v3.26.1
Segment Information (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Net Sales and Operating Profit by Segments
Net sales, Costs of products sold, and Gross profit by segments were (in millions):
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
Net sales
FAM$201.7 $204.4 $390.0 $392.0 
SAS330.1 321.0 621.4 618.2 
Consolidated$531.8 $525.4 $1,011.4 $1,010.2 
Cost of products sold
FAM$154.1 $155.5 $302.7 $311.0 
SAS264.4 266.2 510.5 522.9 
Consolidated$418.5 $421.7 $813.2 $833.9 
Gross profit
FAM$47.6 $48.9 $87.3 $81.0 
SAS65.7 54.8 110.9 95.3 
Consolidated$113.3 $103.7 $198.2 $176.3 
Depreciation
FAM$6.8 $6.9 $13.5 $13.5 
SAS11.6 12.7 23.2 25.4 
Total segments18.4 19.6 36.7 38.9 
Unallocated0.6 0.7 1.0 1.3 
Consolidated$19.0 $20.3 $37.7 $40.2 
Schedule of Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset
Segment Net sales are attributed to the following geographic locations of the Company’s direct customers during the three months ended June 30, 2026 and 2025 were as follows (in millions):
Three Months Ended June 30,
20262025
FAM
SAS
Total
FAM
SAS
Total
United States$113.6 $201.2 $314.8 $110.4 $184.3 $294.7 
Europe
46.4 82.0 128.4 49.7 89.7 139.4 
Asia-Pacific29.1 22.7 51.8 31.3 17.5 48.8 
Americas (excluding U.S.)7.6 17.0 24.6 7.1 19.8 26.9 
Other foreign countries5.0 7.2 12.2 5.9 9.7 15.6 
Net sales$201.7 $330.1 $531.8 $204.4 $321.0 $525.4 
Segment Net sales are attributed to the following geographic locations of the Company’s direct customers during the six months ended 2026 and 2025 were as follows (in millions):
Six Months Ended June 30,
20262025
FAM
SAS
Total
FAM
SAS
Total
United States$214.1 $362.2 $576.3 $213.0 $356.9 $569.9 
Europe
97.7 167.3 265.0 96.2 169.0 265.2 
Asia-Pacific55.3 43.7 99.0 58.7 37.6 96.3 
Americas (excluding U.S.)13.6 34.0 47.6 13.6 37.1 50.7 
Other foreign countries9.3 14.2 23.5 10.5 17.6 28.1 
Net sales$390.0 $621.4 $1,011.4 $392.0 $618.2 $1,010.2 
Schedule of Net Sales as a Percentage by End Market
Net sales as a percentage by product category for the business were as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
Filtration & netting
24 %25 %25 %26 %
Advanced films
14 %13 %13 %13 %
Tapes, labels & liners
31 %30 %30 %30 %
Paper & packaging
16 %17 %17 %16 %
Healthcare & other
15 %15 %15 %15 %
   Net sales 100 %100 %100 %100 %