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Acquisitions and Divestitures (Tables)
12 Months Ended
Dec. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Business Combination, Recognized Asset Acquired and Liability Assumed
As of December 31, 2025, the preliminary allocation of the purchase price to the assets acquired and liabilities assumed, based on their estimated fair values at the acquisition date, is as follows:

Total
Current assets, net of cash acquired$7.5 
Property, plant and equipment8.1 
Goodwill37.0
Intangible assets44.8 
Other noncurrent assets2.9 
Total assets acquired100.3 
Current liabilities(6.2)
Deferred income taxes(9.9)
Other noncurrent liabilities(2.6)
Net assets acquired(1)
$81.6 

(1) During the fourth quarter of 2025, the Company finalized the purchase price of Micro-LAM, resulting in a reduction to the purchase price of $0.3 million.
The final allocation of the purchase price to the assets acquired and liabilities assumed, based on their estimated fair values at the acquisition date, is as follows:

Total
Current assets, net of cash acquired$82.3 
Property, plant and equipment51.5 
Goodwill488.6
Intangible assets412.8
Other noncurrent assets15.0
Total assets acquired1,050.2 
Current liabilities(50.7)
Deferred income taxes(4.6)
Other noncurrent liabilities(12.9)
Net assets acquired(1)
$982.0 

(1) During the first quarter of 2025, the Company finalized the purchase price of Mott, resulting in a reduction to the purchase price of $4.2 million. Funds were received by the Company in the first quarter of 2025.
The final allocation of the purchase price to the assets acquired and liabilities assumed, based on their estimated fair values at the acquisition date, is as follows:

Total
Current assets, net of cash acquired$10.6 
Property, plant and equipment19.4 
Goodwill54.2
Intangible assets44.1
Other noncurrent assets5.4
Total assets acquired133.7
Current liabilities(1.2)
Deferred income taxes(17.8)
Other noncurrent liabilities(4.9)
Net assets acquired
$109.8 
The final allocation of the purchase price to the assets acquired and liabilities assumed, based on their estimated fair values at the acquisition date, is as follows:

Total
Current assets, net of cash acquired$16.7 
Property, plant and equipment12.1 
Goodwill104.3 
Intangible assets92.3 
Other noncurrent assets3.0 
Total assets acquired228.4 
Current liabilities(5.5)
Deferred income taxes(19.8)
Other noncurrent liabilities(2.7)
Net assets acquired(1)
$200.4 
(1) During the first quarter of 2024, the Company finalized the purchase price of STC, resulting in a reduction to the purchase price of $1.6 million.
Schedule of Finite-Lived Intangible Assets Acquired
The acquired intangible assets and weighted average amortization periods are as follows:

Total
Weighted Average Life (in years)
Trade names$5.3 15
Customer relationships21.1 11
Technology18.4 12
Acquired intangible assets$44.8 
The acquired intangible assets and weighted average amortization periods are as follows:

Total
Weighted Average Life (in years)
Trade names$42.0 15
Customer relationships269.0 14
Technology101.8 13
Acquired intangible assets$412.8 
The acquired intangible assets and weighted average amortization periods are as follows:

Total
Weighted Average Life (in years)
Trade names$5.2 15
Customer relationships27.8 12
Technology11.1 11
Acquired intangible assets$44.1 
The acquired intangible assets and weighted average amortization periods are as follows:

Total
Weighted Average Life (in years)
Trade names$9.3 15
Customer relationships63.0 15
Technology20.0 11
Acquired intangible assets$92.3 
Schedule of Business Acquisitions-Related cost and the Fair value Inventory A summary of the acquisition costs and the fair value inventory step-up charges recorded in the years ended December 31, 2025, 2024 and 2023 are presented in the following table:
202520242023
Acquisition costs$4.6 $10.4 $7.3 
Fair value inventory step-up charges0.6 9.6 1.6