v3.26.1
Restructuring Costs (Tables)
6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Summary of Company's Net Pretax Restructuring Costs (Credits), Net

The Company’s net pretax restructuring activity included in restructuring costs, net on the Condensed Consolidated Statements of Operations, by segment, was as follows:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Aurora

 

 

6.9

 

 

 

0.5

 

 

 

12.0

 

 

 

8.9

 

Corporate and other (1)

 

 

1.5

 

 

 

1.1

 

 

 

3.1

 

 

 

2.6

 

Total

 

$

8.4

 

 

$

1.6

 

 

$

15.1

 

 

$

11.5

 

 

(1)
The corporate and other line item above reflects general corporate restructuring costs that were previously allocated to the RUCKUS segment, CCS segment, OWN segment and DAS business unit. Beginning in the first quarter of 2025, the corporate and other costs related to the OWN segment and DAS business unit have been reallocated to the Company’s remaining segments and partially offset by income from the Amphenol TSA. The corporate and other costs related to the CCS segment have been reallocated to the Company’s remaining segments and partially offset by income from the Amphenol TSA beginning in the first quarter of 2026. Beginning in the third quarter of 2026, the corporate and other costs related to the RUCKUS segment will be reallocated to the Company's remaining segment and partially offset by income from the Belden TSA.
Restructuring Liabilities Included in Company's Condensed Consolidated Balance Sheets

Restructuring liabilities were included in the Company’s Condensed Consolidated Balance Sheets as follows:

 

 

June 30,
2026

 

 

December 31,
 2025

 

Accrued and other liabilities

 

$

7.5

 

 

$

2.3

 

Other noncurrent liabilities

 

 

 

 

 

 

Total restructuring liabilities

 

$

7.5

 

 

$

2.3

 

Activity within Liability Established for Restructuring Actions, Included in Other Accrued Liabilities

Employee-Related Costs

 

Other

 

Total

 

Balance at March 31, 2026

$

3.7

 

 

$

 

 

$

3.7

 

Additional expense, net

 

 

8.0

 

 

 

0.4

 

 

 

8.4

 

Cash paid

 

(4.2

)

 

 

(0.4

)

 

 

(4.6

)

Foreign exchange and other non-cash items

 

 

 

 

 

 

 

 

 

Balance at June 30, 2026

$

7.5

 

$

 

$

7.5

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2025

$

2.3

 

 

$

 

 

$

2.3

 

Additional expense, net

 

 

14.6

 

 

 

0.5

 

 

 

15.1

 

Cash paid

 

(9.4

)

 

 

(0.5

)

 

 

(9.9

)

Foreign exchange and other non-cash items

 

 

 

 

 

 

 

 

 

Balance at June 30, 2026

$

7.5

 

$

 

$

7.5