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Restructuring Activities | 3 Months Ended
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Mar. 31, 2023
Restructuring and Related Activities [Abstract] |
Restructuring Activities | Restructuring Activities Restructuring costs of $1.6 and $0.1 for the three months ended March 31, 2023 and 2022 were primarily related to moving and employee severance costs relative to restructuring at our Beasley, Texas, Houston, Texas and Tulsa, Oklahoma facilities. We are closely monitoring our end markets and order rates and will continue to take appropriate and timely actions as necessary. The following table summarizes severance and other restructuring costs, which includes employee-related costs, facility rent and exit costs, relocation, recruiting, travel and other:
| Three Months Ended March 31, |  |
| 2023 |  | 2022 |  |  |  |
Severance: |  |  |  |  |  |  |
Cost of sales | $ | — |  |  | $ | 0.1 |  |  |  |  |
Selling, general, and administrative expenses | 0.7 |  |  | (0.1) |  |  |  |  |
Total severance costs | 0.7 |  |  | — |  |  |  |  |
Other restructuring: |  |  |  |  |  |  |
Cost of sales | — |  |  | 0.1 |  |  |  |  |
Selling, general, and administrative expenses | 0.9 |  |  | — |  |  |  |  |
Total other restructuring costs | 0.9 |  |  | 0.1 |  |  |  |  |
Total restructuring costs | $ | 1.6 |  |  | $ | 0.1 |  |  |  |  |
The following tables summarize our restructuring activities:
| Three Months Ended March 31, 2023
| Cryo Tank Solutions |  | Heat Transfer Systems |  | Specialty Products |  | Repair, Service & Leasing |  | Corporate |  | Consolidated
Balance at December 31, 2022 | $ | 0.1 |  |  | $ | — |  |  | $ | 0.1 |  |  | $ | — |  |  | $ | — |  |  | $ | 0.2 |
Restructuring charges | 0.8 |  |  | — |  |  | — |  |  | 0.8 |  |  | — |  |  | 1.6 |
Cash payments and other | (0.8) |  |  | — |  |  | (0.1) |  |  | (0.2) |  |  | — |  |  | (1.1) |
Balance at March 31, 2023 | $ | 0.1 |  |  | $ | — |  |  | $ | — |  |  | $ | 0.6 |  |  | $ | — |  |  | $ | 0.7 |
| Three Months Ended March 31, 2022
| Cryo Tank Solutions |  | Heat Transfer Systems |  | Specialty Products |  | Repair, Service & Leasing |  | Corporate |  | Consolidated
Balance at December 31, 2021 | $ | 0.4 |  |  | $ | 0.5 |  |  | $ | — |  |  | $ | 1.4 |  |  | $ | — |  |  | $ | 2.3 |
Restructuring charges | — |  |  | 0.1 |  |  | — |  |  | — |  |  | — |  |  | 0.1 |
Cash payments and other | (0.3) |  |  | (0.6) |  |  | — |  |  | — |  |  | — |  |  | (0.9) |
Balance at March 31, 2022 | $ | 0.1 |  |  | $ | — |  |  | $ | — |  |  | $ | 1.4 |  |  | $ | — |  |  | $ | 1.5 |

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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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI https://asc.fasb.org/topic&trid=2175745 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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