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Restructuring Activities
 9 Months Ended
Sep. 30, 2024
Restructuring and Related Activities [Abstract]  
Restructuring Activities
9. Restructuring Activities

The Company's restructuring charges by segment were as follows:
 Three Months Ended September 30,Nine Months Ended September 30,
 2024202320242023
Engineered Products$991 $938 $2,969 $5,415 
Clean Energy & Fueling8,544 (37)15,434 15,954 
Imaging & Identification1,804 233 4,645 1,437 
Pumps & Process Solutions964 1,637 3,929 6,266 
Climate & Sustainability Technologies1,238 1,138 14,261 2,585 
Corporate296 476 391 1,603 
Total$13,837 $4,385 $41,629 $33,260 
These amounts are classified in the condensed consolidated statements of earnings as follows:
Cost of goods and services$7,768 $1,198 $26,908 $10,353 
Selling, general and administrative expenses6,069 3,187 14,721 22,907 
Total$13,837 $4,385 $41,629 $33,260 

The restructuring expenses of $13,837 incurred during the three months ended September 30, 2024 were primarily related to exit costs and headcount reductions in the Clean Energy & Fueling segment. The restructuring expenses of $41,629 incurred during the nine months ended September 30, 2024 were primarily related to product line exit costs and headcount reductions in the Clean Energy & Fueling and Climate & Sustainability Technologies segments. These restructuring programs were initiated in 2023 and 2024 and the Company will continue to make proactive adjustments to its cost structure to align with current demand trends.

The Company’s severance and exit accrual activities were as follows:
 SeveranceExitTotal
Balance at January 1, 2024$18,646 $3,113 $21,759 
Restructuring charges15,745 25,884 (1)41,629 
Payments(23,973)(7,625)(31,598)
Other, including foreign currency translation(178)(16,828)(1)(17,006)
Balance at September 30, 2024$10,240 $4,544 $14,784 
(1) Exit reserves activity includes non-cash asset charges related to a product line exit within the Climate & Sustainability Technologies segment.