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Restructuring (Tables) | 9 Months Ended
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Sep. 30, 2022
Restructuring and Related Activities [Abstract] |
Restructuring and Related Costs | The table below summarizes the activity related to the restructuring reserves across each of Clarivate's cost-saving programs.
Restructuring Programs |  | Severance and Related Benefit Costs |  | Costs Associated with Exit and Disposal Costs(1) |  | Total
Reserve Balance as of December 31, 2021 |  | $ | 28.3 |  |  | $ | 0.7 |  |  | $ | 29.0 |
Expenses recorded(2) |  | 10.3 |  |  | 1.4 |  |  | 11.7 |
Payments made |  | (23.7) |  |  | (0.5) |  |  | (24.2) |
Noncash items |  | (0.1) |  |  | 0.5 |  |  | 0.4 |
Reserve Balance as of March 31, 2022 |  | $ | 14.8 |  |  | $ | 2.1 |  |  | $ | 16.9 |
Expenses recorded(2) |  | 12.1 |  |  | 7.1 |  |  | 19.2 |
Payments made |  | (10.9) |  |  | (2.2) |  |  | (13.1) |
Noncash items |  | (2.5) |  |  | (5.9) |  |  | (8.4) |
Reserve Balance as of June 30, 2022 |  | $ | 13.5 |  |  | $ | 1.1 |  |  | $ | 14.6 |
Expenses recorded |  | 9.3 |  |  | 16.7 |  |  | 26.0 |
Payments made |  | (9.0) |  |  | (0.3) |  |  | (9.3) |
Noncash items |  | (1.1) |  |  | (17.2) |  |  | (18.3) |
Reserve Balance as of September 30, 2022 |  | $ | 12.7 |  |  | $ | 0.3 |  |  | $ | 13.0 |
Reserve Balance as of December 31, 2020 |  | $ | 25.7 |  |  | $ | 3.8 |  |  | $ | 29.5 |
Expenses recorded(2) |  | 22.2 |  |  | 45.7 |  |  | 67.9 |
Payments made |  | (15.9) |  |  | (4.2) |  |  | (20.1) |
Noncash items |  | (1.4) |  |  | (40.9) |  |  | (42.3) |
Reserve Balance as of March 31, 2021 |  | $ | 30.6 |  |  | $ | 4.4 |  |  | $ | 35.0 |
Expenses recorded(2) |  | 26.2 |  |  | 24.5 |  |  | 50.7 |
Payments made |  | (10.6) |  |  | (22.8) |  |  | (33.4) |
Asset Impairment Charge |  | — |  |  | (2.7) |  |  | (2.7) |
Reserve Balance as of June 30, 2021 |  | $ | 46.2 |  |  | $ | 3.4 |  |  | $ | 49.6 |
Expenses recorded |  | 2.7 |  |  | 4.4 |  |  | 7.1 |
Payments made |  | (13.7) |  |  | (2.0) |  |  | (15.7) |
Asset Impairment Charge |  | — |  |  | (0.8) |  |  | (0.8) |
Reserve Balance as of September 30, 2021 |  | $ | 35.2 |  |  | $ | 5.0 |  |  | $ | 40.2 |
(1) Relates primarily to lease exit costs and legal and advisory fees. Certain prior period amounts were revised for both the three months ended March 31, 2021 and June 30, 2021 to properly reflect certain cash payments previously omitted or classified as Noncash items.
(2) Expenses include the acceleration of phantom equity awards under the CPA Global Equity Plan that were held by employees whose employment was involuntarily terminated. These expenses will be paid in cash and are accounted for as a liability award.
The following table is a summary of charges incurred related to the Company's restructuring programs for the three and nine months ended September 30, 2022 and 2021.
| Three Months Ended September 30, |  |
| 2022 |  | 2021 |  |
Severance and related benefit costs | $ | 9.3 |  |  | $ | 2.7 |  |  |
Costs associated with exit and disposal activities(1) | 0.1 |  |  | 3.4 |  |  |
Costs associated with lease exit costs including impairment(2) | 16.6 |  |  | 1.0 |  |  |
Total restructuring and impairment | $ | 26.0 |  |  | $ | 7.1 |  |  |
| Nine Months Ended September 30, |  |
| 2022 |  | 2021 |  |
Severance and related benefit costs | $ | 31.8 |  |  | $ | 51.2 |  |  |
Costs associated with exit and disposal activities(1) | 2.1 |  |  | 5.6 |  |  |
Costs associated with lease exit costs including impairment(2) | 23.0 |  |  | 68.9 |  |  |
Total restructuring and impairment | $ | 56.9 |  |  | $ | 125.7 |  |  |
(1) Relates primarily to contract exit costs, legal and advisory fees. |  |
(2) Relates primarily to lease exit costs. |  |
Lease Impairments The Company evaluates long-lived assets for indicators of impairment when events or changes in circumstances indicate that the carrying amount may not be recoverable. The Company considers a triggering event to have occurred upon exiting a facility if the expected undiscounted cash flows for the sublease period are less than the carrying value of the assets group. An impairment charge is recorded in the excess of each operating lease ROU asset's carrying amount over its estimated fair value. In connection with the Company's digital workplace transformation initiative to enable colleagues to work remotely, the Company ceased the use of select leased sites during the nine months ended September 30, 2022 and 2021. As a result, the Company recorded a non-cash impairment charge to restructuring and impairment within the Condensed Consolidated Statement of Operations based on the estimate of future recoverable cash flows of $16.1 and $0.8 for the three months ended September 30, 2022 and 2021, respectively, and $22.3 and $51.0 for the nine months ended September 30, 2022 and 2021, respectively. Additionally, the Company incurred $0.0 and $0.2 in lease termination fees during the three months ended September 30, 2022 and 2021, respectively, and $0.4 and $3.3 during the nine months ended September 30, 2022 and 2021, respectively.

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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