Despite favorable market conditions, Aegion has been plagued with legacy backlog issues for the past year in Denmark. Also, despite investments in the last two years to accelerate sales momentum in North America, the company has failed to sufficiently expand contract applications for the Tyfo Fibrwrap system to strengthen buildings, bridges and other structures. Updates on Strategic Actions As part of the repositioning of the Infrastructure Solutions platform's Tyfo Fibrwrap system operations in North America, Aegion completed an impairment assessment of the long-lived assets and goodwill for the Fyfe reporting unit. The company also performed a detailed evaluation of the Infrastructure Solutions businesses in Australia and Denmark during third-quarter 2017. Impact on 3Q & 2017 Results Due to the impairment assessment of the long-lived assets and goodwill for the Fyfe reporting unit, Aegion will incur a non-cash, pre-tax impairment charge of approximately $85 million in third-quarter 2017.