Intangible Assets |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Intangible Asset, Goodwill and Other [Abstract] | |
| Intangible Assets | Intangible Assets Goodwill and indefinite-lived intangible assets are tested for impairment at least annually. During our annual goodwill and indefinite-lived intangible assets impairment test performed in the fourth quarter of 2025, we determined the carrying value of our Specialty reporting unit exceeded the fair value estimate and an impairment charge was recorded. In connection with our previously announced plan to explore a potential sale of our Specialty reporting unit, we performed an interim impairment test for our Specialty reporting unit as of March 31, 2026. Based on the results of this interim goodwill impairment test, the Specialty reporting unit had a fair value estimate which exceeded the carrying value by 11% and, therefore, no further impairment existed. For the three months ended June 30, 2026, we did not identify any triggering events or other indicators of impairment that necessitated any further interim test of goodwill impairment or indefinite-lived intangible assets impairment for our Specialty reporting unit. For our North America and Europe reporting units, we did not identify any triggering events or other indicators of impairment in the first six months of 2026 that necessitated an interim test of goodwill impairment or indefinite-lived intangible assets impairment.
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