Annual report pursuant to Section 13 and 15(d)

Restructuring (Tables)

v3.25.0.1
Restructuring (Tables)
12 Months Ended
Dec. 31, 2024
Restructuring and Related Activities [Abstract]  
Summary of Restructuring Expense The table below presents the restructuring expense incurred:
Year Ended December 31,
2024
2023
Total
Operations and technology optimization
$27,162
$25,995
$53,157
Compensation and benefits
32,217
11,320
43,537
Asset impairment and other termination costs
318
11,057
11,375
Total
$59,697
$48,372
$108,069
Summary of Changes In The Restructuring Liability The table below presents a summary of changes in the restructuring liability:
Operations and
Technology
Optimization
Compensation and
Benefits
Asset Impairment
and Other
Termination Costs
Total
Balance at December 31, 2023
$5,886
$1,080
$
$6,966
Accrued costs
49,885
32,217
318
82,420
Payments
(38,788)
(29,467)
(68,255)
Non-cash adjustments
(318)
(318)
Balance at December 31, 2024
$16,983
$3,830
$
$20,813