Restructuring (Tables)

6 Months Ended

Jun. 30, 2016

Restructuring and Related Activities [Abstract]

Summary of restructuring and related costs

The following tables summarize all charges related to the 2016 Restructuring recognized in the quarter and six months ended June 30, 2016 as presented in their affected line in the Consolidated Statements of Operations (in thousands):



	Quarter Ended June 30, 2016						Six Months Ended June 30, 2016
	Non-Cash Restructuring Charges		Cash Restructuring Charges ⁽¹⁾		Total		Non-Cash Restructuring Charges		Cash Restructuring Charges ⁽¹⁾		Total
	Non-Cash Restructuring Charges		Cash Restructuring Charges ⁽¹⁾		Total		Non-Cash Restructuring Charges		Cash Restructuring Charges ⁽¹⁾		Total
Cost of revenues ⁽²⁾	$	—	$	10	$	10	$	—	$	59	$	59
Operating expenses ⁽³⁾	259		1,710		1,969		259		4,673		4,932
Restructuring charges ⁽⁴⁾	—		1,535		1,535		—		8,265		8,265
Other expense ⁽⁵⁾	249		—		249		249		—		249
Total pre-tax restructuring charges	$	508	$	3,255	$	3,763	$	508	$	12,997	$	13,505

__________________________


⁽¹⁾	Cash charges consist of charges incurred during the period that will be settled in cash, either during the current period or future periods.


⁽²⁾	All charges for the quarter and six-month period ended June 30, 2016 relate to Corrosion Protection.

⁽³⁾

Includes charges of $0.4 million and $0.6 million for the quarter and six-month period ended June 30, 2016, respectively, related to Infrastructure Solutions. Includes charges of $0.1 million and $0.4 million for the quarter and six-month period ended June 30, 2016, respectively, related to Corrosion Protection. Includes charges of $1.5 million and $3.9 million for the quarter and six-month period ended June 30, 2016, respectively, related to Energy Services.

⁽⁴⁾

Includes charges of $0.6 million and $2.5 million for the quarter and six-month period ended June 30, 2016, respectively, related to Infrastructure Solutions. Includes charges of $0.8 million and $3.2 million for the quarter and six-month period ended June 30, 2016, respectively, related to Corrosion Protection. Includes charges of $0.1 million and $2.5 million for the quarter and six-month period ended June 30, 2016, respectively, related to Energy Services.


⁽⁵⁾	All charges relate to the release of cumulative currency translation adjustments in Infrastructure Solutions.

During the quarter and six months ended June 30, 2016, the Company recorded pre-tax expense related to the 2016 Restructuring as follows (in thousands):



	Quarter Ended June 30, 2016
	Infrastructure Solutions		Corrosion Protection		Energy Services		Total
Severance and benefit related costs	$	344	$	714	$	94	$	1,152
Relocation and other moving costs	307		62		14		383
Other restructuring costs ⁽¹⁾	568		181		1,479		2,228
Total pre-tax restructuring charges ⁽²⁾	$	1,219	$	957	$	1,587	$	3,763

__________________________


⁽¹⁾	Primarily includes charges in Energy Services related to the downsizing of the Company’s upstream operations in California.


⁽²⁾	Includes $0.2 million of corporate-related restructuring charges that have been allocated to the reportable segments.



	Six Months Ended June 30, 2016
	Infrastructure Solutions		Corrosion Protection		Energy Services		Total
Severance and benefit related costs	$	2,256	$	3,134	$	1,403	$	6,793
Lease termination costs	—		—		969		969
Relocation and other moving costs	307		62		134		503
Other restructuring costs ⁽¹⁾	809		498		3,933		5,240
Total pre-tax restructuring charges ⁽²⁾	$	3,372	$	3,694	$	6,439	$	13,505

__________________________


⁽¹⁾	Primarily includes charges in Energy Services related to the downsizing of the Company’s upstream operations in California.


⁽²⁾	Includes $1.2 million of corporate-related restructuring charges that have been allocated to the reportable segments.

During the quarters ended June 30, 2016 and 2015, the Company recorded pre-tax (income) expense related to the 2014 Restructuring as follows (in thousands):



	Quarters Ended June 30,					Six Months Ended June 30,
	2016			2015		2016			2015
Severance and benefit related costs	$	—		$	178	$	67		$	694
Lease termination costs	—			26		—			168
Allowances for doubtful accounts	(12		)	2,290		(353		)	1,291
Other restructuring costs ⁽¹⁾	72			3,200		166			7,079
Total pre-tax restructuring charges (reversals) ⁽²⁾	$	60		$	5,694	$	(120	)	$	9,232

__________________________


⁽¹⁾	The quarter and six months ended June 30, 2015 include charges related to the write-off of certain other assets, including the loss on the sale of the CIPP contracting operation in France in February 2015, including the release of cumulative currency translation adjustments, professional fees and certain other restructuring charges.


⁽²⁾	All charges for the quarters and six months ended June 30, 2016 and 2015 relate to Infrastructure Solutions.

The following tables summarize all charges related to the 2014 Restructuring recognized in the quarters and six months ended June 30, 2016 and 2015 as presented in their affected line in the Consolidated Statements of Operations (in thousands):



	Quarters Ended June 30,
	2016							2015
	Non-Cash Restructuring Charges (Reversals)			Cash Restructuring Charges (Reversals) ⁽¹⁾		Total		Non-Cash Restructuring Charges (Reversals)		Cash Restructuring Charges (Reversals)⁽¹⁾			Total
Cost of revenues	$	—		$	—	$	—	$	35	$	933		$	968
Operating expenses	(20		)	80		60		2,290		2,210			4,500
Restructuring charges	—			—		—		—		204			204
Other expense	—			—		—		246		(224		)	22
Total pre-tax restructuring charges (reversals) ⁽²⁾	$	(20	)	$	80	$	60	$	2,571	$	3,123		$	5,694

__________________________


⁽¹⁾	Cash charges consist of charges incurred during the period that will be settled in cash, either during the current period or future periods.


⁽²⁾	All charges relate to Infrastructure Solutions.



	Six Months Ended June 30,
	2016									2015
	Non-Cash Restructuring Charges (Reversals)			Cash Restructuring Charges (Reversals) ⁽¹⁾			Total			Non-Cash Restructuring Charges (Reversals)			Cash Restructuring Charges (Reversals) ⁽¹⁾			Total
Cost of revenues	$	—		$	(14	)	$	(14	)	$	(132	)	$	1,114		$	982
Operating expenses	(361		)	59			(302		)	1,270			3,362			4,632
Restructuring charges	—			67			67			—			862			862
Other expense ⁽²⁾	129			—			129			2,938			(182		)	2,756
Total pre-tax restructuring charges (reversals) ⁽³⁾	$	(232	)	$	112		$	(120	)	$	4,076		$	5,156		$	9,232

__________________________


⁽¹⁾	Cash charges consist of charges incurred during the period that will be settled in cash, either during the current period or future periods.


⁽²⁾	Charges in the six months ended June 30, 2015 primarily include the loss on sale of the CIPP contracting operation in France in February 2015, including the release of cumulative currency translation adjustments.


⁽³⁾	All charges relate to Infrastructure Solutions.

Summary of restructuring activity

The following tables summarize the 2016 Restructuring activity during the first six months of 2016 (in thousands):



	2016 Charge to Income		Utilized in 2016				Reserves at June 30, 2016
	2016 Charge to Income		Cash⁽¹⁾		Non-Cash		Reserves at June 30, 2016
Severance and benefit related costs	$	6,793	$	4,786	$	—	$	2,007
Lease termination costs	969		969		—		—
Relocation and other moving costs	503		322		—		181
Other restructuring costs	5,240		4,642		508		90
Total pre-tax restructuring charges	$	13,505	$	10,719	$	508	$	2,278

__________________________


⁽¹⁾	Refers to cash utilized to settle charges during the first six months of 2016.

The following tables summarize the 2014 Restructuring activity during the first six months of 2016 and 2015 (in thousands):



									Utilized
	Reserves at December 31, 2015		Charge (Credit) to Income			Foreign Currency Translation			Cash⁽¹⁾		Non-Cash		Reserves at June 30, 2016
Severance and benefit related costs	$	—	$	67		$	—		$	—	$	—	$	67
Allowances for doubtful accounts	6,605		(353		)	(17		)	—		235		6,000
Other restructuring costs	968		166			17			214		121		816
Total pre-tax restructuring charges (reversals)	$	7,573	$	(120	)	$	—		$	214	$	356	$	6,883

__________________________


⁽¹⁾	Refers to cash utilized to settle charges, either those reserved at December 31, 2015 or charged to income during the first six months of 2016.



								Utilized
	Reserves at December 31, 2014		Charge (Credit) to Income		Foreign Currency Translation			Cash⁽¹⁾		Non-Cash		Reserves at June 30, 2015
Severance and benefit related costs	$	466	$	694	$	(3	)	$	975	$	—	$	182
Lease termination expenses	—		168		(2		)	166		—		—
Allowances for doubtful accounts	11,464		1,291		(72		)	—		2,785		9,898
Other restructuring costs	2,496		7,079		(70		)	3,541		2,852		3,112
Total pre-tax restructuring charges	$	14,426	$	9,232	$	(147	)	$	4,682	$	5,637	$	13,192

__________________________


⁽¹⁾	Refers to cash utilized to settle charges, either those reserved at December 31, 2014 or charged to income during the first six months of 2015.