In January 2024, we initiated restructuring activities to optimize the organization following the disposal of our spine segment. During the three and six months ended June 30, 2025, we recorded pre-tax charges of $0.1 million and $1.5 million, respectively, and during the three and six months ended June 30, 2024, we recorded pre-tax charges of $0.4 million and $2.8 million, respectively, related to these activities. The restructuring charges incurred under this plan were primarily related to employee termination benefits. We have incurred pre-tax charges of $7.0 million from inception through June 30, 2025, and we do not anticipate material additional charges under this plan.

Expenses related to previously disclosed restructuring plans initiated prior to 2024 and completed in 2024 were immaterial in the prior year period. See Note 18 to our consolidated financial statements included in our Annual Report for additional information on our previously disclosed restructuring plans.

The following table summarizes the liabilities directly attributable to us that were recognized under the plan we initiated in January 2024 and excludes non-cash charges (in thousands):


	Employee Termination Benefits			Other			Total
Balance as of December 31, 2024	$	1,875		$	20		$	1,895
Additions		1,474			41			1,515
Cash payments		(2,226	)		(61	)		(2,287	)
Balance as of June 30, 2025	$	1,123		$	—		$	1,123