XML 82 R72.htm IDEA: XBRL DOCUMENT v3.25.2
Segment Reporting (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Segment Reporting [Abstract]          
Segment, Expenditure, Addition to Long-Lived Assets $ 9,158 $ 11,243 $ 25,315 $ 28,077  
Segment Reporting, Asset Reconciling Item [Line Items]          
Segment assets 1,819,711   1,819,711   $ 1,733,065
Reconciliation of Adjusted EBITDA to Net Income [Line Items]          
Sales 705,973 708,362 1,373,042 1,384,787  
Cost of products sold 612,922 625,422 1,202,813 1,240,204  
Restructuring charges 2,852 17,781 4,963 18,914  
Gain on sale of business     (98) 0  
Depreciation, Depletion and Amortization 24,521 25,873 48,349 52,336  
Interest Income (Expense), Operating 28,712 28,635 57,331 57,916  
Income tax expense 8,081 8,080 10,784 12,211  
Net (loss) income (1,401) (76,243) 151 (107,903)  
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement 0 46,787 0 46,787  
Corporate Segment and Other Operating Segment [Member]          
Reconciliation of Adjusted EBITDA to Net Income [Line Items]          
Sales 19,175 20,674 37,935 40,305  
Sealing systems [Member]          
Segment Reporting [Abstract]          
Segment, Expenditure, Addition to Long-Lived Assets 4,172 5,421 13,644 14,921  
Segment Reporting, Asset Reconciling Item [Line Items]          
Segment assets 856,554   856,554   817,581
Reconciliation of Adjusted EBITDA to Net Income [Line Items]          
Intersegment sales 374,308 376,832 730,229 740,020  
Sales 364,368 364,946 708,679 716,225  
Cost of products sold 312,687 316,854 612,292 634,456  
Segment Reporting, Other Segment Item, Amount 11,336 13,057 23,730 25,363  
Restructuring charges 2,735 10,526 4,256 11,174  
Depreciation, Depletion and Amortization 12,570 13,280 24,421 26,528  
Fluid Handling Systems          
Segment Reporting [Abstract]          
Segment, Expenditure, Addition to Long-Lived Assets 4,293 5,170 11,157 11,663  
Segment Reporting, Asset Reconciling Item [Line Items]          
Segment assets 718,789   718,789   667,920
Reconciliation of Adjusted EBITDA to Net Income [Line Items]          
Intersegment sales 323,162 328,108 627,976 638,453  
Sales 322,430 322,742 626,428 628,257  
Cost of products sold 283,982 292,196 556,135 573,407  
Segment Reporting, Other Segment Item, Amount 11,451 14,264 22,314 27,586  
Restructuring charges 79 2,500 533 2,825  
Depreciation, Depletion and Amortization 10,045 10,154 18,991 19,478  
Corporate Segment and Other Operating Segment [Member]          
Reconciliation of Adjusted EBITDA to Net Income [Line Items]          
Restructuring charges 38 4,755 174 4,915  
Reportable Segment, Aggregation before Other Operating Segment          
Segment Reporting [Abstract]          
Segment, Expenditure, Addition to Long-Lived Assets 8,465 10,591 24,801 26,584  
Segment Reporting, Asset Reconciling Item [Line Items]          
Segment assets 1,575,343   1,575,343   1,485,501
Corporate Segment and Other Operating Segment [Member]          
Segment Reporting [Abstract]          
Segment, Expenditure, Addition to Long-Lived Assets 693 $ 652 514 $ 1,493  
Segment Reporting, Asset Reconciling Item [Line Items]          
Segment assets $ 244,368   $ 244,368   $ 247,564