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Other (Income)/Expense, net
 9 Months Ended
Sep. 30, 2025
Other Income and Expenses [Abstract]  
Other (Income)/Expense, net Other (Income)/Expense, net
The components of Other (income)/expense, net are:
Three months ended September 30,Nine months ended September 30,
(in thousands)
2025202420252024
Currency transaction losses/(gains)
$(1,054)$1,834 $7,751 $692 
Derivative instruments losses/(gains)(95)(485)(3,357)3,788 
Components of net periodic pension and postretirement cost other than service cost1,011 663 1,334 1,995 
Other losses/(gains)(209)1,245 (1,558)(543)
Total other (income)/expense, net$(347)$3,257 $4,170 $5,932 
Currency transaction losses/(gains), included within other (income)/expense, net were primarily the result of both realized and unrealized losses/(gains) on intercompany loans. In addition, changes in the fair value of derivative instruments included gains driven by currency rate movements, most notably the Brazilian Real and Mexican Peso. The Company divested its Arcari business during the quarter ended June 30, 2025, resulting in a net gain of $1.6 million, which is included within other (income)/expense, net for the nine months ended September 30, 2025.