Quarterly report [Sections 13 or 15(d)]

Operational Improvement Plan (Tables)

v3.25.3
Operational Improvement Plan (Tables)
9 Months Ended
Sep. 30, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Accrued Restructuring Costs
As of September 30, 2025, accrued restructuring costs related to the 2025 Operational Improvement Plan, consist of the following (dollars in thousands, unaudited):
Reduction in Workforce
Transition Costs
Total Restructuring Costs
Balance as of January 1, 2025
$ —  $ —  $ — 
Costs incurred
2,149  —  2,149 
Costs paid or settled
(563) —  (563)
Balance as of June 30, 2025
$ 1,586  $ —  $ 1,586 
Costs incurred
788  702  1,490 
Costs paid or settled
(1,012) (702) (1,714)
Balance as of September 30, 2025
$ 1,362  $ —  $ 1,362