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Restructuring | 3 Months Ended
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Mar. 31, 2023
Restructuring and Related Activities [Abstract] |
Restructuring | 21. RESTRUCTURING During the fourth quarter of 2022, the Company initiated a restructuring program designed to optimize the assets and business processes, and information technology systems of the Company in relation to the Business Combination with ADVA. The restructuring program is expected to maximize cost synergies by realizing operation scale, combining sales channels, streamlining corporate and general and administrative functions, including human capital resources and combining sourcing and production costs. In February 2019, the Company announced the restructuring of a certain portion of its workforce predominantly in Germany, which included the closure of the Company’s office location in Munich, Germany accompanied by relocation or severance benefits for the affected employees. Voluntary early retirement was offered to certain other employees and was announced in March 2019 and again in August 2020. This plan was completed in 2021 and all amounts were paid in 2022. A reconciliation of the beginning and ending restructuring liability, which is included in accrued wages and benefits in the Condensed Consolidated Balance Sheets as of March 31, 2023 and December 31, 2022, is as follows:
|  | Three Months Ended |
(In thousands) |  | March 31, 2023 |
Balance at beginning of period |  | $ | 159 |
Plus: Amounts charged to cost and expense |  |  | 2,437 |
Less: Amounts paid |  |  | (1,574 | )
Balance as of March 31, 2023 |  | $ | 1,022 |
|  | For the Year Ended |
(In thousands) |  | December 31, 2022 |
Balance as of December 31, 2021 |  | $ | 1,514 |
Plus: Amounts charged to cost and expense |  |  | 1,629 |
Less: Amounts paid |  |  | (2,984 | )
Balance as of December 31, 2022 |  | $ | 159 |
Restructuring expenses included in the Condensed Consolidated Statements of (Loss) Income are for the three months ended March 31, 2023 and 2022:
|  | Three Months Ended |
|  | March 31, |
(In thousands) |  | 2023 |  |  | 2022 |
Network Solutions - Cost of revenue |  | $ | 58 |  |  | $ | — |
Services & Support - Cost of revenue |  |  | 18 |  |  |  | — |
Cost of revenue |  | $ | 76 |  |  | $ | — |
Selling, general and administrative expenses (1) |  |  | 2,180 |  |  |  | 2 |
Research and development expenses (1) |  |  | 181 |  |  |  | — |
Total restructuring expenses |  | $ | 2,437 |  |  | $ | 2 |
The following table represents the components of restructuring expense by geographic area for the three months ended March 31, 2023 and 2022:
|  | Three Months Ended |
|  | March 31, |
(In thousands) |  | 2023 |  |  | 2022 |
United States |  | $ | 1,119 |  |  | $ | 2 |
International |  |  | 1,318 |  |  |  | — |
Total restructuring expenses |  | $ | 2,437 |  |  | $ | 2 |

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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI https://asc.fasb.org/topic&trid=2175745 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -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 + Details
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