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Restructuring
9 Months Ended
Sep. 30, 2023
Restructuring and Related Activities [Abstract]  
Restructuring

Note 12 — Restructuring

 

There were no restructuring charges for the quarter ended September 30, 2023 and $0.7 million of restructuring charges for the nine months ended September 30, 2023 which were primarily related to severance. Anticipated future cash payments as of September, 2023 were $1.0 million.

 

 

 

 

 

 

Activity for the Quarter Ended September 30, 2023

 

 

 

 

 

June 30,

 

 

Restructuring

 

 

 

 

 

Cash

 

 

 

 

 

September 30,

 

(In Millions)

2023

 

 

Charge

 

 

FX Impact

 

 

Paid

 

 

Non-Cash

 

 

2023

 

Employee termination

$

1.5

 

 

$

 

 

$

 

 

$

(0.5

)

 

$

 

 

$

1.0

 

Impairment and other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

$

1.5

 

 

$

 

 

$

 

 

$

(0.5

)

 

$

 

 

$

1.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Activity for the Nine Months Ended September 30, 2023

 

 

 

 

 

December 31,

 

 

Restructuring

 

 

 

 

 

Cash

 

 

 

 

 

September 30,

 

(In Millions)

2022

 

 

Charge

 

 

FX Impact

 

 

Paid

 

 

Non-Cash

 

 

2023

 

Employee termination

$

5.4

 

 

$

0.4

 

 

$

 

 

$

(4.8

)

 

$

 

 

$

1.0

 

Impairment and other

 

 

 

 

0.3

 

 

 

 

 

 

 

 

 

(0.3

)

 

 

 

Total

$

5.4

 

 

$

0.7

 

 

$

 

 

$

(4.8

)

 

$

(0.3

)

 

$

1.0