| Summary of Activities Related to Restructuring |
The following table summarizes the activities related to the 2025 Restructure:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of December 31, 2025 |
|
(in thousands) |
Workforce reduction |
|
|
Contract Costs and Internal Use Software |
|
|
Professional Services and Other Costs |
|
|
Total |
|
Liability, beginning of the period |
$ |
0 |
|
|
$ |
0 |
|
|
$ |
0 |
|
|
$ |
0 |
|
Charges |
|
5,368 |
|
|
|
766 |
|
|
|
1,300 |
|
|
|
7,434 |
|
Payments |
|
(12 |
) |
|
|
0 |
|
|
|
(1,060 |
) |
|
|
(1,072 |
) |
Non-cash items |
|
(173 |
) |
|
|
(218 |
) |
|
|
0 |
|
|
|
(391 |
) |
Liability, end of the period |
$ |
5,183 |
|
|
$ |
548 |
|
|
$ |
240 |
|
|
$ |
5,971 |
|
The following table summarizes the activities related to the 2024 Restructure:
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|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of December 31, 2025 |
|
|
As of December 31, 2024 |
|
(in thousands) |
Workforce reduction |
|
|
Real Estate and Internal Use Software |
|
|
Other Restructuring Charges |
|
|
Total |
|
|
Workforce reduction |
|
|
Real Estate and Internal Use Software |
|
|
Other Restructuring Charges |
|
|
Total |
|
Liability, beginning of the period |
$ |
1,748 |
|
|
$ |
184 |
|
|
$ |
480 |
|
|
$ |
2,412 |
|
|
$ |
1,516 |
|
|
$ |
0 |
|
|
$ |
0 |
|
|
$ |
1,516 |
|
Additional charges |
|
1,186 |
|
|
|
1,290 |
|
|
|
1,133 |
|
|
|
3,609 |
|
|
|
6,971 |
|
|
|
262 |
|
|
|
3,899 |
|
|
|
11,132 |
|
Real estate and internal-use software charges |
|
0 |
|
|
|
0 |
|
|
|
0 |
|
|
|
0 |
|
|
|
0 |
|
|
|
3,533 |
|
|
|
0 |
|
|
|
3,533 |
|
Gain on lease termination |
|
0 |
|
|
|
0 |
|
|
|
0 |
|
|
|
0 |
|
|
|
0 |
|
|
|
(988 |
) |
|
|
0 |
|
|
|
(988 |
) |
Payments |
|
(2,759 |
) |
|
|
(278 |
) |
|
|
(1,613 |
) |
|
|
(4,650 |
) |
|
|
(6,674 |
) |
|
|
(73 |
) |
|
|
(3,419 |
) |
|
|
(10,166 |
) |
Non-cash items |
|
0 |
|
|
|
(1,145 |
) |
|
|
0 |
|
|
|
(1,145 |
) |
|
|
(65 |
) |
|
|
(2,550 |
) |
|
|
0 |
|
|
|
(2,615 |
) |
Liability, end of the period |
$ |
175 |
|
|
$ |
51 |
|
|
$ |
0 |
|
|
$ |
226 |
|
|
$ |
1,748 |
|
|
$ |
184 |
|
|
$ |
480 |
|
|
$ |
2,412 |
|
|