Quarterly report [Sections 13 or 15(d)]

Operational Improvement Plan (Tables)

v3.26.1
Operational Improvement Plan (Tables)
3 Months Ended
Mar. 31, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Accrued Restructuring Costs
As of March 31, 2026, 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, 2026 $ 751  $ 489  $ 1,240 
Costs incurred
148  883  1,031 
Costs paid or settled
(380) (1,114) (1,494)
Balance as of March 31, 2026
$ 519  $ 258  $ 777