Restructuring and Restructuring-Related Activities (Tables)

3 Months Ended

Mar. 31, 2024

Restructuring and Related Activities [Abstract]

Schedule of Estimates of Total Pretax Charges Associated by Major Type of Cost Expected Results Cash Outlays

The following table provides a summary of the Company’s estimates of total pre-tax charges associated with the 2022 Strategic Realignment, by major type of cost, of which approximately $33 million to $35 million are expected to result in cash outlays (in millions):

	Total Estimated Amount Expected to be Incurred
Restructuring charges:
Workforce	$	13	to	$	14
Facilities-related		5	to		5
Other		—	to		—
Business transformation charges		16	to		17
Total restructuring and business transformation charges	$	34	to	$	36

Summary of Restructuring Activities

The following table sets provides a summary of restructuring activities (in thousands):

	Workforce (1)			Facilities- related (2)			Other		Total
Balance at January 1, 2024	$	1,444		$	(5	)	$	—	$	1,439
Charges		2,334			10			—		2,344
Charges settled in cash		(1,921	)		(9	)		—		(1,930	)
Charges settled in non-cash		(44	)		—			—		(44	)
Balance at March 31, 2024	$	1,813		$	(4	)	$	—	$	1,809

(1)Balance at March 31, 2024 is recorded in accrued payroll and employee related liabilities, accounts payable and accrued expenses on the condensed consolidated balance sheet.

(2)Balance at March 31, 2024 is recorded in prepaid expenses on the condensed consolidated balance sheet.

Schedule of Restructuring and Business Transformation Expenses

The following table presents restructuring and business transformation expenses by major type and line item within our accompanying condensed consolidated statement of operations (in thousands):

	Three Months Ended March 31,
	2024			2023
Restructuring charges	$	2,344		$	21
Business transformation charges:
Cost of revenue		65			341
Sales and marketing		(32	)		1,066
Research and development		463			646
General and administrative		243			331
Other income (expense), net		—			(1	)
Total business transformation charges		739			2,383
Total restructuring and business transformation charges	$	3,083		$	2,404