XML 27 R10.htm IDEA: XBRL DOCUMENT v3.10.0.1

Restructuring Expenses

12 Months Ended

Dec. 31, 2018

Restructuring and Related Activities [Abstract]

Restructuring Expenses

Restructuring Expenses

Beginning in 2014 through 2018, the Company announced and initiated several actions to rationalize employee headcount at various manufacturing facilities and various administrative offices located in Europe, South America, China and the United States in order to reduce costs in response to softening global market demand and lower production volumes. The aggregate headcount reduction was approximately 3,370 employees between 2014 and 2017. During 2018, the Company recorded severance and related costs associated with further rationalizations in connection with the termination of approximately 520 employees. The components of the restructuring expenses are summarized as follows (in millions):

	Write-down of Property, Plant and Equipment				Employee Severance				Facility Closure Costs				Total
Balance as of December 31, 2015	$	—			$	16.9			$	—			$	16.9
2016 provision	—				11.0				1.0				12.0
2016 provision reversal	—				(0.1		)		—				(0.1		)
2016 cash activity	—				(13.1		)		(0.2		)		(13.3		)
Foreign currency translation	—				(0.2		)		—				(0.2		)
Balance as of December 31, 2016	—				14.5				0.8				15.3
2017 provision	0.2				12.4				—				12.6
Less: Non-cash expense	(0.2		)		—				—				(0.2		)
Cash expense	—				12.4				—				12.4
2017 provision reversal	—				(1.4		)		—				(1.4		)
2017 cash activity	—				(16.0		)		(0.8		)		(16.8		)
Foreign currency translation	—				1.4				—				1.4
Balance as of December 31, 2017	—				10.9				—				10.9
2018 provision	0.3				13.8				—				14.1
Less: Non-cash expense	(0.3		)		—				—				(0.3		)
Cash expense	—				13.8				—				13.8
2018 provision reversal	—				(2.1		)		—				(2.1		)
2018 cash activity	—				(14.4		)		—				(14.4		)
Foreign currency translation	—				(1.1		)		—				(1.1		)
Balance as of December 31, 2018	$	—			$	7.1			$	—			$	7.1

X

- References

No definition available.

+ Details

Name:	us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration