Realignment Costs

9 Months Ended

Sep. 30, 2021

Restructuring and Related Activities [Abstract]

Realignment Costs

Realignment Costs

During the third quarter of 2020, the Company initiated a strategic realignment program in order to better serve the Company’s users and to better align resources with the evolving needs of the business (the “2020 Program”). The Company incurred realignment costs of $10,046 for the year ended December 31, 2020 related to the aforementioned program, which represents termination benefits for colleagues whose positions were eliminated. The 2020 Program activities have been broadly implemented across the Company’s various businesses with substantially all actions completed in mid‑2021.

Accruals and other current liabilities in the consolidated balance sheets included amounts related to the realignment activities as follows:

Balance, December 31, 2020	$	6,240
Payments	(5,813)
Adjustments (1)	(284)
Balance, September 30, 2021	$	143

(1)Adjustments includes foreign currency translation.