v3.26.3
Goodwill and Other Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Changes in goodwill by reportable segment

The changes in the carrying amount of goodwill for the nine months ended September 30, 2026 are summarized as follows:

 

 

 

Americas

 

 

MEAP

 

 

Consolidated

 

Balance as of December 31, 2025

 

$

14.4

 

 

$

65.2

 

 

$

79.6

 

Foreign currency impact

 

 

—

 

 

 

1.2

 

 

 

1.2

 

Balance as of September 30, 2026

 

$

14.4

 

 

$

66.4

 

 

$

80.8

 
Gross carrying amount, accumulated amortization and net book value of intangible assets other than goodwill

The gross carrying amount, accumulated amortization, and net book value of the Company’s other intangible assets other than goodwill as of September 30, 2026 and December 31, 2025, are summarized as follows:

 

 

 

September 30, 2026

 

 

December 31, 2025

 

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization
Amount

 

 

Net
Book
Value

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization
Amount

 

 

Net
Book
Value

 

Definite lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

27.8

 

 

$

(15.7

)

 

$

12.1

 

 

$

28.0

 

 

$

(14.6

)

 

$

13.4

 

Patents

 

 

29.6

 

 

 

(29.4

)

 

 

0.2

 

 

 

30.3

 

 

 

(30.0

)

 

 

0.3

 

Noncompetition agreements

 

 

4.2

 

 

 

(4.2

)

 

 

—

 

 

 

4.2

 

 

 

(3.6

)

 

 

0.6

 

Trademarks and tradenames

 

 

2.2

 

 

 

(2.2

)

 

 

—

 

 

 

2.2

 

 

 

(1.9

)

 

 

0.3

 

Total

 

$

63.8

 

 

$

(51.5

)

 

$

12.3

 

 

$

64.7

 

 

$

(50.1

)

 

$

14.6

 

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks and tradenames

 

$

93.2

 

 

$

—

 

 

$

93.2

 

 

$

95.5

 

 

$

—

 

 

$

95.5

 

Distribution network

 

 

14.6

 

 

 

—

 

 

 

14.6

 

 

 

15.0

 

 

 

—

 

 

 

15.0

 

Total

 

 

107.8

 

 

 

—

 

 

 

107.8

 

 

 

110.5

 

 

 

—

 

 

 

110.5

 

Total other intangible assets

 

$

171.6

 

 

$

(51.5

)

 

$

120.1

 

 

$

175.2

 

 

$

(50.1

)

 

$

125.1

 
Schedule of Goodwill Balances by Reportable Segment

The gross carrying amount, accumulated impairment and net book value of the Company's goodwill balances by reportable segment as of September 30, 2026 and December 31, 2025, are summarized as follows:

 

 

 

September 30, 2026

 

 

December 31, 2025

 

 

 

Gross Carrying Amount

 

 

Accumulated Impairment Amount

 

 

Net Book Value

 

 

Gross Carrying Amount

 

 

Accumulated Impairment Amount

 

 

Net Book Value

 

Americas

 

$

180.9

 

 

$

(166.5

)

 

$

14.4

 

 

$

180.9

 

 

$

(166.5

)

 

$

14.4

 

EURAF

 

 

82.2

 

 

 

(82.2

)

 

 

—

 

 

 

82.2

 

 

 

(82.2

)

 

 

—

 

MEAP

 

 

66.4

 

 

 

—

 

 

 

66.4

 

 

 

65.2

 

 

 

—

 

 

 

65.2

 

Total

 

$

329.5

 

 

$

(248.7

)

 

$

80.8

 

 

$

328.3

 

 

$

(248.7

)

 

$

79.6