v3.26.1
Restructuring (Tables)
 6 Months Ended
Jun. 30, 2026
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, 2026 and 2025 by reporting segment:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Automotive

 

$

5,651

 

 

$

1,924

 

 

$

11,699

 

 

$

6,438

 

Medical

 

 

290

 

 

 

156

 

 

 

326

 

 

 

156

 

Corporate

 

 

23

 

 

 

28

 

 

 

630

 

 

 

28

 

Total

 

$

5,964

 

 

$

2,108

 

 

$

12,655

 

 

$

6,622

 
Summary of Restructuring Activity for All Restructuring Initiatives The following table summarizes restructuring activity for all restructuring initiatives for the six months ended June 30, 2026:

 

 

Employee Separation Costs

 

 

Other Related Costs, Net

 

 

Total

 

Balance at December 31, 2025

 

$

6,928

 

 

$

—

 

 

$

6,928

 

Additions, charged to restructuring expenses, net

 

 

5,537

 

 

 

1,163

 

 

 

6,700

 

Cash payments

 

 

(991

)

 

 

(1,163

)

 

 

(2,154

)

Change in estimate

 

 

(9

)

 

 

—

 

 

 

(9

)

Currency translation

 

 

(117

)

 

 

—

 

 

 

(117

)

Balance at March 31, 2026

 

$

11,348

 

 

$

—

 

 

$

11,348

 

Additions, charged to restructuring expenses, net

 

 

4,339

 

 

 

1,642

 

 

 

5,981

 

Cash payments

 

 

(2,822

)

 

 

(1,642

)

 

 

(4,464

)

Change in estimate

 

 

(17

)

 

 

—

 

 

 

(17

)

Currency translation

 

 

(78

)

 

 

—

 

 

 

(78

)

Balance at June 30, 2026

 

$

12,770

 

 

$

—

 

 

$

12,770