Rationalization Charges (Tables)

9 Months Ended

Sep. 30, 2024

Restructuring and Related Activities [Abstract]

Activity in Rationalization Plan Reserves

Rationalization charges by segment were as follows:

	Three Months Ended				Nine Months Ended
	Sept. 30, 2024		Sept. 30, 2023		Sept. 30, 2024		Sept. 30, 2023
	(Dollars in thousands)
Dispensing and Specialty Closures	$	9,835	$	3,836	$	19,583	$	5,164
Metal Containers	7,850		2,588		13,927		7,944
Custom Containers	1,798		—		4,523		104
	$	19,483	$	6,424	$	38,033	$	13,212

Activity in reserves for our rationalization plans were as follows:

	Employee Severance and Benefits		Plant Exit Costs		Non-Cash Asset Write-Downs		Total
	(Dollars in thousands)
Balance at December 31, 2023	$	33,555	$	465	$	—	$	34,020
Charged to expense	6,723		19,942		11,368		38,033
Utilized and currency translation	(10,842)		(20,407)		(11,368)		(42,617)
Balance at September 30, 2024	$	29,436	$	—	$	—	$	29,436