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Other Charges, Net (Tables)
12 Months Ended
Dec. 31, 2022
Other Charges, Net  
Schedule of components of other charges, net

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

 

 

 

2022

 

 

2021

 

 

2020

 

Acquisition-related expenses, net

 

$

19.3

 

 

$

6.1

 

 

$

2.4

 

Professional fees incurred in connection with investigation
   matters and other legal matters

 

 

2.4

 

 

 

1.1

 

 

 

5.9

 

Information technology transformation costs

 

 

3.0

 

 

 

2.8

 

 

 

2.5

 

Restructuring charges

 

 

3.9

 

 

 

4.8

 

 

 

12.0

 

Long-lived asset impairments

 

 

0.3

 

 

 

(0.5

)

 

 

2.1

 

Other

 

 

0.8

 

 

 

 

 

 

 

Other charges, net

 

$

29.7

 

 

$

14.3

 

 

$

24.9

 

Summary of restructuring charges

 

 

2022

 

 

2021

 

 

2020

 

Cost of revenues

 

$

0.9

 

 

$

3.4

 

 

$

3.8

 

Other charges, net

 

 

3.9

 

 

 

4.8

 

 

 

12.0

 

 

 

$

4.8

 

 

$

8.2

 

 

$

15.8

 

 

Schedule of changes in restructuring reserves

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

 

 

Total

 

 

Severance

 

 

Exit Costs

 

 

Provisions for
Excess
Inventory

 

Balance at December 31, 2019

 

$

4.6

 

 

$

2.2

 

 

$

0.1

 

 

$

2.3

 

Restructuring charges

 

 

15.8

 

 

 

13.6

 

 

 

2.0

 

 

 

0.2

 

Cash payments

 

 

(10.0

)

 

 

(8.0

)

 

 

(2.0

)

 

 

 

Non-cash adjustments

 

 

(1.0

)

 

 

(0.5

)

 

 

0.7

 

 

 

(1.2

)

Foreign currency impact

 

 

0.4

 

 

 

0.3

 

 

 

 

 

 

0.1

 

Balance at December 31, 2020

 

$

9.8

 

 

$

7.6

 

 

$

0.8

 

 

$

1.4

 

Restructuring charges

 

 

8.2

 

 

 

5.3

 

 

 

1.5

 

 

 

1.4

 

Cash payments

 

 

(10.3

)

 

 

(9.3

)

 

 

(1.0

)

 

 

 

Non-cash adjustments

 

 

(1.1

)

 

 

 

 

 

(1.0

)

 

 

(0.1

)

Foreign currency impact

 

 

(0.2

)

 

 

(0.1

)

 

 

 

 

 

(0.1

)

Balance at December 31, 2021

 

$

6.4

 

 

$

3.5

 

 

$

0.3

 

 

$

2.6

 

Restructuring charges

 

 

4.8

 

 

 

2.4

 

 

 

2.3

 

 

 

0.1

 

Cash payments

 

 

(7.8

)

 

 

(5.4

)

 

 

(2.4

)

 

 

 

Non-cash adjustments

 

 

(1.4

)

 

 

 

 

 

 

 

 

(1.4

)

Foreign currency impact

 

 

(0.2

)

 

 

(0.1

)

 

 

 

 

 

(0.1

)

Balance at December 31, 2022

 

$

1.8

 

 

$

0.4

 

 

$

0.2

 

 

$

1.2