v3.26.3
Note 10 - Goodwill and Other Identifiable Intangible Assets
 9 Months Ended
Sep. 27, 2026
Notes to Financial Statements  
Intangible Asset and Goodwill [Text Block]

10.       Goodwill and other identifiable intangible assets

 

Changes in goodwill during the first nine months ended September 27, 2026, were as follows:

 

 

 

Gas

 

 

 

 

​

 

 

 

​

In millions

 

Cylinders

 

 

Elektron

 

 

Total

 

At January 1, 2026

 

$

27.5

 

 

$

42.1

 

 

$

69.6

 

Exchange difference

 

 

(0.5

)

 

 

(0.3

)

 

 

(0.8

)

Net balance at September 27, 2026

 

$

27.0

 

 

$

41.8

 

 

$

68.8

 

 

Accumulated goodwill impairment losses in relation to continuing activities were $8.0 million as of  September 27, 2026 and December 31, 2025.

 

Identifiable intangible assets consisted of the following:

 

 

 

Customer

 

 

Technology and

 

 

 

 

​

In millions

 

relationships

 

 

trading related

 

 

Total

 

Cost:

 

 

 

​

 

 

 

​

 

 

 

​

At January 1, 2026

 

$

15.6

 

 

$

8.2

 

 

$

23.8

 

Exchange movements

 

 

—

 

 

 

(0.2

)

 

 

(0.2

)

At September 27, 2026

 

$

15.6

 

 

$

8.0

 

 

$

23.6

 

 

 

 

 

​

 

 

 

​

 

 

 

​

Accumulated amortization:

 

 

 

​

 

 

 

​

 

 

 

​

At January 1, 2026

 

$

7.6

 

 

$

5.3

 

 

$

12.9

 

Provided during the period

 

 

0.3

 

 

 

0.3

 

 

 

0.6

 

Exchange movements

 

 

—

 

 

 

(0.2

)

 

 

(0.2

)

At September 27, 2026

 

$

7.9

 

 

$

5.4

 

 

$

13.3

 

 

 

 

 

​

 

 

 

​

 

 

 

​

Net book values:

 

 

 

​

 

 

 

​

 

 

 

​

At January 1, 2026

 

$

8.0

 

 

$

2.9

 

 

$

10.9

 

At September 27, 2026

 

$

7.7

 

 

$

2.6

 

 

$

10.3

 

 

Identifiable intangible asset amortization expense was $0.6 million for the first nine months of 2026 and 2025.

 

Intangible asset amortization expense during each of the following five years is expected to be approximately $0.8 million per year.