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Restructuring
9 Months Ended
Sep. 30, 2018
Restructuring And Related Activities [Abstract]  
Restructuring

(13) Restructuring

We have undergone restructuring actions to align our business operations.  Of the $1.3 million of restructuring expenses recognized in the nine months ended September 30, 2018, $0.9 million related to the restructuring of our corporate service center, including the severance of an executive.  The remainder primarily related to projects initiated in prior years that were not accruable during such periods.

Of the $2.1 million of restructuring expense recognized in the nine months ended September 30, 2017, approximately $0.8 million of expenses largely related to the abandonment of yards, or portions of yard, as well as related fleet and other costs due to the divestiture of our wood mobile office business.  Additionally, $1.3 million related to activities associated with the continued integration of Evergreen Tank Solutions (“ETS”) into the existing Mobile Mini infrastructure.

The following table details accrued restructuring obligations (included in accrued liabilities in the Condensed Consolidated Balance Sheets) and related activity for the fiscal year ended December 31, 2017 and the nine-month period ended September 30, 2018:

 

 

 

Severance and

Benefits

 

 

Lease

Abandonment

Costs

 

 

Other

Costs

 

 

Total

 

 

 

(In thousands)

 

Accrued obligations as of January 1, 2017

 

$

395

 

 

$

368

 

 

$

 

 

$

763

 

Restructuring expense

 

 

931

 

 

 

900

 

 

 

1,055

 

 

 

2,886

 

Settlement of obligations

 

 

(787

)

 

 

(1,086

)

 

 

(1,019

)

 

 

(2,892

)

Accrued obligations as of December 31, 2017

 

 

539

 

 

 

182

 

 

 

36

 

 

 

757

 

Restructuring expense

 

 

948

 

 

 

125

 

 

 

233

 

 

 

1,306

 

Settlement of obligations

 

 

(1,353

)

 

 

(247

)

 

 

(261

)

 

 

(1,861

)

Accrued obligations as of September 30, 2018

 

$

134

 

 

$

60

 

 

$

8

 

 

$

202

 

 

The following amounts are included in restructuring expenses for the periods indicated:

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

 

 

(In thousands)

 

Severance and benefits

 

$

 

 

$

277

 

 

$

948

 

 

$

277

 

Lease abandonment costs

 

 

 

 

 

105

 

 

 

125

 

 

 

810

 

Other costs

 

 

 

 

 

243

 

 

 

233

 

 

 

975

 

Restructuring expenses

 

$

 

 

$

625

 

 

$

1,306

 

 

$

2,062