Restructuring (Tables)

9 Months Ended

Sep. 30, 2024

Restructuring and Related Activities [Abstract]

Summary of Activity of Restructuring

Restructuring charges by segment were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Sealing systems	$	1,087	$	3,262	$	12,261	$	7,527
Fluid handling systems	(27)		216		2,798		6,458
Corporate and other	456		(1,432)		5,371		(1,061)
Total	$	1,516	$	2,046	$	20,430	$	12,924

Schedule of Restructuring Reserve by Type of Cost

Restructuring activity for the nine months ended September 30, 2024 was as follows:

	Employee Separation Costs		Other Exit Costs		Total
Balance as of December 31, 2023	$	18,960	$	5,333	$	24,293
Expense	18,949		1,481		20,430
Cash payments	(16,852)		(4,367)		(21,219)
Foreign exchange translation and other	363		(241)		122
Balance as of September 30, 2024	$	21,420	$	2,206	$	23,626