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Restructuring
12 Months Ended
Dec. 31, 2018
Restructuring And Related Activities [Abstract]  
Restructuring

20. Restructuring

During the years ended December 31, 2018, 2017 and 2016, the Company incurred $12.9 million, $27.2 million and $23.4 million of restructuring expense, respectively. The costs for 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. The costs for 2017 and 2016 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 restructuring expense for the year ended December 31, 2018, 2017 and 2016 included $2.0 million, $2.8 million and $2.3 million, respectively, of expense related to executive severance.

The following is a roll-forward of the Company's restructuring activities for the twelve months ended December 31, 2018:

 

 

 

Restructuring Reserve

Balance as of

December 31, 2017

 

 

Restructuring

Expenses

 

 

Use of

Reserve

 

 

Currency Translation

 

 

Restructuring Reserve

Balance as of

December 31, 2018

 

Total

 

$

5.6

 

 

$

12.9

 

 

$

15.1

 

 

$

(0.1

)

 

$

3.3