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Restructuring and Related Activities | 9 Months Ended
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Sep. 30, 2025
Restructuring and Related Activities [Abstract] |
Restructuring and Related Activities Disclosure | RESTRUCTURING AND BUSINESS TRANSFORMATION In August 2025, the Company announced a multi-year productivity plan (the “Plan”). The Plan includes several initiatives that are intended to drive sustainable growth, improve operating leverage, and amplify the Company’s ability to invest in innovation and serve more patients. These savings are expected to primarily come from general and administrative efficiencies, that in addition to restructuring certain support functions globally, include external spend optimization, and building more automation in core operations. The Company began incurring insignificant charges related to the business transformation efforts in 2024, primarily related to consulting services. The Company currently expects to incur additional business transformation costs of approximately $20 million through the completion of certain initiatives already underway, which are expected to be completed by the fourth quarter of 2026. The Company continues to pursue cost savings initiatives, and to the extent further cost saving initiatives are identified, the Company could incur additional charges to implement those business transformation initiatives in future periods. The Company recorded the following charges related to the Plan for the three and nine months ended September 30, 2025.
(In thousands) |  | Three Months Ended |  | Nine Months Ended
Restructuring charges |  | $ | 15,289 |  |  | $ | 26,388 |
Business transformation costs (1) |  | 17,291 |  |  | 46,220 |
Total restructuring and business transformation |  | $ | 32,580 |  |  | $ | 72,608 |
______________ (1)Business transformation costs represent non-recurring expenses for strategic projects with anticipated long-term benefits to the Company focused on cost reduction and productivity improvement that do not meet the definition of restructuring charges. For the three and nine months ended September 30, 2025, these costs primarily include consulting services, and employee termination benefits. The restructuring charges were recorded as follows within the condensed consolidated statement of operations:
|  | Three Months Ended September 30, 2025
|  | Cost of sales |  | Research and development |  | Sales and marketing |  | General and administrative |  | Total
Employee termination costs |  | $ | — |  |  | $ | 74 |  |  | $ | 483 |  |  | $ | 13,139 |  |  | $ | 13,696 |
Other costs |  | — |  |  | — |  |  | — |  |  | 1,593 |  |  | 1,593 |
Total restructuring charges |  | $ | — |  |  | $ | 74 |  |  | $ | 483 |  |  | $ | 14,732 |  |  | $ | 15,289 |
|  | Nine Months Ended September 30, 2025
|  | Cost of sales |  | Research and development |  | Sales and marketing |  | General and administrative |  | Total
Employee termination costs |  | $ | 85 |  |  | $ | 554 |  |  | $ | 3,154 |  |  | $ | 15,139 |  |  | $ | 18,932 |
Other costs |  | — |  |  | — |  |  | — |  |  | 7,456 |  |  | 7,456 |
Total restructuring charges |  | $ | 85 |  |  | $ | 554 |  |  | $ | 3,154 |  |  | $ | 22,595 |  |  | $ | 26,388 |
The following table summarizes activity in the liability related to the Company’s restructuring initiatives:
(In thousands) |  | Employee Termination Costs |  | Other Costs |  | Total
Balance, December 31, 2024 |  | $ | — |  |  | $ | — |  |  | $ | — |
Charges |  | 18,932 |  |  | 7,456 |  |  | 26,388 |
Payments |  | (3,176) |  |  | (6,590) |  |  | (9,766) |
Adjustments (1) |  | 533 |  |  | — |  |  | 533 |
Balance, September 30, 2025 |  | $ | 16,289 |  |  | $ | 866 |  |  | $ | 17,155 |
______________ (1)Adjustments relate to the effects of foreign currency exchange rates. The Company does not expect to incur additional significant costs related to this restructuring. Substantially all of the cash payments for the liability are expected to be disbursed by mid 2026.

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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 -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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