Annual report pursuant to Section 13 and 15(d)

Other Operating Expense, Net

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Other Operating Expense, Net
 12 Months Ended
Dec. 31, 2023
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,
2023 2022 2021
Amortization expense $ 10,565  $ 10,562  $ 10,321 
Transaction and other related costs 2,954  6,988  2,268 
Restructuring, integration and business optimization costs (1)
2,655  11,566  3,866 
Net loss on asset disposals 4,137  3,594  5,666 
Other, net 1,789  2,201  2,152 
$ 22,100  $ 34,911  $ 24,273 
(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.