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RESTRUCTURING INITIATIVES
 9 Months Ended
Sep. 30, 2025
Restructuring and Related Activities [Abstract]  
RESTRUCTURING INITIATIVES RESTRUCTURING INITIATIVES
For the three and nine months ended September 30, 2025, we recognized $2.2 million and $5.8 million, respectively, of restructuring costs related to our initiatives to better leverage our fixed cost base through growth and cost reduction measures. For the three and nine months ended September 30, 2024, we recognized $3.9 million and $9.7 million of restructuring costs related to these initiatives, respectively. The cumulative expense incurred as of September 30, 2025 was $70.5 million.
As of September 30, 2025, we have recorded the following activity associated with our optimization initiatives:
Beginning Reserve at December 31, 2024
Net Charges for the Nine Months Ended September 30, 2025
Cash PaidInterest and
FX Impact		Ending Reserve at September 30, 2025
Employee severance$9,161 $1,398 $(4,594)$693 $6,658 
Professional fees and other costs796 4,391 (4,690)7 504 
Totals$9,957 $5,789 $(9,284)$700 $7,162 
As of September 30, 2024, we have recorded the following activity associated with our optimization initiatives:
Beginning Reserve at December 31,
2023
Net Charges for the Nine Months Ended September 30, 2024
Cash PaidInterest and
FX Impact		Ending Reserve at September 30, 2024
Employee severance$27,078 $6,003 $(15,321)$38 $17,798 
Professional fees and other costs2,810 3,673 (3,560)36 2,959 
Totals$29,888 $9,676 $(18,881)$74 $20,757 
During the three months ended September 30, 2024, pension curtailment accounting was triggered as a result of restructuring in one of our entities in Europe. The remeasurement of the pension obligations resulted in a decrease of $1.9 million. The curtailment gain is included in the line miscellaneous income (expense), net in the Condensed Consolidated Statements of Income.