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Restructuring Charges and Other Costs (Tables)
3 Months Ended
Mar. 31, 2024
Restructuring and Related Activities [Abstract]  
Schedule Of Restructuring Costs

The components of restructuring charges were as follows:

 

 

 

Three Months Ended March 31, 2024

 

(in thousands)

 

Americas

 

 

Asia

 

 

Europe

 

 

Total

 

Severance costs

 

$

2,617

 

 

$

371

 

 

$

 

 

$

2,988

 

Lease facility costs

 

 

 

 

 

 

 

 

 

 

 

 

Other exit costs

 

 

355

 

 

 

 

 

 

 

 

 

355

 

Total restructuring charges

 

$

2,972

 

 

$

371

 

 

$

 

 

$

3,343

 

Schedule Of Restructuring Reserves

The changes in the Company’s accrued restructuring costs were as follows:

 

(in thousands)

 

Balances as of
December 31,
2023

 

 

Restructuring
Charges

 

 

Cash
Payments

 

 

Non-Cash
Activity

 

 

Balances as of
March 31,
2024

 

Severance

 

$

35

 

 

$

2,988

 

 

$

(3,023

)

 

$

 

 

$

 

Lease facility costs

 

 

9

 

 

 

 

 

 

(1

)

 

 

 

 

 

8

 

Other exit costs

 

 

81

 

 

 

355

 

 

 

(436

)

 

 

 

 

 

 

Total accrued restructuring costs

 

$

125

 

 

$

3,343

 

 

$

(3,460

)

 

$

 

 

$

8