v3.26.1
Operations by Industry Segment and Geographic Area (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Asset information for the Company's reportable segments is set forth below:

June 30, 2026December 31, 2025
(in millions)Infrastructure SolutionsMaterials SolutionsTotalInfrastructure SolutionsMaterials SolutionsTotal
Reportable segment assets$1,326.3 $1,167.9 $2,494.2 $1,210.4 $1,147.7 $2,358.1 

Revenue, significant expense and capital expenditure information for the Company's reportable segments is set forth below:

Three Months Ended June 30, 2026Three Months Ended June 30, 2025
(in millions)Infrastructure SolutionsMaterials SolutionsTotalInfrastructure SolutionsMaterials SolutionsTotal
Reportable segment revenues:
Revenues from external customers$228.3 $179.8 $408.1 $204.6 $125.7 $330.3 
Intersegment revenues5.8 0.6 6.4 9.4 0.9 10.3 
Total revenues - reportable segments$234.1 $180.4 $414.5 $214.0 $126.6 $340.6 
Significant reportable segment expenses:
Manufacturing operation costs:
Equipment$110.2 $77.7 $187.9 $95.9 $66.0 $161.9 
Parts29.6 31.1 60.7 28.1 18.9 47.0 
Other23.6 16.9 40.5 22.0 8.4 30.4 
General and administrative12.5 12.9 25.4 13.3 8.0 21.3 
Sales and marketing12.1 11.9 24.0 11.1 6.7 17.8 
Quality costs (1)
3.5 3.2 6.7 6.3 2.4 8.7 
Research and development3.5 3.0 6.5 4.2 2.3 6.5 
Inventory period costs (2)
6.3 2.4 8.7 0.8 1.4 2.2 
Other segment items (3)
(0.1)(0.8)(0.9)0.1 (1.8)(1.7)
Reportable Segment Operating Adjusted EBITDA$32.9 $22.1 $55.0 $32.2 $14.3 $46.5 
Reportable segment capital expenditures$4.2 $3.0 $7.2 $3.0 $0.9 $3.9 
(1) Quality costs related to repair or other remediation expenses incurred for corrective action on product failures covered by warranties or voluntarily for certain warranty-type expenses occurring after the normal warranty period expires to help protect the reputation of the Company's products and maintain the goodwill of customers.
(2) Inventory period costs primarily relate to inventory reserves and adjustments and net scrap sales.
(3) Other segment items consists of foreign exchange gains and losses, investment income and loss, gains and losses on the sale of property and equipment and other income and expense amounts that are included in Segment Operating Adjusted EBITDA that are not considered to be significant segment expenses.
Six Months Ended June 30, 2026Six Months Ended June 30, 2025
(in millions)Infrastructure SolutionsMaterials SolutionsTotalInfrastructure SolutionsMaterials SolutionsTotal
Reportable segment revenues:
Revenues from external customers$465.3 $339.1 $804.4 $440.6 $219.1 $659.7 
Intersegment revenues14.0 1.9 15.9 18.2 3.0 21.2 
Total revenues - reportable segments$479.3 $341.0 $820.3 $458.8 $222.1 $680.9 
Significant reportable segment expenses:
Manufacturing operation costs:
Equipment$208.6 $147.8 $356.4 $193.5 $106.9 $300.4 
Parts68.3 58.0 126.3 64.4 38.0 102.4 
Other53.6 44.0 97.6 46.5 19.0 65.5 
General and administrative25.8 26.6 52.4 28.2 15.8 44.0 
Sales and marketing28.0 22.5 50.5 22.5 13.0 35.5 
Quality costs (1)
8.3 3.9 12.2 12.9 4.9 17.8 
Research and development7.5 5.5 13.0 8.6 4.2 12.8 
Inventory period costs (2)
11.7 3.0 14.7 7.1 3.0 10.1 
Other segment items (3)
(0.2)(1.3)(1.5)— (2.2)(2.2)
Reportable Segment Operating Adjusted EBITDA$67.7 $31.0 $98.7 $75.1 $19.5 $94.6 
Reportable segment capital expenditures$9.1 $5.9 $15.0 $5.9 $1.6 $7.5 
(1) Quality costs related to repair or other remediation expenses incurred for corrective action on product failures covered by warranties or voluntarily for certain warranty-type expenses occurring after the normal warranty period expires to help protect the reputation of the Company's products and maintain the goodwill of customers.
(2) Inventory period costs primarily relate to inventory reserves and adjustments and net scrap sales.
(3) Other segment items consists of foreign exchange gains and losses, investment income and loss, gains and losses on the sale of property and equipment and other income and expense amounts that are included in Segment Operating Adjusted EBITDA that are not considered to be significant segment expenses.
Schedule of Reconciliation of Operating Profit (Loss) from Segments to Consolidated
The reconciliation of Reportable Segment Operating Adjusted EBITDA to total "Income before income taxes" is set forth below:

Three Months Ended June 30,Six Months Ended June 30,
(in millions)2026202520262025
Segment Operating Adjusted EBITDA - reportable segments$55.0 $46.5 $98.7 $94.6 
Corporate and Other expenses(12.4)(12.7)(25.8)(25.6)
Transformation program(4.6)(3.4)(8.4)(10.3)
Restructuring and other related charges(1.2)— (1.2)— 
Acquisition and integration costs(1.2)(1.4)(4.1)(2.2)
Interest expense, net(6.2)(0.5)(12.8)(1.9)
Depreciation and amortization(14.4)(6.0)(28.6)(12.4)
Net loss attributable to noncontrolling interest— 0.1 — 0.1 
Income before income taxes$15.0 $22.6 $17.8 $42.3 
Schedule of Sales into Major Geographic Regions
"Net sales" into major geographic regions, attributable to the shipping location or the location where service was performed, were as follows:

Three Months Ended June 30,Six Months Ended June 30,
(in millions)2026202520262025
United States$332.6 $262.0 $651.6 $535.8 
Canada19.8 17.6 43.8 33.0 
Australia10.9 14.5 23.4 19.2 
Europe9.6 7.6 17.6 15.0 
Africa9.2 8.3 16.3 16.5 
South America (excluding Brazil)4.5 3.2 13.8 6.4 
Brazil5.3 10.6 12.6 16.3 
Asia6.5 3.6 12.2 10.4 
Mexico5.9 1.3 7.9 4.5 
Central America (excluding Mexico)2.0 0.2 3.0 0.6 
Other1.8 1.4 2.2 2.0 
Total foreign75.5 68.3 152.8 123.9 
Total net sales$408.1 $330.3 $804.4 $659.7