		)
Balance at December 31, 2014	15,358			6,663				22,021
Restructuring charges	32,148			23,056				55,204
Payments	(38,003		)	(12,322		)		(50,325		)
Other, including foreign currency translation	1,533			(14,442		)	(1)	(12,909		)
Balance at December 31, 2015	11,036			2,955				13,991
Restructuring charges	30,199			9,967				40,166
Payments	(28,346		)	(7,548		)		(35,894		)
Other, including foreign currency translation	(1,981		)	(3,935		)	(1)	(5,916		)
Balance at December 31, 2016	$	10,908		$	1,439			$	12,347

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