v3.25.2
Restructuring (Tables)
6 Months Ended
Jun. 30, 2025
Restructuring and Related Activities [Abstract]  
Summary of Restructuring Expenses, Net by Reportable Segment

The following table summarizes restructuring expenses, net for the three and six months ended June 30, 2025 and 2024 by reporting segment:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Automotive

 

$

1,924

 

 

$

1,694

 

 

$

6,438

 

 

$

8,808

 

Medical

 

 

156

 

 

 

 

 

 

156

 

 

 

20

 

Corporate

 

 

28

 

 

 

748

 

 

 

28

 

 

 

852

 

Total

 

$

2,108

 

 

$

2,442

 

 

$

6,622

 

 

$

9,680

 

 

Summary of Restructuring Liability The following table summarizes restructuring liability for the six months ended June 30, 2025:

 

 

Employee Separation Costs

 

 

Other Related Costs, Net

 

 

Total

 

Balance at December 31, 2024

 

$

3,288

 

 

$

 

 

$

3,288

 

Additions, charged to restructuring expenses, net

 

 

4,412

 

 

 

284

 

 

 

4,696

 

Cash payments

 

 

(2,123

)

 

 

(284

)

 

 

(2,407

)

Change in estimate

 

 

(182

)

 

 

 

 

 

(182

)

Currency translation

 

 

100

 

 

 

 

 

 

100

 

Balance at March 31, 2025

 

$

5,495

 

 

$

 

 

$

5,495

 

Additions, charged to restructuring expenses, net

 

 

1,533

 

 

 

659

 

 

 

2,192

 

Cash payments

 

 

(1,274

)

 

 

(659

)

 

 

(1,933

)

Change in estimate

 

 

(84

)

 

 

 

 

 

(84

)

Currency translation

 

 

363

 

 

 

 

 

 

363

 

Balance at June 30, 2025

 

$

6,033

 

 

$

 

 

$

6,033