Restructuring
 6 Months Ended
Jun. 30, 2017
Restructuring And Related Activities [Abstract]  
Restructuring

(12) Restructuring

We have undergone restructuring actions to align our business operations.  The restructuring expenses during the six-month period ended June 30, 2017 resulted primarily from the continuation of restructuring projects initiated in prior years.  These costs include additional restructuring items that were included in prior year plans but were not accruable at the time of the previous charges. Of the $1.4 million of restructuring expenses recognized in the six months ended June 30, 2017, approximately $0.7 million of costs related to the abandonment of yards, or portions of yards, as well as related fleet and other costs due to the divesture of our wood mobile office business. Additionally, $0.7 million related to activities associated with the continued integration of Evergreen Tank Solutions (“ETS”) into the existing Mobile Mini infrastructure.

Of the $3.6 million of restructuring expense recognized in the six months ended June 30, 2016 approximately $1.8 million related to the integration of ETS into the existing Mobile Mini infrastructure, including the re-alignment of sales leadership with operational leadership and the remaining $1.8 million of expenses largely relate to the abandonment of yards related to the divestiture of our wood mobile office business.

The following table details accrued restructuring obligations (included in accrued liabilities in the Condensed Consolidated Balance Sheets) and related activity for the fiscal year ended December 31, 2016 and the six-month period ended June 30, 2017:

 

 

 

Fleet and Property,

Plant and

Equipment

Abandonment Costs

 

 

Severance and

Benefits

 

 

Lease

Abandonment

Costs

 

 

Other

Costs

 

 

Total

 

 

 

(In thousands)

 

Accrued obligations as of January 1, 2016

 

$

—

 

 

$

1,245

 

 

$

495

 

 

$

2

 

 

$

1,742

 

Restructuring expense

 

 

109

 

 

 

1,006

 

 

 

3,453

 

 

 

1,452

 

 

 

6,020

 

Settlement of obligations

 

 

(109

)

 

 

(1,856

)

 

 

(3,580

)

 

 

(1,454

)

 

 

(6,999

)

Accrued obligations as of December 31, 2016

 

 

—

 

 

 

395

 

 

 

368

 

 

 

—

 

 

 

763

 

Restructuring expense

 

 

—

 

 

 

—

 

 

 

705

 

 

 

732

 

 

 

1,437

 

Settlement of obligations

 

 

—

 

 

 

(332

)

 

 

(807

)

 

 

(684

)

 

 

(1,823

)

Accrued obligations as of June 30, 2017

 

$

—

 

 

$

63

 

 

$

266

 

 

$

48

 

 

$

377

 

 

The following amounts are included in restructuring expenses for the periods indicated:

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

 

(In thousands)

 

 

 

 

 

 

 

 

 

Fleet and property, plant and equipment abandonment costs

 

$

—

 

 

$

2

 

 

$

—

 

 

$

108

 

Severance and benefits

 

 

—

 

 

 

164

 

 

 

—

 

 

 

236

 

Lease abandonment costs

 

 

189

 

 

 

1,077

 

 

 

705

 

 

 

1,813

 

Other costs

 

 

349

 

 

 

81

 

 

 

732

 

 

 

1,415

 

Restructuring expenses

 

$

538

 

 

$

1,324

 

 

$

1,437

 

 

$

3,572