A summary of the activity of these operating lease exit accruals consists of the following:
|
|
|
(In thousands)
|
|
|
Balance at December 31, 2016
|
|
$
|
9,790
|
|
|
Lease exit expense (1)
|
|
|
2,016
|
|
|
Payments (2)
|
|
|
(2,671
|
)
|
|
Other (3)
|
|
|
(1,377
|
)
|
|
Balance at September 30, 2017
|
|
$
|
7,758
|
|
|
(1)
|
Expense of approximately $0.1 million is recorded in interest expense, other, net and expense of approximately $0.8 million is recorded in selling, general and administrative expenses in the accompanying condensed consolidated statements of income. In addition, expense of approximately $1.1 million is recorded in income (loss) from discontinued operations before taxes in the accompanying condensed consolidated statements of income.
|
|
(2)
|
Amount is recorded as an offset to rent expense, with approximately $0.7 million recorded in selling, general and administrative expenses in the accompanying condensed consolidated statements of income and approximately $2.0 million recorded in income (loss) from discontinued operations before taxes in the accompanying condensed consolidated statements of income.
|
|
(3)
|
Amount represents the cash settlement of accruals related to certain deferred maintenance costs and other liabilities related to lease termination.
|
|