| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | divestiture_reduction | in_progress | 2026-05-01 | Belarus | Belarus operations (laser cabinets and mechanical components) | USD 17,574 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Agreement to sell Belarus operations; assets and liabilities reclassified to held for sale in Q2 2026. Impairment charge of $17.6 million primarily reflects cumulative currency translation adjustments in the disposal group's net assets, not severance. Sale expected to complete within twelve months subject to regulatory approvals. No employee headcount affected was disclosed. | |||
| 2026-06-30 | divestiture_reduction | in_progress | 2026-05-01 | 2027-06-30 | Belarus | Manufacturing | USD 17,574 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company entered agreement to sell Belarus operations due to EU sanctions restricting supply of components. Assets classified as held for sale. Impairment charge recorded primarily for cumulative currency translation adjustments. Employee count not disclosed. | ||
| 2026-06-30 | acquisition_addition | announced | 2026-07-16 | 2026-12-31 | France | Medical | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Entered put option agreement to acquire 100% of Lumibird Medical. Expected to close in Q4 2026. Employee count not disclosed. | |||
| 2025-12-31 | restructuring | in_progress | Belarus | Manufacturing operations | USD 1 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2025 restructuring charges relate to assessment and further oversight of Belarusian operations; no employee count disclosed. Filer has shifted work previously done in Belarus to other countries and qualified third-party vendors, and continues to review strategic alternatives for the Belarus operations. | ||||
| 2025-12-31 | restructuring | completed | 2025-12-31 | 2025-12-31 | Belarus | Operations | USD 1 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charges related to assessment and further oversight of Belarusian operations. Employee count not disclosed. | ||
| 2025-12-31 | restructuring | in_progress | USD 601,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2025-09-30 | restructuring | in_progress | Belarus | Belarusian operations | USD 0 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Charges related to an assessment and further oversight of Belarusian operations; no employee count disclosed. | ||||
| 2025-09-30 | restructuring | in_progress | Belarus | USD 425 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge relates to assessment and further oversight of Belarusian operations; no employee count or completion date disclosed. Company continues to review strategic alternatives for Belarus. | |||||
| 2025-09-30 | restructuring | in_progress | Belarus | USD 425 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charges related to assessment and oversight of Belarusian operations. | |||||
| 2025-09-30 | restructuring | in_progress | USD 425,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-12-31 | divestiture_reduction | completed | 2024-08-29 | Russia | Russian subsidiary — Scientific and Technical Association 'IRE-Polus' | USD 198 (millions) | other f5-10k / GLM-5.3-flash-HTML | Date shown is the completion date per the filing. Sale of the Russian subsidiary completed for $51.1 million to a purchaser entity associated with Softline Projects LLC and existing IRE-Polus management. The $197.7 million loss on divestiture comprises $59.3 million of net-asset carrying value in excess of proceeds and $135.3 million of cumulative translation adjustment. IRE-Polus employees are excluded from the 4,602 year-end headcount per the CEO pay-ratio disclosure; affected headcount not quantified. | |||
| 2024-12-31 | acquisition_addition | completed | Germany | Laser cleaning systems (cleanLASER) | USD 67 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired 100% of the shares of Clean-Lasersysteme GmbH during the fourth quarter of 2024 for $66.7 million net of cash acquired; headcount added through the acquisition not disclosed. | ||||
| 2024-12-31 | divestiture_reduction | completed | 2024-08-29 | 2024-08-29 | Russia | Scientific and Technical Association IRE-Polus | USD 198 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the Russian subsidiary for $51.1 million with a $197.7 million loss on divestiture; headcount transferred to the purchaser is not quantified. Charge includes $135.3 million cumulative translation adjustment. | ||
| 2024-12-31 | acquisition_addition | completed | 2024-12-31 | 2024-12-31 | Germany | Laser cleaning systems | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 100% of Clean-Lasersysteme GmbH (cleanLASER) for $66.7 million net of cash in Q4 2024; acquired headcount is not disclosed. Includes a 24-month earn-out arrangement treated as compensation expense. | |||
| 2024-12-31 | plant_closure | in_progress | 2024-06-29 | Belarus | Manufacturing — laser cabinets and mechanical components | USD 27 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | EU sanctions effective 2024-07-01 barred supply from the Belarus factory to German operations after 2024-10-02; work shifted to other countries and third-party vendors qualified. $26.6 million long-lived asset impairment recorded; remaining Belarus asset value $3.8 million. Filer continues to review strategic alternatives. Headcount impact not quantified. | |||
| 2024-12-31 | divestiture_reduction | completed | 2024-08-29 | 2024-08-29 | Russia | Russian Operations | USD 198 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Sale of Russian subsidiary IRE-Polus for $51.1 million. Loss on divestiture of $197.7 million recorded. Employee count not explicitly disclosed in filing. | ||
| 2024-12-31 | acquisition_addition | completed | 2024-10-01 | 2024-10-01 | Germany | Laser Cleaning Systems | USD 67 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Clean-Lasersysteme GmbH (cleanLASER). Employee count not explicitly disclosed in filing. | ||
| 2024-12-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2024-09-30 | divestiture_reduction | completed | 2024-08-29 | 2024-08-29 | Russia | Scientific and Technical Association "IRE-Polus" | USD 197,651 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Company completed sale of Russian subsidiary. Loss on divestiture of $197.7M recorded. Employee count not disclosed. | ||
| 2024-09-30 | restructuring | completed | 2024-06-29 | 2024-09-30 | Belarus | Manufacturing | USD 26,566 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Impairment of long-lived assets due to EU sanctions limiting supply capabilities. Employee count not disclosed. | ||
| 2024-09-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-06-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-03-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-12-31 | restructuring | completed | 2022 | 2023 | Russia | Russian subsidiary (manufacturing operations) | USD -288 (thousands) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Program initiated Q4 2022 at Russian subsidiary; substantially completed during fiscal 2023. FY2023 activity: charges $1.4M, cash payments $3.7M, recoveries $1.7M (accrual release); net restructuring recovery of $0.3M per income statement; accrual balance zero at year-end. Employees affected not disclosed. | ||
| 2023-12-31 | restructuring | completed | 2022-10-01 | Russia | Russian subsidiary operations | USD 1,436 (thousands) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program implemented in Q4 2022 following EU sanctions; only FY2023 activity captured. Roll-forward shows $1,436 thousand of charges, $1,724 thousand of recoveries and $3,719 thousand of cash payments, yielding a net recovery of $288 thousand for the year. Program substantially completed during 2023; employees affected not disclosed. | |||
| 2023-12-31 | restructuring | completed | 2022-10-01 | 2023-12-31 | Russia | Manufacturing | USD 0 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Program initiated in Q4 2022. Substantially completed in 2023. Net recovery of $0.3 million recorded in 2023 due to release of accrued expenses. Employee count not explicitly disclosed for the 2023 completion phase. | ||
| 2023-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 1,436,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | completed | 2022-10-01 | 2023-09-30 | Russia | Russian subsidiary | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Restructuring program at Russian subsidiary implemented in Q4 2022; substantially completed in Q3 2023 with net recoveries of $1.5 million for the quarter and $0.357 million YTD; remaining accrual of $18 thousand at period end. | ||
| 2023-09-30 | restructuring | completed | 2023-09-30 | Russia | Russian subsidiary | USD -357 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program implemented in Q4 2022 and substantially completed in Q3 2023; no employee count disclosed. Income statement shows net restructuring recoveries of $357 thousand for the nine months ended 2023-09-30 (and $1,501 thousand for the three months), reflecting release of accrued amounts rather than a new charge. Restructuring accrual fell from $4,869 thousand to $18 thousand over the nine-month period. | |||
| 2023-09-30 | restructuring | completed | 2023-09-30 | Russia | USD -1,501 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Program substantially completed in Q3 2023; remaining accrual recovered resulting in net restructuring recoveries of $1.5 million for the quarter. | ||||
| 2023-09-30 | restructuring | in_progress | Other Restructuring [Member] | USD 1,367,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | 2022-10-01 | Russia | Russian subsidiary | USD 963 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Personnel-related restructuring program at Russian subsidiary implemented in Q4 2022; charges of $963 thousand for the three months and $1,144 thousand for the six months ended June 30, 2023; all personnel-related charges expected to be paid within 6 months; restructuring accrual balance of $1,960 thousand at June 30, 2023. No employee count disclosed. | |||
| 2023-06-30 | restructuring | in_progress | 2022-10-01 | Russia | Russian subsidiary | USD 1,144 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program implemented in Q4 2022; personnel-related charges of $963K in Q2 2023 and $1,144K YTD 2023. Accrual balance $1,960K at 2023-06-30. Employee headcount affected not disclosed; charges expected to be paid within 6 months. | |||
| 2023-06-30 | restructuring | in_progress | 2022-10-01 | Russia | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Personnel-related restructuring charges of $963k for Q2 2023 related to program implemented in Q4 2022. Employee count not disclosed. | ||||
| 2023-06-30 | restructuring | in_progress | 2022-10-01 | Russia | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Personnel-related restructuring charges of $1.144M for YTD 2023 related to program implemented in Q4 2022. Employee count not disclosed. | ||||
| 2023-06-30 | restructuring | in_progress | USD 963,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-06-30 | restructuring | in_progress | Other Restructuring [Member] | USD 1,144,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | 2022-10-01 | Russia | Russian subsidiary | USD 181 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Personnel-related restructuring program at Russian subsidiary implemented in Q4 2022; Q1 2023 charge of $181 thousand for personnel and other post-employment benefits; all charges expected to be paid within 12 months; accrual balance $2,925 thousand at March 31, 2023. No employee count disclosed. | |||
| 2023-03-31 | restructuring | in_progress | 2022 | 2024-03-31 | Russia | Russian subsidiary | USD 181 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program implemented at Russian subsidiary in Q4 2022; Q1 2023 charges were personnel-related restructuring and other post-employment benefits. Number of employees affected not disclosed. Filer states all personnel-related charges expected to be paid within 12 months; restructuring accrual was $2,925 thousand at 2023-03-31. | ||
| 2023-03-31 | restructuring | in_progress | 2024-03-31 | Russia | USD 181 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Personnel-related restructuring charges of $181k for Q1 2023. Program initiated in Q4 2022. All charges expected to be paid within 12 months. Employee count not disclosed. | ||||
| 2023-03-31 | restructuring | in_progress | USD 181,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-03-31 | restructuring | in_progress | Other Restructuring [Member] | USD 181,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | 2022-10 | 2023-12-31 | Russia | Russian subsidiary (company operates a single reportable segment) | USD 8,542 (thousands) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Program implemented in Q4 2022 (announcement date reflects October 2022 EU sanctions that triggered it). Charge covers personnel-related restructuring and other post-employment benefits; accrual of $4,869 thousand remained at year-end after $4,493 thousand of cash payments, and roughly $1,600 thousand of additional charges expected in 2023 with payments within 12 months. | ||
| 2022-12-31 | plant_closure | completed | 2022-10 | Lebanon | Branch office that supported the divested telecommunications transmission business | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Branch office closed in Q4 2022 in conjunction with the Q3 2022 divestiture of the telecommunications transmission product line; its charges are included in the combined $9,697 thousand of 2022 personnel-related restructuring charges, but the Lebanon-specific amount is not separately disclosed. | ||||
| 2022-12-31 | restructuring | completed | 2022-10-31 | 2023-12-31 | Russia | Russian subsidiary operations | USD 8,542 (thousands) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program implemented in Q4 2022 following October 2022 EU sanctions; charge covers personnel-related restructuring and other post-employment benefits. Employees affected not disclosed. Filer expects approximately $1,600 thousand of additional personnel-related restructuring charges in 2023. | ||
| 2022-12-31 | plant_closure | completed | 2022-09-30 | 2022-12-31 | Lebanon | Telecommunications transmission business support office | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Lebanon branch office closed in conjunction with the divestiture of the telecommunications transmission product line; employees affected not disclosed. Included within the $9,697 thousand total 2022 personnel-related restructuring charge. | |||
| 2022-12-31 | divestiture_reduction | completed | 2022-08-31 | 2022-09-30 | Global | Telecommunications transmission product lines | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Telecommunications transmission product line sold for $56,222 thousand in Q3 2022 with a $21,918 thousand gain; associated headcount not disclosed. | |||
| 2022-12-31 | restructuring | completed | 2022-10-01 | 2022-12-31 | Russia | Manufacturing | USD 9 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring-related costs of $8.5 million recorded in Q4 2022 due to change in business after EU sanctions. Employee count not explicitly disclosed. | ||
| 2022-12-31 | plant_closure | completed | 2022-09-30 | 2022-12-31 | Lebanon | Telecommunications | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Closure of office in Lebanon supporting divested telecommunications business. Included in total $9.7M restructuring charges. Employee count not disclosed. | |||
| 2022-12-31 | restructuring | in_progress | RUSSIAN FEDERATION | USD 8,542,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 9,697,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-09-30 | divestiture_reduction | completed | 2022-09-30 | Telecommunications transmission product lines | USD 21,748 (thousands) | other f5-10q / GLM-5.3-flash-fp4-HTML | Sale of telecommunications transmission product lines for $56.2 million completed in Q3 2022; gain of $21.7 million recorded. Headcount removed via the divestiture is not disclosed. Related R&D expense reduction noted in MD&A. | ||||
| 2022-09-30 | divestiture_reduction | completed | Global | Telecommunications transmission product lines | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of telecom transmission product lines for $56.2 million completed in Q3 2022; no headcount impact disclosed. | |||||
| 2022-09-30 | restructuring | in_progress | USD 1 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge of $919 thousand recognized in Q3 2022; no employee counts or severance detail disclosed. | ||||||
| 2022-09-30 | divestiture_reduction | completed | 2022-09-30 | 2022-09-30 | Global | Telecommunications transmission product lines | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Company completed sale of telecommunications transmission product lines. No specific employee count affected was disclosed in the filing. | |||
| 2021-12-31 | restructuring | in_progress | Non-Cash Asset Related Costs [Member] / Other Restructuring Plans [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | completed | 2019 | Global | Workforce reduction, facility consolidation, and exit of submarine telecommunications investment | USD 506 (thousands) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year global program implemented in the second half of 2019. FY2020 charges of $506 thousand ($417K severance and employee benefits; $89K contract cancellations); restructuring accrual balance was zero at December 31, 2020, indicating wind-down. Employees affected not disclosed. MD&A separately cites $0.4M severance and $0.1M lease termination costs tied to the submarine network division restructuring within this program. | |||
| 2020-12-31 | divestiture_reduction | completed | 2019 | Brazil | Submarine networks reporting unit (SND, acquired from Padtec SA in Q1 2019) | other f5-10k / GLM-5.3-flash-HTML | Company decided in 2019 to cease investment in submarine telecommunications and sell the unit; sale completed in the third quarter of 2020. Headcount removed with the divestiture is not disclosed; related severance and lease-termination charges are captured in the Note 6 restructuring record. | ||||
| 2020-12-31 | acquisition_addition | completed | 2020 | Brazil | Advanced photonics development (Pi-Tecnologia S.A.) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired Pi-Tecnologia S.A. in the fourth quarter of 2020 for $2,717 thousand ($906K paid at closing; remainder contingent over three years; goodwill $3,211K). Headcount added through the acquisition is not disclosed. | ||||
| 2020-12-31 | restructuring | completed | 2020-12-31 | Global | Submarine network division | USD 506 (thousands) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2020 charges under the program begun in 2019: $417K severance/employee benefits and $89K contract cancellations; accrual balance zero at 2020-12-31. MD&A separately cites $0.4M severance and $0.1M lease termination costs from the submarine network division restructuring. Employees affected not disclosed; program originated in 2019 — only FY2020 activity captured. | |||
| 2020-12-31 | divestiture_reduction | completed | 2020-09-30 | Global | Submarine networks reporting unit | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Submarine networks reporting unit sold in Q3 2020 after the 2019 decision to cease investment; headcount removed through the sale not disclosed. Announcement date not stated (decision disclosed in 2019 filing). | ||||
| 2020-12-31 | acquisition_addition | completed | 2020-12-31 | Brazil | Advanced photonics | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired PiTec in Q4 2020 for $2,717K ($906K paid at closing, remainder contingent over three years); headcount added not disclosed. | ||||
| 2020-12-31 | restructuring | completed | 2019-06-30 | 2020-12-31 | Global | Submarine Network Division | USD 1 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charges related to global restructuring programs implemented in H2 2019, including ceasing investment in submarine telecommunications. 2020 charges included $0.4M severance and $0.1M lease termination costs. Accrual balance was $0 at year-end. | ||
| 2020-12-31 | restructuring | in_progress | Non-Cash Asset Related Costs [Member] / Other Restructuring Plans [Member] | USD 671,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 417,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Contract Termination [Member] | USD 89,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | USD 506,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2020-09-30 | restructuring | in_progress | Submarine network division | USD 0 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Severance of $0.4 million plus $0.1 million lease termination costs related to restructuring of the submarine network division; employee count not disclosed. Also $0.7 million of non-cash long-lived asset impairments for machinery and equipment. | |||||
| 2020-09-30 | restructuring | in_progress | Submarine network division | USD 1 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month restructuring charges of $1.2M include $0.4M severance and $0.1M lease termination for the submarine network division, plus $0.7M non-cash long-lived asset impairments. No employee count disclosed. | |||||
| 2020-09-30 | acquisition_addition | announced | 2020-10-01 | 2020-10-01 | Brazil | Advanced photonics | USD 3 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Pi-Tecnologia S.A. (PiTec) on 2020-10-01 for $2.717M ($0.906M paid at closing, remainder contingent over three years). No headcount added disclosed. | ||
| 2020-09-30 | restructuring | completed | Submarine network division | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Includes $0.4 million for severance and $0.1 million for lease termination costs. Employee count not disclosed. | |||||
| 2020-06-30 | restructuring | in_progress | Submarine network division (SND) | USD 1 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Restructuring of the submarine network division included approximately $0.4 million of severance and $0.1 million of lease termination costs; no employee counts disclosed. | |||||
| 2020-06-30 | restructuring | in_progress | Brazil | Submarine Network Division (SND) | USD 1 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge includes $0.4M severance, $0.1M lease termination, and $0.7M non-cash machinery/equipment impairment for SND restructuring. No employee count disclosed. | ||||
| 2020-06-30 | restructuring | in_progress | Submarine network division | USD 0 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Restructuring of submarine network division; $0.4 million severance and $0.1 million lease termination costs incurred in Q2 2020. Employee count not disclosed. | |||||
| 2019-12-31 | restructuring | in_progress | 2019-12-31 | Global | Manufacturing and operating functions | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program implemented during Q4 2019 (exact announcement date not disclosed); targets over 300 positions eliminated globally plus a hiring freeze, for approximately $30 million of annualized manufacturing and operating expense savings. Severance accrual of $1.466 million recorded in 2019 per restructuring footnote. | ||||
| 2019-12-31 | restructuring | in_progress | 2019-12-31 | Brazil | Submarine network division (SND) | USD 21 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision in Q4 2019 to cease further investment in SND and pursue strategic alternatives; cumulative pre-tax charges through 2019-12-31 of $21.163 million, including $17.795 million goodwill impairment, $2.852 million asset impairment, $0.202 million severance and $0.314 million contract cancellations. Employees affected not disclosed. | |||
| 2019-12-31 | restructuring | in_progress | 2019-12-31 | Global | Workforce reduction and facility consolidation | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Other restructuring programs during 2019 focused on workforce reduction and facility consolidation; $3.762 million of expenses including $1.264 million severance and employee benefit costs and $2.498 million non-cash asset-related costs. Employees affected not disclosed. | |||
| 2019-12-31 | acquisition_addition | completed | 2019-03-31 | 2019-03-31 | Brazil | Submarine networking technology and services | USD 20 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of a submarine networking technology provider completed in Q1 2019 for $19.56 million; acquired headcount not disclosed. Business was subsequently placed under strategic review and ceased in Q4 2019. | ||
| 2019-12-31 | restructuring | completed | 300 | 2019-10-01 | 2019-12-31 | Global | Manufacturing and Operating Expenses | USD 2 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Cost reduction program implemented in Q4 2019. Headcount reduction of more than 300 positions. Associated severance and employee benefit costs of $1.8 million (comprising $1.3 million from global restructuring and $0.2 million from SND cessation). | |
| 2019-12-31 | restructuring | completed | 2019-10-01 | 2019-12-31 | Brazil | Submarine Network Division (SND) | USD 0 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Cessation of further development in SND. Specific headcount not disclosed separately from global total, but severance costs of $0.2 million incurred. | ||
| 2019-12-31 | restructuring | in_progress | SND Plan [Member] | USD 21,163,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Non-Cash Asset Related Costs [Member] / SND Plan [Member] | USD 2,852,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Employee Severance [Member] / SND Plan [Member] | USD 202,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Contract Termination [Member] / SND Plan [Member] | USD 314,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Other Restructuring Plans [Member] | USD 3,762,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Employee Severance [Member] / Other Restructuring Plans [Member] | USD 1,264,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Non-Cash Asset Related Costs [Member] / Other Restructuring Plans [Member] | USD 2,498,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 1,466,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Contract Termination [Member] | USD 314,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | USD 1,780,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2019-09-30 | restructuring | announced | 300 | 2019-12-31 | Global | Manufacturing and operating expenses | USD 1 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Program to begin in Q4 2019; targets ~$30 million annualized expense reduction. Headcount reduction stated as 'more than 300 positions' plus attrition-related reductions via hiring freeze; also anticipates consolidating a small number of facilities over time. Charges primarily termination benefits, mostly recorded in Q4 2019. | ||
| 2019-09-30 | restructuring | announced | 300 | 2019-11-05 | 2019-12-31 | Global | Manufacturing and operating functions | USD 1 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer states more than 300 positions to be reduced; program also includes a hiring freeze, limited replacement of attrition, and consolidation of a small number of facilities. Full expense impact expected as the company exits Q4 2019; charge of approximately $1 million, mostly recorded in Q4 2019. | |
| 2019-09-30 | acquisition_addition | completed | Brazil | Telecommunications (submarine networks division) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the submarine networks division of Padtec SA completed in Q1 2019 for $19.56 million; exact announcement/closing date and headcount added not disclosed. | |||||
| 2019-09-30 | restructuring | announced | 300 | 2019-09-30 | 2019-12-31 | Global | Manufacturing and Operating | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Company announced cost reduction program to reduce annualized expenses by ~$30M. Includes reduction of >300 positions and hiring freeze. Charges of ~$1M primarily for termination benefits expected in Q4 2019. | |
| 2019-03-31 | acquisition_addition | completed | Brazil | Submarine networks division (SND) of Padtec SA — communications equipment | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Padtec SND completed during Q1 2019 for $19.56 million; headcount added through the acquisition was not quantified in the filing. | |||||
| 2018-12-31 | acquisition_addition | completed | 2018-12-03 | 2018-12-03 | United States, Mexico, Japan | Robotic welding and automation systems | USD 108 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price for Genesis Systems Group, LLC; headcount added not disclosed. Genesis assets were 5.6% of total assets and 0.6% of 2018 net sales. | ||
| 2018-12-31 | acquisition_addition | completed | 2018-06-30 | 2018-06-30 | Germany | Customized laser systems | USD 4 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of robot concept GmbH (RC) near Munich; headcount added not disclosed. Announcement date approximate (second quarter 2018). | ||
| 2018-09-30 | acquisition_addition | completed | Germany (near Munich) | Laser-based systems integration | USD 4,453 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q2 2018 acquisition of 100% of robot concept GmbH (RC); purchase price $4,453 thousand, goodwill $4,072 thousand. No employee headcount transferred disclosed. | ||||
| 2017-12-31 | acquisition_addition | completed | 2017 | 2017 | United States (Oviedo, Florida) | Components (volume Bragg gratings) | USD 16,870 (thousands) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 100% of OptiGrate Corporation completed in Q2 2017; purchase price $16.9M. Headcount added not disclosed. | ||
| 2017-12-31 | acquisition_addition | completed | 2017 | 2017 | United States (Minneapolis, Minnesota) | Laser systems (medical device industry) | USD 40,256 (thousands) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Innovative Laser Technologies, LLC completed in Q3 2017; purchase price $40.3M. Headcount added not disclosed. | ||
| 2017-12-31 | acquisition_addition | completed | 2017 | 2017 | Canada (Kingston, Ontario) | Laser welding quality monitoring systems | USD 9,944 (thousands) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Laser Depth Dynamics Inc. completed in Q4 2017; purchase price $9.9M including $0.9M contingent consideration. Headcount added not disclosed. | ||
| 2017-09-30 | acquisition_addition | completed | United States (Oviedo, Florida) | Volume Bragg gratings (lasers and laser diodes) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of OptiGrate Corporation for $16,870 thousand in Q2 2017; headcount added not disclosed in this filing. | |||||
| 2017-09-30 | acquisition_addition | completed | United States (Minneapolis, Minnesota) | Laser-based systems for medical device industry | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of membership units of Innovative Laser Technologies, LLC for $40,256 thousand during Q3 2017; headcount added not disclosed in this filing. | |||||
| 2017-06-30 | acquisition_addition | completed | Oviedo, Florida, United States | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of OptiGrate Corporation during Q2 2017 for $16,870 thousand; no employee headcount added disclosed. | ||||||
| 2017-06-30 | acquisition_addition | announced | Minneapolis, Minnesota, United States | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closed after 2017-06-30 for $40,181 thousand cash, subject to working capital adjustments; no employee headcount added disclosed. | ||||||
| 2016-12-31 | acquisition_addition | completed | United States | Communications / Telecom | USD 47 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired Menara Networks, Inc. of Dallas, Texas during the second quarter of 2016 for $46.8 million; exact transaction date and headcount added not disclosed. Purchase price shown is consideration, not a workforce charge. | ||||
| 2016-12-31 | acquisition_addition | completed | United States | Research and development / Ultrafast lasers | USD 2 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired BioPhotonic Solutions, Inc. of East Lansing, Michigan during the fourth quarter of 2016 for $1.559 million, subject to working capital adjustments; exact transaction date and headcount added not disclosed. | ||||
| 2016-12-31 | acquisition_addition | completed | Russia | Laser systems | USD 1 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Paid $0.95 million in 2016 to increase ownership interest in RukhTekh LLC (RuchTech) to approximately 98% (76% acquired in 2015); headcount added not disclosed. | ||||
| 2016-03-31 | acquisition_addition | announced | 2016-06-30 | Dallas, Texas, United States | Optical transmission modules and systems for optical networks | USD 46,750 (thousands) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter agreement to acquire Menara Networks, Inc.; cash purchase price $46,750 thousand subject to closing adjustments; expected to close Q2 2016. No headcount disclosed. | |||
| 2015-12-31 | acquisition_addition | completed | 2015-03-15 | 2015-03-15 | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired 76% ownership interest in RukhTekh LLC (RuchTech) on March 15, 2015; purchase agreement was entered into during 2014. Company paid $5.0 million for its interest (fair value $6.6 million), recording $6.3 million of purchased technology intangibles and $64 thousand of goodwill. The filing does not disclose the number of employees added through the acquisition. | |||||
| 2015-12-31 | acquisition_addition | completed | 2015-03-15 | 2015-03-15 | Russia | High-power laser systems | USD 5 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company purchased a 76% ownership interest in RuchTech LLC for $5.0 million; acquired headcount not disclosed. Purchase price recorded as acquisition of businesses in investing activities. | ||
| 2015-12-31 | acquisition_addition | completed | 2015-03-15 | 2015-03-15 | Russia | Other | USD 5 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Purchased 76% ownership interest in RuchTech. Headcount not explicitly disclosed. | ||
| 2015-06-30 | acquisition_addition | completed | 2015-03-15 | High-power systems product line | USD 5,000 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | IPG acquired a 76% ownership interest in RukhTekh LLC for $5,000 thousand; purchase price allocation preliminary as of 2015-06-30. No employee headcount added through the transaction is disclosed. | ||||
| 2015-03-31 | acquisition_addition | completed | 2015-03-15 | Russia | High-power laser systems (multi-dimension cutting, welding, cladding) | USD 5,000 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | IPG acquired a 76% ownership interest in RukhTekh LLC for $5,000 thousand, paid on 2015-03-15; purchase price allocation preliminary. No employee headcount for the acquired entity is disclosed in this filing. | |||
| 2013-12-31 | acquisition_addition | completed | 2013-03-13 | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired working capital and long-term assets of Mobius Photonics Inc., a high-power pulsed UV fiber laser maker, on March 13, 2013; recorded $4.5 million of intangibles and $455 thousand of goodwill. Employee headcount added was not disclosed, and the filing states the deal did not materially affect 2013 results. | ||||||
| 2013-03-31 | acquisition_addition | completed | 2013-03-13 | United States | Other applications (UV and short-pulsed fiber lasers) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of working capital and long-term assets of Mobius Photonics Inc.; headcount added not disclosed. Purchase price allocation preliminary. | ||||
| 2012-12-31 | acquisition_addition | completed | 2012-08-31 | 2012-08-31 | United States | Laser-based systems for semiconductor, LED and solar fine-processing applications | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the working capital and long-term assets of JP Sercel Associates, Inc. Headcount added through the acquisition is not disclosed; consideration included cash plus contingent earn-out of up to $18.5 million. | |||
| 2012-09-30 | acquisition_addition | completed | 2012-08-31 | United States (New Hampshire) | Laser systems for semiconductor, LED and solar applications | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of working capital and long-term assets of JP Sercel Associates, Inc.; no employee count disclosed. Consideration included contingent earn-outs totaling up to $18.5 million. | ||||
| 2011-12-31 | acquisition_addition | completed | 2011 | Italy | other f5-10k / GLM-5.3-flash-HTML | Acquisition of certain assets of Multilane Technology completed through the Italian subsidiary in the first quarter of 2011. The filing does not disclose acquired headcount; net assets acquired were primarily software intangibles (~$1.2 million), with cash consideration of ~$0.9 million plus contingent consideration of ~$0.3 million fair value. Prior-year (2010) acquisitions of Photonics Innovations and Cosytronic are excluded as they relate to fiscal 2010. | |||||
| 2010-12-31 | acquisition_addition | completed | 2010-01 | United States (Birmingham, Alabama) | Photonics Innovations, Inc. — active and passive laser materials and tunable lasers (middle infrared) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition completed January 2010; headcount added was not disclosed. Combined cash paid for both 2010 acquisitions was $4.5 million and neither was material to results. | ||||
| 2010-12-31 | acquisition_addition | completed | 2010-04 | Germany | Cosytronic KG — automated welding turnkey solutions | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition completed April 2010; headcount added was not disclosed. Filing states the acquisition was not material to liquidity, financial position or results of operations. | ||||
| 2010-12-31 | acquisition_addition | completed | 2010-01-31 | 2010-01-31 | United States (Birmingham, Alabama) | Advanced applications / mid-infrared lasers | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Photonics Innovations, Inc. completed January 2010; headcount added not disclosed. Total cash paid for 2010 acquisitions was $4.5 million. | |||
| 2010-12-31 | acquisition_addition | completed | 2010-04-30 | 2010-04-30 | Germany | Materials processing / automated welding solutions | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Cosytronic KG completed April 2010; headcount added not disclosed. Included seller financing and contingent consideration with fair value of about $1.0 million. | |||
| 2010-09-30 | acquisition_addition | completed | 2010-01-31 | 2010-01-31 | United States | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Photonics Innovations, Inc. completed January 2010; no employee headcount added disclosed. Cash paid across both 2010 acquisitions totaled $4.6 million plus $1.0 million contingent consideration and seller financing. | ||||
| 2010-09-30 | acquisition_addition | completed | 2010-04-30 | 2010-04-30 | Germany | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Cosytronic, KG (automated welding solutions) completed April 2010; no employee headcount added disclosed. Contingent consideration liability of $678 thousand accrued at quarter-end. | ||||
| 2010-06-30 | acquisition_addition | completed | 2010-01 | United States | Laser materials and tunable lasers (scientific, biomedical, range-finding applications) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Photonics Innovations, Inc. acquired January 2010; headcount added not disclosed. Consideration disclosed in Note 9 as part of $4.6M aggregate cash payments for two acquisitions | ||||
| 2010-06-30 | acquisition_addition | completed | 2010-04 | Germany | Automated welding turnkey solutions | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cosytronic, KG acquired April 2010; headcount added not disclosed. Described as not material to liquidity or financial position | ||||
| 2010-06-30 | acquisition_addition | completed | 2010-01-01 | United States | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Photonics Innovations, Inc. completed in January 2010. Headcount not disclosed. | |||||
| 2010-06-30 | acquisition_addition | completed | 2010-04-01 | Germany | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Cosytronic, KG completed in April 2010. Headcount not disclosed. | |||||
| 2010-03-31 | acquisition_addition | completed | 2010-01-31 | United States | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Photonics Innovations, Inc. completed January 2010; net cash outflow of $0.7 million. Filer states the acquisition was not material to liquidity or financial position; no headcount added disclosed. | |||||
| 2009-12-31 | acquisition_addition | completed | 2010-01-31 | 2010-01-31 | United States | Advanced Applications | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Completed January 2010 (subsequent to fiscal year-end); maker of active/passive laser materials and tunable lasers. Filer states the acquisition was not material to liquidity or financial position; no headcount disclosed. |