Annual report [Section 13 and 15(d), not S-K Item 405]

Other Operating Expense, Net

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Other Operating Expense, Net
12 Months Ended
Dec. 31, 2024
Other Income and Expenses [Abstract]  
Other Operating Expense, Net
8. Other Operating Expense, Net:
A summary of other operating expense, net is as follows:
Years ended December 31,
2024 2023 2022
Amortization expense $ 10,585  $ 10,565  $ 10,562 
Transaction and other related costs 428  2,954  6,988 
Restructuring, integration and business optimization costs(1)
955  2,655  11,566 
Net loss on asset disposals 2,351  4,137  3,594 
Intangible asset impairment charge (Note 14) 3,900  —  — 
Other, net 1,333  1,789  2,201 
Total operating expense, net $ 19,552  $ 22,100  $ 34,911 
(1)    During the year ended December 31, 2022, the Company’s results were impacted by costs associated with severance charges for certain former executives and employees. The severance charges were not related to a specific restructuring plan of the Company, but rather were incurred primarily in connection with the leadership transition in April 2022 and the retirement of several executives.