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Restructuring Charges
12 Months Ended
Dec. 31, 2024
Restructuring and Related Activities [Abstract]  
Restructuring Charges Restructuring Charges
During the years ended December 31, 2024, 2023 and 2022, we recorded restructuring charges of $6.4 million, $9.9 million and $8.0 million, respectively. These charges were primarily related to our ongoing initiatives to adjust our cost structure and improve productivity.
Americas segment restructuring charges of $1.6 million during the year ended December 31, 2024, were related to manufacturing footprint optimization activities. International segment restructuring charges of $3.5 million during the year ended December 31, 2024, were related to ongoing initiatives to optimize our manufacturing footprint and improve productivity as well as management restructuring. Corporate segment restructuring charges of $1.3 million during the year ended December 31, 2024, were related to management restructuring.
Americas segment restructuring charges of $3.1 million during the year ended December 31, 2023, were related to manufacturing footprint optimization activities. International segment restructuring charges of $4.7 million during the year ended December 31, 2023, were related to ongoing initiatives to drive profitable growth and improve productivity. Corporate segment restructuring charges of $2.1 million during the year ended December 31, 2023, were related to footprint optimization activities and management restructuring.
Americas segment restructuring charges of $2.3 million during the year ended December 31, 2022, were related to
various optimization activities. International segment restructuring charges of $5.1 million during the year ended December 31, 2022, were primarily related to the implementation of our new European Shared Service Center in Warsaw, Poland. Corporate segment restructuring charges of $0.6 million during the year ended December 31, 2022, were primarily related to programs to
realign the organization and adjust our operations in response to current business conditions.
Activity and reserve balances for restructuring charges by segment were as follows:
(in millions)AmericasInternationalCorporateTotal
Reserve balances at January 1, 2022$3.3 $17.4 $0.3 $21.0 
Restructuring charges2.3 5.1 0.6 8.0 
Currency translation and other adjustments0.1 (1.3)— (1.2)
Cash payments / utilization(4.0)(8.4)(0.4)(12.8)
Reserve balances at December 31, 2022$1.7 $12.8 $0.5 $15.0 
Restructuring charges3.1 4.7 2.1 9.9 
Currency translation and other adjustments(0.1)0.1 — — 
Cash payments / utilization(3.9)(8.6)(2.6)(15.1)
Reserve balances at December 31, 2023$0.8 $9.0 $— $9.8 
Restructuring charges1.6 3.5 1.3 6.4 
Currency translation and other adjustments(0.1)(0.3)— (0.4)
Cash payments / utilization(2.1)(9.0)(1.3)(12.4)
Reserve balances at December 31, 2024$0.2 $3.2 $— $3.4 
Restructuring reserves at December 31, 2024 and 2023 are included in Other current liabilities in our Consolidated Balance Sheets.