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Restructuring Activities (Tables) | 6 Months Ended
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Jun. 30, 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 June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Engineered Products | $ | 4,339 |  |  | $ | 4,160 |  |  | $ | 8,330 |  |  | $ | 4,518 |
Fueling Solutions | 1,415 |  |  | 911 |  |  | 1,464 |  |  | 2,386 |
Imaging & Identification | 174 |  |  | (522) |  |  | 864 |  |  | (266) |
Pumps & Process Solutions | 904 |  |  | 4,706 |  |  | 887 |  |  | 8,552 |
Refrigeration & Food Equipment | 2,283 |  |  | 2,213 |  |  | 3,344 |  |  | 2,773 |
Corporate | 321 |  |  | 816 |  |  | 982 |  |  | 1,662 |
Total | $ | 9,436 |  |  | $ | 12,284 |  |  | $ | 15,871 |  |  | $ | 19,625 |
These amounts are classified in the Condensed Consolidated Statements of Earnings as follows:
Cost of goods and services | $ | 4,839 |  |  | $ | 7,557 |  |  | $ | 8,746 |  |  | $ | 9,099 |
Selling, general and administrative expenses | 4,597 |  |  | 4,727 |  |  | 7,125 |  |  | 10,526 |
Total | $ | 9,436 |  |  | $ | 12,284 |  |  | $ | 15,871 |  |  | $ | 19,625 |
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 | 6,680 |  |  | 9,191 |  |  | 15,871 |
Payments | (7,483) |  |  | (3,625) |  |  | (11,108) |
Other, including foreign currency translation | (66) |  |  | (6,718) |  | (1) | (6,784) |
Balance at June 30, 2021 | $ | 9,678 |  |  | $ | 3,214 |  |  | $ | 12,892 |
(1) Other activity in exit reserves primarily represents asset charges related to a product line exit.

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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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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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 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -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 + Details
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