RESTRUCTURING

During the fourth quarter of 2017, NobelClad announced plans to consolidate its European production facilities by closing manufacturing operations in France. During the third quarter of 2018, final approval of the proposed measures was granted by the local workers council, in accordance with applicable French law. NobelClad completed the closure of the Rivesaltes production facility in the fourth quarter of 2018, but will maintain its sales and administrative office in France. NobelClad has entered into a sales agreement with a buyer for the production facility, and the sale is expected to close during the second quarter of 2019.

Total restructuring and impairment charges incurred for these programs are as follows and are reported in the “Restructuring expenses” line item in our Condensed Consolidated Statements of Operations:



	Three months ended March 31, 2019
	Gain on asset disposal			Contract Termination Costs		Equipment Moving Costs		Other Exit Costs		Total
NobelClad	$	(116	)	$	39	$	144	$	11	$	78



	Three months ended March 31, 2018
	Severance		Other Exit Costs		Total
NobelClad	$	53	$	91	$	144

During the three months ended March 31, 2019, the changes to the restructuring liability associated with these programs is summarized below:



	December 31, 2018		Net expense (1)		Payments and Other Adjustments			Currency Adjustments			March 31, 2019
Severance	$	1,105	$	—	$	(653	)	$	(9	)	$	443
Contract termination costs	—		39		(39		)	—			—
Equipment moving costs	8		144		(118		)	—			34
Other exit costs	42		11		(12		)	—			41
Total	$	1,155	$	194	$	(822	)	$	(9	)	$	518

(1) Excluding gain on asset disposal