XML 42 R32.htm IDEA: XBRL DOCUMENT v3.21.2
Other Charges, Net (Tables)
9 Months Ended
Sep. 30, 2021
Other Charges (Gain), Net  
Schedule of components of other charges, net
The components of other charges, net were as
 
follows (dollars in millions):
 
 
  
Three Months Ended

September 30,
 
  
Nine Months Ended

September 30,
 
  
2021
 
  
2020
 
  
2021
 
  
2020
 
Information technology transformation costs
   $ 1.1      $ 0.5      $ 2.6     $ 1.8  
Professional fees incurred in connection with investigation matters
     0.1        0.3       
0.1
      4.8  
Restructuring charges
     0.9        1.7        3.6       4.4  
Acquisition-related charges
     0.6        0.9        3.8       (1.0
Long-lived asset impairments
    
(0.6
)
 
     0.7       
(0.6
)
 
    1.9  
Other
     —          0.1        —         0.3  
    
 
 
    
 
 
    
 
 
    
 
 
 
Other charges, net
   $ 2.1      $ 4.2      $ 9.5    
 
$ 12.2  
    
 
 
    
 
 
    
 
 
    
 
 
 
Summary of restructuring charges The following table sets forth the restructuring charges (dollars in millions):
    
Three Months Ended

September 30,
    
Nine Months Ended

September 30,
 
    
2021
    
2020
    
2021
    
2020
 
Cost of revenues
   $ 0.2      $ 0.2      $ 1.5      $ 1.3  
Other charges, net
     0.9        1.7        3.6        4.4  
    
 
 
    
 
 
    
 
 
    
 
 
 
     $ 1.6      $ 1.9      $ 5.1      $ 5.7  
    
 
 
    
 
 
    
 
 
    
 
 
 
Schedule of changes in restructuring reserves
The following table sets forth the changes in restructuring reserves (dollars in millions):
 
    
Total
    
Severance
    
Exit Costs
    
Provisions
for Excess
Inventory
 
Balance at December 31, 2020
   $ 9.8      $ 7.6      $ 0.8      $ 1.4  
Restructuring charges
     5.1        4.1        1.0        —    
Cash payments
     (9.7      (9.0      (0.7      —    
Other,
non-cash
adjustments and foreign currency effect
     (0.8             (0.7      (0.1
    
 
 
    
 
 
    
 
 
    
 
 
 
Balance at September 30, 2021
   $ 4.4      $ 2.7      $ 0.4      $ 1.3