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Restructuring, Integration, and Other (Tables)
12 Months Ended
Dec. 31, 2024
Restructuring, Integration, and Other  
Schedule of components of the restructuring, integration, and other charges

(thousands)

    

2024

    

2023

    

2022

Restructuring, integration and related costs

Operating Expense Efficiency Plan costs (a)

$

10,279

$

$

Other plans

3,848

8,877

6,994

Other expenses

Operating expense reduction costs not related to restructuring initiatives (b)

84,510

19,077

(370)

Increases to environmental remediation liabilities (c)

756

23,336

2,544

Early lease termination costs

6,814

29,400

3,162

Consulting costs (d)

25,306

Other charges

 

11,404

 

3,226

 

1,411

$

142,917

$

83,916

$

13,741

(a)See details related to the Operating Expense Efficiency Plan discussed below.
(b)These costs are primarily related to the termination of personnel. As of December 31, 2024, the accrued liabilities related to these costs totaled $6.6 million and substantially all accrued amounts are expected to be spent in cash within one year.
(c)Refer to Note 15 for further discussion of environmental liabilities.
(d)Consulting costs are related to operating expense reduction costs not related to the restructuring initiative.
Operating Expense Efficiency Plan costs  
Restructuring, Integration, and Other  
Schedule of components of the restructuring, integration, and other charges

(thousands)

    

Income Statement line

    

Year Ended December 31, 2024

    

Total Cost Incurred to Date

Employee severance and benefit costs

Restructuring, integration, and other

$

1,348

$

1,348

Inventory write-downs  

Cost of sales

50,344

50,344

Asset impairments

Restructuring, integration, and other

1,416

1,416

Other costs (a)

Restructuring, integration, and other

7,515

7,515

$

60,623

$

60,623

(a)Other costs consist primarily of consulting and other professional fees and lease terminations.
Schedule of activity in the restructuring and integration accruals

(thousands)

    

Employee severance and benefit costs

    

Inventory write-downs and asset impairments

    

Other costs

    

Total

Balance at December 31, 2023

$

-

$

-

$

-

$

-

Restructuring related charges

1,348

51,760

7,515

60,623

Asset write-offs and other non-cash activity

-

(51,760)

(177)

(51,937)

Cash payments

(964)

-

(7,136)

(8,100)

Balance at December 31, 2024

$

384

$

-

$

202

$

586