A summary of the activity of these operating lease exit accruals consists of the following:
(In thousands)
Balance at December 31, 2017
$
6,478
Lease exit expense (1)
2,564
Payments (2)
(1,488
)
Balance at June 30, 2018
$
7,554
(1)
Expense of approximately $2.3 million is recorded in selling, general and administrative expenses and expense of approximately $0.1 million is recorded in interest expense, other, net in the accompanying condensed consolidated statements of income. In addition, expense of approximately $0.2 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 $0.5 million recorded in selling, general and administrative expenses in the accompanying condensed consolidated statements of income and approximately $1.0 million recorded in income (loss) from discontinued operations before taxes in the accompanying condensed consolidated statements of income.