Restructuring (Tables)

3 Months Ended

Mar. 31, 2022

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs

The following table provides a summary of our cost estimates by major type of expense associated with the strategic business plan. The restructuring actions associated with these charges are expected to be substantially complete in 2022.

	Total Estimated Amount to be Incurred
Strategic Business Plan Estimates	(Dollars in millions)
Severance and personnel related costs	$5.7 million to $6.6 million
Contractual terminations	$0.5 million to $0.9 million
Total severance and restructuring related charges	$6.2 million to $7.5 million

These costs are as follows:

	For the Three Months Ended March 31,
(Dollars in thousands)	2022
Severance and personnel related costs	$	3,997
Contractual terminations	498
Total severance and restructuring costs	$	4,495

Summary of Restructuring Reserve

A summary of activity for the three months ended March 31, 2022, for restructuring-related liabilities associated with the strategic business plan, which is included within accrued compensation and benefits and other current liabilities within the Condensed Consolidated Balance Sheet, is as follows:

	(Dollars in thousands)
Balance at December 31, 2021	$	—
Restructuring and other charges	4,495
Payments	(34)
Non-cash adjustment	(124)
Balance at March 31, 2022	$	4,337