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RESTRUCTURING AND INTEGRATION EXPENSE (Tables)

12 Months Ended

Dec. 31, 2022

Restructuring and Related Activities [Abstract]

Restructuring and integration expense

Restructuring and integration expense is reflected on the consolidated statements of income as follows for the years ended December 31:

(in thousands)						2022						2021						2020
Total cost of revenue						$	607					$	4,197					$	3,465
Operating expenses						62,529						54,750						75,874
Restructuring and integration expense						$	63,136					$	58,947					$	79,339

Restructuring and integration expense was comprised of the following for the years ended December 31:

(in thousands)						2022						2021						2020
External consulting fees						$	32,067					$	26,676					$	44,096
Employee severance benefits						12,829						9,076						17,628
Internal labor						7,989						7,948						7,568
Other						10,251						15,247						10,047
Restructuring and integration expense						$	63,136					$	58,947					$	79,339

Changes in restructuring and integration accruals

Changes in our restructuring and integration accruals were as follows:

(in thousands)						Employee severance benefits
Balance, December 31, 2019						$	3,459
Charges						19,025
Reversals						(1,397)
Payments						(14,289)
Balance, December 31, 2020						6,798
Charges						10,897
Reversals						(1,821)
Payments						(10,202)
Balance, December 31, 2021						5,672
Charges						13,782
Reversals						(953)
Payments						(9,973)
Balance, December 31, 2022						$	8,528

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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

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 5.P.3)
-URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 5.P.4)
-URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747

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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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4(b)(2))
-URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747

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