Company: CRL
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001100682-25-000011
Chunk: 190

Company: CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 190
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 Fiscal Year2022Severance and Transition CostsAsset Impairments and Other CostsTotal(in thousands)Twelve Months EndedCost of services provided (excluding amortization of intangible assets)$928 $1,784 $2,712 Cost of products sold (excluding amortization of intangible assets)532 1,765 2,297 Selling, general and administrative2,441 763 3,204 Total restructuring costs$3,901 $4,312 $8,213 

98

CHARLES RIVER LABORATORIES INTERNATIONAL, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

Rollforward of Restructuring ActivitiesThe following table provides a rollforward for all of the Company’s severance and transition costs related to all restructuring activities:Severance and Transition CostsAsset ImpairmentsOther CostsTotal(in thousands)Twelve Months Ended December 31, 2022Beginning balance$2,670 $— $1,341 $4,011 Expense3,901 2,654 1,658 8,213 Payments / utilization(6,095)— (1,162)(7,257)Other non-cash adjustments— (2,654)(893)(3,547)Foreign currency adjustments(120)— — (120)Ending Balance$356 $— $944 $1,300 Twelve Months Ended December 30, 2023Beginning balance$356 $— $944 $1,300 Expense11,608 15,543 2,531 29,682 Payments / utilization(7,800)— (1,843)(9,643)Other non-cash adjustments— (15,543)(757)(16,300)Foreign currency adjustments11 — — 11 Ending Balance$4,175 $— $875 $5,050 Twelve Months Ended December 28, 2024Beginning balance$4,175 $— $875 $5,050 Expense54,18540,91411,886106,985Payments / utilization(33,618)—(9,721)(43,339)Other non-cash adjustments—(40,914)(2,165)(43,079)Foreign currency adjustments(273)——(273)Ending Balance$24,469 $— $875 $25,344