Annual report pursuant to Section 13 and 15(d)

Restructuring Activity (Tables)

v3.22.4
Restructuring Activity (Tables)
 12 Months Ended
Dec. 31, 2022
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs The following table presents the activity related to the restructuring plans, which is included in restructuring charges in the consolidated statements of operations:
Year Ended December 31,
2022 2021 2020
(in thousands)
Employee separation expenses $ 1,795  $ 1,273  $ 1,620 
Lease related charges 462  608  1,998 
Other 8  323  215 
$ 2,265  $ 2,204  $ 3,833 
Schedule of Restructuring Reserve by Type of Cost The following table presents a roll-forward of the Company’s restructuring liability for the years ended December 31, 2022 and 2021. The restructuring liability is included in accrued expenses and other current liabilities and other long-term liabilities in the consolidated balance sheets.
Employee Separation Expenses Lease Related Charges Other Total
(in thousands)
Liability as of December 31, 2020 $ 3,274  $ 720  $ 3  $ 3,997 
Restructuring charges 1,273  608  323  2,204 
Cash payments (1,833) (329) (25) (2,187)
Reimbursement from Intel (2,711) —  —  (2,711)
Non-cash charges and adjustments (3) (555) (301) (859)
Liability as of December 31, 2021 —  444  —  444 
Restructuring charges 1,795  462  8  2,265 
Cash payments (824) (273) —  (1,097)
Non-cash charges and adjustments —  (530) —  (530)
Liability as of December 31, 2022 971  103  8  1,082 
Less: current portion as of December 31, 2022 (971) (103) (8) (1,082)
Long-term portion as of December 31, 2022 $ —  $ —  $ —  $ —