RESTRUCTURING AND OTHER COSTS |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RESTRUCTURING AND OTHER COSTS [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Restructuring And Other Costs | NOTE 16. RESTRUCTURING AND OTHER COSTS
As of December 31,2024, the Company incurred restructuring and other costs primarily related to employee termination benefits as a part of the Company’s 2024 Synergy Plan. The Company’s 2024 Synergy Plan was designed to optimize the organizational structure of Globus by reducing the size of our workforce. Impacted employees were notified during January 2024 and July 2024. Totals include stock-based compensation expense, classified in accordance with ASC 420, Exit or Disposal Cost Obligations, where applicable.
The following table provides a summary of recognized pre-tax costs for the twelve months ended December 31, 2024:
The following table provides a summary of activity related to the restructuring program for the twelve months ended December 31, 2024:
(a) Represents share-based compensation settled without cash payments. |
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