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Restructuring and Related Activities (Tables)

3 Months Ended

Mar. 31, 2023

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs

A summary of the restructuring charges recognized is presented below (in thousands):

			Three Months Ended March 31,
			2023
Severance(1)			$	3,138
Other personnel expenses(1)			460
Other selling, general, and administrative expenses(2)			124
Total			$	3,722

________________________________ 

(1) Amounts are included within personnel expenses in our consolidated statements of operations.

(2) Amounts are included within other selling, general, and administrative expenses in our consolidated statements of operations.

The following table summarizes restructuring charges by reportable segment for the three months ended March 31, 2023 (dollars in thousands):

			NAST						Global Forwarding						All Other and Corporate						Consolidated
Personnel expenses			$	829					$	1,538					$	1,231					$	3,598
Other selling, general, and administrative expenses			—						124						—						124

Schedule of Restructuring Reserve by Type of Cost

The following table summarizes activity related to our restructuring initiatives and reserves included in our consolidated balance sheets as of December 31, 2022 and March 31, 2023:

			Accrued Severance and Other Personnel Expenses						Accrued Other Selling, General, and Administrative Expenses									Total
Balance, December 31, 2022			$	18,976					$	—								$	18,976
Restructuring charges			3,598						124									3,722
Cash payments			(15,178)						—									(15,178)
Accrual adjustments(1)			5						—									5
Balance, March 31, 2023			$	7,401					$	124								$	7,525

________________________________ 

(1) Accrual adjustments primarily relate to changes in estimates for certain employee termination costs, including those settling for an amount different than originally estimated and foreign currency adjustments.

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- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 1
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- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
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