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Supplemental Financial Information (Tables)
12 Months Ended
Dec. 31, 2022
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)202220212020
Restructuring charges
Manufacturing footprint optimization$1,114 $3,115 $12,348 
U.S. footprint consolidation363 — — 
Restructuring charges1,477 3,115 12,348 
Impairment charges
Fixed assets impairment charges47,191 455 587 
Other impairment charges17,894 — 52 
Impairment charges65,085 455 639 
Total restructuring and impairment charges$66,562 $3,570 $12,987 
The following table summarizes the allocation of restructuring and impairment charges to our operating segments:
Years Ended December 31,
(Dollars in thousands)202220212020
Advanced Electronics Solutions
Allocated restructuring charges$1,070 $3,029 $11,947 
Allocated impairment charges40,450 455 587 
Elastomeric Material Solutions
Allocated restructuring charges407 86 401 
Allocated impairment charges24,635 — 52 
Total restructuring and impairment charges$66,562 $3,570 $12,987 
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, 2022:
(Dollars in thousands)Manufacturing Footprint Optimization Restructuring Severance and Related Benefits
Balance as of December 31, 2021$1,395 
Provisions363 
Payments(1,606)
Foreign currency translation adjustment(104)
Balance as of December 31, 2022
$48 
Schedule of Components of Other Operating (Income) Expense, Net
The components of “Other operating (income) expense, net” were as follows:
Years Ended December 31,
(Dollars in thousands)202220212020
UTIS fire
Fixed assets write-offs$ $1,073 $— 
Inventory charges197 874 — 
Professional services1,449 2,771 — 
Lease obligations437 994 — 
Lease impairments 495 — 
Compensation & benefits2,420 2,072 — 
Third-party property claims 4,650 — 
Other(262)155 — 
Insurance recoveries(6,646)(6,874)— 
Total UTIS fire(2,405)6,210 — 
Regulatory termination fee, net(142,069)— — 
Loss (gain) on sale or disposal of property, plant and equipment460 (880)41 
Economic incentive grants — (145)
Total other operating (income) expense, net$(144,014)$5,330 $(104)
Schedule of Components of Interest Expense, Net
The components of “Interest expense, net” were as follows:
Years Ended December 31,
(Dollars in thousands)202220212020
Interest on revolving credit facility$8,966 $892 $3,294 
Interest rate swap settlements — 3,191 
Line of credit fees522 1,066 715 
Debt issuance amortization costs715 715 593 
Interest on finance leases23 287 134 
Interest income(685)(541)(939)
Other6 117 147 
Total interest expense, net$9,547 $2,536 $7,135