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Goodwill and Other Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | Changes in the carrying amount of goodwill for the three months ended March 31, 2025 are summarized as follows (dollars in thousands):
| Packaging |  | Aerospace |  | Specialty Products |  | Total
Balance, December 31, 2024 | $ | 280,500 |  |  | $ | 69,300 |  |  | $ | 6,560 |  |  | $ | 356,360 |
Goodwill from acquisitions | — |  |  | 15,340 |  |  | — |  |  | 15,340 |
Foreign currency translation and other | 4,620 |  |  | 650 |  |  | — |  |  | 5,270 |
Balance, March 31, 2025 | $ | 285,120 |  |  | $ | 85,290 |  |  | $ | 6,560 |  |  | $ | 376,970 |
Schedule of Intangible Assets (excluding Goodwill) by Major Class | The Company amortizes its other intangible assets over periods ranging from one to 30 years. The gross carrying amounts and accumulated amortization of the Company's other intangibles are summarized below (dollars in thousands):
|  | As of March 31, 2025 |  | As of December 31, 2024
Intangible Category by Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Finite-lived intangible assets: |  |  |  |  |  |  |  |
Customer relationships, 5 – 12 years |  | $ | 144,200 |  |  | $ | (97,690) |  |  | $ | 138,840 |  |  | $ | (95,360) |
Customer relationships, 15 – 25 years |  | 129,230 |  |  | (88,230) |  |  | 129,230 |  |  | (86,690) |
Total customer relationships |  | 273,430 |  |  | (185,920) |  |  | 268,070 |  |  | (182,050) |
Technology and other, 1 – 15 years |  | 55,880 |  |  | (43,500) |  |  | 56,790 |  |  | (44,590) |
Technology and other, 17 – 30 years |  | 43,300 |  |  | (41,170) |  |  | 43,300 |  |  | (41,080) |
Total technology and other |  | 99,180 |  |  | (84,670) |  |  | 100,090 |  |  | (85,670) |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |
Trademark/Trade names |  | 61,310 |  |  | — |  |  | 60,640 |  |  | — |
Total other intangible assets |  | $ | 433,920 |  |  | $ | (270,590) |  |  | $ | 428,800 |  |  | $ | (267,720) |
Schedule of Finite-Lived Intangible Assets, Amortization Expense | Amortization expense related to intangible assets as included in the accompanying consolidated statement of income is summarized as follows (dollars in thousands):
|  |  |  | Three months ended March 31,
|  |  |  |  |  | 2025 |  | 2024
Technology and other, included in cost of sales |  |  |  |  |  | $ | 800 |  |  | $ | 790 |
Customer relationships, included in selling, general and administrative expenses |  |  |  |  |  | 3,390 |  |  | 3,420 |
Total amortization expense |  |  |  |  |  | $ | 4,190 |  |  | $ | 4,210 |

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- Definition Tabular disclosure of intangibles assets, in total and by major class, including the gross carrying amount and accumulated amortization. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company. + References No definition available. + Details
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