XML 42 R29.htm IDEA: XBRL DOCUMENT
v3.23.2

Restructuring and integration expense (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Restructuring and Related Activities [Abstract] |
Restructuring and integration expense | Restructuring and integration expense is reflected on the consolidated statements of comprehensive income as follows:
|  | Quarter Ended June 30, |  | Six Months Ended June 30,
(in thousands) |  | 2023 |  | 2022 |  | 2023 |  | 2022
Total cost of revenue |  | $ | 3,286 |  |  | $ | 26 |  |  | $ | 4,439 |  |  | $ | 85 |
Operating expenses |  | 24,191 |  |  | 15,182 |  |  | 37,132 |  |  | 31,426 |
Restructuring and integration expense |  | $ | 27,477 |  |  | $ | 15,208 |  |  | $ | 41,571 |  |  | $ | 31,511 |
Restructuring and integration expense for each period was comprised of the following:
|  | Quarter Ended June 30, |  | Six Months Ended June 30,
(in thousands) |  | 2023 |  | 2022 |  | 2023 |  | 2022
External consulting fees |  | $ | 12,930 |  |  | $ | 9,141 |  |  | $ | 20,621 |  |  | $ | 17,000 |
Employee severance benefits |  | 6,161 |  |  | 3,281 |  |  | 6,347 |  |  | 4,406 |
Internal labor |  | 1,750 |  |  | 2,604 |  |  | 3,872 |  |  | 4,300 |
Other |  | 6,636 |  |  | 182 |  |  | 10,731 |  |  | 5,805 |
Restructuring and integration expense |  | $ | 27,477 |  |  | $ | 15,208 |  |  | $ | 41,571 |  |  | $ | 31,511 |
Changes in restructuring and integration accruals | Changes in our restructuring and integration accruals were as follows:
(in thousands) |  | Employee severance benefits
Balance, December 31, 2022 |  | $ | 8,528 |
Charges |  | 6,720 |
Reversals |  | (373) |
Payments |  | (7,406) |
Balance, June 30, 2023 |  | $ | 7,469 |

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