Quarterly report [Sections 13 or 15(d)]

Business Optimization Plans (Tables)

v3.26.3
Business Optimization Plans (Tables)
9 Months Ended
Sep. 30, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Accrued Restructuring Costs
As of September 30, 2026, accrued restructuring costs related to the 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
561  883  1,444 
Costs paid or settled
(1,015) (1,372) (2,387)
Balance as of September 30, 2026
$ 297  $ —  $ 297