Segment Information (Tables)

Reportable segment information is presented in the following table:


(In thousands)	Americas		International		Corporate/Reconciling Items(a)			Consolidated Totals
Three Months Ended March 31, 2026
Net sales to external customers	$	325,238	$	138,394	$	—		$	463,632
Less:
Cost of products sold	160,932		79,728		—
Selling, general and administrative	56,540		37,420		11,536
Research and development	9,640		6,715		—
Adjusted operating income	98,126		14,531
Noncash items:
Depreciation and amortization	12,160		5,973		219			18,352
Pension (income) expense	(5,427)		1,049		—			(4,378)
Total Assets	1,660,427		949,179		(45,620)		(b)	2,563,986
Capital expenditures	7,658		2,286		643			10,587
Three Months Ended March 31, 2025
Net sales to external customers	$	293,160	$	128,180	$	—		$	421,340
Less:
Cost of products sold	154,180		71,479		—
Selling, general and administrative	50,918		31,693		9,899
Research and development	9,369		6,300		—
Adjusted operating income	78,693		18,708
Noncash items:
Depreciation and amortization	11,517		4,505		229			16,251
Pension (income) expense	(4,695)		847		—			(3,848)
Total Assets	1,481,750		699,029		55,106			2,235,885
Capital expenditures	8,791		1,850		143			10,784
(a) Corporate/Reconciling items consist primarily of corporate expenses and other items not directly attributable to reportable segments. (b) Negative Corporate/Reconciling items driven primarily by bank overdrafts under our notional cash pooling arrangement. Refer to Note 3—Cash and Cash Equivalents for further details.

A reconciliation of total Adjusted operating income from reportable segments to Income before income taxes is presented in the following table:


	Three Months Ended March 31,
(In thousands)		2026		2025
Adjusted operating income from reportable segments		$	112,657	$	97,401
Less:
Corporate expenses		11,536		9,899
Restructuring charges (Note 4)		2,329		1,924
Currency exchange losses, net		199		4,076
Interest expense		7,703		6,835
Other income, net		(7,681)		(7,023)
Acquisition-related amortization		3,392		2,286
Transaction costs(a)		2,187		1,455



Income before income taxes		$	92,992	$	77,949
(a) Transaction costs include advisory, legal, accounting, valuation, and other professional or consulting fees incurred during our evaluation of or in connection with acquisitions and divestitures. These costs are included in Selling, general and administrative expense in the unaudited Condensed Consolidated Statements of Income.

Total sales by product group was as follows:
















Three Months Ended March 31, 2026	Consolidated			Americas			International
(In thousands, except percentages)	Dollars		Percent		Dollars		Percent	Dollars		Percent
Detection (a)	$	180,842	39%		$	123,975	38%	$	56,867	41%
Fire Service (b)	159,271		34%		116,092		36%	43,179		31%
Industrial PPE and Other (c)	123,519		27%		85,171		26%	38,348		28%
Total	$	463,632	100%		$	325,238	100%	$	138,394	100%

Three Months Ended March 31, 2025	Consolidated			Americas			International
(In thousands, except percentages)	Dollars		Percent		Dollars		Percent	Dollars		Percent
Detection (a)	$	161,070	38%		$	109,891	37%	$	51,179	40%
Fire Service (b)	150,616		36%		105,907		36%	44,709		35%
Industrial PPE and Other (c)	109,654		26%		77,362		27%	32,292		25%
Total	$	421,340	100%		$	293,160	100%	$	128,180	100%
(a) Detection includes Fixed Gas and Flame Detection and Portable Gas Detection. Detection includes the sales of the acquired M&C TechGroup and its affiliated companies (“M&C”), from May 6th, 2025, onward (Americas and International). Refer to Note 15—Acquisitions for further information. (b) Fire Service includes Breathing Apparatus and Firefighter Helmets and Protective Apparel. (c) Industrial PPE and Other includes Industrial Head Protection, Fall Protection and other.