Transaction costs include those associated with the Transaction, including subsequent costs directly related to its consummation. Other acquisition expenses include costs associated with our acquisitions, as well as costs incurred on potential acquisitions. Integration and restructuring expenses mainly include costs incurred to achieve post-Transaction synergies, information technology implementation costs, and costs incurred on business optimization, among others.

In connection with the closing of the Transaction, the Board of Directors authorized a series of cost cutting measures which are expected to continue through 2026. These restructuring costs are expected to result in a range of approximately $75.0 million to $100.0 million of aggregate charges, which are anticipated to include $47.0 million to $55.0 million of one-time cash termination benefits as well as costs associated with the decommissioning of facilities and the early termination of leases. This range excludes the impact of any gains resulting from the sale of facilities. As of December 31, 2025, management had incurred $42.6 million in total of one-time cash termination benefits associated with the plan and no further cash termination benefit costs are expected. No such cash termination benefit costs were incurred during the six months ended June 30, 2026.


	Three Months Ended June 30,				Six Months Ended June 30,
($ in millions)	2026		2025		2026		2025
Transaction costs	$	—	$	2.5	$	—	$	6.2
Other acquisition expenses	—		3.0		0.2		4.4
Other integration expenses	14.5		34.4		38.6		62.3
Total acquisition and integration expenses	14.5		39.9		38.8		72.9
Non-cash exit and disposal charges 1	1.2		2.4		3.2		2.9
Gain on sale of facilities	(5.7)		—		(11.9)		—
Facility closure expense 1	—		6.4		0.7		12.6
Employee severance and termination related benefits	—		1.0		—		1.1
Total restructuring (gains) expenses, net	(4.5)		9.8		(8.0)		16.6
Total acquisition, integration and restructuring expenses	$	10.0	$	49.7	$	30.8	$	89.5

For the three and six months ended June 30, 2026, integration-related costs of $16.3 million and $36.7 million, respectively, were recorded within Cost of sales on the Condensed Consolidated Statements of Operations. For both the three and six months ended June 30, 2025, integration-related costs of $23.1 million were recorded within Cost of sales on the Condensed Consolidated Statements of Operations.


($ in millions)	Amount









Balance as of December 31, 2024	$	46.4
Charges incurred	6.3
Payments made	(12.1)
Balance as of March 31, 2025	$	40.6
Charges incurred	7.4
Payments made	(12.2)
Balance as of June 30, 2025	$	35.8

Balance as of December 31, 2025	$	16.1
Charges incurred	0.7
Payments made	(8.2)
Balance as of March 31, 2026	$	8.6
Charges incurred	—
Payments made	(0.3)
Balance as of June 30, 2026	$	8.3