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Exit Activity Costs and Asset Impairments
 6 Months Ended
Jun. 30, 2025
Restructuring and Related Activities [Abstract]  
EXIT ACTIVITY COSTS AND ASSET IMPAIRMENTS EXIT ACTIVITY COSTS AND ASSET IMPAIRMENTS
The Company periodically undertakes restructuring initiatives as part of its focus to improve operating performance and optimize its business portfolio. These initiatives have led to outsourcing or discontinuing low-volume, low margin products, selling or exiting less profitable businesses or product lines, or reorganizing the Company's manufacturing footprint. As a result, the Company has incurred costs related to discrete restructuring events for moving and closing facilities, severance and inventory write-downs during the six months ended June 30, 2025.
The following tables set forth the exit activity costs and asset impairment charges (recoveries) incurred by segment related to the restructuring activities described above (in thousands):
Three Months Ended
June 30,
20252024
Exit ActivityAsset ImpairmentTotalExit ActivityAsset ImpairmentTotal
Residential$1,218 $— $1,218 $145 $— $145 
Agtech207 157 364 11 — 11 
Infrastructure— — — — — — 
Corporate— — — 4 — 4 
Total$1,425 $157 $1,582 $160 $— $160 
Six Months Ended
June 30,
20252024
Exit ActivityAsset ImpairmentTotalExit ActivityAsset ImpairmentTotal
Residential$2,355 $— $2,355 $145 $(72)$73 
Agtech275 157 432 149 — 149 
Infrastructure— — — — — — 
Corporate31 — 31 4 — 4 
Total$2,661 $157 $2,818 $298 $(72)$226 
The following table provides a summary of where the exit activity costs and asset impairments were recorded in the consolidated statements of income (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2025202420252024
Cost of sales$346 $11 $580 $(61)
Selling, general, and administrative expense1,236 149 2,238 287 
Total exit activity and asset impairment charges $1,582 $160 $2,818 $226 
The following table reconciles the beginning and ending liability for exit activity costs recorded in current accrued expenses on the consolidated balance sheets relating to the Company’s restructuring efforts (in thousands):
20252024
Balance at January 1$121 $23 
Exit activity costs recognized2,661 298 
Cash payments(2,256)(176)
Balance at June 30$526 $145