Supplemental Financial Information (Tables)

3 Months Ended

Mar. 31, 2023

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, which contains restructuring charges and related expenses, as well as impairment charges, were as follows:

	Three Months Ended
(Dollars in thousands)	March 31, 2023		March 31, 2022
Restructuring charges
Manufacturing footprint optimization	$	—	$	69
Global workforce reduction	7,028		—
Facility consolidations	3,473		—
Total restructuring charges	10,501		69
Total restructuring and impairment charges	$	10,501	$	69

The following table summarizes the allocation of restructuring and impairment charges to our operating segments:

	Three Months Ended
(Dollars in thousands)	March 31, 2023		March 31, 2022
Advanced Electronics Solutions
Allocated restructuring charges	$	5,446	$	69
Elastomeric Material Solutions
Allocated restructuring charges	5,055		—
Total restructuring and impairment charges	$	10,501	$	69

Schedule of Severance Activity

(Dollars in thousands)	Global Workforce Reduction Restructuring Severance and Related Benefits
Balance as of December 31, 2022	$	—
Provisions	6,996
Payments	(2,368)
Foreign currency translation adjustment	61
Balance as of March 31, 2023	$	4,689

Schedule of Other Operating (Income) Expense

The components of “Other operating (income) expense, net” line item in the condensed consolidated statements of operations, were as follows:

	Three Months Ended
(Dollars in thousands)	March 31, 2023		March 31, 2022
UTIS fire
Inventory charges	—		201
Professional services	263		434
Lease obligations	—		232
Compensation & benefits	—		796
Other	—		11
Insurance recoveries	(500)		(2,190)
Total UTIS fire	(237)		(516)
(Gain) loss on sale or disposal of property, plant and equipment	18		(15)
Total other operating (income) expense, net	$	(219)	$	(531)

Schedule of Components of Interest Expense, Net

The components of “Interest expense, net” line item in the condensed consolidated statements of operations, were as follows:

	Three Months Ended
(Dollars in thousands)	March 31, 2023		March 31, 2022
Interest on revolving credit facility	$	(3,380)	$	(839)
Line of credit fees	(302)		(138)
Debt issuance amortization costs	(282)		(179)
Interest income	505		108
Other	(3)		(21)
Total interest expense, net	$	(3,462)	$	(1,069)