Rationalization Charges (Tables)

6 Months Ended

Jun. 30, 2024

Restructuring and Related Activities [Abstract]

Activity in Rationalization Plan Reserves

Rationalization charges by segment were as follows:

	Three Months Ended				Six Months Ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
	(Dollars in thousands)
Dispensing and Specialty Closures	$	3,191	$	1,214	$	9,748	$	1,328
Metal Containers	2,493		1,453		6,077		5,356
Custom Containers	1,175		—		2,725		104
	$	6,859	$	2,667	$	18,550	$	6,788

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	5,580		11,397		1,573		18,550
Utilized and currency translation	(9,397)		(11,697)		(1,573)		(22,667)
Balance at June 30, 2024	$	29,738	$	165	$	—	$	29,903