Quarterly report pursuant to Section 13 or 15(d)

Restructuring

v3.20.2
Restructuring
 6 Months Ended
Sep. 30, 2020
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
During the six months ended September 30, 2020, we enacted certain restructuring initiatives to align our current cost structure with the present decline in demand for our products and services primarily due to COVID-19 and depressed oil prices. Moreover, the Company eliminated approximately 85 and 196 positions during the three and six months ended September 30, 2020, respectively (both hourly and salaried positions), and incurred $1,941 and $4,862 in one-time severance costs during the three and six months ended September 30, 2020, respectively, which were recorded to marketing, general and administrative and engineering in our condensed consolidated statements of operations and comprehensive income. In addition, we incurred $46 in lease abandonment charges related to a Canadian facility we intend to vacate on December 31, 2020, which was recorded to marketing, general and administrative and engineering expense in our condensed consolidated statements of operations and comprehensive income.
Restructuring costs by reportable segment were as follows:
Three Months Ended September 30, 2020 Six Months Ended September 30, 2020
United States and Latin America $ 351  $ 2,414 
Canada 1,270  2,128 
Europe, Middle East and Africa 356  356 
Asia-Pacific 10  10 
  $ 1,987  $ 4,908 

Restructuring activity related to accrued severance recorded to accrued liabilities in the condensed consolidated balance sheets is summarized as follows for the six months ended September 30, 2020:
September 30, 2020
Beginning balance $ — 
Costs incurred 4,862 
Less cash payments (2,791)
Ending balance $ 2,071