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Restructuring
6 Months Ended
Jun. 30, 2024
Restructuring and Related Activities [Abstract]  
Restructuring

Note 12 — Restructuring

 

We recognized restructuring charges of $0.2 million and $1.4 million for the quarter and six months ended June 30, 2024, respectively, primarily related to severance. Anticipated future cash payments as of June 30, 2024 were $1.4 million.

 

 

 

 

 

 

Activity for the Quarter Ended June 30, 2024

 

 

 

 

 

March 31,

 

 

Restructuring

 

 

 

 

 

Cash

 

 

 

 

 

June 30,

 

(In Millions)

2024

 

 

Charge

 

 

FX Impact

 

 

Paid

 

 

Non-Cash

 

 

2024

 

Employee termination

$

1.9

 

 

$

0.2

 

 

$

0.1

 

 

$

(0.8

)

 

$

 

 

$

1.4

 

Impairment and other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

$

1.9

 

 

$

0.2

 

 

$

0.1

 

 

$

(0.8

)

 

$

 

 

$

1.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Activity for the Six Months Ended June 30, 2024

 

 

 

 

 

December 31,

 

 

Restructuring

 

 

 

 

 

Cash

 

 

 

 

 

June 30,

 

(In Millions)

2023

 

 

Charge

 

 

FX Impact

 

 

Paid

 

 

Non-Cash

 

 

2024

 

Employee termination

$

1.2

 

 

$

1.4

 

 

$

 

 

$

(1.2

)

 

$

 

 

$

1.4

 

Impairment and other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

$

1.2

 

 

$

1.4

 

 

$

 

 

$

(1.2

)

 

$

 

 

$

1.4