v3.26.1
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Goodwill
The changes in the net carrying amount of goodwill by operating segment were as follows:
(Dollars in millions)Advanced Electronics SolutionsElastomeric Material SolutionsOtherTotal
December 31, 2025$51.7 $249.5 $2.2 $303.4 
Foreign currency translation adjustment— (2.3)— (2.3)
June 30, 2026$51.7 $247.2 $2.2 $301.1 
Schedule of Intangible Assets
The carrying amount of intangible assets were as follows:
June 30, 2026December 31, 2025
(Dollars in millions)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated ImpairmentAccumulated AmortizationNet Carrying Amount
Customer relationships$179.6 $108.5 $71.1 $180.9 $— $105.6 $75.3 
Technology78.4 67.7 10.7 79.4 — 67.2 12.2 
Trademarks and trade names19.9 8.5 11.4 20.1 — 8.3 11.8 
Total definite-lived intangible assets277.9 184.7 93.2 280.4 — 181.1 99.3 
Indefinite-lived intangible asset— — — 4.5 4.5 — — 
Total intangible assets$277.9 $184.7 $93.2 $284.9 $4.5 $181.1 $99.3 
The amortization expense related to intangible assets was as follows:
Three Months EndedSix Months Ended
(Dollars in millions)June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Amortization expense$2.6 $2.7 $5.3 $5.4 
Schedule of Weighted Average Amortization Period, by Intangible Asset Class
The weighted average amortization period as of June 30, 2026, by intangible asset class, is presented in the table below:
Weighted Average Remaining Amortization Period
Customer relationships6.5 years
Technology2.6 years
Trademarks and trade names8.4 years
Total intangible assets6.3 years