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Restructuring
6 Months Ended
Jun. 30, 2022
Restructuring and Related Activities [Abstract]  
Restructuring

NOTE 5. Restructuring

During the three months ended June 30, 2022, the Company initiated a multi-year restructuring program to drive efficiencies and synergies and optimize operating margin. The Company expects to incur expenses related to workforce reductions, lease termination costs, and other facility rationalization costs over the next three years. The Company recorded total restructuring costs of $11, of which $2 was recorded in cost of revenues and $9 in selling, general, and administrative expenses on the condensed consolidated statements of operations for both the three and six months ended June 30, 2022, within the Safety Services segment. The amounts recognized in the period relate to costs associated with workforce reductions. As of June 30, 2022, the Company had $8 in restructuring liabilities recorded in other accrued liabilities on the condensed consolidated balance sheets for this plan, which are expected to be paid within the next six to nine months. The Company continues to evaluate operating efficiencies and anticipates incurring additional costs in the coming quarters in connection with these activities, but is unable to estimate those amounts at this time as such plans are not yet finalized.

The following table summarizes the Company's 2022 restructuring program for the six month period ended June 30, 2022:

 

 

 

Six Months Ended
June 30, 2022

 

Balance as of December 31, 2021

 

$

 

Charged to cost of revenues - employee related

 

 

2

 

Charged to selling, general, and administrative expenses - employee related

 

 

9

 

Payments

 

 

(3

)

Currency translation adjustment and other

 

 

 

Balance as of June 30, 2022

 

$

8