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Restructuring Activities
 9 Months Ended
Sep. 30, 2017
Restructuring [Abstract]  
Restructuring and Related Activities Disclosure
7. Restructuring Activities

The Company's restructuring charges by segment were as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Engineered Systems
$
792

 
$
1,293

 
$
2,611

 
$
4,033

Fluids
2,346

 
1,139

 
6,643

 
9,129

Refrigeration & Food Equipment
1,161

 
146

 
2,710

 
219

Energy
231

 
5,170

 
422

 
17,196

Corporate
—

 
—

 
—

 
757

Total
$
4,530

 
$
7,748

 
$
12,386

 
$
31,334

 
 
 
 
 
 
 
 
These amounts are classified in the Condensed Consolidated Statements of Earnings as follows:
Cost of goods and services
$
1,824

 
$
2,771

 
$
6,058

 
$
12,951

Selling, general and administrative expenses
2,706

 
4,977

 
6,328

 
18,383

Total
$
4,530

 
$
7,748

 
$
12,386

 
$
31,334



The restructuring expenses of $4,530 and $12,386 incurred during the three and nine months ended September 30, 2017, respectively, were related to restructuring programs initiated during 2017 and 2016. These programs are designed to better align the Company's costs and operations with current market conditions through targeted facility consolidations, headcount reductions and other measures to further optimize operations. The Company expects the programs currently underway to be substantially completed in the next 12 to 18 months.

The $4,530 of restructuring charges incurred during the third quarter of 2017 primarily included the following items:

•
The Engineered Systems segment recorded $792 of restructuring charges related to headcount reductions primarily within the Printing and Identification platform.

•
The Fluids segment recorded $2,346 of restructuring charges principally related to headcount reductions and facility consolidations primarily within its Fueling & Transport businesses.

•
The Refrigeration & Food Equipment segment recorded $1,161 of restructuring charges principally related to headcount reductions primarily within its Refrigeration businesses.

The Company’s severance and exit accrual activities were as follows:
 
Severance
 
Exit
 
Total
Balance at December 31, 2016
$
10,908

 
$
1,439

 
$
12,347

Restructuring charges
10,617

 
1,769

 
12,386

Payments
(13,358
)
 
(2,812
)
 
(16,170
)
Foreign currency translation
890

 
91

 
981

Other, including write-offs of fixed assets
(470
)
 
166

 
(304
)
Balance at September 30, 2017
$
8,587

 
$
653

 
$
9,240