XML 31 R19.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Business Realignment and Restructuring | 3 Months Ended
--- | ---
Mar. 31, 2024
Restructuring and Related Activities [Abstract] |
Business Realignment and Restructuring | Business Realignment and Restructuring The Company regularly evaluates the performance of its businesses and cost structures, including personnel, and makes necessary changes thereto in order to optimize its results. The Company also evaluates the required skill sets of its personnel and periodically makes strategic changes. As a consequence of these actions, the Company incurs severance related costs that are referred to as business realignment charges. Business realignment charges incurred by reportable segment were as follows:
| Three months ended March 31, |  |
| 2024 |  | 2023 |  |  |  |
Electronics (A) | — |  |  | 309 |  |  |  |  |
Unallocated Corporate (B) | — |  |  | 953 |  |  |  |  |
Total business realignment charges | $ | — |  |  | $ | 1,262 |  |  |  |  |
_____________________________________
(A) | Severance costs for the three months ended March 31, 2023 related to COGS and SG&A were $175 and $134, respectively.
(B) | Employee separation related costs for the three months ended March 31, 2023 related to SG&A were $953.
Business realignment charges incurred, classified by statement of operations line item were as follows:
| Three months ended March 31, |  |
| 2024 |  | 2023 |  |  |  |
Cost of goods sold | $ | — |  |  | $ | 175 |  |  |  |  |
Selling, general and administrative | — |  |  | 1,087 |  |  |  |  |
Total business realignment charges | $ | — |  |  | $ | 1,262 |  |  |  |  |

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 The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//420/tableOfContent Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration