Restructuring	9 Months Ended
Sep. 30, 2024
Restructuring and Related Activities [Abstract]
Restructuring	4. Restructuring On August 1, 2024, the Company announced the consolidation of its Atlantic, Iowa rotational molding facility into other rotational molding facilities to reduce the Company's overall footprint and cost structure within the Material Handling segment. Total restructuring costs incurred related to the facility consolidation were approximately $1.2 million during the quarter and nine months ended September 30, 2024, which includes inventory and other asset write downs, facility costs and employee severance related to the consolidation, that were recorded within both Cost of sales and Selling, general and administrative. Accrued and unpaid restructuring expenses were not significant at September 30, 2024. Production is expected to phase out through early 2025, and remaining costs to complete the consolidation are expected to be approximately $1.0 million, to be incurred through 2025 related primarily to machine moves, idled facility costs and remaining employee severance. On May 29, 2024, the Company announced a restructuring plan to improve the Company’s organizational structure and operational efficiency within the Distribution Segment, which related primarily to planned facility consolidations and associated activities to simplify its distribution network and improve service by reducing complexity. Total restructuring costs incurred related to these actions during the quarter and nine months ended September 30, 2024, were approximately $0.2 million and $1.0 million, respectively, which includes inventory write-downs, employee severance and other facility costs related to the consolidations, which were recorded within both Cost of sales and Selling, general and administrative. Accrued and unpaid restructuring expenses were not significant at September 30, 2024 and remaining costs to complete the consolidations are expected to be approximately $1.1 million, to be incurred through 2028 related primarily to idled lease facility and maintenance costs. In conjunction with the Company's previously announced Ameri-Kart plan the Company incurred $2.3 million of restructuring charges during the nine months ended September 30, 2024, and $0.2 million and $0.7 million of restructuring charges during the quarter and nine months ended September 30, 2023, respectively, which were recorded within both Cost of sales and Selling, general and administrative. On May 7, 2024, the Company entered into a termination agreement to exit the idled lease facility, in conjunction with the Ameri-Kart plan, for which the original lease extended through 2026 and a termination payment of $1.8 million was recorded to satisfy all remaining obligations under the original lease. The Ameri-Kart plan is now complete and there were no remaining accrued and unpaid restructuring expenses at September 30, 2024 or December 31, 2023. Charges from other restructuring initiatives to reduce overhead costs during the quarter and nine months ended September 30, 2024 totaled $0.6 million and $0.8 million, which were recorded within both Cost of sales and Selling, general and administrative. Severance charges from other restructuring initiatives to reduce overhead costs during the quarter and nine months ended September 30, 2023 totaled $1.1 million and $1.5 million, respectively, which were recorded within Selling, general and administrative.

Restructuring

9 Months Ended

Sep. 30, 2024

Restructuring and Related Activities [Abstract]

4. Restructuring

On August 1, 2024, the Company announced the consolidation of its Atlantic, Iowa rotational molding facility into other rotational molding facilities to reduce the Company's overall footprint and cost structure within the Material Handling segment. Total restructuring costs incurred related to the facility consolidation were approximately $1.2 million during the quarter and nine months ended September 30, 2024, which includes inventory and other asset write downs, facility costs and employee severance related to the consolidation, that were recorded within both Cost of sales and Selling, general and administrative. Accrued and unpaid restructuring expenses were not significant at September 30, 2024. Production is expected to phase out through early 2025, and remaining costs to complete the consolidation are expected to be approximately $1.0 million, to be incurred through 2025 related primarily to machine moves, idled facility costs and remaining employee severance.

On May 29, 2024, the Company announced a restructuring plan to improve the Company’s organizational structure and operational efficiency within the Distribution Segment, which related primarily to planned facility consolidations and associated activities to simplify its distribution network and improve service by reducing complexity. Total restructuring costs incurred related to these actions during the quarter and nine months ended September 30, 2024, were approximately $0.2 million and $1.0 million, respectively, which includes inventory write-downs, employee severance and other facility costs related to the consolidations, which were recorded within both Cost of sales and Selling, general and administrative. Accrued and unpaid restructuring expenses were not significant at September 30, 2024 and remaining costs to complete the consolidations are expected to be approximately $1.1 million, to be incurred through 2028 related primarily to idled lease facility and maintenance costs.

In conjunction with the Company's previously announced Ameri-Kart plan the Company incurred $2.3 million of restructuring charges during the nine months ended September 30, 2024, and $0.2 million and $0.7 million of restructuring charges during the quarter and nine months ended September 30, 2023, respectively, which were recorded within both Cost of sales and Selling, general and administrative. On May 7, 2024, the Company entered into a termination agreement to exit the idled lease facility, in conjunction with the Ameri-Kart plan, for which the original lease extended through 2026 and a termination payment of $1.8 million was recorded to satisfy all remaining obligations under the original lease. The Ameri-Kart plan is now complete and there were no remaining accrued and unpaid restructuring expenses at September 30, 2024 or December 31, 2023.

Charges from other restructuring initiatives to reduce overhead costs during the quarter and nine months ended September 30, 2024 totaled $0.6 million and $0.8 million, which were recorded within both Cost of sales and Selling, general and administrative. Severance charges from other restructuring initiatives to reduce overhead costs during the quarter and nine months ended September 30, 2023 totaled $1.1 million and $1.5 million, respectively, which were recorded within Selling, general and administrative.