XML 47 R35.htm IDEA: XBRL DOCUMENT v3.20.2
Restructuring Activities (Tables)
9 Months Ended
Sep. 30, 2020
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs
The Company's restructuring charges by segment were as follows:
 Three Months Ended September 30,Nine Months Ended September 30,
 2020201920202019
Engineered Products$2,342 $556 $6,860 $1,757 
Fueling Solutions1,572 825 3,958 3,339 
Imaging & Identification99 296 (167)1,973 
Pumps & Process Solutions1,719 907 10,271 1,789 
Refrigeration & Food Equipment534 495 3,307 2,134 
Corporate474 257 2,136 1,018 
Total$6,740 $3,336 $26,365 $12,010 
These amounts are classified in the Condensed Consolidated Statements of Earnings as follows:
Cost of goods and services$2,710 $2,073 $11,809 $4,435 
Selling, general and administrative expenses4,030 1,263 14,556 7,575 
Total$6,740 $3,336 $26,365 $12,010 
Schedule of Restructuring Reserve by Type of Cost
The Company’s severance and exit accrual activities were as follows:
 SeveranceExitTotal
Balance at December 31, 2019$13,751 $2,639 $16,390 
Restructuring charges18,832 7,533 26,365 
Payments(24,837)(3,895)(28,732)
Other, including foreign currency translation466 (3,982)
(1)
(3,516)
Balance at September 30, 2020$8,212 $2,295 $10,507 
(1) Other activity in exit reserves primarily represents the non-cash write-off of certain long-lived assets in connection with certain facility closures.