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Restructuring Activities (Tables)

3 Months Ended

Mar. 31, 2021

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs

The Company's restructuring charges by segment were as follows:

			Three Months Ended March 31,
			2021						2020
Engineered Products			$	3,991					$	358
Fueling Solutions			49						1,475
Imaging & Identification			690						256
Pumps & Process Solutions			(17)						3,846
Refrigeration & Food Equipment			1,061						560
Corporate			661						846
Total			$	6,435					$	7,341
These amounts are classified in the Condensed Consolidated Statements of Earnings as follows:
Cost of goods and services			$	3,907					$	1,542
Selling, general and administrative expenses			2,528						5,799
Total			$	6,435					$	7,341

Schedule of Restructuring Reserve by Type of Cost

The Company’s severance and exit accrual activities were as follows:

			Severance						Exit						Total
Balance at December 31, 2020			$	10,547					$	4,366					$	14,913
Restructuring charges			2,055						4,380						6,435
Payments			(5,105)						(2,595)						(7,700)
Other, including foreign currency translation			(207)						(4,061)			(1)			(4,268)
Balance at March 31, 2021			$	7,290					$	2,090					$	9,380

(1) Other activity in exit reserves primarily represents asset charges related to a product line exit.

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- References

No definition available.

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- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 5.P.3)
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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
-Topic 420
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- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4(b)(2))
-URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747

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