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Restructuring
9 Months Ended
Sep. 30, 2022
Restructuring and Related Activities [Abstract]  
Restructuring

Note 12 — Restructuring

 

We recognized restructuring charges of $0.4 million and $1.5 million for the quarter and nine months ended September 30, 2022, respectively, primarily related to severance. Anticipated future cash payments as of September 30, 2022 were $2.6 million.

 

 

 

 

 

 

Activity for the Quarter Ended September 30, 2022

 

 

 

 

 

June 30,

 

 

Restructuring

 

 

 

 

 

Cash

 

 

 

 

 

September 30,

 

(In millions)

2022

 

 

Charge

 

 

FX Impact

 

 

Paid

 

 

Non-Cash

 

 

2022

 

Employee termination

$

2.8

 

 

$

0.4

 

 

$

(0.1

)

 

$

(0.5

)

 

$

 

 

$

2.6

 

Impairment and other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

$

2.8

 

 

$

0.4

 

 

$

(0.1

)

 

$

(0.5

)

 

$

 

 

$

2.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Activity for the Nine Months Ended September 30, 2022

 

 

 

 

 

December 31,

 

 

Restructuring

 

 

 

 

 

Cash

 

 

 

 

 

September 30,

 

(In millions)

2021

 

 

Charge

 

 

FX Impact

 

 

Paid

 

 

Non-Cash

 

 

2022

 

Employee termination

$

9.0

 

 

$

1.4

 

 

$

(0.4

)

 

$

(7.4

)

 

$

 

 

$

2.6

 

Impairment and other

 

 

 

 

0.1

 

 

 

 

 

 

(0.1

)

 

 

 

 

 

 

Total

$

9.0

 

 

$

1.5

 

 

$

(0.4

)

 

$

(7.5

)

 

$

 

 

$

2.6