A "restructuring charge" is a one-time cost that a company incurs when it reorganizes its operations or makes significant changes to its structure. Such charges may include expenses related to layoffs, asset impairment, contract terminations, facility closures, or write-downs of inventory. The restructuring charge is meant to reflect the costs associated with the changes and to help the company's financial statements to accurately represent its financial position. Investors may pay particular attention to restructuring charges as they can have a significant impact on a company's profitability in the short term.
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