v3.26.3
Exit Activity Costs and Asset Impairments
 9 Months Ended
Sep. 30, 2026
Restructuring and Related Activities [Abstract]  
EXIT ACTIVITY COSTS AND ASSET IMPAIRMENTS EXIT ACTIVITY COSTS AND ASSET IMPAIRMENTS
The Company periodically undertakes restructuring initiatives as part of its focus to improve operating performance and optimize its business portfolio. These initiatives have led to reorganizing the Company's manufacturing footprint, outsourcing or discontinuing low-volume, low margin products, or selling or exiting less profitable businesses or product lines. As a result, the Company has incurred costs related to discrete restructuring events for moving and closing facilities, severance and inventory write-downs during the nine months ended September 30, 2026.
The following tables set forth the exit activity costs and asset impairment charges (recoveries) incurred by segment related to the restructuring activities described above (in thousands):
Three Months Ended
September 30,
20262025
Exit ActivityAsset ImpairmentTotalExit ActivityAsset ImpairmentTotal
Residential$1,381 $— $1,381 $1,157 $— $1,157 
Agtech703 — 703 140 — 140 
Infrastructure— — — — — — 
Corporate— — — — — — 
Total$2,084 $— $2,084 $1,297 $— $1,297 
Nine Months Ended
September 30,
20262025
Exit ActivityAsset ImpairmentTotalExit ActivityAsset ImpairmentTotal
Residential$5,325 $274 $5,599 $3,512 $— $3,512 
Agtech789 (7)782 415 157 572 
Infrastructure— — — — — — 
Corporate281 — 281 31 — 31 
Total$6,395 $267 $6,662 $3,958 $157 $4,115 

The following table provides a summary of where the exit activity costs and asset impairments were recorded in the consolidated statements of operations (in thousands):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2026202520262025
Cost of sales$301 $402 $829 $982 
Selling, general, and administrative expense1,783 895 5,833 3,133 
Total exit activity and asset impairment charges $2,084 $1,297 $6,662 $4,115 
The following table reconciles the beginning and ending liability for exit activity costs recorded in current accrued expenses on the consolidated balance sheets relating to the Company’s restructuring efforts (in thousands):
20262025
Balance at January 1$815 $121 
Exit activity costs recognized6,395 3,958 
Cash payments(6,309)(3,598)
Balance at September 30$901 $481