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DOTDASH MEREDITH RESTRUCTURING CHARGES TRANSACTION-RELATED EXPENSES (Tables) | 6 Months Ended
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Jun. 30, 2023
Restructuring and Related Activities [Abstract] |
Schedule of Restructuring and Remaining Costs | A summary of the costs incurred, payments and related accruals is presented below. The Company anticipates the estimated remaining costs associated with the 2022 restructuring events will be paid by December 31, 2023 from existing cash on hand.
|  |  | Six Months Ended June 30, 2023 |  |  |  |  |  |
| Accrued December 31, 2022 |  | Charges Incurred |  | Reversal of Initial Cost |  | Payments |  |  |  | Accrued June 30, 2023 |  | Cumulative Charges Incurred |  | Estimated Remaining Costs
| (In thousands)
Digital | $ | 10,950 |  |  | $ | 1,291 |  |  | $ | (954) |  |  | $ | (8,081) |  |  |  |  | $ | 3,206 |  |  | $ | 39,562 |  |  | $ | — |
Print | 12,055 |  |  | 983 |  |  | (1,492) |  |  | (7,226) |  |  |  |  | 4,320 |  |  | 32,923 |  |  | 58 |
Other (a) | 4,389 |  |  | 620 |  |  | (264) |  |  | (3,077) |  |  |  |  | 1,668 |  |  | 7,937 |  |  | 58 |
Total | $ | 27,394 |  |  | $ | 2,894 |  |  | $ | (2,710) |  |  | $ | (18,384) |  |  |  |  | $ | 9,194 |  |  | $ | 80,422 |  |  | $ | 116 |
_____________________ (a) Other comprises unallocated corporate expenses, which are corporate overhead expenses not attributable to the Digital or Print segments.
|  |  | Six Months Ended June 30, 2022 |  |
|  |  | Charges Incurred |  |  |  | Payments |  | Non-cash (b) |  | Accrued June 30, 2022
|  |  | (In thousands)
Digital |  |  | $ | 7,181 |  |  |  |  | $ | (2,972) |  |  | $ | — |  |  | $ | 4,209 |
Print |  |  | 24,360 |  |  |  |  | (10,457) |  |  | (425) |  |  | 13,478 |
Other (a) |  |  | 4,548 |  |  |  |  | (780) |  |  | — |  |  | 3,768 |
Total |  |  | $ | 36,089 |  |  |  |  | $ | (14,209) |  |  | $ | (425) |  |  | $ | 21,455 |
_____________________ (b) Includes $0.4 million related to the write-off of inventory.
Schedule of Restructuring Cost Allocation | The costs are allocated as follows in the statement of operations:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
| (In thousands)
Cost of revenue | $ | 142 |  |  | $ | 4,419 |  |  | $ | 699 |  |  | $ | 16,601 |
Selling and marketing expense | 321 |  |  | 4,016 |  |  | (541) |  |  | 9,615 |
General and administrative expense | (180) |  |  | 4,545 |  |  | 63 |  |  | 8,858 |
Product development expense | (58) |  |  | 672 |  |  | (37) |  |  | 1,015 |
Total | $ | 225 |  |  | $ | 13,652 |  |  | $ | 184 |  |  | $ | 36,089 |

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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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
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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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
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