Restructuring and Related Activities (Tables)

12 Months Ended

Dec. 31, 2023

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs

The following table details restructuring charges incurred by reportable segment for the periods presented:

	Years Ended December 31,
(in millions)	2023		2022		2021
Precision Devices	$	2.5	$	—	$	0.1
MedTech & Specialty Audio	—		—		0.1
Consumer MEMS Microphones	(1.1)		41.2		0.3
Corporate	0.8		0.6		—
Total	$	2.2	$	41.8	$	0.5

Schedule of Restructuring Reserve by Type of Cost

The following table details the Company’s severance and other restructuring accrual activity:

(in millions)	Severance Pay and Benefits		Contract Termination and Other Costs		Total
Balance at January 1, 2021	$	1.9	$	0.7	$	2.6
Restructuring charges	0.5		—		0.5
Payments	(2.0)		(0.7)		(2.7)
Balance at December 31, 2021	0.4		—		0.4
Restructuring charges	6.6		35.2		41.8
Payments	(6.2)		(1.6)		(7.8)
Other, including foreign currency (1)	0.1		(11.8)		(11.7)
Balance at December 31, 2022	0.9		21.8		22.7
Restructuring charges	4.7		(2.5)		2.2
Payments	(4.3)		(3.1)		(7.4)
Other, including foreign currency (2)	1.1		0.6		1.7
Balance at December 31, 2023	$	2.4	$	16.8	$	19.2
(1) Other activity during 2022 includes the non-cash disposal of fixed assets of $13.5 million within the MEMS microphones product line.
(2) Other activity during 2023 includes $1.1 million of reserves assumed by the Company with the acquisition of CD within the PD segment.

Schedule of Restructuring Reserve by Balance Sheet Location

The severance and restructuring accruals are recorded in the following line items on the Consolidated Balance Sheets:

(in millions)	December 31, 2023		December 31, 2022
Other accrued expenses	$	8.5	$	4.0
Other liabilities	10.7		18.7
Total	$	19.2	$	22.7