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Business Realignment and Restructuring (Tables)
6 Months Ended
Jun. 30, 2024
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs
Business realignment charges incurred by reportable segment were as follows:
Three months ended
June 30,
Six months ended
June 30,
2024202320242023
Control Devices (A)
$ $379 $ $379 
Electronics (B)
1,890 1,347 1,890 1,656 
Unallocated Corporate (C)
59 184 59 1,137 
Total business realignment charges$1,949 $1,910 $1,949 $3,172 
_____________________________________
(A)
Severance costs for the three and six months ended June 30, 2023 related to COGS and SG&A were $369 and $10, respectively.
(B)
Severance costs for the three and six months ended June 30, 2024 related to D&D and SG&A were $1,432 and $458, respectively. Severance costs for the three months ended June 30, 2023 related to COGS and SG&A were $82 and $1,265, respectively. Severance costs for the six months ended June 30, 2023 related to COGS and SG&A were $257 and $1,399, respectively.
(C)
Severance costs related costs for the three and six months ended June 30, 2024 related to SG&A were $59. Severance costs related costs for the three and six months ended June 30, 2023 related to SG&A were $169 and $1,122, respectively. Severance costs related costs for the three and six months ended June 30, 2023 related to D&D were $15.
Schedule of Business Realignment Charges Classified by Statement of Operations
Business realignment charges incurred, classified by statement of operations line item were as follows:
Three months ended
June 30,
Six months ended
June 30,
2024202320242023
Cost of goods sold$ $451 $ $626 
Selling, general and administrative517 1,444 517 2,531 
Design and development1,432 15 1,432 15 
Total business realignment charges$1,949 $1,910 $1,949 $3,172