v3.26.1
Related Parties
3 Months Ended
Mar. 31, 2026
Related Party Transactions [Abstract]  
Related Parties Related Parties
The Company has entered into various transactions with related parties. The Company’s Board of Directors has members that are employees of BDT & MSD Partners, LLC ("BDT"), which the Company paid $0.1 million for the three months ended March 31, 2026 and 2025, respectively. Management fees are classified as Selling, general and administrative expenses in the Company's Condensed Consolidated Statements of Comprehensive Income. Entities affiliated with BDT hold a controlling interest in a vendor that the Company purchases raw materials from. The Company made purchases of $2.0 million and $1.3 million from this vendor during the three months ended March 31, 2026 and 2025, respectively, included in inventory and cost of sales. As of March 31, 2026 and March 31, 2025, the Company had amounts due to this vendor of $2.0 million and $1.9 million, respectively, included in Accounts payable - related parties in the Condensed Consolidated Balance Sheets.