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RESTRUCTURING AND RELATED CHARGES (Tables)

6 Months Ended

Jun. 30, 2023

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Costs by Segment

The following table summarizes costs incurred by segment related to the 2022 Restructuring Plan for the three and six months ended June 30, 2023 (in thousands):

						Three Months Ended June 30, 2023
						Employee Severance and Benefit Costs (Credits) (1)						Other Exit Costs						Total Restructuring Charges (Credits)
North America						$	126					$	229					$	355
International						158						—						158
Consolidated						$	284					$	229					$	513

(1)The employee severance and benefits costs for the three months ended June 30, 2023 are related to the termination of approximately 39 employees.

						Six Months Ended June 30, 2023
						Employee Severance and Benefit Costs (Credits) (1)						Other Exit Costs						Total Restructuring Charges (Credits)
North America						$	4,566					$	1,037					$	5,603
International						3,891						—						3,891
Consolidated						$	8,457					$	1,037					$	9,494

(1)The employee severance and benefits costs for the six months ended June 30, 2023 are related to the termination of approximately 371 employees.

The following tables summarize costs incurred by segment related to the 2020 Restructuring Plan for the three and six months ended June 30, 2023 and 2022 (in thousands):

						Three Months Ended June 30, 2023
						Employee Severance and Benefit Costs (Credits)						Legal and Advisory Costs						Lease-related Charges (Credits)						Total Restructuring Charges (Credits)
North America						$	—					$	1					$	(63)					$	(62)
International						(1,436)						8						288						(1,140)
Consolidated						$	(1,436)					$	9					$	225					$	(1,202)

						Three Months Ended June 30, 2022
						Employee Severance and Benefit Costs (Credits)						Legal and Advisory Costs						Lease-related Charges (Credits)						Total Restructuring Charges (Credits)
North America						$	—					$	86					$	818					$	904
International						473						24						1,538						2,035
Consolidated						$	473					$	110					$	2,356					$	2,939

						Six Months Ended June 30, 2023
						Employee Severance and Benefit Costs (Credits)						Legal and Advisory Costs						Lease-related Charges (Credits)						Total Restructuring Charges (Credits)
North America						$	—					$	2					$	544					$	546
International						(2,482)						(48)						595						(1,935)
Consolidated						$	(2,482)					$	(46)					$	1,139					$	(1,389)

						Six Months Ended June 30, 2022
						Employee Severance and Benefit Costs (Credits)						Legal and Advisory Costs						Lease-related Charges (Credits)						Total Restructuring Charges (Credits)
North America						$	1					$	130					$	1,174					$	1,305
International						184						61						1,701						1,946
Consolidated						$	185					$	191					$	2,875					$	3,251

Schedule of Restructuring Liability Activity

The following table summarizes restructuring liability activity for the 2022 Restructuring Plan (in thousands):

			Employee Severance and Benefit Costs						Other Exit Costs						Total
Balance as of December 31, 2022			$	175					$	—					$	175
Charges payable in cash			8,457						1,037						9,494
Cash payments			(8,108)						(730)						(8,838)
Foreign currency translation			73						—						73
Balance as of June 30, 2023 (1)			$	597					$	307					$	904

(1)Substantially all of the remaining cash payments for the first and second phase of the 2022 Restructuring Plan costs are expected to be disbursed by the end of 2023.

The following table summarizes restructuring liability activity for the 2020 Restructuring Plan (in thousands):

			Employee Severance and Benefit Costs						Other Exit Costs						Total
Balance as of December 31, 2022			$	4,306					$	301					$	4,607
Charges payable in cash and changes in estimate (1)			(2,482)						(46)						(2,528)
Cash payments			(709)						(113)						(822)
Foreign currency translation			33						2						35
Balance as of June 30, 2023 (2)			$	1,148					$	144					$	1,292

(1)The credit recorded during the three and six months ended June 30, 2023 primarily relates to the release of our estimated accrual for certain severance benefits upon expiration of the eligible payout period.

(2)Substantially all of the remaining cash payments for the 2020 Restructuring Plan costs are expected to be disbursed by the end of 2023.

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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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-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

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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
-Topic 420
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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

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-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

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