XML 23 R12.htm IDEA: XBRL DOCUMENT v3.25.3
Restructuring Charges
9 Months Ended
Sep. 30, 2025
Restructuring and Related Activities [Abstract]  
Restructuring Charges Restructuring Charges
During the three and nine months ended September 30, 2025, we recorded nominal and $2.5 million of restructuring charges. Americas segment restructuring charges of $0.5 million during the nine months ended September 30, 2025, were related to initiatives to right-size the organization in response to macroeconomic conditions. International segment restructuring charges of $1.0 million during the nine months ended September 30, 2025, were primarily related to ongoing initiatives to optimize our manufacturing footprint and initiatives to right-size the organization in response to macroeconomic conditions. Corporate segment restructuring charges of $1.0 million during the nine months ended September 30, 2025, were related to initiatives to right-size the organization in response to macroeconomic conditions.
During the three and nine months ended September 30, 2024, we recorded restructuring charges of $1.2 million and $5.7 million. Americas segment restructuring charges of $1.3 million during the nine months ended September 30, 2024, were related to manufacturing footprint optimization activities. International segment restructuring charges of $3.2 million during the nine months ended September 30, 2024, were related to ongoing initiatives to optimize our manufacturing footprint and improve productivity as well as management restructuring. Corporate segment restructuring charges of $1.2 million during the nine months ended September 30, 2024, were related to management restructuring.
Restructuring reserves are included in Other current liabilities in the accompanying unaudited Condensed Consolidated Balance Sheets. Activity and reserve balances for restructuring by segment were as follows:
(In millions)AmericasInternationalCorporateTotal
Reserve balances at December 31, 2023$0.8 $9.0 $— $9.8 
Restructuring charges1.6 3.5 1.3 6.4 
Currency translation(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 charges0.5 1.0 1.0 2.5 
Currency translation— 0.4 — 0.4 
Cash payments(0.4)(2.2)(1.0)(3.6)
Reserve balances at September 30, 2025$0.3 $2.4 $— $2.7