v3.24.2
Restructuring and other costs (Tables)
6 Months Ended
Jun. 30, 2024
Restructuring and Related Activities [Abstract]  
Summary of Restructuring and Other Costs
The table below summarizes the activity related to these costs for the six months ended June 30, 2024.
(in thousands)Severance and other employee costs
Other restructuring costs (1)
Total (1)
Liability as of January 1, 2024$— $— $— 
Restructuring and other costs 65,954 46,848 112,802 
Cash payments(41,277)(32,872)(74,149)
Non-cash charges3,094 (12,844)(9,750)
Translation(90)2 (88)
Liability as of June 30, 2024
$27,681 $1,134 $28,815 
(1) Amount reflects moving expenses, accelerated rent, professional fees, facility closure costs and asset impairment costs that are attributable to our restructuring. Amount excludes a $7 million noncash charge reflected in cost of goods sold for inventory liquidated rather than moved during facility consolidation in connection with the restructuring.