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Supplemental Financial Information (Tables)
12 Months Ended
Dec. 31, 2021
Supplemental Income Statement Elements [Abstract]  
Schedule of Restructuring and Impairment Charges
The components of “Restructuring and impairment charges” line item in the condensed consolidated statements of operations, were as follows:
Years Ended December 31,
(Dollars in thousands)202120202019
Restructuring charges
Manufacturing footprint optimization$3,115 $12,348 $— 
Facility consolidation — 948 
Restructuring charges3,115 12,348 948 
Impairment charges
Fixed assets impairment charges455 587 1,537 
Other impairment charges 52 — 
Impairment charges455 639 1,537 
Total restructuring and impairment charges$3,570 $12,987 $2,485 
The following table summarizes the allocation of restructuring and impairment charges to our operating segments:
Years Ended December 31,
(Dollars in thousands)202120202019
Advanced Electronics Solutions
Allocated restructuring charges$3,029 $11,947 $— 
Allocated impairment charges455 587 1,537 
Elastomeric Material Solutions
Allocated restructuring charges86 401 948 
Allocated impairment charges 52 — 
Total restructuring and impairment charges$3,570 $12,987 $2,485 
Schedule of Severance and Related Benefits Activity Severance and related benefits activity related to the manufacturing footprint optimization plan is presented in the table below for the year ended December 31, 2021:
(Dollars in thousands)Manufacturing Footprint Optimization Restructuring Severance and Related Benefits
Balance as of December 31, 2020$11,003 
Provisions182 
Payments(9,175)
Foreign currency translation adjustment(615)
Balance as of December 31, 2021
$1,395 
Schedule of Components of Other Operating (Income) Expense, Net
The components of “Other operating (income) expense, net” were as follows:
Years Ended December 31,
(Dollars in thousands)202120202019
UTIS fire
Fixed assets write-offs$1,073 $— $— 
Inventory charges874 — — 
Professional services2,771 — — 
Lease obligations994 — — 
Lease impairments495 — — 
Compensation & benefits2,072 — — 
Third-party property claims4,650 — — 
Other155 — — 
Insurance recoveries(6,874)— — 
Total UTIS fire6,210 — — 
Lease income — (989)
Depreciation on leased assets — 1,907 
Loss (gain) on sale or disposal of property, plant and equipment(880)41 756 
Indemnity claim settlements from acquisitions — (715)
Economic incentive grants (145)— 
Total other operating (income) expense, net$5,330 $(104)$959 
Schedule of Components of Interest Expense, Net
The components of “Interest expense, net” were as follows:
Years Ended December 31,
(Dollars in thousands)202120202019
Interest on revolving credit facility$892 $3,294 $7,378 
Interest rate swap settlements 3,191 (200)
Line of credit fees1,066 715 576 
Debt issuance amortization costs715 593 552 
Interest on finance leases287 134 127 
Interest income(541)(939)(1,610)
Other117 147 46 
Total interest expense, net$2,536 $7,135 $6,869