Restructuring Activities

3 Months Ended

Mar. 31, 2023

Restructuring and Related Activities [Abstract]

7. Restructuring Activities

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


	Three Months Ended March 31,
	2023		2022
Engineered Products	$	539	$	457
Clean Energy & Fueling	10,144		196
Imaging & Identification	339		1,191
Pumps & Process Solutions	1,326		685
Climate & Sustainability Technologies	242		5,716
Corporate	(114)		(88)
Total	$	12,476	$	8,157

These amounts are classified in the condensed consolidated statements of earnings as follows:
Cost of goods and services	$	3,473	$	207
Selling, general and administrative expenses	9,003		7,950
Total	$	12,476	$	8,157

The restructuring expenses of $12,476 incurred during the three months ended March 31, 2023 were primarily related to headcount reductions and exit costs in the Clean Energy & Fueling segment. These programs were initiated in 2022 and 2023 and were undertaken in light of current market conditions. The Company will continue to make proactive adjustments to its cost structure through restructuring and other programs to align with current demand trends.

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


	Severance		Exit		Total
Balance at January 1, 2023	$	12,007	$	2,503	$	14,510
Restructuring charges	11,635		841		12,476
Payments	(6,728)		(2,207)		(8,935)


Other, including foreign currency translation	179		12		191
Balance at March 31, 2023	$	17,093	$	1,149	$	18,242