9. Restructuring Activities

The Company's restructuring charges by segment were as follows:



	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Engineered Systems	$	10,637	$	926	$	13,872	$	2,744
Fluids	10,473		2,403		16,021		6,910
Refrigeration & Food Equipment	452		1,185		598		2,710
Corporate	2,639		—		5,932		—
Total	$	24,201	$	4,514	$	36,423	$	12,364
These amounts are classified in the Condensed Consolidated Statements of Earnings as follows:
Cost of goods and services	$	3,586	$	1,840	$	7,985	$	6,075
Selling, general and administrative expenses	20,615		2,674		28,438		6,289
Total	$	24,201	$	4,514	$	36,423	$	12,364

The restructuring expenses of $24,201 and $36,423 incurred during the three and nine months ended September 30, 2018, respectively, were related to restructuring programs initiated during 2018 and 2017. Restructuring expense includes $24,201 and $34,058 related to rightsizing restructuring programs for the three and nine months ended September 30, 2018, respectively. The current quarter rightsizing programs were comprised primarily of broad-based selling, general and administrative expense reduction initiatives designed to increase operating margin, enhance operations and position the Company for sustained growth and investment. The first half of the year rightsizing programs were largely initiated in the fourth quarter of 2017 and designed to better align the Company's cost structure in preparation for the Apergy separation and included targeted facility consolidations, headcount reductions and other measures to further optimize operations. The rightsizing actions taken due to the Apergy separation are substantially complete. The Company expects to incur total charges of approximately $39 million related to selling, general and administrative expense reduction initiatives, $21 million of which was incurred during the three months ended September 30, 2018 and $18 million of which the Company expects to incur during the fourth quarter of 2018 and into the first half of 2019.

The $24,201 of restructuring charges incurred during the third quarter of 2018 primarily included the following items:


•	The Engineered Systems segment recorded $10,637 of restructuring charges related to programs focused on headcount reduction.


•	The Fluids segment recorded $10,473 of restructuring charges principally related to headcount reductions and facility restructuring costs, focused on achieving acquisition integration benefits.


•	The Refrigeration and Food Equipment segment recorded $452 of restructuring expense primarily due to headcount reductions and facility restructuring costs.


•	Corporate recorded $2,639 of restructuring charges primarily related to headcount reductions.

The Company’s severance and exit accrual activities were as follows:



	Severance			Exit				Total
Balance at December 31, 2017	$	25,681		$	5,591			$	31,272
Restructuring charges	31,786			4,637				36,423
Payments	(31,100		)	(7,483		)		(38,583		)
Other, including foreign currency translation	(934		)	(288		)	⁽¹⁾	(1,222		)
Balance at September 30, 2018	$	25,433		$	2,457			$	27,890


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