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Restructuring
3 Months Ended
Mar. 31, 2018
Restructuring And Related Activities [Abstract]  
Restructuring

18.  Restructuring

The Company is continuing its restructuring activities to right-size the business by balancing capacity with demand. During the three months ended March 31, 2018 and 2017, the Company incurred $6.2 million and $11.7 million of restructuring expense, respectively. The costs for the three months ended March 31, 2018 related primarily to severance costs for the departure of an executive officer, costs associated with training of skilled labor as a result of the transfer of crawler production to Shady Grove, PA and costs associated with headcount reductions in Europe. Costs for the three months ended March 31, 2017, related primarily to the closure of manufacturing operations in Manitowoc, WI and Passo Fundo, Brazil and severance costs associated with headcount reductions in North America.

The following is a roll-forward of the Company's restructuring activities for the three months ended March 31, 2018 ($ in millions):

 

 

 

Restructuring Reserve

Balance as of

December 31, 2017

 

 

Restructuring

Expenses

 

 

Use of Reserve

 

 

Reserve Reclassification

 

 

Restructuring Reserve

Balance as of March 31, 2018

 

Total

 

$

5.6

 

 

$

6.2

 

 

$

6.0

 

 

$

0.4

 

 

$

5.4