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Subsequent Event | 3 Months Ended
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Mar. 31, 2020
Subsequent Events [Abstract] |
Subsequent Event | 15. Subsequent Event:Due to the economic impact of the COVID-19 pandemic on our business, we implemented cost reduction actions in April 2020 to realize SG&A savings for the balance of the year. In connection with these cost saving actions, we expect to incur pre-tax charges of approximately $10 million in the second quarter of 2020 related to personnel severance and benefits and facility exit costs.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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