v3.5.0.2
Restructuring Rollforward (Details)
$ in Thousands
 9 Months Ended
Sep. 30, 2016
USD ($)
Balance at Beginning of Period $ 13,718
Provisions 49,317
Payments (44,396)
Foreign Currency Translation (90)
Balance at End of Period 15,102 [1]
Restructuring provisions before non-cash charges 45,870
Non-cash charges in restructuring provisions 3,447
Gas and Fluid Handling [Member]  
Balance at Beginning of Period 6,636
Provisions 27,952
Payments (23,465)
Foreign Currency Translation 64
Balance at End of Period 9,063
Restructuring provisions before non-cash charges 25,828
Non-cash charges in restructuring provisions 2,124
Fabrication Technology [Member]  
Balance at Beginning of Period 6,457
Provisions 21,365
Payments (20,729)
Foreign Currency Translation (93)
Balance at End of Period 5,677
Restructuring provisions before non-cash charges 20,042
Non-cash charges in restructuring provisions 1,323
Corporate and Other [Member]  
Balance at Beginning of Period 625
Provisions 0
Payments (202)
Foreign Currency Translation (61)
Balance at End of Period 362
Termination benefits [Member] | Gas and Fluid Handling [Member]  
Balance at Beginning of Period 3,979 [2]
Provisions 18,882 [2]
Payments (14,275) [2]
Foreign Currency Translation (10) [2]
Balance at End of Period 8,576 [2]
Termination benefits [Member] | Fabrication Technology [Member]  
Balance at Beginning of Period 6,031 [2]
Provisions 15,893 [2]
Payments (17,495) [2]
Foreign Currency Translation (54) [2]
Balance at End of Period 4,375 [2]
Facility closure costs [Member] | Gas and Fluid Handling [Member]  
Balance at Beginning of Period 2,657 [3]
Provisions 6,946 [3]
Payments (9,190) [3]
Foreign Currency Translation 74 [3]
Balance at End of Period 487 [3]
Facility closure costs [Member] | Fabrication Technology [Member]  
Balance at Beginning of Period 426 [3]
Provisions 4,149 [3]
Payments (3,234) [3]
Foreign Currency Translation (39) [3]
Balance at End of Period 1,302 [3]
Facility closure costs [Member] | Corporate and Other [Member]  
Balance at Beginning of Period 625 [3]
Provisions 0 [3]
Payments (202) [3]
Foreign Currency Translation (61) [3]
Balance at End of Period $ 362 [3]
[1] As of September 30, 2016, $14.7 million and $0.4 million of the Company’s restructuring liability was included in Accrued liabilities and Other liabilities, respectively.
[2] Includes severance and other termination benefits, including outplacement services. The Company recognizes the cost of involuntary termination benefits at the communication date or ratably over any remaining expected future service period. Voluntary termination benefits are recognized as a liability and an expense when employees accept the offer and the amount can be reasonably estimated.
[3] Includes the cost of relocating associates, relocating equipment and lease termination expense in connection with the closure of facilities.