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Restructuring (Tables)

9 Months Ended

Sep. 30, 2024

Restructuring and Related Activities [Abstract]

Summary of Restructuring Expenses, Net by Reportable Segment

The following table summarizes restructuring expenses, net for the three and nine months ended September 30, 2024 and 2023 by reporting segment:

		Three Months Ended September 30,								Nine Months Ended September 30,
		2024				2023				2024				2023
Automotive		$	2,662			$	852			$	11,470			$	2,222
Medical			—				—				20				—
Corporate			—				247				852				1,190
Total		$	2,662			$	1,099			$	12,342			$	3,412

Summary of Restructuring Liability

The following table summarizes restructuring liability for the nine months ended September 30, 2024:

		Employee Separation Costs				Other Related  Costs, Net				Total
Balance at December 31, 2023		$	2,150			$	—			$	2,150
Additions, charged to restructuring expenses, net			6,771				467				7,238
Cash payments			(1,762	)			(380	)			(2,142	)
Non-cash utilization			—				(87	)			(87	)
Currency translation			(19	)			—				(19	)
Balance at March 31, 2024		$	7,140			$	—			$	7,140
Additions, charged to restructuring expenses, net			2,102				340				2,442
Cash payments			(2,762	)			(246	)			(3,008	)
Non-cash utilization			—				(94	)			(94	)
Currency translation			(21	)			—				(21	)
Balance at June 30, 2024		$	6,459			$	—			$	6,459
Additions, charged to restructuring expenses, net			1,795				867				2,662
Cash (payments) receipts			(3,536	)			74				(3,462	)
Non-cash utilization			—				(941	)			(941	)
Currency translation			100				—				100
Balance at September 30, 2024		$	4,818			$	—			$	4,818

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- References

No definition available.

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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

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-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 5.P.3)
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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
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-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

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-Name Accounting Standards Codification
-Topic 420
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-Section 50
-Paragraph 1
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482017/420-10-50-1

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