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Restructuring (Tables)
12 Months Ended
Dec. 31, 2025
Restructuring and Related Activities [Abstract]  
Summary of Restructuring Charges

The restructuring charges noted above for the years ended December 31, 2025, 2024 and 2023 are presented in the Consolidated Statements of Operations as follows:

 

 

For the Year Ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

Segment

 

Cost of
Sales

 

 

SG&A and Other (1)

 

 

Total

 

 

Cost of
Sales

 

 

SG&A

 

 

Total

 

 

Cost of
Sales

 

 

SG&A

 

 

Total

 

Material Handling

 

$

2,347

 

 

$

1,555

 

 

$

3,902

 

 

$

3,492

 

 

$

375

 

 

$

3,867

 

 

$

829

 

 

$

627

 

 

$

1,456

 

Distribution

 

 

 

 

 

3,051

 

 

 

3,051

 

 

 

514

 

 

 

888

 

 

 

1,402

 

 

 

 

 

 

914

 

 

 

914

 

Corporate

 

 

 

 

 

4,209

 

 

 

4,209

 

 

 

 

 

 

2,271

 

 

 

2,271

 

 

 

 

 

 

166

 

 

 

166

 

Total

 

$

2,347

 

 

$

8,815

 

 

$

11,162

 

 

$

4,006

 

 

$

3,534

 

 

$

7,540

 

 

$

829

 

 

$

1,707

 

 

$

2,536

 

(1) Amounts included in SG&A and Other, for the year ended December 31, 2025 include a $1.0 million charge related to the facility consolidations, discussed above, that is classified within (Gain) loss on disposal of fixed assets on the Consolidated Statements of Operations.

Summary of Restructuring Liabilities

Restructuring liabilities are included in other current liabilities on the Consolidated Balance Sheets. The change in other current liabilities for the year ended December 31, 2025 was as follows:

 

 

 

Employee
Reduction

 

 

Facility Consolidations

 

 

Other Exit Costs (1)

 

 

Total

 

Balance at December 31, 2024

 

$

 

 

$

 

 

$

962

 

 

$

962

 

Charges to expense

 

 

1,794

 

 

 

4,685

 

 

 

4,683

 

 

 

11,162

 

Cash payments

 

 

(1,928

)

 

 

(3,348

)

 

 

(4,880

)

 

 

(10,156

)

Non-cash activity

 

 

171

 

 

 

(1,004

)

 

 

 

 

 

(833

)

Balance at December 31, 2025

 

$

37

 

 

$

333

 

 

$

765

 

 

$

1,135

 

(1) Other exit costs consist primarily of executive transition and other related costs.