Restructuring Costs |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Restructuring and Related Activities [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Restructuring Costs | Restructuring Costs Fiscal 2025 Restructuring Programs In 2025, the Company initiated a global restructuring program to align resources with strategic priorities and enhance operational efficiency through talent optimization (the “Fiscal 2025 restructuring programs”). The liability for the Fiscal 2025 restructuring programs was included in accrued expenses and other current liabilities in the unaudited condensed consolidated balance sheets. The following tables summarize the related activity for the quarter and six months ended June 30, 2026 (in thousands):
At June 30, 2026, the Company incurred cumulative costs of $17.4 million for one-time termination benefits related to the Fiscal 2025 restructuring programs, which occurred in the U.S. and various international locations. The charges were recorded pursuant to ASC 420, Exit or Disposal Obligations. The Company does not anticipate incurring material additional expenses.
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