XML 33 R13.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Restructuring
12 Months Ended
Dec. 31, 2019
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
During the fourth quarter of 2017, we initiated an enterprise-wide restructuring plan that was designed to streamline the organization and reallocate resources to better align our organizational structure and costs with our strategy. The restructuring plan involves reviewing certain non-core businesses and assets, our organizational structure, and expected business prospects in the markets we serve, as well as our existing technology platforms. These activities were completed in December 2019.

For the year ended December 31, 2019, we incurred $19.7 million in restructuring costs, comprised principally of certain information technology-related asset write-offs and employee-related costs, which are included in restructuring charges in our consolidated statements of income and comprehensive income. Our accrued restructuring charges as of December 31, 2019, are included in accrued expenses and other current liabilities on our consolidated balance sheet.
The following table provides a summary of our restructuring activities (in millions):
 
Aviation
Land
Marine
Corporate
Consolidated
Balance as of December 31, 2017
0.7

25.0

1.3

5.0

32.0

Restructuring related costs
1.6

6.5

4.5

4.5

17.1

Paid during the period
(0.8
)
(18.9
)
(3.3
)
(5.5
)
(28.5
)
Balance as of December 31, 2018
1.4

12.6

2.6

4.0

20.7

Restructuring related costs
$
1.2

$
4.4

$
1.2

$
13.0

$
19.7

Paid during the period
(2.1
)
(9.6
)
(2.4
)
(16.8
)
(30.8
)
Restructuring charges as of December 31, 2019
$
0.5

$
7.5

$
1.3

$
0.2

$
9.5