XML 58 R45.htm IDEA: XBRL DOCUMENT v3.19.2
Note 4 - Restructuring - Recognized Cost Restructuring Activities (Details) - USD ($)
3 Months Ended 6 Months Ended 23 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Restructuring charges $ 3,000,000.0 $ 1,500,000 $ 4,100,000 $ 3,300,000  
Non-cash restructuring charges     1,409,000 2,980,000  
Restructuring 2017 [Member]          
Restructing reserve, balance     2,412,000 5,189,000  
Restructuring charges 6,516,000 [1] 2,913,000 [2] 9,382,000 [3] 8,157,000 [4]  
Restructing reserve, foreign currency translation     (27,000) (18,000)  
Restructing reserve, settled with cash     5,942,000 [5] 6,481,000 [6] $ 34,300,000
Restructing reserve, settled without cash     1,409,000    
Restructing reserve, balance 4,416,000 3,867,000 4,416,000 3,867,000 4,416,000
Non-cash restructuring charges 1,100,000 600,000 900,000 2,980,000  
Employee Severance [Member] | Restructuring 2017 [Member]          
Restructing reserve, balance     1,742,000 3,864,000  
Restructuring charges 2,132,000 1,197,000 2,627,000 2,268,000  
Restructing reserve, foreign currency translation     (10,000) (9,000)  
Restructing reserve, settled with cash     1,860,000 [5] 2,993,000 [6]  
Restructing reserve, settled without cash     0    
Restructing reserve, balance 2,499,000 3,130,000 2,499,000 3,130,000 2,499,000
Non-cash restructuring charges       0  
Contract Termination [Member] | Restructuring 2017 [Member]          
Restructing reserve, balance     359,000 650,000  
Restructuring charges 698,000 309,000 1,238,000 987,000  
Restructing reserve, foreign currency translation     (13,000) (9,000)  
Restructing reserve, settled with cash     606,000 [5] 1,041,000 [6]  
Restructing reserve, settled without cash     0    
Restructing reserve, balance 978 587,000 978 587,000 978
Non-cash restructuring charges       0  
Employee Relocation [Member] | Restructuring 2017 [Member]          
Restructing reserve, balance     0 0  
Restructuring charges 144,000 34,000 195,000 74,000  
Restructing reserve, foreign currency translation     (1,000) 0  
Restructing reserve, settled with cash     26,000 [5] 74,000 [6]  
Restructing reserve, settled without cash     0    
Restructing reserve, balance 168,000 0 168,000 0 168,000
Non-cash restructuring charges       0  
Other Restructuring [Member] | Restructuring 2017 [Member]          
Restructing reserve, balance     311,000 675,000  
Restructuring charges 3,542,000 [7] 1,373,000 [7] 5,322,000 [8] 4,828,000 [8]  
Restructing reserve, foreign currency translation     (3,000) 0  
Restructing reserve, settled with cash     3,450,000 [5] 2,373,000 [6]  
Restructing reserve, settled without cash     1,409,000    
Restructing reserve, balance $ 771,000 $ 150,000 $ 771,000 150,000 $ 771,000
Non-cash restructuring charges       $ 2,980,000  
[1] Total pre-tax restructuring charges for the quarter ended June 30, 2019, include cash charges of $5.4 million and non-cash charges of $1.1 million. Cash charges consist of charges incurred during the quarter that will be settled in cash, either during the current period or future periods.
[2] Total pre-tax restructuring charges for the quarter ended June 30, 2018, include cash charges of $2.3 million and non-cash charges of $0.6 million. Cash charges consist of charges incurred during the quarter that will be settled in cash, either during the current period or future periods.
[3] Total pre-tax restructuring charges include cash charges of $8.5 million and non-cash charges of $0.9 million. Cash charges consist of charges incurred during the quarter that will be settled in cash, either during the current period or future periods.
[4] Total pre-tax restructuring charges include cash charges of $5.2 million and non-cash charges of $3.0 million. Cash charges consist of charges incurred during the quarter that will be settled in cash, either during the current period or future periods.
[5] Refers to cash utilized to settle charges during the first six months of 2019.
[6] Refers to cash utilized to settle charges during the first six months of 2018.
[7] For the quarter ended June 30, 2019, charges primarily related to certain wind-down costs, allowances for accounts receivable, fixed asset disposals and other restructuring-related costs in connection with exiting the CIPP operations in Europe, exiting the cathodic protection operations in the Middle East and other cost savings initiatives. For the quarter ended June 30, 2018, charges primarily related to certain wind-down costs, allowances for accounts receivable, fixed asset disposals, and other restructuring-related costs in connection with exiting non-pipe-related applications for the Tyfo systems in North America and right-sizing the CIPP operations in Australia and Denmark.
[8] For the six months ended June 30, 2019, charges primarily related to certain wind-down costs, allowances for accounts receivable, fixed asset disposals and other restructuring-related costs in connection with exiting the CIPP operations in Europe, exiting the cathodic protection operations in the Middle East and other cost savings initiatives. For the six months ended June 30, 2018, charges primarily related to certain wind-down costs, allowances for accounts receivable, fixed asset disposals, and other restructuring-related costs in connection with exiting non-pipe-related applications for the Tyfo systems in North America and right-sizing the CIPP operations in Australia and Denmark.