v3.26.1
RESTRUCTURING AND OTHER COSTS
 6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
RESTRUCTURING AND OTHER COSTS RESTRUCTURING AND OTHER COSTS
The Company recorded employee termination benefits as a part of the 2024 Synergy Plan and 2025 Strategic Integration Plan. The 2024 Synergy Plan was designed to optimize the organizational structure of Globus by reducing the size of our workforce. Impacted employees were notified during the first and third quarters of 2024 and the second quarter of 2025.
The 2025 Strategic Integration Plan was implemented to streamline operations. Impacted employees were notified during the second quarter of 2025 and the first quarter of 2026.
The 2024 Synergy Plan
Totals include stock-based compensation expense, classified in accordance with ASC Topic 420, Exit or Disposal Cost Obligations. The following table provides a summary of the recognized pre-tax costs for the three and six months ended June 30, 2026 and 2025, respectively:
Three Months Ended
June 30,		Six Months Ended
June 30,
(In thousands)2026202520262025
Research and Development$— $211 $— $307 
Selling, General and Administrative— 149 3 207 
Restructuring Costs1,904 3,059 3,495 3,059 
Total restructuring and other costs$1,904 $3,419 $3,498 $3,573 
The following table provides a summary of activity related to the restructuring program for the three and six months ended June 30, 2026 and 2025, respectively:
Three Months Ended
June 30,		Six Months Ended
June 30,
(In thousands)2026202520262025
Beginning Balance$1,233 $1,222 $61 $2,747 
Net Charges1,904 3,419 3,498 3,573 
Cash Payments(2,718)(1,747)(3,137)(3,272)
Settled non-cash (a)
— (360)(3)(514)
Ending Balance$419 $2,534 $419 $2,534 
(a)Represents share-based compensation settled without cash payments.
The 2025 Strategic Integration Plan
There was no stock-based compensation expense included below. The following table provides a summary of the recognized pre-tax costs for the three and six months ended June 30, 2026 and 2025, respectively:
Three Months Ended
June 30,		Six Months Ended
June 30,
(In thousands)2026202520262025
Restructuring Costs$52 $10,489 $3,674 $10,489 
The following table provides a summary of activity related to the restructuring program for the three and six months ended June 30, 2026 and 2025, respectively:
Three Months Ended
June 30,		Six Months Ended
June 30,
(In thousands)2026202520262025
Beginning Balance$2,397 $— $581 $— 
Net charges52 10,489 3,674 10,489 
Cash Payments(1,338)— (3,133)— 
Foreign currency impact 3 12 (7)12 
Ending Balance$1,115 $10,501 $1,115 $10,501