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Supplemental Financial Information (Tables)

9 Months Ended

Sep. 30, 2025

Supplemental Income Statement Elements [Abstract]

Schedule of Restructuring and Impairment Charges

The components of the “Restructuring and impairment charges” line item in the condensed consolidated statements of operations, were as follows:

			Three Months Ended												Nine Months Ended
(Dollars in millions)			September 30, 2025						September 30, 2024						September 30, 2025						September 30, 2024
Restructuring charges
Manufacturing footprint consolidation			$	1.3					$	5.9					$	8.9					$	6.3
Global workforce reduction			0.4						—						2.9						—
Executive leadership transition			5.4						—						5.4						—
R&D facility exit			—						0.4						—						1.3
Facility consolidations			—						—						0.1						0.2
Total restructuring charges			7.1						6.3						17.3						7.8
Impairment charges
Goodwill impairment			—						—						67.3						—
Other intangible assets impairment			—						—						4.5						—
Total impairment charges			—						—						71.8						—
Total restructuring and impairment charges			$	7.1					$	6.3					$	89.1					$	7.8

The following table summarizes the allocation of restructuring and impairment charges to our operating segments:

			Three Months Ended												Nine Months Ended
(Dollars in millions)			September 30, 2025						September 30, 2024						September 30, 2025						September 30, 2024
Advanced Electronics Solutions
Allocated restructuring charges			$	4.2					$	6.1					$	12.7					$	7.2
Allocated impairment charges			—						—						71.8						—
Elastomeric Material Solutions
Allocated restructuring charges			2.9						0.2						4.6						0.6
Allocated impairment charges			—						—						—						—
Total restructuring and impairment charges			$	7.1					$	6.3					$	89.1					$	7.8

Schedule of Severance Activity

Severance and related benefits activity related to the manufacturing footprint consolidation plan is presented in the table below for the nine months ended September 30, 2025:

(Dollars in thousands)			Manufacturing Footprint Consolidation Restructuring Severance and Related Benefits
Balance as of December 31, 2024			$	9.2
Provisions			6.8
Payments			(12.7)
Foreign currency translation adjustment			1.4
Balance as of September 30, 2025			$	4.7

Severance and related benefits activity related to the executive leadership transition is presented in the table below for the nine months ended September 30, 2025:

(Dollars in thousands)			Executive Leadership Transition Restructuring Severance and Related Benefits
Balance as of December 31, 2024			$	—
Provisions			5.3
Payments			(3.2)
Foreign currency translation adjustment			—
Balance as of September 30, 2025			$	2.1

Schedule of Other Nonoperating Income (Expense)

The components of the “Other income (expense), net” line item in the condensed consolidated statements of operations, were as follows:

			Three Months Ended												Nine Months Ended
(Dollars in millions)			September 30, 2025						September 30, 2024						September 30, 2025						September 30, 2024
Foreign currency translation impacts			$	0.8					$	(0.1)					$	(2.4)					$	0.7
Foreign currency derivative impacts			(0.4)						(0.8)						(0.8)						(1.2)
Copper derivative impacts			—						(0.1)						0.1						0.3
Other			—						(0.5)						(0.3)						(0.6)
Total other income (expense), net			$	0.4					$	(1.5)					$	(3.4)					$	(0.8)

Schedule of Components of Interest Income (Expense), Net

The components of “Interest income (expense), net” line item in the condensed consolidated statements of operations, were as follows:

			Three Months Ended												Nine Months Ended
(Dollars in millions)			September 30, 2025						September 30, 2024						September 30, 2025						September 30, 2024
Interest on revolving credit facility			$	—					$	—					$	—					$	(0.5)
Line of credit fees			(0.3)						(0.2)						(0.9)						(0.8)
Debt issuance amortization costs			(0.2)						(0.2)						(0.4)						(0.4)
Interest income			0.7						0.5						2.3						0.8
Other			—						(0.1)						(0.1)						(0.1)
Total interest income (expense), net			$	0.2					$	—					$	0.9					$	(1.0)

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Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

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