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Restructuring (Tables)
12 Months Ended
Dec. 31, 2024
Restructuring and Related Activities [Abstract]  
Summary of Restructuring Expenses, Net by Reportable Segment

Restructuring expenses, net by reporting segment for the years ended December 31, 2024, 2023 and 2022 was as follows:

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Automotive

 

$

12,238

 

 

$

3,187

 

 

$

637

 

Medical

 

 

20

 

 

 

363

 

 

 

 

Corporate

 

 

852

 

 

 

1,189

 

 

 

 

Total

 

$

13,110

 

 

$

4,739

 

 

$

637

 

 

Summary of Restructuring Activity for All Restructuring Initiatives

The following table summarizes restructuring activity for all restructuring initiatives for the years ended December 31, 2024 and 2023:

 

 

Employee Separation Costs

 

 

Other Related Costs, net (a)

 

 

Total

 

Balance at December 31, 2022

 

$

588

 

 

$

 

 

$

588

 

Additions, charged to restructuring expenses, net

 

 

3,892

 

 

 

993

 

 

 

4,885

 

Change in estimate

 

 

(146

)

 

 

 

 

 

(146

)

Cash payments

 

 

(2,224

)

 

 

(878

)

 

 

(3,102

)

Non-cash utilization

 

 

 

 

 

(115

)

 

 

(115

)

Currency translation and other

 

 

40

 

 

 

 

 

 

40

 

Balance at December 31, 2023

 

$

2,150

 

 

$

 

 

$

2,150

 

Additions, charged to restructuring expenses, net

 

 

10,896

 

 

 

2,214

 

 

 

13,110

 

Cash payments

 

 

(9,593

)

 

 

(1,333

)

 

 

(10,926

)

Non-cash utilization

 

 

 

 

 

(881

)

 

 

(881

)

Currency translation and other

 

 

(165

)

 

 

 

 

 

(165

)

Balance at December 31, 2024

 

$

3,288

 

 

$

 

 

$

3,288

 

(a)
Includes gain on sale of the Greenville facility