Item 2.05. Costs Associated with Exit or Disposal Activities.
On
The closure of the
The Company expects to incur charges related to these closures and restructuring initiatives, including costs of employee severance and other costs related to workforce reductions and costs to dispose of facilities. The Company has not yet completed its analysis of the costs associated with implementation of these closures and restructuring initiatives, and therefore is not yet able to estimate the amount, or range of amounts, of these costs. The Company will provide additional disclosure through an amendment to this Current Report on Form 8-K once it makes a determination of an estimate or range of estimates.
Item 2.06. Material Impairments.
In connection with the closures and restructuring initiatives discussed in Item 2.05 above, the Company expects to incur charges for impairment of certain assets. The Company has not yet completed its analysis of all of the factors associated with the impairments, and therefore is not yet able to estimate the amount, or range of amounts, of the impairment charges. The Company will provide additional disclosure through an amendment to this Current Report on Form 8-K once it makes a determination of an estimate or range of estimates.
Item 7.01. Regulation FD Disclosure.
On
As noted in the press release, the
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits 99.1 Press Release, dateJune 13, 2022 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
This document may contain forward-looking statements that are subject to risks
and uncertainties including, but not limited to, risks and uncertainties related
to changes in the market and demand for our products and services, the
development, marketing and sales of products and services, changes in
technology, industry and regulatory standards, the timing of acquisitions and
the successful closing, integration and business and financial impact
thereof, governmental regulations, inspections and investigations, the impact of
site closures and consolidations, expansion and related efforts, and various
other market and operating risks, including those detailed in the Company's
filings with the
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