v3.26.1
Rationalization Charges (Tables)
6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Activity in Rationalization Plan Reserves Rationalization charges by segment were as follows:
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
(Dollars in thousands)
Dispensing and Specialty Closures$6,078 $3,275 $8,560 $7,646 
Metal Containers11,444 5,140 17,177 10,072 
Custom Containers637 1,449 1,469 3,105 
$18,159 $9,864 $27,206 $20,823 

Activity in reserves for our rationalization plans were as follows:
Employee
Severance
and Benefits
Plant
Exit
Costs
Non-Cash
Asset
Write-Downs
Total
(Dollars in thousands)
Balance at December 31, 2025
$44,962 $192 $— $45,154 
Charged to expense12,158 6,772 8,276 27,206 
Utilized and currency translation(13,816)(6,964)(8,276)(29,056)
Balance at June 30, 2026
$43,304 $— $— $43,304