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Restructuring, Impairment and Related Charges (Tables)
6 Months Ended
Jun. 30, 2022
Restructuring and Related Activities [Abstract]  
Summary of Restructuring, Impairment and Related Charges

Restructuring, impairment and related charges included in our condensed statement of operations for the three and six months ended June 30, 2022 consisted of the following:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30, 2022

 

 

 

(in thousands)

 

Long-lived assets impairments and write-offs

 

$

 

 

$

12,653

 

Severance and employee-related costs

 

 

2,396

 

 

 

9,412

 

Exit and other related costs

 

 

6,000

 

 

 

8,993

 

Total

 

$

8,396

 

 

$

31,058

 

 

Schedule of Activity Related to Restructuring Liabilities Associated to Restructuring Initiatives The following table summarizes the activity related to the restructuring liabilities associated with our restructuring initiatives for the six months ended June 30, 2022:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

 

June 30, 2022

 

 

 

 

(in thousands)

 

 

Beginning balance

 

$

7,155

 

 

$

 

 

Reclassification of final payment obligation related to a manufacturing
  agreement that was recognized in the prior period (see Note 13)

 

 

 

 

 

2,185

 

 

Restructuring, impairment and related charges

 

 

8,396

 

 

 

31,058

 

 

Cash payments

 

 

(4,328

)

 

 

(8,195

)

 

Noncash activities

 

 

 

 

 

(13,825

)

 

Ending balance

 

$

11,223

 

 

$

11,223

 

 

 

 

 

 

 

 

 

 

Reported as of June 30, 2022

 

 

 

 

(in thousands)

 

 

Accrued compensation and benefits

 

 

 

 

 

2,223

 

 

Accrued research and development liabilities

 

 

 

 

 

6,000

 

 

Other accrued liabilities

 

 

 

 

 

3,000

 

 

 

 

 

 

 

$

11,223