XML 44 R36.htm IDEA: XBRL DOCUMENT v3.25.3
Goodwill and Other Intangibles, Net (Tables)
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Amortizable Intangible Assets

The following table provides information related to the carrying value of intangible assets with a useful life:

 

September 30, 2025

 

 

 

December 31, 2024

 

 

Gross

 

 

 

 

 

 

 

 

 

 

Amortization

 

Gross

 

 

 

 

 

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

Impairment

 

 

 

 

Period

 

Carrying

 

 

Accumulated

 

 

Impairment

 

 

 

 

 

Amount

 

 

Amortization

 

 

Charges(2)

 

 

Net

 

(Years)

 

Amount

 

 

Amortization

 

 

Charges(1)

 

 

Net

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade Names

$

2,113.3

 

 

$

(537.4

)

 

$

(11.6

)

 

$

1,564.3

 

3-20

 

$

1,383.4

 

 

$

(479.6

)

 

$

0.0

 

 

$

903.8

 

Customer Relationships

 

599.0

 

 

 

(358.8

)

 

 

(0.7

)

 

 

239.5

 

15-20

 

 

644.9

 

 

 

(402.1

)

 

 

(15.8

)

 

 

227.0

 

Patents/Formulas

 

205.6

 

 

 

(136.2

)

 

 

0.0

 

 

 

69.4

 

4-20

 

 

205.5

 

 

 

(127.2

)

 

 

0.0

 

 

 

78.3

 

Total

$

2,917.9

 

 

$

(1,032.4

)

 

$

(12.3

)

 

$

1,873.2

 

 

 

$

2,233.8

 

 

$

(1,008.9

)

 

$

(15.8

)

 

$

1,209.1

 

 

(1) The $15.8 impairment charge (as discussed above) relates to the VMS customer relationship intangible asset, which had a gross value of $79.2 and accumulated amortization of $63.4 prior to full impairment.

(2) The $12.3 impairment charge relates to the Flawless trade name and Spinbrush customer relationship intangible asset, which had a gross value of $76.2 and accumulated amortization of $63.9 prior to full impairment. The impairments were a result of the Company's decision to exit these businesses.

Indefinite Lived Intangible Assets

The following table presents the carrying value of indefinite-lived intangible assets:

 

September 30,

 

 

December 31,

 

 

2025

 

 

2024

 

Gross Carrying Value Trade Names

$

1,680.6

 

 

$

1,960.7

 

VMS impairment

 

0.0

 

 

 

(281.3

)

Spinbrush impairment

 

(7.9

)

 

 

0.0

 

Trade Names

$

1,672.7

 

 

$

1,679.4

 

Summary of the VMS intangible and fixed asset impairment charges recorded

A summary of the VMS intangible and fixed asset impairment charges recorded in the third quarter of 2024 are as follows:

December 31,

2024

Trade Name

$

281.3

Customer Relationship Intangible Asset

15.8

PP&E

60.0

Total VMS impairment charges

$

357.1

Carrying Amount of Goodwill

The carrying amount of goodwill is as follows:

 

Consumer

 

 

Consumer

 

 

Specialty

 

 

 

 

 

Domestic

 

 

International

 

 

Products

 

 

Total

 

Balance at December 31, 2024

$

2,061.1

 

 

$

237.2

 

 

$

134.9

 

 

$

2,433.2

 

Touchland acquired goodwill

 

207.4

 

 

 

0.0

 

 

 

0.0

 

 

 

207.4

 

Other

 

0.4

 

 

 

0.0

 

 

 

0.0

 

 

 

0.4

 

Balance at September 30, 2025

$

2,268.9

 

 

$

237.2

 

 

$

134.9

 

 

$

2,641.0