RESTRUCTURING

During the fourth quarter of 2017, NobelClad announced plans to consolidate its European production facilities by closing manufacturing operations in France, which it expects to complete by the end of 2018. Final approval of the proposed measures has been granted by the local workers council, in accordance with applicable French law. NobelClad plans to exit the Rivesaltes production facility, but will maintain its sales and administrative office in France. For the remainder of 2018, we expect to incur approximately $550 of restructuring expenses related to severance, equipment moving, legal fees, and contract termination costs.

Total restructuring and impairment charges incurred for these programs are as follows and are reported in the “Restructuring expenses” line item in our Condensed Consolidated Statements of Operations:



	Three months ended September 30, 2018
	Severance		Equipment Moving Costs		Other Exit Costs		Total
NobelClad	$	65	$	119	$	8	$	192



	Nine months ended September 30, 2018
	Severance		Equipment Moving Costs		Other Exit Costs		Total
NobelClad	$	300	$	119	$	134	$	553



	Nine months ended September 30, 2017
	Severance		Asset Impairment		Other Exit Costs		Total
DynaEnergetics	$	20	$	143	$	295	$	458

During the nine months ended September 30, 2018, the changes to the restructuring liability associated with these programs is summarized below:



	December 31, 2017		Expense		Payments and Other Adjustments			Currency Adjustments			September 30, 2018
Severance	$	2,568	$	300	$	(248	)	$	(73	)	$	2,547
Equipment moving costs	—		119		(93		)	—			26
Other exit costs	10		134		(144		)	—			—

Total	$	2,578	$	553	$	(485	)	$	(73	)	$	2,573