Company: ALGN
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001097149-25-000079
Chunk: 159

Company: ALIGN TECHNOLOGY INC
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 159
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 of September 30, 2025, $32.0 million remained unpaid and was included in Accrued liabilities in our Condensed Consolidated Balance Sheets.Activity related to the restructuring liabilities associated with our restructuring initiatives consists of the following (in thousands):For the twelve months ended December 31, 20242023 Restructuring2024 RestructuringTotalBalance at beginning of period1$5,299 $— $5,299 Restructuring and other charges(598)36,991 36,393 Cash payments and adjustments(4,701)(23,990)(28,691)Balance at end of period1$— $13,001 $13,001 For the nine months ended September 30, 20252024 Restructuring2025 Restructuring2TotalBalance at beginning of period1$13,001 $— $13,001 Restructuring and other charges2,056 36,619 38,675 Cash payments and adjustments(14,569)(4,659)(19,228)Balance at end of period1$488 $31,960 $32,448 1 Included in “Accrued liabilities” within our Condensed Consolidated Balance Sheets.2 2025 restructuring activities include an immaterial amount of charges for non post-employment benefit related restructuring expense.

Note 16. Assets Held for Sale

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In connection with the 2025 Restructuring activities, refer to Note 15 “Restructuring and Other Charges”, we have undertaken additional actions to optimize our manufacturing footprint. These actions include disposing, either by sale or other than by sale, of certain capital assets, including various manufacturing assets and facilities. For discussion of assets disposed of other than by sale refer to Note 1 “Summary of Significant Accounting Policies."ASC Topic 360-10, Property, Plant and Equipment - Overall, requires a long-lived asset to be classified as “held for sale” in the period in which certain criteria are met. The Company classifies real estate assets as held for sale after the following conditions have been satisfied: (1) management, having the appropriate authority, commits to a plan to sell the asset, (2) the asset is available for immediate sale in its present condition, (3) the Company has initiated an active program to sell the asset, (4) it is probable the sale of the asset will be completed within one year, (5) the asset is being actively marketed for