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Project Summit | 12 Months Ended
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Dec. 31, 2021
Restructuring and Related Activities [Abstract] |
Project Summit | 13. PROJECT SUMMIT In October 2019, we announced Project Summit, our global program designed to better position us for future growth and achievement of our strategic objectives. We expanded Project Summit during the first quarter of 2020 to include additional opportunities to streamline our business and operations, as well as accelerated the timing of certain opportunities previously identified. As of December 31, 2021, we have completed Project Summit. As a result of the program we have simplified our global structure, rebalanced resources to focus on higher growth areas, realigned our management structure to create a more dynamic, agile organization, made investments to enhance the customer experience and leveraged new technology solutions that enabled us to modernize our service delivery model and more efficiently utilize our fleet, labor and real estate. The implementation of Project Summit resulted in total operating expenditures ("Restructuring Charges") of approximately $450,000 that primarily consisted of: (1) employee severance costs; (2) internal costs associated with the development and implementation of Project Summit initiatives; (3) professional fees, primarily related to third party consultants who assisted with the design and execution of various initiatives as well as project management activities and (4) system implementation and data conversion costs. Restructuring Charges included in the accompanying Consolidated Statement of Operations for the years ended December 31, 2021, 2020 and 2019, and from the inception of Project Summit through December 31, 2021, are as follows:
|  | YEAR ENDED DECEMBER 31, 2021 |  | YEAR ENDED DECEMBER 31, 2020 |  | YEAR ENDED DECEMBER 31, 2019 |  | FROM INCEPTION OF PROJECT SUMMIT THROUGH DECEMBER 31, 2021
Employee severance costs |  | $ | 22,809 |  |  | $ | 47,349 |  |  | $ | 20,850 |  |  | $ | 91,008 |
Professional fees and other costs |  | 183,617 |  |  | 147,047 |  |  | 27,747 |  |  | 358,411 |
Restructuring Charges |  | $ | 206,426 |  |  | $ | 194,396 |  |  | $ | 48,597 |  |  | $ | 449,419 |
Restructuring Charges included in the accompanying Consolidated Statement of Operations by segment for the years ended December 31, 2021, 2020 and 2019, and from inception of Project Summit through December 31, 2021, are as follows:
|  | YEAR ENDED DECEMBER 31, 2021 |  | YEAR ENDED DECEMBER 31, 2020 |  | YEAR ENDED DECEMBER 31, 2019 |  | FROM INCEPTION OF PROJECT SUMMIT THROUGH DECEMBER 31, 2021
Global RIM Business |  | $ | 59,033 |  |  | $ | 67,140 |  |  | $ | 21,900 |  |  | $ | 148,073 |
Global Data Center Business |  | 3,062 |  |  | 1,632 |  |  | 306 |  |  | 5,000 |
Corporate and Other Business |  | 144,331 |  |  | 125,624 |  |  | 26,391 |  |  | 296,346 |
Restructuring Charges |  | $ | 206,426 |  |  | $ | 194,396 |  |  | $ | 48,597 |  |  | $ | 449,419 |
A rollforward of the accrued Restructuring Charges, which is included as a component of Accrued expenses and other current liabilities in our Consolidated Balance Sheet from the inception of Project Summit through December 31, 2021 is as follows:
|  | EMPLOYEE SEVERANCE COSTS |  | PROFESSIONAL FEES AND OTHER |  | TOTAL ACCRUED RESTRUCTURING CHARGES
Inception of Project Summit |  | $ | — |  |  | $ | — |  |  | $ | — |
Amounts accrued |  | 20,850 |  |  | 27,747 |  |  | 48,597 |
Payments |  | (16,027) |  |  | (14,793) |  |  | (30,820) |
Balance as of December 31, 2019 |  | 4,823 |  |  | 12,954 |  |  | 17,777 |
Amounts accrued |  | 47,349 |  |  | 147,047 |  |  | 194,396 |
Payments |  | (32,455) |  |  | (136,222) |  |  | (168,677) |
Other, including currency translation adjustments |  | (3,439) |  |  | (4) |  |  | (3,443) |
Balance as of December 31, 2020 |  | $ | 16,278 |  |  | $ | 23,775 |  |  | $ | 40,053 |
Amounts accrued |  | 22,809 |  |  | 183,617 |  |  | 206,426 |
Payments |  | (29,956) |  |  | (199,664) |  |  | (229,620) |
Other, including currency translation adjustments |  | 2,858 |  |  | — |  |  | 2,858 |
Balance as of December 31, 2021 |  | $ | 11,989 |  |  | $ | 7,728 |  |  | $ | 19,717 |

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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