Quarterly report pursuant to Section 13 or 15(d)

Restructuring and Other Related Costs (Tables)

v3.10.0.1
Restructuring and Other Related Costs (Tables)
 9 Months Ended
Sep. 30, 2018
Restructuring and Related Activities [Abstract]  
Components of Restructuring and Other Related Costs
The following table presents the components of restructuring and other related costs for the three and nine months ended September 30, 2018 and 2017 included in other operating expense, net in the accompanying condensed consolidated statements of operations:
 
 
Three months ended
September 30,
 
Nine months ended
September 30,
 
 
2018
 
2017
 
2018
 
2017
Severance and other employee costs related to legacy Eco restructuring plan
 
$
—

 
$
—

 
$
—

 
$
830

Severance and other employee costs related to performance materials plant closure
 
219

 
3,868

 
326

 
3,868

Other related costs
 
54

 
238

 
77

 
880

 
 
$
273

 
$
4,106

 
$
403

 
$
5,578

 
 
 
 
 
 
 
 
 
Activity in Restructuring Plan
The activity in the accrued liability balance associated with the Company’s restructuring plans, all of which related to severance and other employee costs, was as follows for the nine months ended September 30, 2018:
 
 
Legacy Eco
Restructuring Plan
 
Performance Materials Plant Closure
 
Total Restructuring Charges
Balance at December 31, 2017
 
$
215

 
$
3,123

 
$
3,338

Cash payments
 
(215
)
 
(2,136
)
 
(2,351
)
Other adjustments
 
—

 
326

 
326

Foreign exchange impact
 
—

 
(18
)
 
(18
)
Balance at September 30, 2018
 
$
—

 
$
1,295

 
$
1,295