XML 30 R18.htm IDEA: XBRL DOCUMENT v3.10.0.1
Other Operating Credits and Charges, Net
9 Months Ended
Sep. 30, 2018
Other Income and Expenses [Abstract]  
Other Operating Income and Expense [Text Block]
OTHER OPERATING CREDITS AND CHARGES
 
Quarter Ended
 
Nine Months Ended
 
September 30,
 
September 30,
Dollar amounts in millions
2018
 
2017
 
2018
 
2017
Reorganization charges
$
(0.9
)
 
$

 
$
(4.7
)
 
$

Adjustment to product-related warranty reserves
7.7

 

 
7.7

 
(5.4
)
Refund of environmental costs

 

 
8.3

 

Refund of sales and use taxes

 
0.9

 

 
0.9

Expenses related to hurricane
(0.5
)
 

 
(0.5
)
 

Other

 

 
0.4

 

 
$
6.3

 
$
0.9

 
$
11.2

 
$
(4.5
)


During the third quarter of 2018, we recorded a gain of $7.7 million related to the reduction in product-related warranty reserves associated with CanExel products sold in specific geographic locations and for a specific time period based upon reductions in claims activities. Additionally, we recorded $0.9 million in severance and other charges related to certain reorganizations and a loss of $0.5 million related to property damage sustained by our Wilmington facility during the recent hurricane.

During the first nine months of 2018 in addition to the above, we recorded a gain of $8.3 million related to the settlement of previously-paid environmental costs or the liability for future environmental costs to be paid by a third party associated with a non-operating site, $3.8 million in severance and other charges related to certain reorganizations within the corporate offices, including the costs associated with the retirement of our previous chief financial officer and a gain of $0.4 million related to a previously-settled claim associated with our hardboard siding.

During the third quarter of 2017, we recorded a refund of $0.9 million related to sales and use taxes.

During the first nine months of 2017 in addition to the above, we recorded an increase of $5.4 million related to product-related warranty reserves associated with CanExel products sold in specific geographic locations and for a specific time period based upon increases in claims activities.