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Restructuring Activities | 6 Months Ended
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Jun. 30, 2020
Restructuring and Related Activities [Abstract] |
Restructuring and Related Activities Disclosure | 9. Restructuring Activities The Company's restructuring charges by segment were as follows:
| Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Engineered Products | $ | 4,160 |  |  | $ | 1,122 |  |  | $ | 4,518 |  |  | $ | 1,201 |
Fueling Solutions | 911 |  |  | 1,776 |  |  | 2,386 |  |  | 2,514 |
Imaging & Identification | (522) |  |  | 1,386 |  |  | (266) |  |  | 1,677 |
Pumps & Process Solutions | 4,706 |  |  | 501 |  |  | 8,552 |  |  | 882 |
Refrigeration & Food Equipment | 2,213 |  |  | 227 |  |  | 2,773 |  |  | 1,639 |
Corporate | 816 |  |  | 726 |  |  | 1,662 |  |  | 761 |
Total | $ | 12,284 |  |  | $ | 5,738 |  |  | $ | 19,625 |  |  | $ | 8,674 |
These amounts are classified in the Condensed Consolidated Statements of Earnings as follows: |  |  |  |  |  |  |
Cost of goods and services | $ | 7,557 |  |  | $ | 1,183 |  |  | $ | 9,099 |  |  | $ | 2,362 |
Selling, general and administrative expenses | 4,727 |  |  | 4,555 |  |  | 10,526 |  |  | 6,312 |
Total | $ | 12,284 |  |  | $ | 5,738 |  |  | $ | 19,625 |  |  | $ | 8,674 |
The restructuring expenses of $12,284 and $19,625 incurred during the three and six months ended June 30, 2020, respectively, were a result of restructuring programs initiated primarily in 2020. Restructuring expense was comprised primarily of new actions in response to lower demand driven by COVID-19 and continuing broad-based selling, general and administrative expense reduction initiatives and broad-based operational efficiency initiatives focusing on footprint consolidation, and operational optimization and IT centralization. Additional programs, beyond the scope of the announced programs, may be implemented during 2020 with related restructuring charges. The $12,284 of restructuring charges incurred during the second quarter of 2020 primarily included the following items: •The Engineered Products segment recorded $4,160 of restructuring charges principally related to headcount reductions. •The Fueling Solutions segment recorded $911 of restructuring charges primarily due to facility restructuring costs. •The Imaging & Identification segment recorded a restructuring benefit of $522 principally related to updated headcount reduction estimates. •The Pumps & Process Solutions segment recorded $4,706 of restructuring expense primarily due to headcount reductions and facility restructuring costs. •The Refrigeration & Food Equipment segment recorded $2,213 of restructuring expense primarily due to headcount reductions and facility restructuring costs. •Corporate recorded $816 of restructuring charges primarily related to headcount reductions and associated exit costs related to IT centralization initiatives. The Company’s severance and exit accrual activities were as follows:
| Severance |  | Exit |  | Total
Balance at December 31, 2019 | $ | 13,751 |  |  | $ | 2,639 |  |  | $ | 16,390 |
Restructuring charges | 13,714 |  |  | 5,911 |  |  | 19,625 |
Payments | (17,070) |  |  | (2,293) |  |  | (19,363) |
Other, including foreign currency translation | 372 |  |  | (4,045) |  | (1) | (3,673) |
Balance at June 30, 2020 | $ | 10,767 |  |  | $ | 2,212 |  |  | $ | 12,979 |
(1) Other activity in exit reserves primarily represents the non-cash write-off of certain long-lived assets in connection with certain facility closures.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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