Restructuring charges are reported as a separate line within operating earnings in the Condensed Consolidated Statements of Earnings.

Total restructuring charges are as follows:


	Three Months Ended
	June 30, 2024		June 30, 2023
Restructuring charges	$	1,190	$	1,895


	Six Months Ended
	June 30, 2024		June 30, 2023
Restructuring charges	$	2,884	$	2,807

In September 2020, we initiated a restructuring plan focused on optimizing our manufacturing footprint and improving operational efficiency by better utilizing our systems capabilities (the “September 2020 Plan”). This plan includes transitioning certain administrative functions to a shared service center, realignment of manufacturing locations, and certain other efficiency improvement actions. The restructuring cost of the September 2020 Plan is estimated to be in the range of $4,100 to $4,200, including workforce reduction charges, building and equipment relocation charges and other contract and asset-related costs. We have incurred $4,024 in program costs to date. During the three months ended June 30, 2024, we recorded $112 in restructuring charges comprised of building and equipment relocation charges. During the six months ended June 30, 2024, we recorded $128 in restructuring charges, comprised of $7 and $121 in workforce reduction and building and equipment relocation charges, respectively. The total restructuring liability associated with these actions was $100 as of June 30, 2024. The total restructuring liability associated with these actions was $83 as of December 31, 2023.

During the first quarter of 2023, we announced the shutdown of our Juarez manufacturing facility. As a part of this activity, operations from the Juarez plant are being consolidated into our expanded Matamoros facility (collectively, the “Matamoros Consolidation”). The Matamoros Consolidation is substantially complete as of June 30, 2024 with remaining activity expected to be completed later this year. The total restructuring cost of the Matamoros Consolidation is now estimated to be in the range of $5,100 and $5,500, including workforce reduction charges, building and equipment relocation charges and other contract and asset-related costs. The total restructuring costs incurred as part of the Matamoros Consolidation are $5,009 to date.

During the three months ended June 30, 2024, we incurred $322 in restructuring charges associated with the Matamoros Consolidation, comprised of $55, $135, and $132 in workforce reduction, building and equipment relocation costs and asset impairment and other

charges, respectively. During the six months ended June 30, 2024, we incurred $1,310 in restructuring costs associated with the Matamoros Consolidation, comprised of $270, $885, and $155 in workforce reduction, building and equipment relocation costs and asset impairment and other charges, respectively. The restructuring liability associated with the Matamoros Consolidation was $54 and $194 as of June 30, 2024 and December 31, 2023, respectively.

In addition to these charges, we have incurred an additional $1,268 of other costs relating to the Matamoros Consolidation that would not qualify as restructuring charges, but represent duplicative expenses arising from the transition process, such as excess rent, utilities, personnel-related expenses and other costs. This includes $217 in the second quarter and $697 in the first six months of 2024 with the remaining incurred in the 2nd half of 2023.

During the three month period ended June 30, 2024, we incurred total other restructuring charges of $757, comprised of $690 and $66 in workforce reduction and asset impairment and other charges, respectively. During the six month period ended June 30, 2024, we incurred total other restructuring charges of $1,477, comprised of $1,075, $287, and $85 in workforce reduction, building and equipment relocation costs, and asset impairment and other charges, respectively. The workforce reduction charges incurred are for restructuring activities used to adjust our business in response to reduced demand across certain locations and products, while charges incurred in relation to building and equipment relocation costs and other charges are for activities intended to consolidate operations across our site locations. The remaining liability associated with our other restructuring actions was $697 and $246 at June 30, 2024 and December 31, 2023, respectively.

The following table displays the restructuring liability activity included in accrued expenses and other liabilities for all plans for the six months ended June 30, 2024:


Restructuring liability at January 1, 2024	$	523
Restructuring charges		2,884
Costs paid		(2,544	)
Other activity(1)		(12	)
Restructuring liability at June 30, 2024	$	851

(1)

Other charges include the effects of currency translation, non-cash asset write-downs, travel, legal and other charges.