Quarterly report pursuant to Section 13 or 15(d)

Restructuring (Tables)

v3.22.2.2
Restructuring (Tables)
9 Months Ended
Sep. 30, 2022
Restructuring and Related Activities [Abstract]  
Summary of restructuring expense

The table below presents the restructuring expense incurred during the three and nine months ended September 30, 2022 and 2021:

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2022

 

2021

 

 

2022

 

2021

 

Compensation and benefits

 

$

19

 

$

895

 

 

$

725

 

$

9,246

 

Occupancy and other costs(1)

 

 

 

 

2,281

 

 

 

4,992

 

 

3,893

 

Total

 

$

19

 

$

3,176

 

 

$

5,717

 

$

13,139

 

Summary of changes in the restructuring liability

The table below presents a summary of changes in the restructuring liability from December 31, 2021 through September 30, 2022:

 

 

Compensation and
Benefits

 

 

Occupancy and Other Costs

 

 

Total

 

Balance as of December 31, 2021

 

$

407

 

 

$

 

 

$

407

 

Accrued costs

 

 

725

 

 

 

4,992

 

 

 

5,717

 

Payments

 

 

(982

)

 

 

(4,992

)

 

 

(5,974

)

Balance as of September 30, 2022

 

$

150

 

 

$

 

 

$

150