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Severance and Other Charges, net | 9 Months Ended
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Sep. 30, 2020
Restructuring and Related Activities [Abstract] |
Severance and Other Charges, net | Severance and Other Charges, net We recognize severance and other charges for costs associated with workforce reductions, facility closures, exiting or reducing our footprint in certain countries, asset impairments and the retirement of excess machinery and equipment based on economic utility. As a result of the downturn in the industry and its impact on our business outlook, we continue to take actions to adjust our operations and cost structure to reflect current and expected activity levels. Depending on future market conditions, further actions may be necessary to adjust our operations, which may result in additional charges. Our severance and other charges, net are summarized below (in thousands):
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Severance and other costs |  | $ | 3,444 |  |  | $ | 1,243 |  |  | $ | 8,776 |  |  | $ | 2,225 |
Fixed asset impairments and retirements |  | 105 |  |  | 3,979 |  |  | 15,584 |  |  | 4,045 |
Inventory write-offs |  | — |  |  | — |  |  | 368 |  |  | 222 |
Intangible asset impairments |  | — |  |  | — |  |  | 4,708 |  |  | — |
|  | $ | 3,549 |  |  | $ | 5,222 |  |  | $ | 29,436 |  |  | $ | 6,492 |
Severance and other costs: We incurred costs due to a continued effort to adjust our cost base, including reducing our workforce to meet the depressed demand in the industry. At September 30, 2020, our outstanding liability associated with our current program was approximately $2.3 million and included severance payments and other employee-related separation costs. Below is a reconciliation of our employee separation liability balance (in thousands):
|  | Tubular Running Services |  | Tubulars |  | Cementing Equipment |  | Corporate |  | Total
Balance at December 31, 2019 |  | $ | 2,000 |  |  | $ | 19 |  |  | $ | 1,632 |  |  | $ | 2,186 |  |  | $ | 5,837 |
Additions for costs expensed |  | 5,158 |  |  | 143 |  |  | 926 |  |  | 2,549 |  |  | 8,776 |
Severance and other payments |  | (7,026) |  |  | (160) |  |  | (1,580) |  |  | (2,779) |  |  | (11,545) |
Other adjustments |  | (78) |  |  | — |  |  | (12) |  |  | (634) |  |  | (724) |
Balance at September 30, 2020 |  | $ | 54 |  |  | $ | 2 |  |  | $ | 966 |  |  | $ | 1,322 |  |  | $ | 2,344 |
Fixed asset impairments and retirements: During the nine months ended September 30, 2019, we recognized $4.0 million of impairment related to assets held for sale. During the nine months ended September 30, 2020, we recorded fixed asset impairment charges of $15.6 million primarily associated with construction in progress in our Cementing Equipment segment. Please see Note 5—Property, Plant and Equipment for additional details. Inventory write-offs: During the nine months ended September 30, 2020, certain inventories in our Cementing Equipment segment were determined to have costs that exceeded their net realizable values, resulting in a charge of $0.4 million. Intangible asset impairments: During the nine months ended September 30, 2020, we identified certain intangible assets where the carrying value exceeded the fair value in the Cementing Equipment segment, resulting in an impairment charge of $4.7 million. Please see Note 6—Goodwill and Intangible Assets for additional details.

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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