v3.24.2
RESTRUCTURING
 6 Months Ended
Jun. 30, 2024
Restructuring and Related Activities [Abstract]  
RESTRUCTURING
NOTE 9. RESTRUCTURING
The Company has undertaken the following restructuring activities as it optimizes its go-to-market strategy and reassesses its office space needs:
(in thousands)Three months endedExpense
Office space reduction March 31, 2023$1,241 
Employee severance and related benefitsJune 30, 2023$1,581 
Employee severance and related benefits and office space reduction
September 30, 2023$17,236 
Office space reductionDecember 31, 2023$1,497 
Office space reductionJune 30, 2024$1,257 
Accrued employee severance and related benefits:
Change for all restructuring actions:
Six Months Ended
June 30,
(in thousands)20242023
January 1,$8,095 $18,573 
Costs incurred(238)2,387 
Cash disbursements(3,852)(17,521)
Currency translation adjustments(169)185 
June 30,$3,836 $3,624 
Note: Accrued employee severance and related benefits is included in accrued compensation and related expenses.