Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Restructuring (Tables)

v3.23.2
Restructuring (Tables)
 6 Months Ended
Jun. 30, 2023
Restructuring and Related Activities [Abstract]  
Schedule of Accrued Restructuring
The following table summarizes the changes in the Company’s accrued restructuring balance (in thousands):

Severance and Other Employee Costs Facility Footprint Optimization Consulting and Implementation Costs Total
Balance as of December 31, 2022 $ 559  $ —  $ 960  $ 1,519 
Restructuring charges incurred 3,105  913  106  4,124 
Impairment of facility related assets —  560  —  560 
Cash payments and other adjustments(1)
(1,285) (564) (346) (2,195)
Balance as of March 31, 2023 $ 2,379  $ 909  $ 720  $ 4,008 
Restructuring charges incurred 1,893  271  581  2,745 
Impairment of facility related assets —  329  —  329 
Cash payments and other adjustments(1)
(1,634) (306) (1,007) (2,947)
Balance as of June 30, 2023 $ 2,638  $ 1,203  $ 294  $ 4,135 
Current liabilities $ 4,135 
Long-term liabilities — 
$ 4,135 
(1) Other adjustments include non-cash asset charges related to Facility Footprint Optimization costs.