Restructuring and Other Related Charges

12 Months Ended

Dec. 31, 2021

Restructuring and Related Activities [Abstract]

Restructuring and other related charges of $10.4 million for the year ended December 31, 2021 consisted of (i) $6.1 million at AMCNI related to severance costs and the termination of distribution in certain international territories and (ii) $4.3 million of severance costs associated with the restructuring plan announced in November 2020.

The Company recorded restructuring and other related charges of $35.1 million for the year ended December 31, 2020. On November 18, 2020, the Company commenced a restructuring plan (the “2020 Plan”) designed to streamline the Company’s operations through a reduction of its domestic workforce. The 2020 Plan is intended to improve the organizational design of the Company through the elimination of certain roles and centralization of certain functional areas of the Company. Restructuring and other related charges associated with the 2020 Plan, recorded in 2020, were primarily for severance and other personnel costs of $21.2 million, of which $15.8 million was attributable to the Domestic Operations segment, $0.2 million was attributable to the International and Other segment, and $5.2 million was attributable to Corporate / Inter-segment Eliminations. Additional restructuring and other related charges for the year ended December 31, 2020 were $13.9 million, which related to costs associated with the termination of distribution in certain territories, as well as severance and other personnel related costs associated with previously disclosed restructuring activities.

Restructuring and other related charges of $40.9 million for the year ended December 31, 2019 related to the management restructuring, which commenced in the third quarter of 2019, and our streaming services organization restructuring, which commenced in the second quarter of 2019. In connection with each of these restructuring initiatives, a number of roles were eliminated to address redundancy at the management level and improve the effectiveness of management while reducing the cost structure of the Company.

In connection with restructuring initiative related to the management team, the Company incurred restructuring charges for severance and other personnel related costs of $26.0 million. In connection with our streaming services restructuring, management made certain organization changes within the owned subscription streaming services businesses. The restructuring combined the owned subscription streaming services under one management team. As a result, the Company incurred restructuring charges of $1.9 million related to severance and other personnel related costs.

In connection with the organization changes in our streaming services business, the Company implemented changes to its strategy for owned subscription streaming services, including programming that will no longer be made available. As a result, the Company incurred other charges of $13.0 million related to the write-off of programming associated with the reorganization and change in strategy.

The following table summarizes the restructuring and other related charges recognized by operating segment:


	Years Ended December 31,
(In thousands)	2021		2020		2019
Domestic Operations	$	2,516	$	22,946	$	28,860
International and Other	6,083		6,410		5,153
Corporate / Inter-segment Eliminations	1,779		5,712		6,901
Total restructuring and other related charges	$	10,378	$	35,068	$	40,914

The following table summarizes the restructuring and other related charges recognized for the three years:


	Years Ended December 31,
(In thousands)	2021		2020		2019
Restructuring charges	$	10,378	$	35,068	$	27,897
Other related charges	—		—		13,017
Total restructuring and other related charges	$	10,378	$	35,068	$	40,914

The following table summarizes the accrued restructuring and other related costs:


(In thousands)	Severance and Employee-Related Costs		Other Exit Costs		Total
Balance at December 31, 2019	$	27,407	$	221	$	27,628
Charges	30,752		4,316		35,068

Cash payments	(31,545)		(191)		(31,736)
Non-cash adjustments	(1,043)		(4,316)		(5,359)
Currency translation	—		1		1
Balance at December 31, 2020	25,571		31		25,602
Charges	5,921		4,457		10,378

Cash payments	(31,245)		(256)		(31,501)
Non-cash adjustments	—		(4,201)		(4,201)
Currency translation and other	64		(2)		62
Balance at December 31, 2021	$	311	$	29	$	340

Accrued restructuring and other related costs of $0.3 million are included in accrued liabilities in the consolidated balance sheet at December 31, 2021.