Business Restructuring

3 Months Ended

Mar. 31, 2017

Restructuring And Related Activities [Abstract]

14.	BUSINESS RESTRUCTURING

In May 2016, the Company announced plans to shut down its Longford Mills, Ontario, Canada (Longford Mills) manufacturing facility, a part of the Surfactant reportable segment, by December 31, 2016. The shutdown plan was developed as an effort to improve the Company’s asset utilization in North America and to reduce the Company’s fixed cost base. Manufacturing operations of the Longford Mills plant ceased by the end of 2016, and production of goods manufactured at the facility was transferred to other Company North American production sites. Decommissioning of the assets is expected to continue throughout 2017. To date, $3,603,000 of restructuring expense has been recognized, reflecting $1,594,000 of termination benefits for approximately 30 employees and $2,009,000 for other expenses, principally asset decommissioning costs. In total, restructuring expenses related to the Longford Mills shutdown are expected to approximate $4,500,000.

Below is a reconciliation of the December 31, 2016 and the March 31, 2017 restructuring liabilities:

(In thousands)	Termination Benefits			Other Expense			Total
Restructuring liability at December 31, 2016	$	1,548		$	437		$	1,985
Expense recognized		—			786			786
Amounts paid		(550	)		(928	)		(1,478	)
Foreign currency translation		17			6			23
Restructuring liability at March 31, 2017	$	1,015		$	301		$	1,316