v3.26.1
RESTRUCTURING AND FACILITIES CONSOLIDATION INITIATIVES (Tables)
3 Months Ended
Mar. 31, 2026
RESTRUCTURING AND FACILITIES CONSOLIDATION INITIATIVES  
Schedule of restructuring expense and rollforward of accrued restructuring liabilities

The components of restructuring and related expense for the three months ended March 31, 2026 and 2025 were as follows (in thousands):

Three months ended

March 31, 

March 31, 

2026

  ​ ​ ​

2025

Severance and related costs

$

853

$

2,276

Variable and other facilities-related costs

 

1,185

 

3,065

$

2,038

$

5,341

The following table presents the rollforward of accrued restructuring liabilities for the Company’s restructuring plans for the three months ended March 31, 2026 (in thousands):

2022 and Prior

2025

2026

Restructuring

Restructuring

Restructuring

Plans

Plan

Plan

Total

Balances, January 1, 2026

$

806

$

622

$

8,461

$

9,889

Charged to expense

 

683

 

40

1,315

 

2,038

Payments

 

(747)

 

(238)

 

(6,507)

 

(7,492)

Balances, March 31, 2026

$

742

$

424

$

3,269

$

4,435