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Restructuring And Optimization Programs
 6 Months Ended
Jun. 30, 2018
Restructuring And Optimization Programs [Abstract]  
Restructuring And Optimization Programs

14.    Restructuring and Optimization Programs

Total restructuring and impairment charges were $3.8 million and $7.9 million for the three and six months ended June 30, 2018, respectively, and $3.2 million and $6.2 million for the three and six months ended June 30, 2017, respectively. Included in the charges for the three and six months ended June 30, 2017, was an impairment charge of $1.5 million related to an equity method investment. The remainder of the charges primarily relate to costs associated with integration of our recent acquisitions and optimization programs, and are further summarized below.









 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Employee

 

Other

 

 

 



 

Severance

 

Costs

 

Total



 

(Dollars in thousands)

Balances at December 31, 2017

 

$

 2,286 

 

$

 1,234 

 

$

 3,520 

Restructuring charges

 

 

 3,432 

 

 

 4,442 

 

 

 7,874 

Cash payments

 

 

 (3,237)

 

 

 (283)

 

 

 (3,520)

Non-cash items

 

 

 (91)

 

 

 (3,534)

 

 

 (3,625)

Balances at June 30, 2018

 

$

 2,390 

 

$

 1,859 

 

$

 4,249 



We expect to make cash payments to settle the remaining liability for employee severance benefits and other costs over the next twelve months, except where legal or contractual obligations would require it to extend beyond that period.