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Goodwill and Intangible Assets | 12 Months Ended
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Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | NOTE 12. GOODWILL AND INTANGIBLE ASSETS The following table details amounts related to our goodwill and intangible assets:
|  |  |  | December 31, 2025 |  |  | December 31, 2024 |
|  | Estimated Useful Life |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |
Amortizing intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | 3-20 years |  | $ | 191.6 |  |  | $ | 170.7 |  |  | $ | 194.7 |  |  | $ | 163.9 |
Developed technology |  | 10-20 years |  |  | 110.3 |  |  |  | 87.9 |  |  |  | 114.8 |  |  |  | 85.9 |
Trademarks and brand names |  | 3-20 years |  |  | 24.4 |  |  |  | 5.8 |  |  |  | 23.6 |  |  |  | 4.3 |
Software |  | 5-7 years |  |  | 19.7 |  |  |  | 11.2 |  |  |  | 19.7 |  |  |  | 7.8 |
Non-compete agreements |  | 3-5 years |  |  | 7.1 |  |  |  | 2.6 |  |  |  | 15.9 |  |  |  | 5.6 |
Other |  | Various |  |  | 7.4 |  |  |  | 2.9 |  |  |  | 9.0 |  |  |  | 0.5 |
Total |  |  |  | $ | 360.5 |  |  | $ | 281.1 |  |  | $ | 377.7 |  |  | $ | 268.0 |
Non-amortizing intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks and brand names |  | Indefinite |  |  | 345.8 |  |  |  |  |  |  | 345.3 |  |  |  |
Total intangible assets |  |  |  | $ | 706.3 |  |  |  |  |  | $ | 723.0 |  |  |  |
Goodwill |  | Indefinite |  | $ | 217.8 |  |  |  |  |  | $ | 203.2 |  |  |  |
As of December 31, 2025 and 2024, goodwill totaled $217.6 million and $203.0 million, respectively, within our Architectural Specialties segment, and $0.2 million within our Mineral Fiber segment for the same periods. The increase in goodwill as of December 31, 2025 compared to December 31, 2024 was due to changes in the purchase price allocation for Zahner, and the 2025 acquisitions of Parallel and Geometrik, net of foreign exchange movements. The following table presents the amortization expense related to our intangible assets for the years ended December 31, 2025, 2024 and 2023:
|  | 2025 |  |  | 2024 |  |  | 2023 |
Amortization expense |  | $ | 25.4 |  |  | $ | 19.9 |  |  | $ | 15.3 |
The expected annual amortization expense for the years 2026 through 2030 are as follows:
2026 |  | $ | 20.6 |
2027 |  |  | 11.1 |
2028 |  |  | 9.8 |
2029 |  |  | 5.6 |
2030 |  |  | 4.1 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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