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Other Charges, Net (Tables)
3 Months Ended
Mar. 31, 2022
Other Charges (Gain), Net  
Schedule of components of other charges, net

The components of other charges, net were as follows (in millions):

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

Information technology transformation costs

 

$

1.0

 

 

$

0.7

 

Professional fees incurred in connection with investigation matters

 

 

0.4

 

 

 

0.1

 

Restructuring charges

 

 

0.3

 

 

 

1.3

 

Acquisition-related expenses, net

 

 

5.1

 

 

 

0.9

 

Long-lived asset impairments

 

 

0.4

 

 

 

 

Other

 

 

0.3

 

 

 

 

Other charges, net

 

$

7.5

 

 

$

3.0

 

 

Summary of restructuring charges The following table sets forth the restructuring charges (in millions):

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

Cost of revenues

 

$

0.1

 

 

$

1.1

 

Other charges, net

 

 

0.3

 

 

 

1.3

 

Total

 

$

0.4

 

 

$

2.4

 

Schedule of changes in restructuring reserves

The following table sets forth the changes in restructuring reserves (in millions):

 

 

 

Total

 

 

Severance

 

 

Exit Costs

 

 

Provisions
for Excess
Inventory

 

Balance at December 31, 2021

 

$

6.4

 

 

$

3.5

 

 

$

0.3

 

 

$

2.6

 

Restructuring charges

 

 

0.4

 

 

 

0.1

 

 

 

0.3

 

 

 

 

Cash payments

 

 

(2.8

)

 

 

(2.6

)

 

 

(0.2

)

 

 

0.0

 

Other, non-cash adjustments and foreign currency effect

 

 

(1.4

)

 

 

 

 

 

 

 

 

(1.4

)

Balance at March 31, 2022

 

$

2.6

 

 

$

1.0

 

 

$

0.4

 

 

$

1.2