| Summary of Restructuring Expenses, Net by Reportable Segment |
The following table summarizes restructuring expenses, net for the three and nine months ended September 30, 2026 and 2025 by reporting segment:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, |
|
|
Nine Months Ended September 30, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Automotive |
|
$ |
4,782 |
|
|
$ |
3,972 |
|
|
$ |
16,481 |
|
|
$ |
10,410 |
|
Medical |
|
|
3 |
|
|
|
14 |
|
|
|
329 |
|
|
|
170 |
|
Corporate |
|
|
53 |
|
|
|
— |
|
|
|
683 |
|
|
|
28 |
|
Total |
|
$ |
4,838 |
|
|
$ |
3,986 |
|
|
$ |
17,493 |
|
|
$ |
10,608 |
|
|
| Summary of Restructuring Activity for All Restructuring Initiatives |
The following table summarizes restructuring activity for all restructuring initiatives for the nine months ended September 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 |
|
Additions, charged to restructuring expenses, net |
|
|
2,423 |
|
|
|
2,415 |
|
|
|
4,838 |
|
Cash payments |
|
|
(3,836 |
) |
|
|
(1,516 |
) |
|
|
(5,352 |
) |
Non-cash utilization |
|
|
— |
|
|
|
(646 |
) |
|
|
(646 |
) |
Currency translation |
|
|
(39 |
) |
|
|
(29 |
) |
|
|
(68 |
) |
Balance at September 30, 2026 |
|
$ |
11,318 |
|
|
$ |
224 |
|
|
$ |
11,542 |
|
|