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Other Income (Expense), net
9 Months Ended
Sep. 30, 2026
Other Income and Expenses [Abstract]  
Other Income (Expense), net Other Expense, net
The components of Other expense, net are as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2026202520262025
Non-income tax refunds and other related credits$—$2,597$52$2,897
(Loss) gain on disposals of property, plant, equipment and other assets, net(301)(57)(422)2,051
Foreign exchange losses, net(1,233)(2,500)(1,205)(7,101)
Pension and postretirement benefit costs, non-service components(286)(469)(863)(1,351)
Debt modification and extinguishment costs——(1,711)—
Product liability claim reimbursement— — 1,000—
Earnout liability adjustment— 794 —454
Interest income589 579 1,8851,991
Multiemployer plan withdrawal charge— (923)—(923)
Other non-operating income (expense), net434 (291)850350
Other expense, net$(797)$(270)$(414)$(1,632)
Non-income tax refunds and other related credits includes $1.8 million of indirect tax credits and interest received during the three and nine months ended September 30, 2025 relating to the Brazil Supreme Court ruling in regard to certain non-income (indirect) taxes that have been previously charged and paid.
During the nine months ended September 30, 2026, the Company recorded Debt modification and extinguishment costs of approximately $1.7 million, which includes the write-off of certain previously unamortized deferred financing costs as well as a portion of the third-party costs incurred to execute an amendment to the Company’s Credit Facility during April 2026. See Note 14, Debt, for more information.
(Loss) gain on disposals of property, plant, equipment and other assets, net includes the gain of $2.2 million recognized for the sale of certain property previously classified as held for sale during the nine months ended September 30, 2025.
Foreign exchange losses, net includes a $1.4 million foreign exchange loss, respectively, during the nine months ended September 30, 2025 relating to the change in fair value of the foreign exchange forward contracts entered into in connection with the acquisition of Dipsol. See Note 17, Hedging Activities, for more information.
Product liability claim reimbursement reflects insurance recoveries during the nine months ended September 30, 2026 relating to a previous payment by the Company in connection with a product liability dispute with a customer.
Multiemployer plan withdrawal charge during the three and nine months ended September 30, 2025 represents a $0.9 million expense related to the Company withdrawing from the Cleveland Bakers and Teamsters Pension Fund, a multiemployer defined benefit pension plan, in connection with a site closure under the Company’s restructuring program and facility closure actions.