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Restructuring Charges and Other Costs (Tables)
12 Months Ended
Dec. 31, 2023
Restructuring and Related Activities [Abstract]  
Schedule Of Restructuring Costs

The components of restructuring charges during 2023 were as follows:

 

 

 

Year Ended December 31, 2023

 

(in thousands)

 

Americas

 

 

Asia

 

 

Europe

 

 

Total

 

Severance costs

 

$

4,226

 

 

$

 

 

$

282

 

 

$

4,508

 

Lease facility costs

 

 

176

 

 

 

 

 

 

 

 

 

176

 

Other exit costs

 

 

2,640

 

 

 

 

 

 

3

 

 

 

2,643

 

Total restructuring charges

 

$

7,042

 

 

$

 

 

$

285

 

 

$

7,327

 

The components of restructuring charges during 2022 were as follows:

 

 

 

Year Ended December 31, 2022

 

(in thousands)

 

Americas

 

 

Asia

 

 

Europe

 

 

Total

 

Severance costs

 

$

2,298

 

 

$

130

 

 

$

 

 

$

2,428

 

Lease facility costs

 

 

1,261

 

 

 

 

 

 

 

 

 

1,261

 

Other exit costs

 

 

2,021

 

 

 

 

 

 

 

 

 

2,021

 

Total restructuring charges

 

$

5,580

 

 

$

130

 

 

$

 

 

$

5,710

 

The components of restructuring charges during 2021 were as follows:

 

 

 

Year Ended December 31, 2021

 

(in thousands)

 

Americas

 

 

Asia

 

 

Europe

 

 

Total

 

Severance costs

 

$

4,084

 

 

$

46

 

 

$

 

 

$

4,130

 

Lease facility costs

 

 

2,581

 

 

 

164

 

 

 

 

 

 

2,745

 

Other exit costs

 

 

2,470

 

 

 

 

 

 

 

 

 

2,470

 

Total restructuring charges

 

$

9,135

 

 

$

210

 

 

$

 

 

$

9,345

 

Schedule Of Restructuring Reserves

The following table summarizes the 2023 activity in accrued restructuring costs:

 

(in thousands)

 

Balances as of
December 31,
2022

 

 

Restructuring
Charges

 

 

Cash
Payments

 

 

Non-Cash
Activity

 

 

Balances as of
December 31,
2023

 

Severance

 

$

3,683

 

 

$

4,508

 

 

$

(8,156

)

 

$

 

 

$

35

 

Lease facility costs

 

 

17

 

 

 

176

 

 

 

(184

)

 

 

 

 

 

9

 

Other exit costs

 

 

81

 

 

 

2,643

 

 

 

(2,643

)

 

 

 

 

 

81

 

Total accrued restructuring costs

 

$

3,781

 

 

$

7,327

 

 

$

(10,983

)

 

$

 

 

$

125

 

The following table summarizes the 2022 activity in accrued restructuring costs:

 

(in thousands)

 

Balances as of
December 31,
2021

 

 

Restructuring
Charges

 

 

Cash
Payments

 

 

Non-Cash
Activity

 

 

Balances as of
December 31,
2022

 

Severance

 

$

3,257

 

 

$

2,428

 

 

$

(1,713

)

 

$

(289

)

 

$

3,683

 

Lease facility costs

 

 

17

 

 

 

1,261

 

 

 

(1,261

)

 

 

 

 

 

17

 

Other exit costs

 

 

237

 

 

 

2,021

 

 

 

(2,056

)

 

 

(121

)

 

 

81

 

Total accrued restructuring costs

 

$

3,511

 

 

$

5,710

 

 

$

(5,030

)

 

$

(410

)

 

$

3,781

 

The following table summarizes the 2021 activity in accrued restructuring costs:

 

(in thousands)

 

Balances as of
December 31,
2020

 

 

Restructuring
Charges

 

 

Cash
Payments

 

 

Non-Cash
Activity

 

 

Balances as of
December 31,
2021

 

Severance

 

$

3,996

 

 

$

4,130

 

 

$

(4,685

)

 

$

(184

)

 

$

3,257

 

Lease facility costs

 

 

50

 

 

 

2,745

 

 

 

(2,618

)

 

 

(160

)

 

 

17

 

Other exit costs

 

 

408

 

 

 

2,470

 

 

 

(2,252

)

 

 

(389

)

 

 

237

 

Total accrued restructuring costs

 

$

4,454

 

 

$

9,345

 

 

$

(9,555

)

 

$

(733

)

 

$

3,511