Impairments, Restructuring and Other Charges (Tables)

12 Months Ended

Dec. 31, 2020

Restructuring and Related Activities [Abstract]

Restructuring and Impairment Charges

The following table is a summary of the restructuring and impairment charges as of December 31, 2020 and 2019:

	2020						2019
(In thousands)	Non-cash Asset Write-downs and Impairment Charges		Restructuring Charges		Total Restructuring and Impairment Charges		Non-cash Asset Write-downs and Impairment Charges		Restructuring Charges		Total Restructuring and Impairment Charges
Accounts Receivable, Net	$	—	$	—	$	—	$	1,785	$	—	$	1,785
Inventories	—		—		—		9,429		—		9,429
Prepaid Expenses and Other Current Assets	—		—		—		1,227		—		1,227
Property, Plant and Equipment, Net	—		—		—		2,268		—		2,268
Other Assets	691		—		691		1,141		—		1,141
Intangible Assets, Net	—		—		—		6,186		—		6,186
Goodwill	86,325		—		86,325		1,610		—		1,610
Accrued Payroll and Employee Benefits	—		5,327		5,327		—		449		449
Other Accrued Expenses	—		—		—		—		164		164
Other Liabilities	—		—		—		—		4,577		4,577
	$	87,016	$	5,327	$	92,343	$	23,646	$	5,190	$	28,836

The above restructuring and impairment charges are presented in the Consolidated Statements of Operations for the years ended December 31 as follows:

(In thousands)	2020		2019
Cost of Products Sold	$	280	$	15,397
Selling, General and Administrative Expenses	5,047		2,356
Impairment Loss	87,016		11,083
Total Restructuring and Impairment Charges	$	92,343	$	28,836

The following table reconciles the beginning and ending liability for restructuring charges:

(In thousands)	2020		2019
Balance as of January 1	$	5,190	$	—
Restructuring Charges Recognized	5,327		5,190
Cash Paid	(4,886)		—
Balance as of December 31	$	5,631	$	5,190