XML 72 R41.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Restructuring and Integration Expenses (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Restructuring and Related Activities [Abstract] |
Schedule of Restructuring and Integration Expenses | Activity for year ended December 31, 2024 related to the separation program workforce reduction consisted of the following (in thousands):
Exit activity liability at December 31, 2023 | $ | — |
Restructuring and integration costs: |
Amounts provided for during 2024 (a) | 7,116 |
Cash payments | (2,485) |
Stock-based compensation | 150 |
Foreign currency translation | (5) |
Exit activity liability at December 31, 2024 | $ | 4,776 |
(a) Restructuring and integration expenses incurred during the year ended December 31, 2024 consist of $3.8 million in our Vehicle Control segment, $0.8 million in our Temperature Control segment, $0.8 million in our Engineered Solutions segment and $1.7 million in our Other segment. Activity for the year ended ended December 31, 2024 related to the cost reduction initiative consisted of the following (in thousands):
| Workforce Reduction |  | Other Exit Costs |  | Total
Exit activity liability at December 31, 2022 | $ | 1,521 |  |  | $ | — |  |  | $ | 1,521 |
Restructuring and integration costs: |  |  |  |  |
Amounts provided for during 2023(a) | 1,973 |  |  | 669 |  |  | 2,642 |
Cash payments(a) | (1,803) |  |  | (577) |  |  | (2,380) |
Reclassification of environmental liability | — |  |  | (92) |  |  | (92) |
Foreign currency translation | 38 |  |  | — |  |  | 38 |
Exit activity liability at December 31, 2023 | $ | 1,729 |  |  | $ | — |  |  | $ | 1,729 |
Restructuring and integration costs: |  |  |  |  |
Amounts provided for during 2024(b) | 163 |  |  | 389 |  |  | 552 |
Cash payments | (1,632) |  |  | (389) |  |  | (2,021) |
Foreign currency translation | (28) |  |  | — |  |  | (28) |
Exit activity liability at December 31, 2024 | $ | 232 |  |  | $ | — |  |  | $ | 232 |
(a) Includes $0.1 million of integration expenses recognized and cash payments made for the Particulate Matter Sensor Product Line Relocation program related to the relocation of inventory and equipment in connection with the 2021 acquisitions of certain product lines. The program was completed in 2022. (b) Restructuring and integration expenses incurred during the year ended December 31, 2024 consist of $0.4 million in our Vehicle Control segment, $0.1 million in our Temperature Control segment and an immaterial amount in our Engineered Solutions segment.

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 Reference 2: 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 + Details
Name: | us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration