Rationalization Charges (Tables)

3 Months Ended

Mar. 31, 2024

Restructuring and Related Activities [Abstract]

Activity in Rationalization Plan Reserves

Rationalization charges by segment for the three months ended March 31 were as follows:

	2024		2023
	(Dollars in thousands)
Dispensing and Specialty Closures	$	6,557	$	114
Metal Containers	3,584		3,903
Custom Containers	1,550		104
	$	11,691	$	4,121

Activity in reserves for our rationalization plans were as follows:

	Employee Severance and Benefits		Plant Exit Costs		Non-Cash Asset Write-Down		Total
	(Dollars in thousands)
Balance at December 31, 2023	$	33,555	$	465	$	—	$	34,020
Charged to expense	4,088		7,255		348		11,691
Utilized and currency translation	(4,229)		(7,555)		(348)		(12,132)
Balance at March 31, 2024	$	33,414	$	165	$	—	$	33,579